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TTC News12 articles
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.
Motorola Solutions Shares Fall 11% Despite Lifted 2026 Guidance
Motorola Solutions raised its 2026 revenue forecast to $12.8B after a solid Q1, but shares tumbled 11% as investors wanted a bigger boost.
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.