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NASDAQ:SUUN 17 November 2025

PowerBank (SUUN) Returns to Profitability: Q1 2026 Earnings, AI Deal and Stock Reaction on 17 November 2025

PowerBank (SUUN) Returns to Profitability: Q1 2026 Earnings, AI Deal and Stock Reaction on 17 November 2025

PowerBank Corporation reported a net profit of CAD 1.01 million for Q1 fiscal 2026, reversing a CAD 26.49 million loss a year earlier. Revenue rose to CAD 19.15 million, driven by the operational launch of the Geddes solar project in New York and new development fee income. Gross profit more than doubled to CAD 8.54 million. Earnings per share swung to CAD 0.03 from a loss of CAD 0.87.

Stock Market Today

  • US Threatens Strait of Hormuz Blockade, Oil Surges Past $100, Indian Markets Brace for Drop
    April 13, 2026, 12:03 AM EDT. Global markets opened cautiously amid escalating tensions in the Middle East. The US Dow Jones fell 0.6% as nuclear talks with Iran collapsed. Washington demands concessions; Tehran seeks ceasefire, reparations, and control over the strategic Strait of Hormuz. The US signals a possible naval blockade. Oil prices surged over 7%, topping $100 per barrel, reflecting risks to supply. Safe-haven metals performed unevenly; gold slipped while silver fell sharply. US 10-year bond yields climbed towards 4.35%, intensifying risk-off sentiment. Asian equities followed suit with weaker starts, and India's GIFT Nifty futures point to a gap-down opening despite a strong Friday. Market participants brace for heightened volatility amid geopolitical uncertainty.

Latest article

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 13.04.2026

13 April 2026
LIVEMarkets rolling coverageStarted: April 13, 2026, 12:00 AM EDTUpdated: April 13, 2026, 12:03 AM EDT US Threatens Strait of Hormuz Blockade, Oil Surges Past $100, Indian Markets Brace for Drop April 13, 2026, 12:03 AM EDT. **Global markets** opened cautiously amid escalating tensions in the **Middle East**. The **US Dow Jones** fell 0.6% as **nuclear talks** with Iran collapsed. Washington demands concessions; Tehran seeks ceasefire, reparations, and control over the strategic **Strait of Hormuz**. The US signals a possible naval blockade. Oil prices surged over 7%, topping $100 per barrel, reflecting risks to supply. Safe-haven metals performed unevenly; **gold slipped**
Bitcoin Price Today Slips After Iran Talks End Without Deal, but ETF Buyers Keep Showing Up

Bitcoin Price Today Slips After Iran Talks End Without Deal, but ETF Buyers Keep Showing Up

12 April 2026
Bitcoin fell 1.4% to $71,707 on Sunday after U.S.-Iran talks in Islamabad ended without a deal. Spot bitcoin ETFs logged net inflows last week, with BlackRock and Fidelity leading Friday’s buying. Morgan Stanley launched its MSBT fund on April 8, the first Wall Street bank to debut a bitcoin ETF. U.S. inflation data showed headline CPI up 3.3% in March, while core CPI rose 2.6%.
XRP Price Today: XRP Slips to $1.33 After Failed U.S.-Iran Talks Hit Crypto

XRP Price Today: XRP Slips to $1.33 After Failed U.S.-Iran Talks Hit Crypto

12 April 2026
XRP slipped about 1% to $1.33 on Sunday after U.S.-Iran peace talks in Islamabad ended without a deal, pressuring crypto markets. The token traded in a narrow range, with bitcoin and ether also weaker. XRP’s market cap stands at $81.7 billion, with $1.96 billion in daily volume. The token remains 63.5% below its all-time high.
Gold Price Today: Bullion Near $4,762 After Weekly Gain, but Failed Iran Talks Cloud Outlook

Gold Price Today: Bullion Near $4,762 After Weekly Gain, but Failed Iran Talks Cloud Outlook

12 April 2026
Spot gold steadied at $4,761.79 an ounce Friday after a third weekly gain, with U.S. futures at $4,787.40. The dollar posted its biggest weekly drop since January, making gold cheaper for non-U.S. buyers. U.S.-Iran talks ended without a deal, keeping geopolitical risks high. China’s central bank increased gold reserves for a 17th month, reaching 74.38 million ounces.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 12.04.2026

12 April 2026
Futu Holdings (FUTU) rose 10.2% in the past week but trades 13.4% below its January level. Shares closed at $154.50, while analysts estimate intrinsic value at $245.48. The company posted a 92.2% return over 12 months. Valuation models indicate earnings exceed risk costs, supporting long-term growth projections.
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