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Liberal Ranks Grow as Michael Ma Joins Carney’s Team

                      Markham-Unionville MP Michael Ma crossed the floor to join the Liberals on Thursday. In a dramatic political shift on Parliament Hill, Michael Ma, the Member of Parliament for Markham–Unionville, announced on December 11, 2025, that he is leaving the Conservative caucus to sit with the Liberals . His decision follows weeks of consultation with constituents and family, and comes on the heels of Nova Scotia MP Chris d’Entremont’s defection last month. Ma explained that his move was motivated by a desire for “unity and decisive action for Canada’s future.” He praised Prime Minister Mark Carney’s leadership, describing it as a steady and practical approach to tackling pressing issues such as affordability, economic growth, community safety, and opportunities for young families. The floor-crossing is politically significant: the Liberals now hold 171 seats, just one short of a majority in the House of...
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Wall Street Futures Surge as Nvidia Fuels AI Rally Ahead of Jobs Report

 

US stock futures climbed sharply on Thursday after Nvidia’s blockbuster earnings reignited confidence in the artificial intelligence trade, easing concerns of an AI bubble. The Nasdaq 100 led gains with futures up nearly 1.8%, while S&P 500 futures rose about 1.3% and Dow Jones futures added 0.7%.

Nvidia shares surged more than 5% in premarket trading after the chipmaker reported stronger-than-expected third-quarter results and issued a bullish revenue outlook for the fourth quarter. CEO Jensen Huang highlighted unprecedented demand for the company’s Blackwell processors, describing sales as “off the charts.” The upbeat forecast reassured investors that the recent cooling in AI-linked stocks was not a sign of long-term weakness.

The rally extended momentum from Wednesday, when the Dow and S&P 500 snapped a four-day losing streak. Other semiconductor stocks, including AMD, Micron, and Broadcom, also advanced in premarket trading, riding Nvidia’s wave of optimism.

However, investors remain cautious as attention shifts to the delayed September jobs report, expected to show around 50,000 new jobs. The data will be closely watched for clues on the Federal Reserve’s next policy moves, especially after recent minutes revealed divisions among policymakers on future rate decisions.

Despite fading hopes for a December interest-rate cut, the market’s focus on AI-driven growth has provided a strong tailwind. With Nvidia’s results setting the tone, Wall Street is bracing for a potentially volatile day as economic data and corporate earnings collide.

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