Today: 20 March 2026
Browse Category

TSX:MDA.TO 19 January 2026

Morgan Stanley Upgrade Lifts MDA Space as 2026 Space-Tech Funding Forecast Rises

Morgan Stanley Upgrade Lifts MDA Space as 2026 Space-Tech Funding Forecast Rises

Private investment in space technology jumped 48% to $12.4 billion in 2025, Seraphim Space said, with further gains expected in 2026. MDA Space shares surged 14.5% after a Morgan Stanley upgrade, while Rocket Lab’s price target was raised to $105. Canadian stocks slipped 0.1% after U.S. tariff threats. MDA recently secured a U.S. Missile Defense Agency contract for its SHIELD program.

Stock Market Today

  • Natural Gas Prices Rally Amid Iran Strikes and Global Supply Concerns
    March 20, 2026, 1:14 AM EDT. Natural gas prices rose sharply on Thursday, with April Nymex futures closing up 3.3%. The surge followed a spike in European prices to a three-year high after Iran's attacks damaged 17% of Qatar's Ras Laffan LNG export capacity - the world's largest gas export plant. Repair work could take three to five years, tightening global supply. Despite the rally, U.S. natural gas inventories increased by 35 billion cubic feet last week, well above the five-year average decline, tempering gains. Weather forecasts showed mixed signals, with warmer trends in the western and southern U.S. but colder patterns in the east. Meanwhile, U.S. dry gas production rose 5.2% year-on-year, with electricity output also up 4.1% year-on-year, underlining demand growth. The closure of the Strait of Hormuz adds further strain on global gas supply, supporting prices.
Go toTop