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Wall Street drifts as Broadcom and other AI-related stocks help support the market

Wall Street is holding relatively steady Tuesday as stocks in the artificial intelligence industry help support the market, at least for now.

BCE sells 49.9% stake in new wireless tower company to La Caisse for $2.45B

BCE Inc. has signed a deal to sell a 49.9 per cent stake of a new company that will own and operate its wireless towers to Quebec investment manager La Caisse for $2.45 billion.

Coca-Cola lifts profit forecast as international soda demand holds firm

Coca-Cola on Tuesday raised its annual profit forecast, betting on soft drink demand in markets such as India and Brazil, while higher sales of pricier beverages such as fairlife milk offset rising input costs in North America.

Cleveland-Cliffs says Stelco in full compliance, seeks meeting with minister

Cleveland-Cliffs Inc. says it’s in full compliance with the promises it made as part of an Investment Canada Act review that allowed its purchase of Stelco Inc. in 2024.

Anthropic predicts AI will be one of humanity’s most consequential inventions, weighs ‘catastrophic’ risk in IPO filing

Anthropic, the company behind the AI assistant Claude, filed for an initial public offering on Monday in what experts predict could be one of the largest stock market debuts in history.

American steel — not overseas dumping — dominates Canadian imports, trade data shows

Federal trade figures show American steel makes up more than half of Canada’s imports of galvanized and coated steel, complicating Cleveland-Cliffs’ argument that an influx of cheap overseas steel is one of the top causes of Stelco layoffs.

Nova Scotia committee to discuss $10-billion AI data centre planned for Cape Breton

A committee of Nova Scotia’s legislature is scheduled to discuss the controversial $10-billion AI data centre that’s been proposed in Cape Breton.

Air Canada crews in some European cities sent to alternative locations due to civil unrest

Air Canada flight crews who flew to several cities in Europe last week were relocated to secondary hotel locations due to civil unrest related to widespread protests, a source with knowledge on the situation confirmed with CTVNews.ca.

DoorDash in talks to buy Instacart in roughly US$17B deal, source says

DoorDash is in advanced talks to acquire Instacart in a deal that could value the grocery-delivery platform at about US$17 billion, a source familiar with the matter told Reuters on Monday.

Wall Street rises as AI stocks keep swinging

U.S. stocks rose amid shaky trading for financial markets worldwide, as AI stocks kept swinging and Brazilian stocks tumbled.

S&P/TSX composite rises more than 150 points, U.S. stock markets also higher

Canada’s main stock index rose more than 150 points on Monday, helped by gains in financial stocks, while U.S. markets were also up.

Roots to be delisted from Toronto Stock Exchange ‘shortly’

Roots Corp. says Meghan Roach has stepped down as president and chief executive as its go-private transaction with Marquee Brands has closed.

AI companies are barreling toward huge Wall Street debuts. A look at the biggest players

Some of the leading artificial intelligence companies are moving toward initial public offerings at eye-popping valuations. Anthropic and OpenAI are looking to go public to access more capital in the race to shape the technology’s future.

High Liner Foods to be bought by Umios in deal valued at $804 million

Nova Scotia seafood processor High Liner Foods Inc. says it has signed a deal to be bought by Japanese company Umios Corp. in an agreement valued at $804 million.

FINTRAC takes ‘aggressive action’ to address non-compliance in money service businesses

Canada’s financial intelligence agency revoked the registrations of 82 money service businesses in 2025-26, up from 12 the previous year.