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Baystreet.ca - Altius, BlackBerry, CAE at 52-Week Highs
Altius Minerals Corporation (T.ALS) hit a new 52-week high of $27.14 Tuesday. No news stories available today. BlackBerry Limited (T.BB) hit a new 52-week high of $5.58 Tuesday. No news stories available today. CAE Inc. Unlimited (T.CAE) hit ...
Baystreet.ca - Big Oil Looks to The Eastern Mediterranean as Replacement for Russian Gas
Ever since Russia invaded Ukraine on 24 February 2022, the U.S. and its key North Atlantic Treaty Organisation (NATO) allies have looked to new sources of gas supply to allow the security group to phase out all such supplies flowing into Europe from ...
Baystreet.ca - Algorhythm Sending Singing Machine to Early Year Trade Shows
Algorhythm Holdings, Inc. (NASDAQ: RIME), an AI technology and consumer electronics holding company, announced today that is wholly-owned subsidiary, The Singing Machine, will attend CES 2025 from January 7-10, 2025 to showcase its next generation karaoke ...
Baystreet.ca - TSX Finishes on Up Note Before Christmas
Canada's main stock index soared along with Santa’s reindeer to close Tuesday in thin trading volumes, as investors clocked in for a half-day trading session on Christmas Eve. The TSX regained 97.84 to conclude Christmas Eve at 24,846.82. The ...
Baystreet.ca - What is the Federal Reserve's Game Plan After the 25 bps Cut?
Last Wednesday, Dec. 18, 2024, the Federal Reserve cut interest rates by 25 basis points. Fed Reserve officials are expecting to slow their rate cuts in 2025. The central bank is bracing for the government to impose aggressive 25% tariffs against Mexico ...
Baystreet.ca - Why Microstrategy, Arm Holdings, and Carnival Stocks Fell
On Monday, Microstrategy (MSTR) dropped by 8.78%. The stock found support at its 50-day simple moving average. Closing at $332.23, it is well off its short-lived high of $543. For seven straight weeks, the software firm-turned bitcoin (BTC-USD) ...
Baystreet.ca - TSX Off at Start of Truncated Session
Canada's main stock index opened slightly lower on Tuesday in thin trading volumes, hurt by telecom stocks, as investors clocked in for a half-day trading session on Christmas Eve. The TSX deleted 28.46 to open Christmas Eve Day at 24,720.52. The ...
Baystreet.ca - Workers Seek Shelter As Hanford Nuclear Complex Issues Leak Alert
Workers at the Hanford nuclear site were ordered to take cover on Friday after a large holding tank with ammonia vapor was discovered to be leaking near the vitrification plant in the 200 East Area. Workers in that area were told to shelter in place ...
Baystreet.ca - Ford Donates Cars, Cash to Trump Inauguration
Ford Motor Co (NYSE:F) is donating $1 million and a fleet of vehicles to U.S. President-elect Donald Trump’s January inauguration, a company spokesperson said on Monday. Policies on tariffs and electric vehicles that are being considered by the ...
Baystreet.ca - Canada's Economy Is Picking Up Steam Lifted By Oil & Gas Extraction
The Canadian economy grew 0.3 per cent in October, helped by strength in oil and gas extraction, mining and quarrying, Statistics Canada has revealed in its monthly GDP release. Oil and gas extraction, mining and quarrying rose 2.4 per cent in October ...
Baystreet.ca - Today's Stock News on Honda, Apple, and Energy Stocks
The automotive industry is shaking up as it tries to catch up with Tesla’s (TSLA) lead in electric vehicles. Honda (HMC) jumped by 12.72% to start this week’s trade after announcing merger talks with Nissan (NSANY). NSANY stock already last week ...
Baystreet.ca - Indices Climb in Shortened Christmas Eve Session
Canada's main stock index opened slightly lower on Tuesday in thin trading volumes, hurt by telecom stocks, as investors clocked in for a half-day trading session on Christmas Eve. The TSX deleted 28.46 to open Christmas Eve Day at 24,720.52. The ...
Baystreet.ca - Allurion Details Reverse Stock Split
Allurion Technologies, Inc. (NYSE: ALUR), a company dedicated to ending obesity, today announced that its Board of Directors has determined to effect a one-for-twenty five reverse stock split of the Company’s common stock, par value $0.0001 per share ...
Baystreet.ca - Futures Rise Ahead of Half-Day Trading
Futures tied to Canada's main stock index rose on Tuesday, supported by crude prices, in the period around the Christmas Day holiday that is historically beneficial for equities. The TSX climbed 149.5 to close Monday at 24,748.98. The Canadian ...
Baystreet.ca - American Grounds Fleet due to Technical Issue
American Airlines (NASDAQ:AAL) grounded flights nationwide Wednesday morning due to a technical issue, snarling travel during what carriers expect to be a period of record demand for the holidays. “A technical issue is affecting American flights ...
Baystreet.ca - Qatar Threatens to Halt LNG Exports to Europe Over Green Regulations
One of the world’s top LNG exporters, Qatar, is threatening to stop shipping its gas to the European Union if the bloc moves to strictly enforce a new corporate sustainability directive with fines on non-compliant firms, Qatar’s Energy Minister Saad ...
Baystreet.ca - Psyence Unveils Private Placement
Psyence Biomedical Ltd. (NASDAQ: PBM) today announced that it has entered into definitive agreements for the purchase and sale of an aggregate of 1,000,000 common shares (or pre-funded warrant in lieu thereof), series A common warrants to purchase up ...
Baystreet.ca - S&P, NASDAQ Head into Shortened Week up Slightly
Futures tracking Canada's main stock index were flat on Monday, as investors avoided placing big bets ahead of key domestic economic data due later in the day. The TSX gained 185.54 points to close Friday to 24,549.48. On the week, the index gave ...
Baystreet.ca - When Will Dow's Three-Week Losing Streak End?
Last Friday, the Dow Jones Industrial Average (DJI) gained 498 points. But this 1.18% rally was not enough to end the index’s three-week losing streak. Investors did not experience an unusually long downtrend since the 1970s. When will this negative ...
Baystreet.ca - Trane Named to World Sustainability Index
Trane Technologies (NYSE:TT), a global climate innovator, has been named to the S&P Dow Jones Sustainability World Index for the fourth consecutive year and the North America Index for the fourteenth consecutive year. The company performed in the 98th ...
Baystreet.ca - Syrian Oil Supply Crisis Deepens as Iraq Cuts Exports
Iraq has suspended crude oil deliveries to Syria, a member of the Iraqi parliament said on social media as quoted by BNE Intellinews. The statement coincided with one by Iraq’s foreign minister, who expressed concern about the security situation in the ...
Baystreet.ca - Japan Leaps Amid Broader Gains in Asia
Asia-Pacific markets started the holiday-shortened Christmas week on a positive note, with investors awaiting the official announcement related to the merger of Japanese automakers Honda and Nissan. In Japan, the Nikkei 225 index hiked 459.44 points, ...
Baystreet.ca - Five Game-Changing Tech Stocks That Could Soar in 2025
Artificial intelligence is nearing a game-changing transformation. Fueled by active inference, companies like VERSES AI (CBOE: VERS) (OTCQB: VRSSF) are attempting to revolutionize how intelligent systems learn and adapt. In fact, according to a Medium ...
Baystreet.ca - Lucid Gains Extension of Compliance by NASDAQ
Lucid Diagnostics Inc. (NASDAQ: LUCD), a commercial-stage, cancer prevention medical diagnostics company and subsidiary of PAVmed Inc. (NASDAQ: PAVM), today announced that it had received written notification from the Listing Qualifications Department ...
Baystreet.ca - HCW Announces Written Notice from NASDAQ
HCW Biologics Inc. (NASDAQ: HCWB), a clinical-stage biopharmaceutical company focused on discovering and developing novel immunotherapies to lengthen healthspan by disrupting the link between inflammation and age-related diseases, today reported on December ...
Baystreet.ca - Ignore the Government Shutdown Banter
At the last minute, the U.S. government once again averted a shutdown. President Joe Biden signed a funding legislation. This will keep the U.S. government in operation until March 14, 2025. The Senate voted 85 to 11 last Saturday morning to approve ...
Baystreet.ca - Nvidia Update on the GB200 AI HPC and AI GPUs
Nvidia (NVDA) will widen its commanding lead in the artificial intelligence market. The firm expects to mass-produce the GB200 HPC and AI servers in the next year. Peak shipments will occur during the second and third quarter timeframe. Since the ...
Baystreet.ca - Monday's Hottest Stocks: Palantir, Enphase, and Microstrategy
The Nasdaq 100’s (QQQ) inclusion of Palantir (PLTR) and Microstrategy (MSTR) in the last week sets these two firms as today’s two hot stocks. Microstrategy, which owns around 440,000 bitcoins as of Dec. 16, 2024, effectively makes this technology ...
Baystreet.ca - EU-Sanctioned Russian Oil Still Hits Markets via Bulgaria
Even though the EU sanctions Russian oil, Bulgaria still allows crude to be processed at the Lukoil Burgas refinery. An investigation by Ukrainian journalist Mykhailo Tkach, working for the Ukrainska Pravda, shows that Lukoil’s Bulgarian Burgas refinery ...
Baystreet.ca - Watch Starbucks, Volkswagen, and More
When shares of Starbucks (SBUX) peaked at around $100, the steep sell-off that followed may worsen. On December 20, 2024, Starbucks baristas voted to strike at the Seattle, Los Angeles, and Chicago stores. The union said that Starbucks did not honor ...
Baystreet.ca - Stocks on Sale: Novo Nordisk, Viking Therapeutics, Nike, and Bitcoin
Last week, Novo Nordisk (NVO) lost more than one-fifth of its value. Biotechnology investors overreacted to Eli Lilly’s (LLY) clinical data results. Novo reported Phase 3 results of its next-generation weight loss therapy. Investors are worried that ...