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5 Things to Know Today: Tech Earnings, Mortgage Rates, and the Tariff Countdown

  Thursday, July 30, 2026 Wall Street is still shaking off its worst session since April, oil is climbing again after an overnight missile strike, and two of the world's biggest companies report earnings tonight. Here's what matters for your wallet today. 1. Apple and Amazon report tonight — and your tech-heavy RRSP is watching Apple and Amazon both release earnings after today's closing bell, capping a brutal week for Big Tech results. Microsoft jumped after hours Wednesday on a strong revenue outlook, while Meta slid after its own sales forecast came in below what Wall Street wanted. Analysts expect Apple to post around US$1.89 a share and Amazon roughly US$1.82, with investors watching iPhone demand, AWS cloud growth, and — as with every megacap this earnings season — how much each company is committing to AI infrastructure spending. What it means for you: If your RRSP, TFSA, or workplace pension holds S&P 500 index funds, you almost certainly own both stocks. A big...
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Canadian Inflation Climbs to 1.9% in January as Core Measures Edge Higher

 

Canada’s annual inflation rate in January rose modestly to 1.9%, up slightly from December’s 1.8% . The increase was largely driven by a surge in energy prices—especially gasoline and natural gas—which counterbalanced the downward pressure on prices provided by the recent GST/HST tax break on select goods ; additional details were outlined by Statistics Canada.

Core inflation measures, which exclude the more volatile food and energy components, also recorded an uptick. Both the CPI-median and CPI-trim indexes climbed to 2.7%, indicating persistent underlying price pressures despite headline inflation staying near the Bank of Canada’s target range of 1–3%.

Analysts suggest that while the tax holiday helped ease food price inflation—leading to declines in some categories—the rebound in energy costs has nudged overall inflation upward. With the temporary tax break now ended, economists will be closely monitoring upcoming data to determine if this modest rise is a temporary anomaly or a sign of more entrenched inflationary pressures.

By keeping a keen eye on core inflation metrics, policymakers and market watchers alike are preparing for future monetary decisions aimed at keeping inflation in check as new data emerges.


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