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Tech Stocks Lift Futures Ahead of Nvidia’s Earnings

U.S. stock futures edged higher as investors positioned themselves for one of the most closely watched earnings reports of the season: Nvidia’s. The Dow Jones Industrial Average, S&P 500, and Nasdaq 100 futures all posted early gains, reflecting renewed optimism in the tech sector. Market Mood Brightens Futures tied to the Dow showed modest strength, supported by cyclical stocks. The S&P 500 and Nasdaq futures climbed as traders bet on continued momentum in artificial intelligence–driven companies. Nvidia’s upcoming earnings report is widely expected to influence the broader market, given the company’s outsized role in the AI boom. Why Nvidia Matters Today Nvidia has become a bellwether for tech sentiment. Its performance often sets the tone for semiconductor stocks and, increasingly, the entire market. Investors are watching for: AI chip demand updates Revenue growth tied to data centers Forward guidance that could sway market direction A strong report could ...

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Canada Post Temporarily Lays Off Striking Workers Amid Ongoing Strike

The Canadian Union of Postal Workers (CUPW) has reported that Canada Post has begun temporarily laying off striking workers as the nationwide strike by over 55,000 postal workers reaches its two-week mark. The union has condemned the move, calling it a "scare tactic" and is currently investigating the situation.

Canada Post has confirmed the temporary layoffs, stating that the ongoing strike has significantly impacted its operations. According to a Canada Post spokesperson, the layoffs are in accordance with the Canada Labour Code, which allows for changes in employment conditions during a strike. The union, however, argues that this action violates the code's provisions against employer interference during legally-protected job actions.

The union has urged its members not to panic and has committed to addressing this significant escalation in the labour dispute. Meanwhile, Canada Post has emphasized its commitment to negotiating new collective agreements and ensuring the future sustainability of its operations.

The situation remains tense as both parties navigate the complexities of the ongoing strike and its implications for workers and the postal service.




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