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Market Cools as Nvidia’s Blowout Earnings Fail to Ignite Futures

  U.S. stock futures were mixed Thursday morning as investors digested Nvidia’s latest blockbuster earnings—results that impressed on paper but didn’t translate into broad market enthusiasm. Dow futures edged slightly higher, while S&P 500 and Nasdaq futures hovered near the flatline, reflecting a cautious mood across Wall Street. Nvidia delivered strong beats on quarterly revenue and profit, along with guidance that topped expectations. Despite the stellar numbers, the stock’s initial surge faded as traders questioned whether the AI boom can continue delivering outsized returns. Shares ultimately pared gains to under 1% in early trading. The broader market’s hesitation stems from growing concerns about the sustainability of heavy AI investment. Salesforce’s weaker outlook added to the uncertainty, dragging software shares and reinforcing fears that not all tech giants will benefit equally from the AI wave. Meanwhile, geopolitical tensions—including renewed U.S.–Iran nuclea...
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Ontario to Implement 25% Energy Surcharge on U.S. Amid Trade Tensions


Ontario Premier Doug Ford has announced that the province will impose a 25% surcharge on electricity exports to the United States starting Monday. This move comes as a response to U.S. President Donald Trump's recent tariffs on Canadian goods, despite a 30-day pause on tariffs for certain sectors.

The surcharge will affect electricity supplied to three U.S. states—New York, Michigan, and Minnesota—impacting approximately 1.5 million homes and businesses. Premier Ford emphasized that this decision was not taken lightly but is necessary to counteract the economic strain caused by the U.S. tariffs. He also hinted at the possibility of further measures, including restricting electricity exports entirely if the tariffs persist.

The trade dispute has escalated tensions between the two nations, with Canada also implementing retaliatory tariffs on American products. Both Ford and Prime Minister Justin Trudeau have expressed their commitment to defending Canadian interests while urging the U.S. to reconsider its stance.

The surcharge highlights the growing economic and political challenges in the cross-border relationship, as both sides navigate the complexities of trade and energy policies.

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