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TSX:TRI.TO 3 February 2026

Thomson Reuters stock tumbles after National Bank target cut, as AI fears hit legal-data peers

Thomson Reuters stock tumbles after National Bank target cut, as AI fears hit legal-data peers

Thomson Reuters shares fell 15.8% in Toronto Tuesday after National Bankshares cut its price target from C$300 to C$190, though it kept an outperform rating. The stock hit a 12-month low at C$124.13 before rebounding slightly. Sector peers RELX and Wolters Kluwer also dropped sharply as investors sold off AI-linked software and data stocks. Elevated trading volume followed ahead of Thomson Reuters’ Feb. 5 earnings report.
3 February 2026
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Stock Market Today

  • Wall Street Challenges ASX for Leadership in Critical Minerals Sector
    April 6, 2026, 3:33 PM EDT. Wall Street is emerging as a major rival to the Australian Securities Exchange (ASX) in listing speculative mining companies, particularly in the critical minerals sector. This shift is driven by increased financial backing from the U.S. government, which is prioritizing critical minerals-such as rare earth elements essential for semiconductors and defense technology-in its efforts to secure supply chains amid geopolitical tensions with China. The ASX, long recognized for supporting mining ventures with its deep investor pools and local expertise, now faces competition as U.S. policies boost demand for American-listed critical minerals plays. This development signals a significant realignment in global mining finance and underscores the growing strategic importance of critical minerals.
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