Big banks’ record Wall Street profits are increasingly tied to AI
Wall Street’s biggest banks just posted a record first half, turbocharged by stock trading, dealmaking, and financing tied…
SpaceX Taps Bond Market for $20 Billion to Fuel AI Expansion
Elon Musk’s SpaceX has begun selling investment grade bonds for the first time in what is anticipated to…
Korea Pension Fund’s Pivot Amplified Stock Swings, Barclays Says
A move by the National Pension Service to temporarily suspend portfolio rebalancing has fueled volatility in South Korea’s…
‘Everyone’s trying to figure out what to do next’ as oil tops US$90
iStock / Dan Prat Stock and bond markets took one on the chin this week, amid rising oil…
EU doesn’t need all 27 to move forward on reforms – POLITICO
In Wall Street Journal interview, ECB chief backs smaller country groupings to push capital markets reform and other…
One ETF category ‘exploded’ in popularity in 2025, and one fund topped them all
Investors pumped unprecedented amounts of money into Canadian exchange-traded funds (ETFs) in 2025, with equity funds dominating, according…
Analysts name top Canadian telecom stocks for 2026
After two bruising years for most of Canada’s telecommunications stocks, analysts see 2026 as a year of rehabilitation…
CIBC lists 6 stocks for ‘bargain hunters’ in tax-loss selling season
Every December, tax-loss selling puts downward pressure on certain stocks, as investors look to offset capital gains. CIBC…
EU market reforms won’t bring back growth
Almost all of Europe’s problems are long-term and intractable. This is also the case when it comes to…
Big Six banks report $16.45B profit in fourth quarter as capital markets boom
TORONTO — Fourth-quarter bank earnings wrapped Thursday with TD, BMO and CIBC all reporting higher-than-expected profits to add…
RBC posts record Q4 profit but CEO raises concerns about uneven economic recovery
TORONTO — Royal Bank of Canada handily beat analyst expectations as it reported record fourth-quarter results that showed…
Jefferies downgrades RBC, TD while bulls bet on ongoing Canadian banking momentum
Jefferies Financial Group downgraded both Royal Bank of Canada and Toronto-Dominion Bank to “Hold” from “Buy,” leaving no…