Markets News

Latest stock market news and real-time market analysis. Track S&P 500, Nasdaq, and Dow Jones movements, sector rotations, and breaking market events.

Shopify's Buyback Program Takes Center Stage as July Begins
Markets Daniel Marsh

Shopify's Buyback Program Takes Center Stage as July Begins

Shopify shares gained 2.2% in a holiday-shortened week, with the company's $3.55 billion buyback program drawing investor attention. The stock ended Thursday at $119.46.

SHOP
Super Micro Stock Tumbles as AI Orders Face Scrutiny
Markets Daniel Marsh

Super Micro Stock Tumbles as AI Orders Face Scrutiny

SMCI stock dropped 11.1% in a holiday week, with its market cap at $18.84 billion—less than half of the $39 billion in AI server orders announced in June.

SMCI NVDA DELL QQQ
Air Canada Stock Nears 52-Week High Amid CEO Speculation and Low Volume
Markets Daniel Marsh

Air Canada Stock Nears 52-Week High Amid CEO Speculation and Low Volume

Air Canada shares traded near a 52-week high on low volume, as a report names a potential CEO successor. The stock sits above the average analyst target.

HydroGraph Shares Plunge as $1.48B Valuation Dwarfs Tiny Revenue
Markets Daniel Marsh

HydroGraph Shares Plunge as $1.48B Valuation Dwarfs Tiny Revenue

HydroGraph Clean Power shares fell 12.2% on Friday, with a C$1.48 billion market cap versus trailing sales of about US$90,800, highlighting an extreme valuation gap.

RBC Shares Outpace Analyst Targets as ETF Weight Amplifies Moves
Markets Daniel Marsh

RBC Shares Outpace Analyst Targets as ETF Weight Amplifies Moves

Royal Bank of Canada shares continue to trade near record levels, outpacing analyst price targets, as the bank's significant weighting in major ETFs magnifies its market influence.

RY TD
GFL Environmental Surges in Toronto on Take-Private Speculation
Markets Daniel Marsh

GFL Environmental Surges in Toronto on Take-Private Speculation

GFL Environmental shares rose sharply in Toronto trading following reports of a possible take-private deal, while US markets were closed for the holiday.

GFL SES
AtkinsRéalis Surges on Turkey Nuclear Review, Market Cap Gains C$683M
Markets Daniel Marsh

AtkinsRéalis Surges on Turkey Nuclear Review, Market Cap Gains C$683M

AtkinsRéalis shares surged 4.81% as Turkey's preliminary review of CANDU reactors boosted investor sentiment, adding C$683 million in market cap.

MDA Space Rises on TSX as NYSE Observes Independence Day
Markets Daniel Marsh

MDA Space Rises on TSX as NYSE Observes Independence Day

MDA Space shares rose 1.9% on the TSX to C$58.82, with NYSE trading paused for the U.S. holiday. The gain added C$151 million in equity value.

RTX
Kraken Robotics Shares Dip Post-Covelya Deal Despite Revenue Forecast Boost
Markets Daniel Marsh

Kraken Robotics Shares Dip Post-Covelya Deal Despite Revenue Forecast Boost

Kraken Robotics shares gained 4.7% to C$6.67 after closing the Covelya acquisition, but trade below the C$8.50 deal price. The company raised its 2026 revenue midpoint 79% to C$305 million.

SECURE Waste Surges on GFL Buyout Speculation, Deal Spread Narrows
Markets Daniel Marsh

SECURE Waste Surges on GFL Buyout Speculation, Deal Spread Narrows

SECURE Waste Infrastructure shares rose over 4% as GFL Environmental advanced on buyout speculation, shrinking the deal spread to about 1.5%.

BlackBerry Stock Surge Driven by $200M Convertible Note and QNX Growth
Markets Daniel Marsh

BlackBerry Stock Surge Driven by $200M Convertible Note and QNX Growth

BlackBerry shares surged 48.6% in five sessions, driven by a $200 million convertible-note deal and strong QNX revenue growth. The company raised its fiscal 2027 outlook.

BB
Pfizer's 7% Yield Attracts Income Seekers as Pharma Sector Stalls
Markets Daniel Marsh

Pfizer's 7% Yield Attracts Income Seekers as Pharma Sector Stalls

Pfizer shares edged up 1.84% to $24.32, offering a 7.07% yield, but the stock has declined 14.12% over the past three months amid a sluggish pharmaceutical sector.

PFE JNJ ABT MRK BMY LLY