On Hallowe’en Wednesday, markets sank on earnings from two of the biggest stocks in the world, Microsoft and Meta, which reported the day before. Though the companies reported strong top and bottom lines, both announced higher spending in AI, which […]

The major indices lost ground Wednesday as the biggest tech stocks continued reporting. Alphabet reported a beat and rallied 2.82%. However, Super Micro Computer‘s accounting firm quit and shares tanked nearly 33%. Elsewhere Garmin soared 23.25% and AMD closed -10.62% […]

On Tuesday, gold made a new high after adding US$31 to US$2,773 while Bitcoin popped 4% to US$72,370. Stocks, however, were mixed, with the TSX flat. Materials outperformed all other sectors on Bay Street, but most areas lagged, led by […]

Stocks in Toronto and New York inched higher, even as yields rose. The TSX added 0.35% as most sectors rallied, particularly staples and financials. Major movers included Algoma Steel jumping 7.48%, Energy Fuels 5.14%, Telus 1.91% on an upgrade, while […]

Friday’s rally in semis helped lift the Nasdaq to an intraday high before the index peeled back to close 0.56% higher. For the week, the Nasdaq barely finished positive, up only 0.16%. Meanwhile, the S&P was flat on Friday and […]