- Fitch Ratings: Maintains its 2026 Brent crude price forecast at $87 per barrel, with current risks having shifted to the downside. The oil market is expected to return to oversupply from September. The Brent crude price is projected to fall to $70 per barrel in Q4 2026. The increase in shipments through the Strait of Hormuz in June is sufficient to offset the impact of an additional two months of supply disruption. Output in the Middle East is expected to recover quickly once hostilities ease.
- Fitch Ratings' Brent crude oil price scenario has already factored in the assumption of significant supply disruptions.
- ConocoPhillips (COP.US): The expected potential delay in the start-up of the Qatar LNG project will not have a significant impact on free cash flow.
- Oman-Iran plan blocks US, Israeli ships as Hormuz risks rise
- Nvidia is considering a radical move to address shortages of high-end high-bandwidth memory chips: using a lower-than-planned memory configuration on its next-generation graphics processor, Rubin Ultra. According to sources familiar with the matter, over the past few weeks Nvidia has tested at least three versions of the Rubin Ultra graphics card, with some versions featuring less memory than originally announced. Nvidia's consideration of lower-memory versions is partly due to the possibility
- ConocoPhillips (COP.US): Capital expenditure on the Willow project is expected to decline, especially after the project comes online ahead of schedule in early 2029.
- ConocoPhillips expects that if delays occur in the Qatar LNG project, the construction postponement will likely last only a few months rather than a whole year.
- ConocoPhillips (COP.US): If delays occur in the Qatar LNG project, the postponement is likely to be measured in months rather than a year.
- Uniswap ranks as top DEX for stablecoin trading ahead of Arc launch
- NASDAQ TRADE HALT CONTINUES <SUGP.O> VOLATILITY TRADING PAUSE AT 12:33 PM
- NASDAQ TRADE HALT <WYHG.O> VOLATILITY TRADING PAUSE AT 12:33 PM
- Mavshack registers rights issue with Swedish Companies Registration Office
- HF Sinclair plans spin-off of Lubricants & Specialties unit into separate public company
- FVCBankcorp Q2 FY26 net income climbs 45% to $8.2 million; revenue rises 32% to $21.3 million
- OFG Bancorp Q2 FY26 EPS rises 20.9% to $1.39
- VBARE Iberian Properties announces extraordinary shareholder meeting
- Dow Jones 12:30 PM Averages
- Dream Industrial REIT Price Target Raised to C$16.00/Share From C$15.50 by TD
- Shopify Inc. Price Target Is Maintained at $165.00/Share by BMO
- Shopify Inc. Is Maintained at Outperform by National Bank
- K-Bro Linen Inc. Price Target Raised to C$55.00/Share From C$50.00 by ATB Cormark
- Shopify Inc. Is Maintained at Buy by TD
- Shopify Inc. Price Target Raised to $180.00/Share From $155.00 by National Bank
- Sprott Inc. Price Target Cut to C$183.00/Share From C$230.00 by Canaccord Genuity
- Stack Capital Group Inc. Price Target Cut to C$23.75/Share From C$28.50 by Raymond James
- Westshore Terminals Investment Corp. Price Target Raised to C$44.00/Share From C$42.00 by RBC Capital
- WSP Global Inc. Is Maintained at Outperform by BMO
- Canadian Tire Corp. Ltd. Is Maintained at Sector Perform by National Bank
- Sienna Senior Living Inc. Is Maintained at Outperform by ATB Cormark
- Canada Packers Inc. Price Target Cut to C$21.50/Share From C$24.00 by Ventum
- G Mining Ventures Is Maintained at Buy by TD
- Brookfield Asset Management Ltd. Price Target Raised to $59.00/Share From $57.00 by Scotia
- RioCan REIT Is Maintained at Buy by Desjardins Securities
- Manulife Financial Corp. Price Target Raised to C$67.00/Share From C$65.00 by TD
- Stack Capital Group Inc. Is Maintained at Outperform by Raymond James
- RioCan REIT Price Target Raised to C$25.00/Share From C$24.00 by Desjardins Securities
- WSP Global Inc. Price Target Raised to C$280.00/Share From C$272.00 by BMO
- IA Financial Corp. Price Target Raised to C$223.00/Share From C$198.52 by Scotia
- Sienna Senior Living Inc. Price Target Raised to C$27.00/Share From C$26.00 by ATB Cormark
- Ballard Power Systems Inc. Is Maintained at Sector Perform by National Bank
- G Mining Ventures Price Target Raised to C$68.00/Share From C$65.00 by TD
- RioCan REIT Is Maintained at Hold by Canaccord Genuity
- Rockpoint Gas Storage Inc. Price Target Cut to C$34.00/Share From C$35.00 by National Bank
- Suncor Energy Inc. Is Maintained at Outperform by Raymond James
- Shopify Inc. Is Maintained at Equal-Weight by Barclays
- Canada Packers Inc. Is Maintained at Market Perform by BMO
- Doman Building Materials Group Ltd. Price Target Raised to C$12.50/Share From C$12.00 by Raymond James
- RioCan REIT Is Maintained at Sector Perform by Scotia
- Rockpoint Gas Storage Inc. Is Maintained at Outperform by National Bank
- Shopify Inc. Is Maintained at Buy by DA Davidson
- Dream Industrial REIT Price Target Raised to C$16.50/Share From C$15.50 by Canaccord Genuity
- Westshore Terminals Investment Corp. Is Maintained at Outperform by RBC Capital
- IA Financial Corp. Is Maintained at Sector Perform by Scotia
- Canadian Tire Corp. Ltd. Price Target Raised to C$210.00/Share From C$205.00 by National Bank
- Ballard Power Systems Inc. Price Target Cut to C$4.50/Share From C$4.75 by National Bank
- Canada Packers Inc. Is Maintained at Buy by Ventum
- RioCan REIT Price Target Raised to C$22.50/Share From C$21.50 by Canaccord Genuity
- Brookfield Asset Management Ltd. Is Maintained at Sector Outperform by Scotia
- Shopify Inc. Price Target Raised to $200.00/Share From $140.00 by DA Davidson
- Manulife Financial Corp. Is Maintained at Buy by TD
- RioCan REIT Price Target Raised to C$22.50/Share From C$22.25 by Scotia
- Dream Industrial REIT Price Target Raised to C$16.00/Share From C$15.50 by Desjardins Securities
- Canada Packers Inc. Price Target Cut to C$19.00/Share From C$21.00 by BMO
- Shopify Inc. Is Maintained at Outperform by BMO
- Suncor Energy Inc. Price Target Raised to C$109.00/Share From C$103.00 by Raymond James
- K-Bro Linen Inc. Is Maintained at Outperform by Raymond James
- K-Bro Linen Inc. Price Target Raised to C$54.00/Share From C$50.00 by Raymond James
- Shopify Inc. Is Maintained at Outperform by Evercore ISI
- Shopify Inc. Price Target Raised to $180.00/Share From $170.00 by RBC Capital
- Rockpoint Gas Storage, Inc. Is Maintained at Hold by TD
- Thomson Reuters Corp. Is Maintained at Buy by Canaccord Genuity
- Chorus Aviation Inc. Is Maintained at Outperform by BMO
- Chorus Aviation Inc. Price Target Raised to C$32.00/Share From C$28.00 by BMO
- Thomson Reuters Corp. Is Maintained at Buy by TD
- IA Financial Corp. Is Maintained at Hold by Desjardins Securities
- Thomson Reuters Corp. Price Target Raised to C$200.00/Share From C$185.00 by TD
- Dream Industrial REIT Is Maintained at Buy by Desjardins Securities
- Doman Building Materials Group Ltd. Is Maintained at Outperform by Raymond James
- Dream Industrial REIT Is Maintained at Buy by Canaccord Genuity
- Shopify Inc. Price Target Raised to $145.00/Share From $126.00 by Barclays
- IA Financial Corporation Inc Price Target Raised to C$220.00/Share From C$208.00 by CIBC World Markets
- Shopify Inc. Price Target Raised to $175.00/Share From $135.00 by Evercore ISI
- Shopify Inc. Is Maintained at Outperform by RBC Capital
- Brookfield Asset Management Ltd. Price Target Raised to $70.00/Share From $69.00 by National Bank
- Rockpoint Gas Storage, Inc. Price Target Cut to C$28.00/Share From C$32.00 by TD
- Thomson Reuters Corp. Price Target Cut to $132.50/Share From $134.00 by Canaccord Genuity
- Sienna Senior Living Inc. Price Target Raised to C$28.50/Share From C$27.50 by National Bank
- Sienna Senior Living Inc. Is Maintained at Outperform by National Bank
- Chorus Aviation Inc. Price Target Raised to C$34.00/Share From C$33.00 by TD
- IA Financial Corp. Price Target Raised to C$220.00/Share From C$205.00 by Desjardins Securities
- Chorus Aviation Inc. Is Maintained at Buy by TD
- Shopify Inc. Is Maintained at Outperform by ATB Cormark
- K-Bro Linen Inc. Is Maintained at Buy by Stifel
- Sprott Inc. Is Maintained at Hold by TD
- Thomson Reuters Corp. Is Maintained at Outperform by National Bank
- Shopify Inc. Is Maintained at Neutral by Cantor Fitzgerald
- K-Bro Linen Inc. Is Maintained at Outperform by ATB Cormark
- Shopify Inc. Price Target Raised to C$175.00/Share From C$159.00 by TD
- Dream Industrial REIT Is Maintained at Buy by TD
- Sprott Inc. Is Maintained at Buy by Canaccord Genuity
