Market News

Strong Q2 Performance Underscores Business Model Strength GigaCloud Technology (NASDAQ: GCT) reported its highest-ever quarterly revenue, despite operating in a challenging macroeconomic environment. CEO Larry Wu credited this achievement to accelerating performance from the company’s Noble House portfolio, which has now become a meaningful contributor to profit margins. “These results reaffirm the strength of our…

Lam Research Corporation (NASDAQ:LRCX), a global leader in wafer fabrication equipment and services for the semiconductor industry, reported strong results for the June 2025 quarter. Revenue reached $5.17 billion, with a gross margin of $2.59 billion, or 50.1% of revenue. Operating income was 33.7% of revenue, and net income rose to $1.72 billion, translating to…

Investing in undervalued growth stocks can lead to outsized returns, especially when those companies are positioned in high-potential sectors. Below are two Canadian stocks that appear significantly undervalued today but may deliver strong gains in the coming years. Aduro Clean Technologies (CNSX:ACT) Market Cap: $580 million Industry: Clean Tech / Chemical Recycling Aduro Clean Technologies…

Canada’s economy could experience significant growth by 2035 if businesses accelerate their adoption of artificial intelligence and respond effectively to the challenges posed by climate change, according to a new report from PwC Canada. The study, released Wednesday, explores strategies to unlock long-term economic growth and forecasts that Canada’s GDP could reach up to $3.65…

Robust Financial Performance Baytex Energy Corp. (TSX:BTE) is a North American oil and gas exploration and production company headquartered in Calgary, Alberta, with operational presence in both Canada and the United States. Baytex Energy Corp. delivered solid financial results, reporting adjusted funds flow of $367 million and net income of $152 million. In line with…

September: Market Slump or Prime Buying Window? September has long had a bad reputation on Wall Street. Known as the September Effect, it’s often considered the worst month for stocks — and history backs it up. Over the last 10 years, the S&P 500 has fallen in six Septembers, averaging a -2% return. But if…

Rate Cuts Won’t Save the Housing Market — It’s Not About Cost Anymore Canada’s housing market just got a small break — but don’t expect a rebound. The Bank of Canada (BoC) delivered a widely expected 25-basis-point cut to its overnight rate, potentially setting the stage for variable mortgage rates to fall below fixed rates….

The Magnificent Seven stocks have earned their reputation for consistent growth and resilience. Among them, Microsoft (NASDAQ:MSFT) stands out as a particularly compelling buy — especially if the stock experiences a 10% pullback. While it may not be the fastest mover of the group, Microsoft’s stability, scale, and future growth potential make it a cornerstone…

Canada’s main stock index climbed to another record high on Friday, driven by strong gains in gold mining stocks and investor optimism following the Bank of Canada’s recent rate cut aimed at stimulating the domestic economy. The S&P/TSX Composite Index closed up 314.83 points, or 1.1%, at 29,768.36, surpassing the previous record set just a…

Canadian vehicle and auto parts exports were hit with over US$380 million in tariffs in July, marking a sharp increase as U.S. trade levies took full effect. Also Read: Canadian stocks to buy 2025 According to a recent analysis by Anderson Economic Group, the U.S. imposed US$1.1 billion in tariffs on vehicles imported from Canada…

About AbCellera AbCellera is a clinical-stage biotechnology company that leverages advanced technologies to discover and develop antibody-based therapeutics. Founded with the vision of transforming the way antibody drugs are discovered, AbCellera integrates AI-powered drug discovery platforms with deep expertise in immunology and protein engineering. Clinical Development Milestones Achieved AbCellera (Nasdaq: ABCL) announced significant progress in…