Nvidia surged on a record $150 billion buyback and new AI safety platform, even as oil and yields pushed broader markets lower.
Nvidia surged on a record $150 billion buyback and new AI safety platform, even as oil and yields pushed broader markets lower.

Markets fell broadly today as rising oil prices and bond yields pressured stocks, with retail investors growing increasingly cautious. The TSX dropped 0.71% and the TSX Venture Index fell 2.16%, while the Dow slid 0.41% and the Nasdaq declined 0.68%. The FTSE 100 was the exception, edging up 0.07%.

Oil rose 1.24% after President Trump rejected an Iran peace proposal, knocking down U.S. stocks and pushing bond yields higher even as Nvidia bucked the trend. Gold tumbled 3.32% and copper fell 2.28%, while Bitcoin slipped 1.16% as $82,000 support in the U.S. dollar-denominated price looms. The Loonie held relatively steady against major peers amid the broader risk-off tone.

Market numbers

TSX: Down (-0.71%) 35,545.81

TSXV: Down (-2.16%) 900.58

DOW: Down (-0.41%) 51,619.3

NASDAQ: Down (-0.68%) 30,302.0

FTSE 100: Up (+0.07%) 10,752.52

In the headlines

  • Nvidia jumps on record $150 billion buyback and new AI safety platform: Nvidia (NASDAQ:NVDA), the dominant AI chipmaker, surged after announcing a $150 billion stock buyback, the largest single authorization in corporate history. The company also unveiled a new security platform aimed at preventing AI agents from going rogue following troubling incidents, with CEO Jensen Huang calling recent warnings from Anthropic and OpenAI “odd.”
  • Paramount to hold investor calls for Warner deal’s $44 billion bond sale: Paramount Skydance (NASDAQ:PSKY), the media and entertainment company, is set to hold calls with investors ahead of a $44 billion bond sale tied to its Warner Bros. Discovery deal. The massive debt raise underscores the scale of financing needed to complete the merger.

Currencies

USD: Down (-0.13%) $0.7057

GBP: Down (-0.28%) $0.5319

EUR: Up (+0.07%) $0.62134

JPY: Down (-0.26%) ¥110.960

AUD: Down (-0.16%) $1.0047

Bitcoin (BTC/CAD): Down (-1.16%) 118,211.5

(Conversion to C$1)

Commodities

Copper: Down (-2.28%) 6.65609

Gold: Down (-3.32%) 4,143.13

WTI: Up (+1.24%) 89.50

Natural Gas: Up (+0.64%) 3.133

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