D-Wave Quantum Surges on $100M Grant, Awaits Key Details
Technology Sarah Chen

D-Wave Quantum Surges on $100M Grant, Awaits Key Details

D-Wave Quantum shares rose to $29.40 after news of a $100 million CHIPS Act grant. The market awaits final terms and the company's investor day on June 1.

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Rigetti Computing Surges on $100M Quantum Grant News, Trading Resumes Tuesday
Technology Sarah Chen

Rigetti Computing Surges on $100M Quantum Grant News, Trading Resumes Tuesday

Rigetti shares surged 19.9% to $26.42 on Friday following news of a potential $100 million grant from the U.S. Commerce Department. Trading resumes Tuesday after the Memorial Day holiday.

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Ford Stock Hits New High on Battery Storage Unit Momentum
Markets Daniel Marsh

Ford Stock Hits New High on Battery Storage Unit Momentum

Ford shares hit a one-year high of $14.93 on Friday, fueled by its new battery storage unit and a deal with EDF. Investors will watch Tuesday's trading for signs of sustained momentum.

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Canadian Stocks Hit New High as Tech and Mining Rally Offsets Energy Slide
Markets Daniel Marsh

Canadian Stocks Hit New High as Tech and Mining Rally Offsets Energy Slide

The S&P/TSX Composite Index reached a new closing record of 34,830.89, up 1%, as tech and mining stocks advanced, while energy shares declined on a near 7% drop in Brent crude.

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Hudbay Minerals Surges on Copper Rally as TSX Hits New Peak
Markets Daniel Marsh

Hudbay Minerals Surges on Copper Rally as TSX Hits New Peak

Hudbay Minerals shares surged nearly 9% in Toronto on Monday, leading a mining rally as the TSX Composite Index hit a new record high, buoyed by rising copper prices and U.S.-Iran peace talks.

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Schwab Faces AI-Driven Cash Flow Challenge Amid Record Assets
Earnings James Calloway

Schwab Faces AI-Driven Cash Flow Challenge Amid Record Assets

Charles Schwab's idle cash model faces a new test as AI-powered tools make it easier for clients to shift funds into higher-yield products. The company reported record assets of $12.61 trillion in April.

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Athabasca Oil Drops 5% as Crude Plunges, TSX Hits Record
Markets Daniel Marsh

Athabasca Oil Drops 5% as Crude Plunges, TSX Hits Record

Athabasca Oil shares fell 5% to C$11.34 as WTI crude dropped over 6%, lagging the TSX which hit a record high despite energy sector losses.

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Lockheed Martin Expands THAAD Production in Alabama Amid Rising Demand
Markets Daniel Marsh

Lockheed Martin Expands THAAD Production in Alabama Amid Rising Demand

Lockheed Martin has started construction on a major THAAD interceptor plant in Alabama, aiming to increase output from 96 to 400 units per year amid surging Pentagon demand.

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Strathcona Slumps 5% as TSX Hits Record; Energy Stocks Drag
Commodities Rebecca Torres

Strathcona Slumps 5% as TSX Hits Record; Energy Stocks Drag

Strathcona Resources fell 5.1% as crude tumbled on U.S.-Iran talks. TSX hit a record, but energy stocks lagged.

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Scandium Canada Surges 17% as Quebec Critical Mineral Play Gains Momentum
Commodities Rebecca Torres

Scandium Canada Surges 17% as Quebec Critical Mineral Play Gains Momentum

Scandium Canada Ltd. shares jumped 16.7% to C$0.175 on thin holiday volume, as investors eye upcoming alloy qualifications, a pre-feasibility study, and drilling results.

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Cameco Shares Gain on TSX Amid US Holiday, Uranium Outlook Steady
Commodities Rebecca Torres

Cameco Shares Gain on TSX Amid US Holiday, Uranium Outlook Steady

Cameco shares rose C$2.33 to C$146.96 on the TSX Monday, while US trading paused. The company posted Q1 net earnings of C$131 million and reaffirmed its 2026 uranium production forecast.

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Baytex Energy Drops 5.5% as Oil Prices Slide on US-Iran Peace Hopes
Markets Daniel Marsh

Baytex Energy Drops 5.5% as Oil Prices Slide on US-Iran Peace Hopes

Baytex Energy shares slid 5.48% as oil prices tumbled on US-Iran peace talks. Despite the drop, the stock remains up over 51% year-to-date.

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