AI Stocks Tumble as Anthropic Nears IPO Filing
AI Stocks Tumble as Anthropic Nears IPO Filing

The TSX is up 0.86%, while the TSX Venture Index is higher by 1.08%, as Canadian markets move higher despite renewed geopolitical tension and sharp swings in commodities. U.S. markets are mixed: the Dow is slightly lower, down 0.04%, while the Nasdaq is down 0.32%, as traders react to fresh flare‑ups in U.S.–Iran tensions and a jump in oil prices. In Europe, the FTSE 100 is under pressure, falling 0.64%.

Commodities are again setting the tone. Oil is surging more than 3.7%, reflecting heightened supply concerns after renewed Middle East tensions. Gold is sliding modestly after erasing recent gains, while copper is lower on growth caution. Natural gas is down more than 1%. Bitcoin is rallying strongly in Canadian‑dollar terms, up nearly 2%, as crypto traders position for volatility and potential short‑covering.

Market numbers

TSX: Up (+0.86%), 34,346.29

TSXV: Up (+1.08%), 1,054.91

DOW: Down (‑0.04%), 49,441.6

NASDAQ: Down (‑0.32%), 26,599.2

FTSE 100: Down (‑0.64%), 10,627.59

In the headlines

  • Tesla rebounds 21% from recent low as earnings approach: Tesla (TSX:TSLA) — the electric‑vehicle and clean‑energy manufacturer led by Elon Musk — has climbed about 21% from its recent bottom as traders position ahead of earnings. Investors are watching closely for updates on margins, delivery trends, and progress on autonomy after recent volatility in the stock.
  • Agnico Eagle consolidates Finland assets: Agnico Eagle Mines (TSX:AEM) — one of Canada’s largest gold producers — is consolidating its Finnish operations through a trio of transactions. The move streamlines its asset base in the region and strengthens its long‑term development pipeline in Europe.
  • Fire damages B2Gold’s Goose Mine circuit: B2Gold (TSX:BTO) — the Canadian gold mining company — reported fire damage to the crushing circuit at its Goose Mine in Nunavut. The company said assessments are underway, with investors monitoring potential impacts on production timelines.

Currencies

USD: Up (+0.07%), $0.7307

GBP: Down (‑0.03%), $0.5403

EUR: Down (‑0.05%), $0.62064

JPY: Up (+0.09%), ¥115.944

AUD: Up (+0.06%), $1.0197

Bitcoin (BTC/CAD): Up (+1.97%), 103,275.7

(Conversion to C$1)

Commodities

Copper: Down (‑0.22%), 602.56

Gold: Down (‑0.27%), 4,819.00

WTI Crude: Up (+3.73%), 85.99

Natural Gas: Down (‑1.22%), 2.679

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