Air Canada (TSX:AC) bumps up against analyst targets amid CEO search talk, low TSX activity

Air Canada inched up in Toronto Friday. Shares hovered near a one-year high, sitting above the average analyst target. Volume was still thin.

Air Canada’s $296 million Q4 profit: overseas corporate travel jumps, 2026 outlook tops estimates

Air Canada’s $296 million Q4 profit: overseas corporate travel jumps, 2026 outlook tops estimates

Air Canada posted a C$296 million profit for the quarter, snapping back into the black and leaning on international and premium travel. The airline now sees 2026 core profit landing just above what Wall Street had penciled in, though management noted some softness on select U.S.-Canada routes. For this year, Air Canada put its adjusted EBITDA between C$3.35 billion and C$3.75 billion. That’s a range bracketing analyst expectations, which average roughly C$3.5 billion. Capacity growth is pegged at 3.5% to 5.5%.
14 February 2026
Markets Shaken, AI Valuations Soar, Oil Slumps: What You Missed in Business This Weekend

Markets Shaken, AI Valuations Soar, Oil Slumps: What You Missed in Business This Weekend

Global markets were on edge amid shifting geopolitics and central bank jitters. A high-stakes summit between U.S. President Donald Trump and Russia’s Vladimir Putin ended without a Ukraine ceasefire, and Trump signaled a push for a “rapid peace deal” that Kyiv should accept reuters.com. European leaders scrambled to back Ukraine as fears grew that Washington might soften its support in favor of Arctic oil deals with Moscow reuters.com reuters.com. “The mood seems to favour Russia following Friday’s summit,” observed Aegon asset manager Jeff Grills, noting a rally in Ukraine’s bonds had stalled at ~$0.55 on the dollar reuters.com. Investors now expect Europe to boost defense spending, and Bank of America warned a U.S.-Russia energy détente could unleash a “deep” bear market in oil and gas reuters.com.

US Stock Market Today Updates

AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 Strong buy

Alphabet

NASDAQ:GOOGL 92/100 • ★★★★½
#2 Strong buy

Taiwan Semiconductor Manufacturing

NYSE:TSM 89/100 • ★★★★½
#3 Buy

S&P Global

NYSE:SPGI 88/100 • ★★★★
#4 Buy on weakness

Amazon

NASDAQ:AMZN 86/100 • ★★★★
#5 Buy on weakness

Microsoft

NASDAQ:MSFT 84/100 • ★★★★
View full portfolio
Editorial model selection. Not personalised advice.
MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Chicago Fed National Activity Index

A surprise around the 0.10 forecast could shift the morning growth narrative and influence Treasury yields and the dollar before the opening bell.

#2

PDD Holdings earnings

The day’s largest scheduled equity report can move PDD and the broader China-internet / e-commerce complex through revenue growth, margins and Temu commentary.

#3

XPeng earnings

Deliveries, margin progression and spending on AI-enabled mobility can affect U.S.-traded Chinese EV names and related technology suppliers.

View full calendar
Times and estimates may change. Verify before trading.