Category: Top Story
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Dow Jones, S&P, Nasdaq, Wall Street, U.S. Futures Drift Lower Ahead of Key Jobs Data as Markets Weigh Multiple Catalysts
Futures tied to the major U.S. equity benchmarks pointed lower, signalling a cautious start to the trading week as investors awaited a heavy slate of economic releases, led by a long-delayed labour market report. Attention is also turning to potential changes in U.S. market structure, with reports suggesting Nasdaq is seeking approval to extend trading…
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A waste-to-fuel development focused on producing low-carbon renewable fuels
In this episode of the Capital Compass, we get an update from Cielo Waste Solutions (TSXV:CMC) (USOTC:CWSFF), which is progressing its clean fuel strategy in northern British Columbia through Project Nexus, a waste to fuel development focused on producing low carbon renewable fuels. Since our last conversation in October, Cielo has confirmed its target location in…
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U.S. Stocks Close Modestly Lower After Initial Move To The Upside
Stocks moved to the upside at the start of trading on Monday but quickly gave back ground early in the session. The major averages pulled back well off their early highs and spent much of the rest of the day lingering near the unchanged line. The major averages eventually ended the day modestly lower. While…
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Five key market themes to watch in the week ahead
Markets face a packed agenda in the days ahead, with investors tracking a wave of delayed U.S. economic releases that should shed light on employment and inflation trends in the world’s largest economy. Elsewhere, Micron’s (NASDAQ:MU) earnings are expected to provide one of the final readouts on the artificial intelligence trade in 2025. Comments from…
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Western Digital Shares Climb After Nasdaq-100 Addition
Western Digital Corp. (NASDAQ:WDC) shares rose 1.7% on Monday after the company was named as one of the new constituents of the Nasdaq-100 Index following its annual rebalancing. The data storage group is among six companies added to the widely followed benchmark, which measures the performance of the 100 largest non-financial stocks listed on the…
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Dow Jones, S&P, Nasdaq, Wall Street, U.S. Futures Signal Early Bounce After Friday’s Sell-Off
Futures linked to the main U.S. equity benchmarks were pointing higher ahead of Monday’s opening bell, suggesting Wall Street may attempt an initial rebound after the sharp losses recorded at the end of last week. Some investors appear ready to step back into the market following Friday’s pullback, which was driven largely by heavy selling…
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Intel Shares Edge Higher on Tech Rally and Reported SambaNova Talks
Intel (NASDAQ:INTC) shares gained about 1.25% on Monday, supported by broader strength across technology stocks and reports that the chipmaker is in late-stage discussions to acquire artificial intelligence startup SambaNova Systems for roughly $1.6 billion. Bloomberg reported on Friday that Intel is engaged in advanced negotiations to buy the Palo Alto, California-based company, with a…
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Alphabet Is Best Placed for the Next Stage of AI, Bank of America Says
Alphabet (NASDAQ:GOOG) is the stock most favorably positioned for the next phase of artificial intelligence, according to Bank of America, as investor attention shifts away from sheer capital spending and toward monetization, returns and sustainable competitive advantages. In a broad assessment of AI investment and revenue potential among hyperscalers, BofA analysts said expectations around AI…
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Successful Air Business, Birchtech, to Lay Foundation for Commercial Water Treatment Expansion
In this episode of The Capital Compass, Ricki Lee sits down with Birchtech Corp. (TSX:BCHT) (USOTC:BCHT), an environmental technology company best known for its long-running air purification business that removes mercury from power plant emissions. With the company now reporting strong third-quarter results, securing $0.9 million in new purchase orders from a major U.S. utility, and…
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Tech Sell-Off Leads To Significant Weakness On Wall Street
Following the mixed performance seen during Thursday’s session, stocks showed a significant move to the downside during trading on Friday. The major averages all moved lower, with the tech-heavy Nasdaq showing a particularly steep drop. The major averages ended the day off their worst levels of the session but still in negative territory. The Nasdaq…