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Micron Ignites Global Rally as AI Investment Case Gets Its Biggest Endorsement of the Year

Markets across Asia and Europe surged overnight after Micron shattered earnings expectations. Now Wall Street — and Bay Street — open with tailwinds, but a critical U.S. inflation report hangs over the session. Global markets are riding a powerful wave of optimism on Thursday, June 25, 2026 — and one company is responsible for nearly all of it. Micron Technology's blockbuster fiscal third-quarter results, released after the close of U.S. markets on Wednesday, delivered the strongest possible signal that the artificial intelligence spending cycle is not slowing down. The results rippled across time zones, lifting Tokyo, Seoul, and European tech stocks before North American markets even opened. For Canadian investors watching the TSX, the session is setting up as a battle between renewed AI enthusiasm and the weight of a persistently troubled energy sector — with a crucial U.S. inflation report adding a layer of suspense just as the opening bell rings. 🍁 Canada — TSX The S&P/TSX...

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The stock market experienced a downturn today as futures for the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite slipped. This decline follows a brief rally fueled by the Federal Reserve's decision to hold interest rates steady. While the Fed's move initially reassured investors, concerns about inflation and slower economic growth have resurfaced, dampening market sentiment.

Futures linked to the Dow fell by 0.6%, while the S&P 500 and Nasdaq futures dropped by 0.7% and 0.9%, respectively. The Federal Reserve's updated projections, which indicate higher inflation and reduced economic growth, have raised doubts about the path to potential rate cuts later this year. These broader economic concerns have weighed heavily on investor confidence.


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