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TSX:TVK 5 June 2026

TerraVest Shares Drop 30% After Chairman Allegations

TerraVest Shares Drop 30% After Chairman Allegations

TerraVest shares plunged over 30% to a 52-week low after the board launched a review into allegations that Executive Chairman Charles Pellerin shared privileged information before the EnTrans deal, with Quebec’s AMF suspecting C$6.8 million in illicit gains; no charges have been filed, but the governance shock triggered a sharp, high-volume selloff.
5 June 2026

Stock Market Today

  • Top TSX Renewable Energy Stocks to Benefit from Canada's $1 Trillion Energy Strategy
    June 5, 2026, 4:45 PM EDT. Canada's National Electricity Strategy, backed by a $1 trillion investment to double the electricity grid by 2050, shifts focus towards clean power and energy storage. Brookfield Renewable Partners (TSX:BEP.UN), owning a diverse global portfolio of hydro, wind, solar, and storage assets, posted Q1 2026 funds from operations of US$375 million, up 19%, with a 4.3% yield. Meanwhile, Northland Power (TSX:NPI), combining offshore wind, natural gas, and battery storage, reported revenue of $775 million and an 18% rise in EBITDA in Q1, reflecting strong growth potential tied to Canada's energy diversification. These companies position investors to capture long-term gains amid rising power demand driven by industrial growth and AI, despite risks from high capital costs and interest rates.

Latest articles

Azul claims cargo shipping time can drop from 10 days to 3 days

Azul claims cargo shipping time can drop from 10 days to 3 days

5 June 2026
Azul Logística has launched a dedicated Campinas–Porto Velho freighter route, slashing delivery times to Brazil’s North from over 10 days to as little as 3–4, as part of its post-bankruptcy push for “responsible growth”; investors should watch load factors and demand, as success hinges on filling new Airbus A321P2F flights amid fierce competition and infrastructure challenges.
Dow closes as strong jobs numbers snap string of records

Dow closes as strong jobs numbers snap string of records

5 June 2026
A blowout May jobs report sent the Dow plunging 1.3% to 50,880 and the Nasdaq nearly 4% as investors braced for tighter Fed policy, with chip stocks like Nvidia, Broadcom, and Micron leading an 8% drop in the semiconductor index, erasing hopes for rate cuts and triggering a broad tech selloff.
Nasdaq Falls After Unexpected Late Jobs Data

Nasdaq Falls After Unexpected Late Jobs Data

5 June 2026
U.S. stocks plunged Friday as a stronger-than-expected jobs report dashed hopes for Fed rate cuts, sending the Nasdaq down 3.07% and the Philadelphia semiconductor index tumbling 8.1%—its steepest drop since the tariff rout—while rate futures raised the odds of a December hike to 68.4% and Treasury yields surged.
Oil Falls as Peace Talks Raise Hopes, Traders Brace for What’s Next

Oil Falls as Peace Talks Raise Hopes, Traders Brace for What’s Next

5 June 2026
Oil prices tumbled Friday as traders saw less risk of U.S.-Iran conflict escalation, with Brent settling at $93.09 and WTI at $90.54, down 2.04% and 2.69% respectively, even as global oil inventories hit “unheard of” lows and analysts warn a prolonged disruption could trigger a second price shock if summer demand drains remaining stockpiles.
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