Discovery Mining Surges C$648M in Market Cap on First Day Under New Name
Commodities Rebecca Torres

Discovery Mining Surges C$648M in Market Cap on First Day Under New Name

Discovery Mining Ltd. (TSE:DSV) shares surged 8.8% on its first trading day under the new name, adding about C$648 million in market value.

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EQT Shares Near 52-Week Low as Gas Storage Surplus Clouds Q2 Outlook
Earnings James Calloway

EQT Shares Near 52-Week Low as Gas Storage Surplus Clouds Q2 Outlook

EQT Corp shares hover near 52-week low amid rising gas storage levels and peak Q2 capex. Analysts maintain bullish outlook with 33% average upside target.

EQT UNG XLE RRC AR CNX
Bitmine's Ether Holdings Surpass Market Cap as Independence Day Halts Trading
Crypto Sarah Chen

Bitmine's Ether Holdings Surpass Market Cap as Independence Day Halts Trading

Bitmine's gross holdings of Ether, Bitcoin, and cash total about $10.08 billion, exceeding its $8.18 billion market cap. Trading resumes Monday after the Independence Day holiday.

BMNR ORBS SBET
Ford Shares Fall as Q2 Sales Slump; F-150 Recovery Key
Earnings James Calloway

Ford Shares Fall as Q2 Sales Slump; F-150 Recovery Key

Ford shares declined 5.4% in a shortened trading week after Q2 U.S. sales dropped 10.3%, with F-150 and EV declines raising concerns ahead of July 28 earnings.

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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
Netflix Surges $14.6B in Market Cap as Nasdaq Slips Pre-Holiday
Earnings James Calloway

Netflix Surges $14.6B in Market Cap as Nasdaq Slips Pre-Holiday

Netflix shares surged 4.66%, adding $14.6 billion in market cap, while the Nasdaq slipped 0.80% ahead of the July 4 holiday. The rally was driven by ad-tech partnerships and anticipation of Q2 earnings.

NFLX OMC
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.

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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.