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News
Utilities stocks show early recovery as AI power demand grows
3+ hour, 43+ min ago (1586+ words) Utilities are showing early signs of recovery, but the opportunity depends on whether returning investor interest spreads beyond a handful of AI power stocks. Sector assessment: Through the September 8, 2026 U.S. close Utilities stocks are beginning to attract attention again after a…...
Canada July advance manufacturing sales -0.2%
2+ week, 1+ day ago (128+ words) The largest decreases were in chemical and fabricated metal product subsectors. Nvidia's Q2 earnings expected: EPS $2.09, revenue $92B, up 96% YoY, as AI trade accelerates. Amazon's chip biz hits $25B, Nvidia's revenue doubles to $92B, but server prices jump 15% as rivals close in. Trade.xyz's…...
BHP CEO plays down Canada uranium talk, stays focused on four pillars
3+ week, 1+ day ago (124+ words) BHP isn't ruling out a bigger uranium push, but Craig made clear that copper comes first and any Canadian ambitions will have to wait their turn. China's growth nosedives amid worsening property bust, premier urges more economic support. Anthropic's revenue…...
Canada Manufacturing Sales for June +0.1% vs -0.1% estimate
3+ week, 4+ day ago (190+ words) Second-quarter strength is a positive Inventories do add to the growth. Manufacturing inventories rose 0.6% to $126.8 billion in June and were up 2.0% in Q2. Overall, the headline +0.1% increase looks modest, but it was better than expectatations and the the details are stronger....
Canada Retail sales for May 1.0% versus 1.0% expected
1+ mon, 2+ week ago (163+ words) The USDCAD is little changed after the report. For the day, the USDCAD is near unchanged at 1.4086. The price remains above both its 100 and 200 hour moving averages near 1.4063 and 1.4068. Staying above keeps the buyers more in control. Moving below would…...
The full statement from the Bank of Canada rate decision
1+ mon, 3+ week ago (331+ words) The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. Canada’s economy is showing signs of improvement. Growth is picking up and inflation is projected to ease…...
ICYMI, MORE OIL SUPPLY! - Canada finds faster way to pump more oil, Alberta drillers pivot
2+ mon, 2+ day ago (197+ words) --- Alberta producers are turning to the fast-cycle Clearwater formation to pump new oil within months rather than years, with drilling permits at a 12-year high and Tamarack and Headwater both raising 2026 budgets to capture the upside. AI stocks rebound, pushing…...
Canada - PM Carney confirms southern Trans Mountain route for new Alberta pipeline
2+ mon, 6+ day ago (200+ words) --- Carney says Canada, Alberta and the oil sands alliance have agreed terms to launch the Pathways project, with Trans Mountain Corp building a new pipeline south to the Pacific Coast alongside Pembina Pipeline. Micron's AI boom fuels >2x returns, but valuation…...
Bank of Canada preview: Macklem facing a stagflationary headache
2+ mon, 4+ week ago (630+ words) The Bank of Canada will deliver its latest interest rate decision on Wednesday and almost surely hold rates steady at 2.25%, the same place where rates have been since a cut in October. The market also sees very little chance of…...
Canada March wholesale trade +1.9% vs +1.4% expected
3+ mon, 3+ week ago (270+ words) Wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) rose 1.9% to $89.0 billion in March. Sales increased in five of the seven subsectors, representing 79.6% of total wholesale sales. The largest increase came from the machinery, equipment…...