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Shopify Shares Dip in Toronto as US Market Closed; AI Strategy and Buyback in Focus
Shopify shares fell 1.1% in Toronto to C$152.06 as the Nasdaq was closed for Juneteenth. The market is assessing the company's $5B buyback and new AI features against growth and cash flow worries.
Rocket Companies Surges 9% Pre-Holiday as Mortgage Rates Dip and Demand Improves
Rocket Companies shares surged 9.08% to $14.42 on heavy volume before the Juneteenth market closure, as 30-year mortgage rates dipped to 6.47% and homebuying demand improved.
Micron Hits Record High as AI Memory Demand Fuels Rally Ahead of Earnings
Micron shares hit a record high, capping a 15.5% weekly gain, as AI memory demand tightens supply ahead of next week's earnings report.
Alamos Gold Tumbles After Young-Davidson Production Warning
Alamos Gold shares fell 18% after warning that production at its Young-Davidson mine will miss guidance and costs will rise, prompting a BMO price target cut.
HIVE Digital Surges on $220M AI Cloud Deal with Bell Canada and Cohere
HIVE Digital Technologies shares rose 8.8% in Toronto after its BUZZ HPC unit signed a $220M, three-year GPU cloud deal with Bell Canada and Cohere, targeting $70M in annual recurring revenue from late 2026.
Snap Shares Dip as $2,195 Specs Launch Fails to Impress Investors
Snap shares dropped 1.69% to $4.66, marking a third straight loss, as investors reacted skeptically to the $2,195 Specs AR glasses launch and CEO Evan Spiegel's long-term profit focus.
Keel Infrastructure Surges in Toronto After $458M Convertible Note Sale for AI Data Centers
Keel Infrastructure's Toronto shares surged 17.19% following a $458 million convertible-note sale for AI data-center projects, while U.S. shares were halted for Juneteenth.
AT&T Slips on California Copper Dispute and CFO Change
AT&T shares ended lower for a fourth straight session, pressured by regulatory pushback in California and a looming CFO change, as the market heads into a three-day break.
Tesla Flat Ahead of Juneteenth as AI Capex Optimism Battles European FSD Hurdles
Tesla shares ended the pre-holiday week flat at $400.49, as AI spending optimism countered European regulatory scrutiny of Full Self-Driving and mixed delivery outlook.
NuScale Power Surges on Safety System Contract, Faces Development Hurdles
NuScale Power stock surged 13.54% to $11.74 after awarding Paragon a contract for safety-system designs, but the company's $565,000 in Q1 revenue and $776.9 million deficit highlight ongoing development risks.
Super Micro Stock Bounces Back After $7B Fundraise, But Concerns Linger
Super Micro Computer (SMCI) rebounded 10.37% on Thursday after a $7 billion equity raise, but shares are still down about 25% from June 9, as investors weigh dilution risks and the conversion of $39 billion in AI-server orders.