Wall Street Eyes PCE Data After Dow's Record Close
Markets Daniel Marsh

Wall Street Eyes PCE Data After Dow's Record Close

The Dow hit a record high ahead of a holiday-shortened week, with all eyes on Thursday's PCE inflation report. Oil prices slid on progress in Iran negotiations.

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Whitecap Resources Dips on Oil Price Plunge Despite Buyback Initiation
Commodities Rebecca Torres

Whitecap Resources Dips on Oil Price Plunge Despite Buyback Initiation

Whitecap Resources stock dropped 3.45% on Monday as oil prices fell sharply, with the TSX energy sector down 2.1%. The company's new buyback plan started amid the selloff.

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RBC Stock Hits New 52-Week High Ahead of Q2 Earnings Report
Earnings James Calloway

RBC Stock Hits New 52-Week High Ahead of Q2 Earnings Report

Royal Bank of Canada shares hit a new 52-week high of C$265.10 on the TSX, driven by optimism ahead of its Q2 earnings release on May 28. The broader TSX also set a record, buoyed by hopes of U.S.-Iran talks.

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BMO Shares Near Record as TSX Hits New High Ahead of Q2 Earnings
Earnings James Calloway

BMO Shares Near Record as TSX Hits New High Ahead of Q2 Earnings

Bank of Montreal shares rose to a 52-week high on the TSX, nearing record levels ahead of its fiscal Q2 earnings report on May 27. The bank's dividend of C$1.67 is due May 26.

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First Quantum Soars on Panama Stockpile Approval, Copper Rally
Commodities Rebecca Torres

First Quantum Soars on Panama Stockpile Approval, Copper Rally

First Quantum Minerals rose 7.77% as Panama authorized processing and export of Cobre Panama copper stockpiles, with copper prices climbing 0.9%.

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Kraken Robotics Shares Rebound Amid Covelya Deal Anticipation
Markets Daniel Marsh

Kraken Robotics Shares Rebound Amid Covelya Deal Anticipation

Kraken Robotics shares surged 8.9% Monday, rebounding from Friday's drop, as market participants look for progress on the C$615 million Covelya acquisition.

Celestica Shares Gain in Toronto as AI Demand Drives Interest
Technology Sarah Chen

Celestica Shares Gain in Toronto as AI Demand Drives Interest

Celestica shares climbed 2.61% to C$521.27 in Toronto on May 25, driven by AI infrastructure demand and strong Q1 results, while US markets were closed for Memorial Day.

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TD Bank Shares Hit 52-Week High Ahead of Q2 Earnings Report
Earnings James Calloway

TD Bank Shares Hit 52-Week High Ahead of Q2 Earnings Report

TD Bank shares hit a 52-week high in Toronto ahead of its Q2 earnings report on May 28, with investors focused on margin pressure and US compliance costs.

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CNQ Slips 3% as TSX Hits Record; Oil Tumbles on Iran Talks
Commodities Rebecca Torres

CNQ Slips 3% as TSX Hits Record; Oil Tumbles on Iran Talks

Canadian Natural Resources shares fell 3.16% on Monday, underperforming the TSX's record run, as oil prices tumbled 5% amid U.S.-Iran negotiations. The stock closed at C$65.12.

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HIVE Digital Technologies Surges 51% on AI Data Center Plans
Technology Sarah Chen

HIVE Digital Technologies Surges 51% on AI Data Center Plans

HIVE Digital Technologies shares jumped 51% on Nasdaq after announcing a C$3.5 billion AI data center near Toronto. Cantor Fitzgerald raised its target to $4.60.

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Baytex Energy Slips as Oil Plunges on Iran Deal Speculation
Markets Daniel Marsh

Baytex Energy Slips as Oil Plunges on Iran Deal Speculation

Baytex Energy shares fell 3.7% to C$6.86 on Monday as Brent crude dropped 4.8% on speculation of a U.S.-Iran deal reopening the Strait of Hormuz.

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Baytex Energy Drops as Crude Oil Tumbles on Iran Deal Speculation
Commodities Rebecca Torres

Baytex Energy Drops as Crude Oil Tumbles on Iran Deal Speculation

Baytex Energy shares fell 3.7% on Monday, tracking a 2.1% drop in the energy sector as crude oil prices slumped 5% on speculation of a U.S.-Iran deal reopening the Strait of Hormuz.

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