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TSXV:KRKN 25 May 2026

Kraken Robotics Gains 9% on Covelya Deal Chatter

Kraken Robotics Gains 9% on Covelya Deal Chatter

Kraken Robotics shares rose 8.9% to C$7.94 on the TSX Venture Exchange by midday Monday, rebounding after a 4.95% drop Friday. Trading volume reached about 576,260 shares. No new company statement was released; investors await updates on Kraken’s pending C$615 million Covelya acquisition, expected to close in the second quarter. Canadian markets remained open while U.S. exchanges closed for Memorial Day.
25 May 2026
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Stock Market Today

  • Australia Shares Rise on Gulf Peace Deal, Reserve Bank Rate Pause Expected
    June 14, 2026, 9:55 PM EDT. Australian shares rose 1.4% to 8,928, their highest in over seven weeks, driven by a U.S.-Iran interim peace accord that eased inflation concerns and reduced expectations for further interest rate hikes. The Reserve Bank of Australia is widely expected to maintain current cash rates after three increases earlier this year. Gains were broad, led by non-energy minerals, industrial services, consumer stocks, and financials. Key gainers included BHP Group up 3.5%, Evolution Mining 8.3%, Sigma Healthcare 7.6%, and Northern Star Resources 5.7%. Four major banks advanced between 0.9% and 2%. Investors remain cautious ahead of China's May activity data, focusing on industrial output, retail sales, and unemployment from Australia's top trading partner.

Latest articles

Dow Futures Tick Up, Oil Drops After U.S.-Iran Deal, SpaceX IPO in Focus

Dow Futures Tick Up, Oil Drops After U.S.-Iran Deal, SpaceX IPO in Focus

15 June 2026
Dow, S&P 500, and Nasdaq futures rose Sunday evening after reports of a U.S.-Iran peace deal that would reopen the Strait of Hormuz, sending oil prices down over 4% as traders anticipated resumed energy shipments; SpaceX shares surged 19.2% in their Nasdaq debut, closing at $160.95 and pushing market cap above $2 trillion, while investors await confirmation of the deal and details on shipping normalization.
Asia Opens June 16 as Oil Gains, BOJ and Fed Moves Loom

Asia Opens June 16 as Oil Gains, BOJ and Fed Moves Loom

15 June 2026
Brent crude plunged 4.02% to $83.82 and WTI fell 4.63% to $80.95 after the U.S. and Iran reached a deal to halt the war and reopen the Strait of Hormuz, easing inflation pressure and lifting profit expectations for Asian equities, but execution risks remain with the deal’s terms incomplete and potential for oil to rebound if tensions flare. (Reuters)
Fed, Oil Prices, and SpaceX Draw Attention Prior to Tuesday’s Open

Fed, Oil Prices, and SpaceX Draw Attention Prior to Tuesday’s Open

15 June 2026
U.S. stocks face key risks as investors await the June 16–17 Fed meeting, with inflation at 4.2% and Brent crude at $86.80; the U.S.-Iran deal could lower oil prices and ease inflation, but uncertainty over terms and Fed policy keeps markets volatile, while SpaceX’s 19.2% Nasdaq debut signals strong demand for AI-linked growth stocks. (Reuters)
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