Royal Bank of Canada is a leading financial services institution that provides a wide range of banking and financial solutions to individuals, businesses, and institutions. The bank offers personal and commercial banking services, wealth management, investment banking, and capital markets services. With a robust network of branch locations and digital platforms, it aims to meet the diverse needs of its clients while focusing on innovation and customer service. Royal Bank of Canada is committed to enhancing the financial well-being of its customers and leveraging its expertise to support economic growth in the communities it serves. Read More
RBC Capital initiates coverage on Deere & Company with an Outperform rating and $542 price target, citing tech-enabled agriculture and strong EPS growth prospects through 2026.
Shares of residential solar energy company Sunrun (NASDAQ:RUN) jumped 4.4% in the afternoon session after analysts at UBS and Citigroup provided favorable updates on the company.
Ottawa, Canada – October 21, 2025 – Canada's financial markets are recalibrating after a surprisingly robust inflation report for September, which saw the annual Consumer Price Index (CPI) accelerate to 2.4%. This unexpected uptick, surpassing both August's 1.9% and market forecasts of 2.3%, has significantly cooled expectations for an
Quantum BioPharma (NASDAQ: QNTM) (CSE: QNTM) announced the expiration at 5 p.m. ET of 53,147 warrants (originally 3,454,543 pre-reverse-split warrants) issued to hedge funds and investment funds as part of a 2020 financing, marking the final tranche of such warrants. The Company also reaffirmed Oct. 27, 2025 as the record date for the distribution of contingent value rights (“CVRs”) to Class B Subordinate Voting Shareholders on a one-for-one basis, entitling holders to a potential pro rata share of 10%–50% of any net proceeds from Quantum BioPharma’s $700 million litigation against CIBC World Markets, RBC Dominion Securities, and others.
A number of stocks jumped in the afternoon session after positive news on corporate earnings, easing political and trade tensions, and optimism about future interest rate cuts all converged to lift investor sentiment.
October 20, 2025 – Today's financial markets presented a fascinating dichotomy, as the exuberant rally sweeping through the broader technology sector left several prominent "hot" AI stocks in its wake, facing significant declines. While giants like Apple (NASDAQ: AAPL) and Nvidia (NASDAQ: NVDA) propelled the Nasdaq Composite to new heights, fueled
Toronto, October 20, 2025 - TheNewswire — With less than a month to go, mining, government, First Nations, and finance leaders are preparing for the Ontario Critical Minerals Forum, taking place November 18–19 at the Marriott Downtown CF Eaton Centre, Toronto.
Schlumberger (NYSE: SLB), the global oilfield services giant, experienced a notable dip in its share price following the release of its third-quarter 2025 earnings report on October 17, 2025. Despite an adjusted earnings per share (EPS) beat and revenue alignment with analyst expectations, the market reacted negatively to significant year-over-year
Calgary, Alberta – October 20, 2025 – The Canadian oil and gas industry is navigating a challenging landscape as late 2025 unfolds, grappling with a persistent spending squeeze driven by dipping global commodity prices and an abundant supply. This confluence of factors is significantly impacting the budgets and forecasts of Canadian producers
Shares of solar power systems company SolarEdge (NASDAQ:SEDG)
jumped 5.4% in the morning session after RBC raised its price target on the company's shares, continuing a trend of positive analyst sentiment. The bank lifted its target to $25 from $22, though it maintained a "Sector Perform" rating on the stock. This move followed a series of similar price target increases from other analysts in the preceding days. For instance, analysts from Susquehanna, J.P. Morgan, and Morgan Stanley also recently boosted their fair value estimates for the solar energy company. This broader wave of positive adjustments from market watchers helped build upward momentum for the stock.
Shares of residential solar energy company Sunrun (NASDAQ:RUN) jumped 5.2% in the morning session after RBC Capital raised its price target on the stock. The investment bank increased its target to $22 per share, up from the previous target of $16. Alongside the new price target, RBC also kept its 'Outperform' rating on the shares. This action signaled the analyst's positive view of the company's future performance, with the new target suggesting a belief in significant potential upside from its prior trading levels.
A prolonged U.S. government shutdown, now stretching into its twentieth day as of October 20, 2025, has sent ripples of anxiety across global financial markets, with gold emerging as a significant beneficiary. The precious metal, a traditional safe haven during times of political and economic instability, has seen a
Shares of global payments company American Express (NYSE:AXP) jumped 6.3% in the afternoon session after the company reported better-than-expected results for the third quarter of 2025, beating Wall Street's estimates for revenue and profit. The global payments company posted revenue of $13.94 billion, an 11.8% increase from the same period last year, which surpassed analyst expectations. Earnings came in at $4.14 per share, also ahead of consensus estimates and up from $3.49 in the year-ago quarter. This strong performance was supported by a significant rise in customer spending, with total transaction volumes growing 8.7% year-on-year to $479.2 billion, also topping forecasts. Overall, the solid top- and bottom-line beats signaled healthy consumer engagement and effective business execution, boosting investor confidence.
Shares of regional banking company Western Alliance Bancorporation (NYSE:WAL) rose in the morning session after the stock rebounded from a sharp sell-off the previous day that was triggered by the disclosure of a lawsuit concerning alleged loan fraud.
