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Shopify Just Pushed the TSX to a Record — Should You Be Buying, or Is It Too Late?

  Published August 6, 2026 If you glanced at the markets on Wednesday and saw the TSX hit another record high, there's a good chance one company did most of the heavy lifting: Shopify. The S&P/TSX Composite closed up 344.83 points, or 1%, at 36,146.42 on August 5 — its second straight record close. Shopify shares jumped 16.5%, their biggest one-day move in a year, after the Ottawa-based e-commerce company beat earnings expectations and issued a stronger-than-expected outlook for the rest of the year. Gold miners added to the rally too, as bullion prices climbed. What It Means for You: If you own a Canadian equity index fund or ETF in your RRSP or TFSA, you almost certainly own a slice of this move already — whether you meant to or not. What actually happened Shopify reported second-quarter revenue of $3.58 billion (U.S.), up 34% from a year earlier and well ahead of the roughly $3.45 billion analysts expected. Adjusted earnings came in at $0.42 a share versus the $0.40 expecte...
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Hamas Rejects Israel’s Ceasefire Response, Sticks to Main Demands



The Palestinian Islamist group Hamas has firmly rejected an Israeli ceasefire proposal. In a statement issued on Saturday, Hamas conveyed its response to the proposal to mediators in Egypt and Qatar. The group remains steadfast in its core demands, which include:
  1. Permanent Ceasefire: Hamas insists on a lasting cessation of hostilities.
  2. Israeli Troop Withdrawal: The complete withdrawal of Israeli forces from the entire Gaza Strip.
  3. Return of Displaced Palestinians: Ensuring the safe return of displaced Palestinians to their original areas and places of residence.
  4. Humanitarian Aid and Reconstruction: Intensifying the entry of relief and aid and commencing the much-needed reconstruction efforts.

Hamas’s readiness to engage in a prisoners-for-hostages swap deal with Israel, involving the release of 133 hostages, underscores the gravity of the situation. However, Israel has already dismissed some of these demands as delusional.

As tensions persist, the region remains on edge, awaiting further developments in this protracted conflict. The stakes are high, and the delicate balance between peace and continued strife hangs in the balance.

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