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– Trump declares a cease-fire in Iran/Israeli war – WTI oil prices plunge, stock markets rally. – US dollar reverses all yesterday’s gains. USDCAD: open 1.3714, overnight range 1.3708-1.3738, close 1.3735, WTI 66.23, Gold 3319.68 The Canadian dollar reversed yesterday’s losses due to a wide-spread unwinding of US dollar safe-haven trades. The move was triggered…
6/24/2025 – 9:36 AM EST – Avant Technologies Inc : Announced it will create a new company to house either a joint venture, partnership, or acquisition as it further expands its interests in diabetes. In late 2024, Avant entered into a joint venture and licensing agreement with Ainnova Tech, Inc., when the two…
After investors fearfully sold off health insurer stocks, it might be time to be bullish on them. These firms will unveil significant changes to their prior authorization requests. That would simplify the process and increase customer satisfaction. The biggest health insurers will have a common standard that starts in 2027. By supporting electronic…
It was a rough week for Aurora Cannabis (TSX:ACB)(NASDAQ:ACB) whose shares fell last week through no fault of its own. The stock has lost 30% of its value in just the past five trading days. A selloff ensued after the company posted its latest earnings numbers, and there was news which claimed it…
Equities in Canada’s largest centre continued to make progress as Monday morning became afternoon, with resource stocks like gold leading the way. The TSX Composite Index rolled on 155.24 points to move into Monday afternoon at 26,652.81. The Canadian dollar regrouped 0.05 cents to 72.82 cents U.S. Over the weekend, the U.S. had launched strikes…
Advertisment Stocks were higher on Monday even after the United States entered Israel’s war against Iran over the weekend by striking three nuclear sites. Oil prices were also lower after a brief spike overnight. The Dow Jones Industrials saw gains subside, but was still ahead 21.24 points midday Monday at 42,228.06. The…
Last week, the Federal Reserve reiterated no change to its interest rate policy. It kept rates a 4.25% to 4.50%, a move that stock markets widely anticipated. What will happen next for U.S. inflation, jobs, the tariff trade war, and stock markets?Fed Chair Powell said that inflation is contained, but is somewhat elevated. The job…
Meta Platforms (META) historically go big or go home with acquisitions. Its savvy purchase of WhatsApp and Instagram continues to pay off, strengthening the firm’s platform. This time, Meta invested even more. It announced a $14.3 billion investment in Scale AI. That brought tech star Alexandr Wang to the hired staff list. Meta is reportedly…
Monday U.S. Economic Lookahead S&P flash U.S. services PMI (June) S&P flash U.S. manufacturing PMI (June) Existing home sales (May) Featured Earnings Factset Research Systems Inc (NYSE: FDS)(Q3) EPS of $4.31, compared to $4.37 in the prior-year quarter. Commercial Metals Company (NYSE:CMC) (Q3) EPS of 75 cents, compared to $1.02 in the prior-year…
Safety Shot, Inc. (NASDAQ: SHOT) shares cleared breakeven Friday. The Scottsdale, Arizona-based company provided an update on the expected timing for the closing of its previously announced acquisition of Yerbaé Brands Corp. (TSX-V: YERB.U). Following the approval of the acquisition by a majority of its stockholders on June 12, 2025, the companies have…
