Category: Top Story
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Kraft Heinz Announces Departure of Senior Executive Cory Onell (KHC)
The Kraft Heinz Company (NASDAQ:KHC) said Cory Onell will step down from his position as Executive Vice President and Chief Omnichannel Sales and Asia Emerging Markets Officer at the end of June, marking a leadership change within the food and beverage group. The company said Onell’s departure will become effective on June 30, 2026. Advisory…
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Wall Street Set for Rebound as Iran Peace Accord Lifts Sentiment: Dow Jones, S&P, Nasdaq, Futures
U.S. stock futures pointed higher on Thursday, indicating a stronger start for Wall Street after equities sold off sharply following the Federal Reserve’s latest policy decision. Investor sentiment improved after the United States and Iran formally signed a preliminary agreement aimed at ending the conflict in the Middle East, easing concerns over energy supplies and…
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Is Tech Heading for a Correction? Intel and Marvell Technology Are Expensive – Could Lahontan Gold Be a Rotation Winner?
Intel: Operational Pressure Forces Smart Capital Model As an integrated chip manufacturer, Intel serves the PC and server market with its own processors and also acts as a contract manufacturer for external chip designers. To relieve pressure on the balance sheet amid high operating losses in the foundry business, the group, under the leadership of Lip-Bu…
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Globex Mining has trounced the TSX since 2016: Why to stay bullish
While mining is an essential industry, supplying us with the basic materials that make up the products and services at the heart of our everyday lives, from lithium in electric vehicle batteries, to gold in our jewelry, to copper cables enabling the Internet, to nickel for the steel support structures in our homes, investing in…
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Intel Jumps After Trump Says Apple Will Partner on U.S. Chip Production (INTC)
Intel Corporation (NASDAQ:INTC) shares surged in premarket trading on Thursday after U.S. President Donald Trump said Apple Inc (NASDAQ:AAPL) had agreed to work with the chipmaker on designing and manufacturing semiconductors in the United States, a move that could bolster efforts to expand domestic chip production. Intel stock climbed more than 8% before the opening…
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SpaceX Rebounds in Premarket Trading After First Post-IPO Decline (SPCX)
SpaceX (NASDAQ:SPCX) shares edged higher in premarket trading on Thursday after posting their first daily decline since the company’s record-breaking stock market debut, following a remarkable rally that briefly propelled the aerospace group above some of the world’s largest technology companies by market value. SPCX rose 1.2% before the opening bell by 05:08 ET (09:08…
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Maserati Updates Core Models as Stellantis Prepares Luxury Brand Overhaul
Maserati unveiled refreshed versions of its GranTurismo, GranCabrio and Grecale models on Thursday as parent company Stellantis (BIT:STLAM) prepares to outline a new long-term strategy for the luxury marque later this year. The model updates come ahead of a capital markets event scheduled for December, where management is expected to present plans aimed at revitalising…
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Wall Street Futures Rebound as Markets Weigh Fed Outlook and U.S.-Iran Peace Agreement: Dow Jones, S&P, Nasdaq
U.S. stock futures moved higher on Thursday as investors assessed the implications of the Federal Reserve’s latest policy decision and a surprise agreement between the United States and Iran aimed at ending months of conflict. The gains followed a sharp sell-off on Wall Street in the previous session, when rising Treasury yields and a more…
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IPO Momentum, Small-Cap Strength, and Sector Opportunities
The first half of 2026 has delivered a fascinating mix of improving market sentiment, persistent economic uncertainty, and renewed appetite for capital formation. In this month’s episode of The Market This Month, Canadian Securities Exchange Director of Listings Development Anna Serin sits down with Stonecastle Investment Management portfolio manager Bruce Campbell to discuss the resurgence…
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Hawkish Fed Surprise Sends Stocks Sharply Lower
Wall Street ended Wednesday deep in the red after Federal Reserve Chair Kevin Warsh delivered a hawkish shock in his debut as chair of the FOMC, erasing an early-session gain driven by a stronger-than-expected retail sales report. All three major indexes finished well off their highs, with growth and technology stocks bearing the brunt of…