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TORO News17 articles
Toronto Gas Prices Set to Spike Again as Winter-Blend Relief Fades
Toronto's brief winter-blend discount is set to vanish Thursday as prices are forecast to jump six cents to 189.9ยข per litre, erasing most recent savings.
AC/DC Toronto Cancel: Live Nation's Real Risk Is Stadium Rebuild
Live Nation's AC/DC Toronto cancellation triggers refunds and stadium rebuild costs, but the bigger investor concern is who bears the expense and what it means for venue portfolio returns.
Live Nation Holds Steady as Toronto Reviews Stadium Repair Plan
Live Nation shares held near $170 as Toronto reviews the engineering report on storm-damaged Rogers Stadium, with AC/DC's September 16 concert still uncertain.
Live Nation Shares Slip 1.8% as Toronto Stadium Repair Deadline Passes
Live Nation shares fell 1.8% as Toronto's repair deadline for Rogers Stadium arrived, threatening an AC/DC concert but not yet altering financial guidance.
eToro Beats Q2 Forecasts, Buys TradeZero for $231M to Expand US Reach
eToro exceeded Q2 profit estimates and agreed to acquire TradeZero for up to $231 million, accelerating its US expansion amid shifting trading activity.
GFL Environmental Surges in Toronto on Take-Private Speculation
GFL Environmental shares rose sharply in Toronto trading following reports of a possible take-private deal, while US markets were closed for the holiday.
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.
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.
RBC Shares Surge to 52-Week High Amid Mixed Toronto Market
RBC shares hit a 52-week high of C$277.09, closing up 1.24% at C$276.01, after Q2 net income of C$5.5 billion beat estimates, as the TSX slipped 0.2%.
Xanadu Shares Gain in Toronto as Nasdaq Halts; $300M Facility and Cost-Cutting Tech in Focus
Xanadu's TSX shares rose 5.18% to C$21.85 on Monday, while its Nasdaq line was closed for Memorial Day. The company announced a $300 million equity facility and a quantum memory advance that could cut costs by half.
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.
HIVE Digital Soars 29% on Plans for Massive AI Data Center Near Toronto
HIVE Digital Technologies stock jumped 28.6% to $3.46 on Monday after unveiling plans for a 320 MW AI data center near Toronto, aiming for over 100,000 GPUs by late 2027.
HIVE Digital Soars on C$3.5B AI Data Center Plan in Toronto
HIVE Digital Technologies shares surged 33% in Nasdaq pre-market after its BUZZ HPC unit unveiled plans for a 320 MW AI infrastructure site near Toronto, with a C$3.5 billion investment target.
AMD Partners with University of Toronto on Major AI Research Initiative
Advanced Micro Devices has established a collaborative artificial intelligence research laboratory with the University of Toronto, committing to support 100 projects over a three-year period while donating advanced computing hardware.
AMD Partners with University of Toronto to Launch AI Research Hub Amid Intensifying Chip Competition
Advanced Micro Devices has launched a new artificial intelligence research laboratory in partnership with the University of Toronto, aiming to support 100 projects over three years. AMD shares surged approximately 6% in premarket trading following the announcement.
Corning Gains on Motorola Foldable Glass Deal, Investors Eye CFO Remarks
Corning shares advanced approximately 5% to $157.86 following the announcement that its new Gorilla Glass Ceramic 3 will be featured on Motorola's upcoming foldable smartphone. The stock maintained its gains in after-hours trading.
Corning Shares Surge on Motorola Foldable Glass Deal
Corning Incorporated saw its stock climb approximately 5% to $157.86 following the announcement that its new Gorilla Glass Ceramic 3 will be featured on Motorola's upcoming razr foldable smartphone. The gains held steady in after-hours trading as the market awaits further commentary from company executives.