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TSX Set for Lower Open as Oil Spike Sparks Inflation, Recession Fears
Canada's main stock index is poised for a lower open Monday, with futures down 0.92%, after a surge in oil prices to multi-year highs intensified inflation and recession concerns, pressuring financial and mining sectors.
RBC Shares Gain Ahead of Earnings as Investors Eye Bank of Canada Policy
Royal Bank of Canada stock advanced 0.7% Friday, with investors focused on upcoming quarterly results and uncertain central bank rate outlook.
RBC Shares Near C$233 as Investors Eye Q1 Earnings After Mixed Jobs Data
Royal Bank of Canada stock closed at C$232.72, trailing peers as markets rallied. January jobs showed a loss of 24,800 positions but unemployment fell to 6.5%.
Fidelity Canada to Shutter Eight Funds as Retirement Products Outperform
Fidelity Investments Canada is winding down eight funds, with most closures set for late July. Meanwhile, the firm's Freedom 2045 and 2015 retirement funds outperformed their benchmarks in the fourth quarter of 2025.
American Airlines Stock Dips on Fuel Cost Concerns, Pressures 2026 Outlook
American Airlines shares declined approximately 3.9% as escalating jet fuel expenses, driven by higher oil prices, pressured its first-quarter outlook. The carrier warned results may hit the low end of its forecast despite strong revenue growth.
American Airlines Faces $400M Fuel Cost Hit as Oil Surge Rekindles Airline Sector Concerns
American Airlines shares held near $10.74 premarket as Brent crude surpassed $106, threatening a $400 million first-quarter fuel cost increase. The carrier maintains revenue growth expectations above 10% despite mounting pressure.
Merck Acquires Terns Pharma in $6.7B Deal to Fortify Cancer Portfolio
Merck will purchase Terns Pharmaceuticals for $53 per share in cash, a transaction valued at approximately $6.7 billion. The acquisition provides Merck with an experimental leukemia therapy as it prepares for the loss of exclusivity for its blockbuster drug Keytruda.
American Airlines Stock Dips Amid Oil Price Surge, Analyst Target Cuts
American Airlines shares dropped over 2% as Brent crude climbed above $101, pressuring airline fuel costs. UBS reduced its price target on AAL, citing sector risks.
Super Micro Stock Gains 5% Amid Export Scandal, Analysts Skeptical
Super Micro Computer shares rose 5.1% Monday, recovering slightly after a Wall Street downgrade and new details in a China export-control case. Analysts warn the rebound may be temporary as the company faces reputational risks and potential order losses.
Super Micro Plunges on Export Scandal, Analysts Downgrade
Super Micro Computer shares continued their steep decline Monday following a federal indictment alleging $2.5 billion in illegal AI server shipments to China. Analysts have downgraded the stock and warn of potential customer defections.
American Airlines Shares Dip as Fuel Costs Eclipse Record Revenue Outlook
American Airlines shares declined alongside peers as rising oil prices, driven by Middle East tensions, overshadowed a robust revenue forecast. The airline now expects Q1 revenue to jump over 10% year-over-year.
American Airlines Faces Fuel Cost Headwinds Despite Strong Q1 Revenue Outlook
American Airlines stock declined premarket as escalating fuel expenses pressured the travel sector, overshadowing an upgraded Q1 revenue projection of over 10% growth. CEO Robert Isom highlighted strong demand but warned of capacity adjustments if fuel prices persist.
Delta, American Lift Revenue Forecasts as Travel Demand Offsets Soaring Fuel Costs
Delta and American Airlines have increased their first-quarter revenue projections, citing robust spring bookings that are helping counter a surge in jet fuel expenses linked to geopolitical tensions.
American Airlines Lifts Q1 Revenue Forecast as Demand Surges, Fuel Costs Weigh
American Airlines shares rose after the carrier upgraded its first-quarter revenue guidance, citing robust travel demand. However, elevated fuel expenses are expected to keep quarterly losses near the high end of its forecast.
American Airlines Shares Decline Amid Fuel Spike and Government Shutdown Strain
American Airlines shares dropped to $10.30 Monday, underperforming peers, as surging fuel prices and airport staffing concerns from the government shutdown weigh on the carrier. The company previously warned of a Q1 loss.
Panama Canal Sees Traffic Rise as Middle East Tensions Reroute Shipping
The Panama Canal is experiencing increased vessel traffic as geopolitical tensions near the Strait of Hormuz and rising fuel prices make the shorter route more economical. Tanker crossings surged 11.2% in the first four months of the fiscal year.
Anglo American Shares Drop 2% as $100 Oil, Rate Fears Weigh on Miners
Anglo American shares declined roughly 2% on Friday, tracking a broader selloff in London-listed mining stocks as oil prices held above $100 a barrel and expectations for near-term interest rate cuts diminished.
American Airlines Stock Drops Amid Oil Price Surge, Fuel Cost Fears
American Airlines shares declined 4.4% to $10.55 as Brent crude oil prices surpassed $100 per barrel, intensifying worries about the carrier's fuel expenses and operational pressures.
American Airlines Shares Pressured as Oil Surge Squeezes Margins
American Airlines shares fell as oil prices surged past $100 per barrel, significantly increasing jet fuel expenses. The carrier faces greater exposure than competitors due to its lack of fuel hedging.
American Airlines Under Pressure as Soaring Fuel Costs Threaten 2026 Targets
American Airlines shares dropped roughly 3% in premarket trading as escalating jet fuel costs and volatile oil prices pressured airline stocks. The carrier faces a steeper climb than rivals due to higher fuel sensitivity and significant debt.
American Airlines Bolsters Credit Facility to $3.11B Amid Fuel Cost Pressure
American Airlines has expanded and extended its revolving credit facilities to $3.11 billion, maturing in March 2031. The move provides financial flexibility as jet fuel prices surge and the airline carries significant debt.
Pfizer's Eczema Candidate Tilrekimig Advances, Eyes Dupixent Rivalry
Pfizer announced its experimental eczema drug tilrekimig achieved its main goal in a mid-stage study, showing significant symptom improvement. The company plans to initiate a pivotal Phase 3 trial later this year.
FAA Tightens Chicago O'Hare Summer Flight Cap, Squeezing American Airlines' Expansion
The Federal Aviation Administration is pushing for a stricter daily flight limit at Chicago O'Hare this summer, potentially forcing deeper cuts than airlines anticipated. This creates a significant hurdle for American Airlines, which had planned a major expansion at the airport.
Firefly Neuroscience Soars 126% on AI Brain-Scan Surge and Nvidia Partnership
Firefly Neuroscience shares surged 126% following a massive expansion in its commercial brain-scan platform and a new AI initiative powered by NVIDIA hardware. The company reported a 33-fold increase in scan volumes to over 10,800 in 2025.
Anglo American CEO Sells Shares After LTIP Vests at 21.2%
Anglo American CEO Duncan Wanblad sold 24,074 shares at £36.384 each to cover tax obligations following the vesting of incentive awards. The company's 2023 long-term incentive plan paid out at 21.2% of the maximum potential award.
Xero Data Reveals U.S. Small Business Sales Slowdown, Canadian Contraction
Xero's latest data shows U.S. small business sales growth decelerated sharply to 0.9% year-over-year in the December quarter, with Canadian sales contracting 4.1%. The company cited tariff impacts and policy uncertainty.
American Airlines Recovers from Sharp Drop as Middle East Turmoil Roils Airline Sector
American Airlines shares rebounded to close up 0.6% at $12.60 on Tuesday after falling nearly 6% earlier, with airline stocks swinging amid Middle East conflict and surging oil prices.
American Express Boosts Dividend 16%, Shares Edge Higher
American Express increased its quarterly dividend by 16%, sending shares modestly higher. Investors now focus on the company's upcoming earnings report for details on consumer spending and credit health.
Sunrise Energy Metals Shares Dip on Updated Syerston Scandium Project Study
Sunrise Energy Metals Ltd (ASX:SRL) shares declined following the release of an updated feasibility study for its Syerston scandium project, which outlines a US$120 million capital requirement and a mid-2028 production target.
Travel Stocks Lose $22.6B as Oil Spike, Flight Cancellations Mount
Booking Holdings declined 0.7% as the broader travel sector shed $22.6 billion in market value. The selloff was driven by a 13% spike in oil prices and major flight disruptions linked to Middle East conflict.