CIBC Private Wealth Senior Energy trader Rebecca Babin discusses the market volatility caused by the ongoing conflict in Iran, and the opportunity to limit the 'economic scarring' if the war is resolved within the next few weeks. She talks with Katie Greifeld and Romaine Bostick on "The Close."
Sheila Kahyaoglu, Managing Director in Equity Research at Jeffries says Department of Defense officials say missiles are the biggest growth area for the defense market. The Pentagon has asked for an additional $200 billion from Congress to pay for the war against Iran, a person familiar with the matter said, as Defense Secretary Pete Hegseth argued that the campaign was ahead of schedule and disputed that the US was getting embroiled in a quagmire. The person, who asked not to be identified discussing private deliberations, said that the request has been sent to the White House for review and President Donald Trump has yet to sign off. Asked about the figure on Thursday, Hegseth didn't deny it but said the number could move.
BMO US President Aron Levine discusses continued expansion into California, market uncertainty, and a new US growth strategy. He talks with Katie Greifeld and Romaine Bostick on "The Close."
Israeli Prime Minister Benjamin Netanyahu said his country was helping the US to open the Strait of Hormuz. He also says pipelines are needed to be build across the peninsula to avoid chokepoints.
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In times of uncertainty, we often look for something solid to hold onto. Lately, it seems the world’s investors have decided that “something solid” is, quite literally, gold.
The metal’s soaring price is more than just a market trend; it's a global barometer of anxiety.
When faith in currencies, governments, and traditional financial systems begins to waver, we see a familiar flight to the perceived safety of this timeless asset.
Well, pull out the party hats and dust off the stock tickers.
Lithium, the commodity that investors and analysts had all but left for dead in the great market purge of 2023-2024, is back.
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The stock market has long treated Tesla (NASDAQ:TSLA) less as a traditional automaker and more as a futuristic technology cult, with its valuation soaring on the gravitational pull of its CEO, Elon Musk.
This persistent "Musk Premium" has burned countless short-sellers.
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Bitcoin has vaporised more than US$800 billion in its latest crash and sucked US$1 trillion out of the broader crypto market.
With nearly US$2 trillion in market value and rising allocations from Wall Street firms, ETFs, pension funds, and insurers, Bitcoin is increasingly woven into traditional finance.
The U.S. government has begun denying requests from companies seeking refunds for billions of dollars in illegal tariffs, despite a landmark Supreme Court ruling that struck down the levies last month.
Global energy markets are reeling as oil tracks toward its most significant weekly gain in four years, fuelled by escalating conflict in the Middle East.
Global oil prices held steady on March 3 as energy markets braced for an intensification of conflict in the Middle East.
U.S. Customs and Border Protection (CBP) will officially stop collecting billions in trade duties at 12:01 a.m. EST on Tuesday, following a landmark Supreme Court ruling that declared President Donald Trump’s use of emergency powers to levy tariffs illegal.
Amundi CIO Vincent Mortier says global markets have turned sharply more pessimistic about the length of the Iran conflict and now expect it to keep going for months. "The next coming days will be very key to define what should happen next," Mortier tells Bloomberg Television.
Darden Restaurants (NYSE:DRI) announced its financial results for the third quarter of fiscal 2026, ended February 22, 2026, reporting total sales of $3.345 billion.
Arcos Dorados Holdings (NYSE:ARCO), the world’s largest independent McDonald’s franchisee, reported record-breaking financial results for the fourth quarter and full year ended December 31, 2025.
The Cato Corporation (NYSE:CATO) announced its financial results for the fourth quarter and full fiscal year ended January 31, 2026, showcasing a year of operational refinement and narrowed losses.
Alibaba Group Holding (NYSE:BABA) announced its financial results for the quarter ended December 31, 2025, revealing a strategic pivot toward reinvestment and market share defense.
Signet Jewelers (NYSE:SIG) today revealed its financial results for the fourth quarter and full fiscal year ended January 31, 2026, demonstrating steady operational execution in a normalizing luxury market.
Caleres (NYSE:CAL) reported financial results for the fourth quarter and full fiscal year ended January 31, 2026, highlighting a period of significant portfolio transformation and market share expansion.
Destination XL Group (NASDAQ:DXLG), the largest omni-channel specialty retailer of big and tall men’s apparel, announced its financial results for the fourth quarter and full fiscal year ended January 31, 2026.
Intuitive Machines (NASDAQ:LUNR) reported its fourth-quarter and full-year 2025 financial results on March 19, 2026, marking a pivotal shift from a specialized lunar lander developer to a diversified space infrastructure powerhouse.
Eli Lilly and Company (NYSE:LLY) today announced positive topline results from TRANSCEND-T2D-1, the first Phase 3 clinical trial evaluating retatrutide for the treatment of type 2 diabetes.
