Latest News
Wendy's New CEO Faces Uphill Battle as Sales Slide Continues
Wendy's same-store sales fell 7.8% in Q1, following an 11.3% Q4 decline. New CEO Robert Wright takes over as the chain closes 164 U.S. locations and faces activist investor pressure.
Shopify's AI Strategy Under Scrutiny Amid Mixed Market Performance
Shopify shares closed mixed as U.S. markets paused for Memorial Day, with the stock down 36% YTD despite a 2.71% weekly gain. Analysts weigh AI-driven growth against rising expenses.
Keel Infrastructure Stock Surges on AI Data Center Pivot
Keel Infrastructure shares rose 6.94% in Toronto to CA$7.09 as the market eyes its shift from bitcoin mining to AI data center leasing. Q1 results show revenue decline but strong liquidity.
MDA Space Shares Approach Record High Amid Robust Space Sector Activity
MDA Space shares climbed 0.2% to C$59.64, closing in on a record high after Q1 revenue jumped 32% and a new satellite facility opened. The stock is up 14% in the past week.
Blackstone's $80B Private Credit Fund Faces Redemption Surge
Blackstone's $80 billion private credit fund, BCRED, is offering to repurchase up to 93.1 million shares as Q1 inflows fell and repurchase requests rose, testing investor demand.
Goodwill Expands Thrift Network with New Alabama Outlet, Eyes 100 Stores in 2026
Goodwill opens a new store in Sylacauga, Alabama, and prepares for a Maryland location, as part of a plan to open 100 stores in 2026 to meet growing demand for secondhand goods.
Air Canada Stock Rises on Oil Drop and Labor Deal Progress
Air Canada shares rose nearly 3% Monday on lower oil prices and a tentative labor agreement covering 6,000 Unifor members, easing some near-term pressures.
SK hynix Stock Near Peak as Seoul Reopens After Holiday
SK hynix stock is near record highs as Seoul markets reopen after Buddha's Birthday. Foreign investors sold heavily last week, while regulators warn on new leveraged products.
BlackBerry Hits 52-Week High as QNX Momentum Drives Stock Rally
BlackBerry's Toronto shares hit a 52-week high Monday, extending last week's 28% surge fueled by strong Q4 results and record QNX revenue.
LPKF Laser Stock Surges 15% as Glass Technology Hopes Outpace Fundamentals
LPKF Laser shares jumped another 14.92% to €28.50, extending a five-day gain of 31%. The rally continues despite Q1 revenue falling to €17.1 million and EBIT losses widening, as CEO Klaus Fiedler bought shares and glass technology hype persists.
LPKF Laser Surges 15% as Glass Tech Optimism Drives Rally
LPKF Laser shares surged nearly 15% on Monday, extending a five-day rally to 31%, driven by social media buzz around its glass technology despite a 32% revenue drop and widening losses.
Alphabet Stock Pauses for Holiday; AI Strategy in Focus
Alphabet shares slipped 1.21% last week amid AI spending concerns. Google and Blackstone launch $5B AI cloud venture. PCE data due May 28 could pressure growth stocks.