Skip to main content

Featured

Israel and Lebanon Agree to 10‑Day Ceasefire as Trump Announces Breakthrough

  Israel and Lebanon Reach 10‑Day Ceasefire Following Trump Announcement Israel and Lebanon have agreed to a 10‑day ceasefire set to begin at 5 p.m. EST, according to U.S. President Donald Trump, who said the truce followed “excellent conversations” with Israeli Prime Minister Benjamin Netanyahu and Lebanese President Joseph Aoun.  The ceasefire comes after more than six weeks of intense fighting between Israel and Hezbollah, the Iran‑backed armed group operating in southern Lebanon. The conflict has resulted in over 2,000 deaths in Lebanon and displaced more than a million residents, while Israel has maintained a 10‑kilometre security zone in southern Lebanon. Trump stated that both leaders agreed to begin the truce to pursue peace, adding that he plans to invite them to the White House for the first direct talks between the two countries since 1983. Lebanese officials have welcomed the ceasefire, though Hezbollah has said its adherence depends on Israel halting all attacks....
Post a Comment
Read more

article

Labels

Celestica Powers TSX to Record High Amid Commodity Strength and Earnings Optimism

 

                                                                 Toronto Stock Exchange building

TSX Surges to Record High as Celestica Soars and Commodities Rally

The S&P/TSX Composite Index surged to a new all-time high of 27,539.88, buoyed by strong corporate earnings and rising commodity prices. The index gained 134.46 points, or 0.49%, continuing its bullish momentum despite mixed signals from global markets.

One of the standout performers was Celestica Inc. (TSX:CLS), which jumped 4.24% following the release of its impressive Q2 2025 earnings report. The Toronto-based tech firm posted $2.89 billion in revenue, a 21% increase year-over-year, and adjusted EPS of $1.39, beating analyst expectations. CEO Rob Mionis cited strong demand from cloud and connectivity customers and raised the company’s full-year revenue forecast to $11.55 billion, up from $10.85 billion.

Meanwhile, commodity prices lent further support to the resource-heavy TSX. Gains in energy and industrial sectors offset declines in mining and materials, which were pressured by falling gold prices. Top gainers included TFI International, Lightspeed Commerce, and Orla Mining, each rising over 4%.

Despite some volatility in global trade news and cautious investor sentiment ahead of central bank rate decisions, Canadian equities remain resilient. Investors are now watching closely for updates from the Bank of Canada and the U.S. Federal Reserve, both set to announce policy decisions later this week.


Labels:

Comments

Post a Comment