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TSX:ARE 13 November 2025

Tariff Shock and Fed Jitters: Asian Markets Stumble as Rally Meets Reality

Canadian Stock Market Today: TSX Drops Over 400 Points as Tech Slumps and Dividend Cut Hits Utilities (November 13, 2025)

The S&P/TSX Composite Index fell 1.45% to about 30,381 in Toronto on Thursday, ending a four-day rally and erasing over 400 points from Wednesday’s record high. Technology and utilities stocks led the decline. Northland Power dropped more than 20% after cutting its dividend and reporting a wider loss. AtkinsRéalis rose around 4–5% after raising its nuclear outlook.
13 November 2025
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Stock Market Today

  • Rivian Shares Plunge 8.4% Despite Q1 Beat as Investors Worry About Cash Burn
    May 3, 2026, 12:00 AM EDT. Rivian Automotive's stock fell 8.41% to $15.02 after reporting better-than-expected first-quarter revenue and a 20% rise in deliveries. Despite the positive results, investors focused on ongoing cash burn concerns and the timeline to profitability. The company updated plans to ramp up production of its new R2 SUV, aiming for 300,000 units annually at its Georgia plant, with hopes for cost savings from a simpler bill of materials. Rivian's trading volume surged 78% above average, highlighting heightened investor scrutiny. Meanwhile, peers Tesla and Lucid Group both advanced over 2%, contrasting Rivian's slump. CEO R.J. Scaringe called the R2 "a game changer" with new autonomy tech arriving later this year. The stock has dropped 85% since its 2021 IPO, underscoring challenges in the electric vehicle market.

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

US Stock Market Today: Live Updates 03.05.2026

3 May 2026
Rivian shares fell 8.4% to $15.02 after first-quarter results beat expectations, as investors focused on cash burn and profitability concerns. Trading volume jumped 78% above average. The company plans to ramp up R2 SUV production in Georgia to 300,000 units annually. Tesla and Lucid Group shares both rose more than 2%.
Vertiv Stock Tests AI Data-Center Rally as VRT Shares Hit Fresh Highs

Vertiv Stock Tests AI Data-Center Rally as VRT Shares Hit Fresh Highs

3 May 2026
Vertiv shares hit a 52-week high Friday before closing at $328.31, following a 30% jump in Q1 net sales to $2.65 billion. The company raised its 2026 outlook and recently acquired Strategic Thermal Labs, expanding its liquid cooling portfolio. Investors await further details at Vertiv’s May 19-20 conference in South Carolina.
AT&T Inc. Raises $6 Billion as 5G and Fiber Bet Enters a Debt Test

AT&T Inc. Raises $6 Billion as 5G and Fiber Bet Enters a Debt Test

3 May 2026
AT&T closed a $6 billion sale of long-dated notes on April 30, with maturities ranging from 2033 to 2066, according to an SEC filing. The company reported first-quarter free cash flow of $2.5 billion, down from $3.1 billion a year earlier, citing higher capital investment. AT&T is preparing to close a $23 billion purchase of EchoStar spectrum licenses. CFO Pascal Desroches said net debt to adjusted EBITDA rose to 2.71 times.
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