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Celestica Shares Slip as AI Hardware Rally Falters
Celestica shares dropped 5% in Toronto as the TSX reopened, mirroring declines in New York, as AI hardware stocks faced a sell-off.
CMB.Tech Soars 12% on Q1 Profit Surge, Plans $0.64 Payout
CMB.Tech shares surged 12.15% to €14.58 in Brussels after reporting Q1 profit of $368.8 million and announcing a $0.64 per share payout.
Chewy Shares Tumble 7.8% After CEO Warns of Consumer Stress
Chewy shares dropped 7.8% after CEO Sumit Singh warned of consumer spending pressure. The pet retailer reports Q1 earnings on June 10.
Kroger Stock Climbs as CEO Focuses on Price Strategy
Kroger shares gained 3.8% in midday trading Tuesday, outpacing Walmart and Costco, as investors focus on new CEO Greg Foran's pricing strategy.
Hut 8 Stock Slips 5.5% Following $16M Water Infrastructure Investment for AI Data Center
Hut 8 shares dropped 5.5% as the company invested $16 million in water infrastructure for its River Bend AI data center, highlighting the focus on project execution.
Co-Diagnostics Stock Skyrockets on Ebola Test Strategy, But Financial Concerns Loom
Co-Diagnostics shares jumped 51% on news of an Ebola assay strategy, but the test awaits regulatory approval and the company faces financial stability concerns.
Constellation Software Surges 9.5% as TSX Slips on Rising Inflation
Constellation Software shares surged 9.5% on Tuesday, outperforming a flat TSX, after reporting Q1 revenue of $3.18 billion and net income of $367 million, with robust acquisition activity.
InMed Shares Surge 109% on $290M Migraine Deal with Mentari
InMed Pharmaceuticals shares surged 108.6% to $1.42 after announcing an all-stock merger with Mentari Therapeutics, backed by a $290 million private placement, pivoting to migraine prevention.
Anthropic Bolsters AI Research with Key Hires Including OpenAI Co-Founder
Anthropic hires OpenAI co-founder Andrej Karpathy to its pre-training team, aiming to accelerate Claude model development with AI-driven research.
Whitecap Resources Hits 52-Week High on Dividend and Output Boost
Whitecap Resources shares hit a 52-week high of CA$17.04 on Tuesday, up 1.6%, after confirming a May dividend and raising 2026 production guidance.
Canaan Shares Tumble as Q1 Losses Widen, Revenue Forecast Disappoints
Canaan shares dropped 13.8% to $0.4163 after the company posted a wider Q1 net loss of $88.7 million and issued a below-consensus Q2 revenue forecast of $35 million to $45 million.