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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

  • Congress Moves to Ban Campaign Funds Betting on Prediction Markets
    May 19, 2026, 9:35 AM EDT. Rep. Ritchie Torres has introduced legislation aiming to prohibit the use of campaign funds for betting on prediction markets-platforms where participants wager on the outcomes of future events. This move reflects growing concerns within Congress about the ethical implications and regulatory gaps surrounding these markets. Prediction markets have gained attention for their potential to forecast elections and other political outcomes but remain largely unregulated. The proposed ban would mark a significant step toward tightening control over campaign finance and gambling activities linked to political forecasting.

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Adobe Stock Rises Before the Open as AI Selloff Faces a Fresh Test

Adobe Stock Rises Before the Open as AI Selloff Faces a Fresh Test

19 May 2026
Adobe shares rose 2.14% to $261.10 in premarket trading Tuesday after closing Monday up 3.25%. The move came as S&P 500 and Nasdaq futures fell, with tech stocks under pressure. Adobe’s market value stood near $103.33 billion, well below last year’s high. The company recently approved a $25 billion stock buyback through 2030.
Wellgistics Health Doubles, WGRX Heads Into Key Test

Wellgistics Health Doubles, WGRX Heads Into Key Test

19 May 2026
Wellgistics Health shares fell 21.1% to $0.14 in premarket trading Tuesday after more than doubling Monday. The company delayed its quarterly report, withdrew proxy materials, and is reviewing potential strategic transactions. First-quarter results are due after the market closes. The moves follow a non-binding $15 million acquisition proposal for WellCare Today.
Roblox Stock Moves Up Early, Safety Issues Still Linger

Roblox Stock Moves Up Early, Safety Issues Still Linger

19 May 2026
Roblox shares traded at $47.41 in early New York hours Tuesday, extending gains after third-party data showed a week-over-week rise in concurrent users. Needham maintained its Buy rating and $60 target. The stock remains pressured by a lowered 2026 bookings outlook, tied to new safety and age-check measures. Roblox reported Q1 revenue of $1.4 billion and bookings of $1.7 billion.

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NextEra shares dip after $66.8B Dominion deal—What’s on traders’ radar now

NextEra shares dip after $66.8B Dominion deal—What’s on traders’ radar now

19 May 2026
NextEra Energy shares fell 4.6% to $89.04 late Monday after announcing a $66.8 billion stock-led merger with Dominion Energy, whose shares rose 9.4% to $67.56. The deal would create one of the world’s largest electric utilities, serving about 10 million customer accounts and owning 110 gigawatts of generation across four states.
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