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TSX Eyes Gains as Trump-Xi Summit Looms and Oil Steadies Near $95

Canadian Money Brief · Monday, May 11, 2026 Canadian equities are set for a cautious but constructive open this Monday as investors balance a packed macro calendar against an energy sector still reeling from one of its most volatile weeks in recent memory. TSX at a Glance The S&P/TSX Composite closed Friday at 34,077.76 , up 221 points (+0.65%) to cap a week dominated by whipsaw oil moves and a fragile Middle East ceasefire. The energy sector has led TSX gains over the past seven days — up roughly 5% — even as WTI crude fell about 7% on the week, settling near $95.42 per barrel . That apparent contradiction reflects Canadian producers' longer-term optimism on supply tightness rather than any single day's price swing. For the year, the TSX is up approximately 35%, outpacing most major global benchmarks. The Big Story: Trump Heads to Beijing All eyes this week will be on Washington and Beijing. President Donald Trump is scheduled to arrive in China on Wednesday , with formal ...
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Trump Shares AI-Generated Fake Taylor Swift Endorsement, Embraces New Campaign Tactics

Former President Donald Trump has once again sparked controversy by posting an AI-generated image falsely depicting pop star Taylor Swift endorsing him. This latest move highlights Trump's increasing use of AI technology in his political strategy, raising concerns about misinformation and the ethical implications of AI in politics.

The fake endorsement, which Trump shared on his social media platform, featured an image of Swift alongside a quote that was fabricated to suggest her support for the former president. The post quickly went viral, drawing criticism from Swift's fans and political commentators alike, who condemned the misleading content.

Trump's embrace of AI-generated images is not new. He has previously used similar tactics to push narratives that align with his political agenda. However, the use of a high-profile figure like Taylor Swift marks an escalation in his strategy, leveraging the reach and influence of celebrities to manipulate public perception.

The incident underscores the growing challenges posed by AI-generated content in the political arena. As technology continues to advance, the line between reality and fiction is becoming increasingly blurred, making it harder for the public to discern truth from fabrication. Critics argue that Trump's use of such tactics could further erode trust in the media and contribute to the spread of misinformation.

As the 2024 election approaches, Trump's use of AI-generated content is likely to become a focal point of debate, with implications for how candidates communicate with voters and the ethical boundaries of political campaigning in the digital age.

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