Latest News
Thin Cash Buffer Under Treasuries Raises New Risk for US Markets
The Fed's overnight reverse repo facility took in just $2.175 billion on July 2, while the Treasury General Account was $919.14 billion, a thin cushion that could heighten funding market risks.
Defensive Rotation: Investors Flee AI Chip ETFs After Weak Jobs Report
A sharp selloff in AI chip stocks on Thursday, triggered by weaker-than-expected June jobs data, saw investors rotate into defensive sectors like healthcare, utilities, and staples.
Verizon Shares Slide as Investor Fears Mount Over Dividend Security Amid Satellite Threat
Verizon shares dropped 1.1% as investors focused on dividend risk, with the stock's daily trading range surpassing the upcoming quarterly payout. Market losses from satellite competition add pressure.
Keel Infrastructure Plunges, Erasing Nearly All June Note Proceeds
Keel Infrastructure shares tumbled 13.66%, erasing about $447 million in market value, nearly equaling the $445.4 million net proceeds from its June convertible note offering.
Plug Power Drops Below 200-Day Moving Average as Liquidity Concerns Linger
Plug Power (NASDAQ:PLUG) fell 3.4% to $2.55 on Thursday, dropping below its 200-day moving average, as market attention remained fixed on the company's cash position rather than its Danish hydrogen milestone.
USPS Holiday Schedule Sparks Parcel Investor Caution Amid Market Split
USPS will shut down on July 4, with normal service resuming July 6. Parcel investors watch volume declines and revenue shifts, as markets close early.
Deltic Energy Share Discount Widens as AIM Thinness Tests Cash Offer
Deltic Energy shares remain below the 7.7p cash offer from NEO NEXT+, with thin AIM liquidity widening the bid spread. Peel Hunt trades reveal the real market gap.
TELUS shares hit new low as new CEO faces high-yield dividend challenge
TELUS shares dropped 1.77% to a new 52-week low of CA$14.71 on Thursday, as new CEO Victor Dodig takes the helm. The stock's dividend yield of 11.36% is more than double that of BCE and Rogers, highlighting the challenge of sustaining payouts.