Today: 20 June 2026

Khadija Saeed

Khadija Saeed is a financial markets reporter at TS2.tech, specializing in stocks, technology and emerging industries. She studied economics and finance at the London School of Economics and previously worked in market research before moving into financial journalism. Her coverage focuses on the companies, innovations and economic trends influencing global investors.

Whitecap Slides as Oil Selloff Saps Buyback Optimism

Whitecap Slides as Oil Selloff Saps Buyback Optimism

Red Robin will open its first Saginaw County location at the former Logan’s Roadhouse on Tittabawassee Road by year-end, managed by Ansara Restaurant Group. The chain closed restaurants in Frederick, Maryland, and East Peoria, Illinois, after May 24. Red Robin’s Q1 revenue dropped to $378.3 million, with guest traffic down 1.6%, but operating margin improved to 14.8%.
25 May 2026
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RBC Stock Sets New 52-Week High as Investors Watch Thursday

RBC Stock Sets New 52-Week High as Investors Watch Thursday

Royal Bank of Canada shares hit a 52-week high of C$265.10 on the TSX Monday before easing to C$263.99 by 12:47 p.m. EDT. The S&P/TSX Composite also reached a record, with financials rising ahead of major bank earnings. RBC will report second-quarter results before markets open on May 28. U.S. markets were closed for Memorial Day, leaving Canadian trading to set the pace.
25 May 2026
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First Quantum Shares Surge as Copper Rally Brings Cobre Panama Back in Focus

First Quantum Shares Surge as Copper Rally Brings Cobre Panama Back in Focus

First Quantum Minerals shares rose 7.77% to C$39.58 in Toronto by midday Monday, after Panama allowed the company to process and export copper stockpiles from the closed Cobre Panama mine. Copper prices climbed 0.9% to $13,624.32 a ton in London. Canada’s main stock index hit a record, driven by mining gains. First Quantum raised its 2026 copper production outlook, citing the stockpile plan.
25 May 2026
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Kraken Robotics Gains 9% on Covelya Deal Chatter

Kraken Robotics Gains 9% on Covelya Deal Chatter

Kraken Robotics shares rose 8.9% to C$7.94 on the TSX Venture Exchange by midday Monday, rebounding after a 4.95% drop Friday. Trading volume reached about 576,260 shares. No new company statement was released; investors await updates on Kraken’s pending C$615 million Covelya acquisition, expected to close in the second quarter. Canadian markets remained open while U.S. exchanges closed for Memorial Day.
25 May 2026
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Celestica Rallies After Hours While U.S. Markets Shut—AI Buzz Lifts CLS

Celestica Rallies After Hours While U.S. Markets Shut—AI Buzz Lifts CLS

Celestica shares rose 2.61% to C$521.27 in Toronto Monday as U.S. markets closed for Memorial Day, leaving TSX as the only active venue. The stock remained below its 52-week high. S&P/TSX Composite hit a record, led by materials, while tech stocks continued to draw attention. Celestica last reported Q1 revenue up 53% to $4.05 billion, driven by demand for AI data-center infrastructure.
25 May 2026
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CNQ drops even as TSX heads higher in oil slide

CNQ drops even as TSX heads higher in oil slide

Canadian Natural Resources shares fell 3.16% to C$65.12 in Toronto on Monday, underperforming the S&P/TSX composite, which hit a record high. Oil prices dropped, with WTI crude down 5% to $91.75 a barrel, as traders watched U.S.-Iran talks. Energy stocks lagged, with Suncor and Cenovus also down. Canadian Natural reported Q1 adjusted net earnings of C$2.4 billion earlier this month.
25 May 2026
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HIVE Rises Ahead of Memorial Day Test

HIVE Rises Ahead of Memorial Day Test

HIVE Digital Technologies shares surged 51% on Nasdaq last week, closing Friday at $4.07 after announcing plans for a C$3.5 billion AI data center near Toronto. Cantor Fitzgerald raised its price target to $4.60. U.S. markets are closed Monday for Memorial Day; HIVE traded near C$5.78 on the Toronto Stock Exchange. The planned facility would use over 100,000 GPUs and is set to open in 2027.
25 May 2026
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Baytex Slips as Oil Sells Off 5% for 2026

Baytex Slips as Oil Sells Off 5% for 2026

Baytex Energy shares fell 3.7% to C$6.86 on the Toronto Stock Exchange Monday, tracking a 2.1% drop in the S&P/TSX energy sector as oil prices slumped. Brent crude lost 4.8% to $98.57 a barrel amid speculation of a U.S.-Iran deal reopening the Strait of Hormuz. U.S. markets were closed for Memorial Day, leaving Baytex trading only in Toronto. The stock is down 6% in four weeks but up 200% over the past year.
25 May 2026
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Wendy’s turnaround now extends beyond burger discounts

Wendy’s turnaround now extends beyond burger discounts

Wendy’s U.S. same-restaurant sales fell 7.8% in Q1 after an 11.3% drop in Q4, prompting Zacks Research to lower its Q2 earnings forecast to 17 cents per share. Robert Wright took over as CEO on May 21 as the chain closed 164 U.S. stores and faces pressure from activist investor Nelson Peltz. Shares last traded at $7.81 before the Memorial Day market closure.
25 May 2026
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Keel Infrastructure Stock Is Jumping — Now Comes the AI Lease Test

Keel Infrastructure Stock Is Jumping — Now Comes the AI Lease Test

Keel Infrastructure’s Toronto-listed shares rose 6.94% to CA$7.09 on Monday, while its Nasdaq line remained closed for Memorial Day after ending Friday at $4.81, up 3.66%. Investors are watching Keel’s pivot from bitcoin mining to leasing power-backed data centers for AI. First-quarter revenue fell 23% to $37 million, with a $128 million loss from continuing operations. Keel reported $533 million in liquidity.
25 May 2026
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Blackstone’s $80 Billion Credit Fund Faces Another Liquidity Test

Blackstone’s $80 Billion Credit Fund Faces Another Liquidity Test

Blackstone Private Credit Fund is offering to repurchase up to 93.1 million shares, about 5% of its total, with the tender closing May 29. The $80 billion fund saw Q1 inflows drop to $1.9 billion and repurchase requests rise to $3.2 billion. Shares will be bought at net asset value as of June 30. Not all tendered shares may be accepted if offers exceed the cap.
25 May 2026
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Goodwill Store Opens in Sylacauga as Retailer Targets More Growth by 2026

Goodwill Store Opens in Sylacauga as Retailer Targets More Growth by 2026

Alabama Goodwill opened a new store and donation drive-through in Sylacauga on Thursday, drawing a large crowd. The group is expanding, with a Germantown, Maryland, location set for a soft opening May 26. Goodwill says rising demand for used goods is driving the push for more stores and donations. The Sylacauga site operates daily and supports job and education programs.
25 May 2026
Air Canada Shares Gain After Oil Declines, Labour Talks Update

Air Canada Shares Gain After Oil Declines, Labour Talks Update

Air Canada shares climbed nearly 3% Monday in Toronto, buoyed by falling oil prices and a tentative labor deal covering 6,000 Unifor members. The stock traded near C$20.90 after closing at C$20.30 Friday. The S&P/TSX composite hit a record intraday high as oil dropped about 5% following reports of U.S.-Iran peace talks. Air Canada last month withdrew its 2026 outlook, citing jet-fuel volatility.
25 May 2026
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BlackBerry Rallies 19%; Quiet Holiday Week Could Test QNX Momentum

BlackBerry Surges, Eyes on Tuesday for Next Move

BlackBerry’s Toronto shares hit a 52-week high Monday, trading at C$11.47 before settling at C$11.37. U.S. shares remain frozen at $7.91 with the NYSE closed for Memorial Day. The stock jumped 28% last week after strong Q4 results and a new record for QNX revenue. CIBC raised its price target to US$8.50, citing momentum in BlackBerry’s QNX and secure communications units.
25 May 2026
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LPKF Laser Stock Jumps Again, Order Book in Focus

LPKF Laser Stock Jumps Again, Order Book in Focus

LPKF Laser & Electronics SE shares surged 14.92% to 28.50 euros in delayed Xetra trading Monday, extending a five-day gain to 31%. The rally comes despite first-quarter revenue dropping to 17.1 million euros and EBIT losses widening to 6.9 million euros. CEO Klaus Fiedler recently bought shares, while analysts warn optimism over LPKF’s glass technology outpaces current orders. The company’s AGM is set for June 4 in Hanover.
25 May 2026
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Stock Market Today

  • Robinhood Shares Rise 16% on Cost Cuts and Surge in Trading Volumes
    June 20, 2026, 4:09 PM EDT. Robinhood Markets shares climbed approximately 16% from June 12 to June 20, closing at $108.15 as the company announced plans for a 10% workforce reduction aimed at tighter cost control. The restructuring includes an estimated $28 million charge for severance and benefits in Q2. The platform reported record average daily trading volumes (ADVs) in equities, options, and prediction markets - financial bets on yes-no outcomes with fixed payoffs. Robinhood's CEO Vlad Tenev described the business as stronger but called for a leaner operation. The firm ended May with 27.7 million funded accounts and $377 billion in assets, alongside rising equity notional trading and event contracts. The stock gains coincided with a broader rally in tech and high-growth sectors ahead of the Juneteenth holiday.

Latest articles

Robinhood Gains for Week as Layoffs, Trading Volumes Boost Shares

Robinhood Gains for Week as Layoffs, Trading Volumes Boost Shares

20 June 2026
Robinhood soared 16% in a holiday-shortened week after announcing a 10% workforce cut and $28 million in restructuring charges, as investors viewed the move as cost control amid record June trading volumes; risks remain from competition and potential disruption, according to SEC filings and Reuters.
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