Today: 19 June 2026

Scotiabank Touches 52-Week High as Earnings Loom

Scotiabank Touches 52-Week High as Earnings Loom

Bank of Nova Scotia stock hit a 52-week high of C$111.35 in Toronto on Monday, closing up 0.5% at C$110.83. The bank is set to report fiscal Q2 results before markets open May 27, with analysts expecting EPS of C$1.94. U.S. trading was paused due to Memorial Day. Scotiabank’s dividend yield stood near 4% in Monday’s session.
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
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
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
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.
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.
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.
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.
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
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.
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.

Stock Market Today

  • Stocks Reach Record Highs in Japan and South Korea as Dollar Strengthens on Fed Boost
    June 19, 2026, 12:01 AM EDT. Shares in Japan and South Korea hit record highs on Friday. The reopening of the Strait of Hormuz eased Middle East tensions, contributing to lower oil prices and reduced inflation worries. This environment supported the equity markets in the region. Meanwhile, the U.S. dollar gained strength following signals from the Federal Reserve. Lower oil prices and a robust dollar helped calm investor fears, driving gains in Asian stocks.

Latest articles

Kardigan pops in first Nasdaq trading after $400 million IPO

Kardigan pops in first Nasdaq trading after $400 million IPO

19 June 2026
Kardigan surged 37.5% above its $16 IPO price to close at $22 after raising $400 million in an upsized Nasdaq debut, signaling renewed investor appetite for large biotech IPOs as the company advances three late-stage cardiovascular drug candidates.
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