Canada markets closed
  • Business
    Yahoo Finance

    Tesla stock surges as EV maker will 'accelerate' the launch of cheaper cars

    Tesla said it would "accelerate" the launch of new models next year, including lower-cost cars, countering reports earlier this month it had scraped those plans.

  • Business
    The Canadian Press

    CN Rail on track for growth this year, despite Red Sea shipping obstacles: CEO

    MONTREAL — A stable economic outlook and rising cargo demand bode well for Canadian National Railway Co. this year, executives said, despite the Red Sea crisis dampening container figures on the East Coast. “We’re seeing momentum building,” CEO Tracy Robinson told analysts on a conference call Tuesday. “The team is gelling, the operation is performing and volumes are on the upswing.” Revenue dipped by one per cent year over year to $4.25 billion in CN's first quarter. Diluted earnings hit $1.72

  • Business
    Reuters

    First Quantum Minerals cuts debt by over $1 billion in first quarter

    The company in February had announced a series of capital restructuring measures that would strengthen its balance sheet and cut debt, a move that will help the Canadian miner deliver on its "operational objectives." The copper miner reported a net loss attributable to shareholders of the company at $159 million for the quarter ended March.

  • Business
    Bloomberg

    Tech Giants Roar as Tesla Spikes in Late Hours: Markets Wrap

    (Bloomberg) -- A rally in tech heavyweights lifted the broader stock market, with the group’s high-stakes earnings seen by Wall Street investors as a major test of the bull run in equities.Most Read from BloombergTaylor Swift Is Proof That How We Critique Music Is BrokenTesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of EarningsTech Giants Roar as Tesla Spikes in Late Hours: Markets WrapRay Dalio’s Famous Trade Is Sputtering, Investors BailingBillionaire Pinaults Fight to Pull Gucci Off the