Today: 29 April 2026
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TSX:FFH 7 December 2025 - 9 January 2026

Fairfax Leads Race for IDBI Bank Stake Sale: December-End Bid Deadline Near as Kotak Stays in the Fray

Fairfax Leads Race for IDBI Bank Stake Sale: December-End Bid Deadline Near as Kotak Stays in the Fray

Fairfax Financial has emerged as the frontrunner to acquire a 60.72% stake in IDBI Bank from the Indian government and LIC, sources said. The stake, valued at nearly $7 billion, has also drawn a bid from Kotak Mahindra Bank. IDBI Bank shares rose 3.6% to ₹98.60 on December 12 after news of the narrowed field. The deadline for financial bids is set for late December, possibly extending into January.
12 December 2025
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S&P/TSX Composite Weekly Update: Canada’s Benchmark Near Record High as 2026 Outlook Brightens for World Indices (Dec. 7, 2025)

S&P/TSX Composite Weekly Update: Canada’s Benchmark Near Record High as 2026 Outlook Brightens for World Indices (Dec. 7, 2025)

The S&P/TSX Composite Index closed at 31,311 on Friday, down 166 points after hitting a record high Thursday. The index remains up over 20% year-to-date, boosted by gains in materials, financials, and energy. Friday’s drop followed profit-taking and sector rotation, with materials and technology leading declines. Canada reported a surprise gain of 53,600 jobs in November, lowering unemployment to a 16-month low.
7 December 2025
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Stock Market Today

  • VTI Falls 0.3% as PLTR Stock Declines Amid Heavy Insider Selling
    April 29, 2026, 2:24 PM EDT. VTI, the Vanguard Total Stock Market ETF, dropped 0.3% today, weighed down by a 3.4% decline in Palantir Technologies (PLTR) shares. Notable VTI holdings like Nvidia (-1.2%), Microsoft (-1.2%), and Apple (-0.8%) also contributed to losses. PLTR insiders have sold 227 times in six months without any purchases, including major sales by Peter Thiel and CEO Alexander Karp, signaling potential negative sentiment. Despite recent analyst buy ratings from Mizuho, Citigroup, and others, RBC Capital issued an underperform rating. Investors can monitor PLTR's insider activity and analyst outlook via Quiver Quantitative's dashboards. The median PLTR price target remains incomplete in reports, further highlighting investor uncertainty.

Latest article

Intel Stock Hits Record High as Google AI Chip Report Puts Foundry Turnaround in Play

Intel Stock Hits Record High as Google AI Chip Report Puts Foundry Turnaround in Play

29 April 2026
Intel shares surged 10% Wednesday after reports that Google may use Intel’s EMIB chip-packaging technology in its next AI processor. The stock hit $94.03 before settling at $93.23. Intel recently reported first-quarter revenue of $13.6 billion, up 7% year over year. CFO David Zinsner said some gains came from selling previously shelved chips.
McDonald’s New Refreshers and Dirty Sodas Raise Stakes in Fast-Food Drink Fight

McDonald’s New Refreshers and Dirty Sodas Raise Stakes in Fast-Food Drink Fight

29 April 2026
McDonald’s will launch six specialty drinks, including Refreshers and crafted sodas, in U.S. restaurants on May 6. The company is adding beverage specialists to handle the more complex preparation. The move follows the closure of its CosMc’s beverage pilot and comes as fast-food chains compete for afternoon customers and higher-margin sales.
Gold Price Today: Why Bullion Just Fell for a Third Day as the Fed and Iran War Shake Markets

Gold Price Today: Why Bullion Just Fell for a Third Day as the Fed and Iran War Shake Markets

29 April 2026
Gold settled 1.02% lower at $4,545.20 an ounce Wednesday, its lowest since March 30, as traders weighed Federal Reserve rate policy and inflation risks from the Iran war. Spot gold touched a one-month low, while silver, platinum, and palladium also fell. Brent crude neared $119 a barrel and Treasury yields rose. The World Gold Council reported Q1 global gold demand up 2% year-on-year to 1,231 tonnes.
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