What is the right way to celebrate Mother\u2019s Day? How does one say thank you to the person who is the CEO of your life but also moonlights as your janitor, chauffer, emotional support worker, your doctor, and sometimes, when you need it, your corrections officer. <\/p>\n
The right answer? A Sunday brunch, a massage, or heart-shaped macaroni art are all great options. But the real answer\u2026 is to leave us alone for 12 hours and don\u2019t ask us if there are any snacks. <\/p>\n
Earnings season is winding down in the U.S., but it\u2019s still going full speed in Canada. There are 46 companies reporting on the Toronto Stock Exchange this week. Here are some of the most notable ones:<\/p>\n
Soft in software: Constellation Software Inc. CSU-T<\/a> is a battleground software stock down 50 per cent from the 2025 peak on concerns that AI will disrupt the businesses they own. So far, we haven\u2019t seen signs of that. In the last quarter, the company\u2019s organic growth grew within historical norms. But the company held its first conference call in eight years, signalling that management recognizes it isn\u2019t operating in a normal environment. Investors will want clarity on whether organic growth can continue undisrupted by AI when the company reports Tuesday after the close. <\/p>\n In addition to AI disruption fears, the company\u2019s founder Mark Leonard stepped aside for health reasons and recently announced he won\u2019t stand for re-election. On the conference call last quarter, new CEO Mark Miller suggested Mr. Leonard was still an active adviser. Investors will want to know if that is still true. \u201cOne of the most underappreciated things about Constellation Software is the culture that Mark Leonard put into place,\u201d said Paul Moroz, portfolio manager at Mawer Investment Management Ltd., which manages more than $65-billion in assets, on my podcast last week. Mr. Moroz recently bought the stock and has been following the company since it went public. \u201cA lot of people talk about M&A and return on capital with Constellation, but that culture is very much intact across the organization.\u201d Mr. Moroz believes the valuation is now compelling and doesn\u2019t think AI will erode the business. \u201cYou can imagine a lot of their customers \u2013 utilities for example \u2013 probably aren\u2019t going to spin up or vibe code solutions for their businesses,\u201d he said.<\/p>\n Hitting the high notes: Cisco Systems Inc. CSCO-Q<\/a> hit a record high last week ahead of earnings due out Monday afternoon. The stock has been in the eye of the AI buildout and sales are expected to hit another record this quarter. The company\u2019s networking business has benefitted from the hundreds of billions being poured into AI data centres \u2013 growing double digits for six quarters with the company saying orders from hyperscalers can hit US$5-billion this fiscal year. Cisco has also been working on its own semiconductor called Silicon One \u2013 a family of high-performance networking chips. \u201cWe believe that Silicon One is a credible growth driver for Cisco, layered on top of a stabilizing core networking business,\u201d Evercore analyst Amit Daryanani wrote, calling it an \u201cunderappreciated lever for upside.\u201d <\/p>\n Difficult go: The embattled subprime lender Goeasy Ltd. GSY-T<\/a> reports on Tuesday after the bell. Shares are down 84 per cent from its September peak, with the stock cratering in March after announcing $337-million in losses tied to its auto and recreational vehicle lending business. The company now has to show a credible plan for stabilization and growth. Recent financings mean that it has the runway for a turnaround. \u201cWe caution investors that there are considerable unknowns around the pace of portfolio movements and the gradual improvement in charge-offs,\u201d Raymond James analyst Stephen Boland wrote in a preview of the quarter. The company will face investors at its annual general meeting on May 20, which will be a trial by fire for Goeasy\u2019s CEO and CFO, who are just a few months into their jobs. <\/p>\n Rusty: Barrick Mining Corp. ABX-T<\/a> has been an underperformer in 2026 despite plans to spin off its North American assets into a new publicly traded company. Part of the issue could be that gold output is expected to fall for a fifth straight quarter when it reports Monday morning. Bullion prices have struggled since the war in Iran began, but are still much higher than last year. Barrick\u2019s inability to pump out production to capture high prices has dented the company. \u201cWe note that Barrick is now trading at a significant discount to Newmont,\u201d said TD Cowen analyst Steven Green, \u201cwhich we believe is unwarranted given (Barrick\u2019s) majority interest in (Nevada Gold Mines) and 100 per cent ownership of Fourmile, which has significant upside potential in our view.\u201d<\/p>\n It takes two: U.S. President Donald Trump and Chinese President Xi Jinping are set to have a high stakes meeting in Beijing on May 14 and 15. This is the first time a U.S. president has visited China since 2017 \u2013 which was the last time Mr. Trump visited. De-escalation of any number of issues like tariffs, the war in Iran, and Taiwan would be welcomed by investors. Boeing Co. BA-N<\/a> could be a stock to watch if talks end with China buying jets. Another area for investors to watch is around AI as the two countries fiercely compete for the upper hand. There is talk of putting a framework for handling an AI-related crisis on the agenda.<\/p>\n