News

Rumors of Shale’s Peak Were Premature

During earnings season for the first quarter of the year, the message of the U.S. energy industry to the world was “Peak ...

Vietnam Buys Its First U.S. Crude Oil Cargo for 2025

Vietnam has bought its first cargo of U.S. crude oil for 2025, Reuters reported on Thursday, citing sources. Vietnam, which is estimated to have made its previous purchase of U.S. crude at the end of ...

Warning: The Fed Might Not Cut Rates After All

On Tuesday, the Bureau of Labor Statistics posted inflation rates moderating to 0.2% month-on-month. Markets immediately priced in a near certainty for a 25 bps cut next month. Expectations increased ...

Altus, Amex, Andean at 52-Week Highs on News

Altus Group Limited (T.AIF) hit a new 52-week high of $60.72. While the Company has a policy not to comment on market rumours ...

A.I. Start-Up Perplexity Bids $34.5 Billion For Google Chrome Browser

Artificial intelligence (A.I.) start-up company Perplexity has offered to buy Google’s (GOOGL) Chrome browser for $34.5 ...

Why Markets Hit Record Highs After CPI Report

Stock markets had little to dislike from the Consumer Price Index report. The U.S. Bureau of Labor Statistics posted a 0.2% ...

Tesla Bids To Supply Electricity To U.K. Households

Electric vehicle maker Tesla (TSLA) is bidding to supply electricity to British households and businesses across the United ...

Smaller Gains, But TSX Still Up Wednesday

The sky may be the limit, but stocks throughout North America continued to reach for it Wednesday, on the good vibes created by the anticipation of lower interest rates in the coming weeks. The TSX ...

TSX Continues Positive Amid Rate Hopes

Canada's main stock index scaled an all-time high on Wednesday, bolstered by ongoing optimism surrounding a September U.S. Federal Reserve interest rate cut. The TSX Composite Index was off its highs ...

Oil Prices Fall on Raised Forecasts

Petroleum prices subsided on Wednesday after the International Energy Agency noted supply overtaking demand this year, while investors awaited Friday’s meeting between U.S. President Donald Trump and ...

Canada’s Gildan Activewear Buys Hanesbrands In $4.4 Billion Deal

U.S. underwear maker Hanesbrands (HBI) has agreed to be taken over by Canada’s Gildan Activewear (GIL) in a cash and stock deal valued at $4.4 billion U.S. Shares of Hanesbrands surged as much as 40% ...

Watch Out for Cava, Circle, and CoreWeave

Inflation, tariffs, and weakening consumer sentiment will hurt some restaurant chains. CAVA Group (CAVA) posted second-quarter results after markets closed on Tuesday. Shares fell by 22%. The firm ...