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Baystreet.ca - Canada’s Unemployment Rate Falls To 6.9%
Canada’s unemployment rate dipped to 6.9% in June as the labour market added a net 83,000 jobs during the month. Both the number of new jobs and unemployment rate in June surprised to the upside, topping the consensus expectations of economists. A ...
Baystreet.ca - Potential AI-Driven and Quantum Attacks Skyrocket—These Future-Ready Platforms Aim to Stop Them
Issued on behalf of Scope Technologies Corp. VANCOUVER – Baystreet.ca News Commentary – Computing power is racing ahead faster than ever, and the danger to our data is rising with it. In Germany, 74% of firms in the 2025 Data Threat ...
Baystreet.ca - JPMorgan CEO Warns Of Market Complacency And Inflation Risks
During a trip to Ireland, JPMorgan Chase (JPM) Chief Executive Officer Jamie Dimon warned of market complacency and looming inflation risks. Speaking to Ireland’s Department of Foreign Affairs, Dimon, who leads the world’s largest commercial bank, ...
Baystreet.ca - Levi Strauss’ Financial Results Beat On Top And Bottom Lines
The stock of Levi Strauss (LEVI) is up 7% after the clothing retailer known for its blue jeans reported financial results that beat Wall Street forecasts and raised its forward guidance. San Francisco-based Levi Strauss reported earnings per share ...
Baystreet.ca - Russia Boosts Military Presence in Armenia
Amid escalating tension with Armenia stemming from Yerevan’s desire to pivot westward, and lacking the ability to offer economic incentives, Russia is resorting to a traditional tactic to get its way: throw troops at the problem. A memo purportedly ...
Baystreet.ca - Stocks Dip as Canada Hit with Heavy Tariffs
Futures linked to Canada's main stock index fell on Friday as U.S. President Donald Trump ramped up his tariff assault on this country. The TSX Composite Index gained 109.98 points to close Thursday at 27,082.30 September futures tumbled 0.6% ...
Baystreet.ca - ZenaTech Zooms on Hegseth Directive
ZenaTech, Inc. (NASDAQ: ZENA), a business technology solution provider specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, today reacts to the July 10, 2025 new policy directive ...
Baystreet.ca - Stocks Crater After Trump Drops Tariff Bomb
Toronto's benchmark index fell on Friday as U.S. President Donald Trump ramped up his tariff assault on Canada, while investors assessed better-than-expected domestic employment data for June. The TSX Composite Index lost 76.98 points to stop for ...
Baystreet.ca - Markets Demur as Trump Wields Tariffs
Toronto's benchmark index fell on Friday as U.S. President Donald Trump ramped up his tariff assault on Canada, while investors assessed better-than-expected domestic employment data for June. The TSX Composite Index lost 76.98 points to stop for ...
Baystreet.ca - The U.S. Department of Defense Just Created a Sky-High Opportunity for Drone Stocks
Over the last few days, drones have seen considerable attention from the Trump Administration, creating sky-high opportunity for ZenaTech (NASDAQ: ZENA), AeroVironment (NASDAQ: AVAV), Leonardo DRS Inc. (NASDAQ: DRS), L3Harris Technologies (NYSE: LHX) ...
Baystreet.ca - National Beverage Dips Despite Link with WNBA
LaCroix Sparkling Water by National Beverage Corp. (NASDAQ: FIZZ) today announced a new partnership with the Dallas Wings Women's National Basketball Association (WNBA) team. The partnership includes prominent placement of the LaCroix logo on the ...
Baystreet.ca - Trump Slaps Tariffs on Canada, Shares Dwindle
Toronto's main stock index opened lower on Friday as U.S. President Donald Trump ramped up his tariff assault on Canada, while investors assessed better-than-expected June employment data. The TSX Composite Index lost 98.51 points to open the week’s ...
Baystreet.ca - Intel Slumps on Spinout Company RealSense
Intel (NASDAQ:INTC) is spinning out its artificial intelligence robotics and biometric venture as more companies bet big on automation tools. The new company, known as RealSense, was announced Friday and comes alongside a $50-million Series A funding ...
Baystreet.ca - AutoCanada, Bombardier, MAG at 52-Week Highs on News
AutoCanada Inc. (T.ACQ) hit a new 52-week high of $24.70 Friday. AutoCanada announced that Paul Antony has informed the Board of Directors of the Company that he will transition from his role as Executive Chair. Bombardier Inc. (T.BBD.B) hit a new ...
Baystreet.ca - Markets Demur as Trump Wields Tariffs
Toronto's main stock index opened lower on Friday as U.S. President Donald Trump ramped up his tariff assault on Canada, while investors assessed better-than-expected June employment data. The TSX Composite Index lost 98.51 points to open the week’s ...
Baystreet.ca - Markets Set to Retreat from Records Amid Tariff Threats
Futures linked to Canada's main stock index fell on Friday as U.S. President Donald Trump ramped up his tariff assault on this country. The TSX Composite Index gained 109.98 points to close Thursday at 27,082.30 September futures tumbled 0.6% ...
Baystreet.ca - Dow Falls, S&P Retreats from Records
Toronto's benchmark index recovered somewhat from sharp initial losses on Friday as U.S. President Donald Trump ramped up his tariff assault on Canada, while investors assessed better-than-expected domestic employment data for June. The TSX Composite ...
Baystreet.ca - Oil at the Center as U.S. and Brazil Edge Toward a Trade War
Brazil is preparing to defend its oil export sector as U.S. President Donald Trump threatens to impose a 50% tariff on Brazilian imports starting August 1. The move has escalated tensions between the two countries, with Brazilian President Luiz Inácio ...
Baystreet.ca - U.S. Stocks Plummet As Trump Unveils 35% Tariff On Canada
U.S. stocks are deep in the red on July 11 after U.S. President Donald Trump announced a 35% tariff on most imports from Canada beginning August 1. The blue-chip Dow Jones Industrial Average is down 305 points, while the benchmark S&P 500 and technology-laden ...
Baystreet.ca - Asia Mixed After Canada Hit with Heavy Tariffs
Asia-Pacific markets traded mixed Friday after U.S. President Donald Trump announced 35% tariffs on Canada starting Aug. 1. He also told NBC News Thursday that he plans to impose blanket tariffs of 15% or 20% on most trade partners. In Japan, ...
Baystreet.ca - BTCT Completes $1-Million Strategic Ethereum Reserve
BTC Digital Ltd. (NASDAQ: BTCT), a leading blockchain technology company, today announced that it has established a strategic reserve of $1 million in Ethereum. This milestone marks the first phase of BTCT's broader initiative to deepen its exposure ...
Baystreet.ca - Ruanyun Edai Hooks up with Confucius Institute
Ruanyun Edai Technology Inc. (NASDAQ: RYET) shares gained grouind, as the AI-powered education technology company in China, today announced the signing of a strategic cooperation agreement with the Confucius Institute at Prince Sultan University. The ...
Baystreet.ca - OpenAI To Launch Web Browser In Challenge To Google’s Dominance
Artificial intelligence (A.I.) start-up OpenAI is reportedly planning to release an internet search engine in what’s being described as a direct challenge to Google parent company Alphabet (GOOGL). Privately held OpenAI is planning to release an ...
Baystreet.ca - Why OPEC+ Is Pumping Fast and Playing Hardball
OPEC+ blindsided oil market participants, again, with a larger-than-expected oil production hike for August. Instead of the widely expected 411,000 barrels per day (bpd), the group of eight OPEC+ producers led by Saudi Arabia and Russia decided ...
Baystreet.ca - One Stop Hurtles on Newest Contract
One Stop Systems, Inc. (NASDAQ: OSS) began Thursday sharply in the green. The Escondido, Calif.-based company, claiming to be a leader in rugged Enterprise Class compute for artificial intelligence (AI), machine learning (ML) and sensor processing at ...
Baystreet.ca - Quantum Computing and AI-Powered Drones are Fueling a $355.55 Billion Opportunity
The drone industry is just starting to take off, creating a unique opportunity for ZenaTech (NASDAQ: ZENA), AeroVironment (NASDAQ: AVAV), Leonardo DRS Inc. (NASDAQ: DRS), Palladyne AI (NASDAQ: PDYN) and SEALSQ Corp. (NASDAQ: LAES). Not only are ...
Baystreet.ca - EU Hikes Fossil Fuel Power Generation as Renewables Falter
Utilities across the European Union boosted electricity output from gas and coal plants by 13% in the first half of 2025 from a year earlier—the biggest annual increase for January to June since 2017, according to data from clean energy think tank Ember ...
Baystreet.ca - Next-Gen Cancer Treatments Gain Steam Amid Oncology Industry Shakeups
Issued on behalf of Oncolytics Biotech Inc. VANCOUVER – Baystreet.ca News Commentary – Cancer rates are climbing across the U.S., with stark disparities from state to state. Recent CDC data shows Maine now leads the nation in cancer ...
Baystreet.ca - Kospi Higher, Singapore Reaches New Record
Asia-Pacific markets traded mixed on Thursday as traders assessed the Bank of Korea’s decision to keep rates steady, as well as U.S. President Donald Trump’s announcement to slap a 50% tariff on Brazilian imports beginning August 1. In Japan, the ...
Baystreet.ca - WK Kellogg Stock Soars 50% Higher On Takeover Reports
The stock of WK Kellogg (KLG) is up a little more than 50% on reports that chocolate maker Ferrero is offering $3 billion U.S. to acquire the cereal company. Ferrero, a privately held Italian company known for its Ferrero Rocher hazelnut chocolates, ...
Baystreet.ca - Stocks on Sale: Hershey, Monster, Altria, and Mobileye
Amid stock markets at an all-time high, investors have just a few bargain opportunities today. Hershey (HSY) broke down from an uptrend recently, turning back from $176 to close at $161.95 on July 8. Wendy’s (WEN) announced that its CEO, Kirk Tanner, ...
Baystreet.ca - President Trump’s Proposed Copper Tariffs are Unlocking a Unique Investment Opportunity
Copper prices are at record highs on President Trump’s announcement that he will impose a 50% tariff on copper imports in an attempt to boost domestic production. That, in addition to a massive supply-demand imbalance is creating substantial opportunity ...
Baystreet.ca - Booz Allen Flat on Corsha Stake
Booz Allen Hamilton (NYSE: BAH) today announced that its corporate venture capital arm, Booz Allen Ventures, has made a strategic investment in Corsha, the first and only Machine Identity Provider built to secure communication across operational systems ...
Baystreet.ca - Genius Group Spurs Stock Buyback, Shares Rocket
Genius Group Limited (NYSE: GNS) shares gained sharply Thursday. The Singapore-based AI-powered, Bitcoin-first education group announced that further to receiving shareholder and board approval for a share buyback of up to 20% of the company’s issued ...
Baystreet.ca - Energy Sector Faces 26% Earnings Drop as Q2 Season Begins
Earnings season is here again, with second-quarter earnings season set to begin in earnest during the second full week of July. According to FacetSet Earnings Insight, companies in the S&P 500 are expected to report aggregate earnings growth of 5.0%, ...
Baystreet.ca - Costco’s June Sales Rose 8% From A Year Ago
Costco Wholesale has reported that its net sales rose 8% year-over-year in June to $26.4 billion U.S., up from a 6.8% gain in May. The June sales snap a string of five consecutive months of slowing sales growth at the warehouse club. Same-store ...