TSX futures gained ground before Wednesday’s market open thanks to recoveries in the price of gold, despite stronger-than-expected US inflation data in October, and in the price of oil, driven by Iran’s refusal to part with material related to its nuclear enrichment program as part of a ceasefire deal with the United States.
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US futures also rose, supported by CoreWeave beating Q3 revenue and earnings estimates, OpenAI’s exponential revenue growth, and signs of solid demand for Anthropic’s upcoming IPO, all of which is serving to ease investor concerns about the AI sector’s value-creation potential.
Market numbers
TSX: Down (-0.76%), 36,170.45.
TSXV: Down (-1.67%), 822.09.
DOW: Up (0.05%), 52,313.
NASDAQ: Up (1.44%), 28,259.30.
FTSE: Down (-0.22%), 10,787.79.
In the headlines
CoreWeave (NASDAQ:CRWV) collected US$3.66 billion in revenue in Q3 2026, up from US$1.36 billion year-over-year (YoY), while earning US$252 million in operating income, up from US$52 million YoY, reflecting expanding customer relationships and the rapid scaling of the company’s AI infrastructure. Leadership expects adjusted operating income to land between US$1.275 billion to US$1.375 billion for the year.
Barrick Mining (TSX:ABX) is advancing with the proposed spin-out of its North American gold assets, recently announcing that the new company will be known as American Barrick Gold, in addition to filing an S-1 form, the initial registration statement required by the US Securities and Exchange Commission for a public offering. The news follows Barrick’s impressive Q3, which saw the major gold and copper producer post profitable growth, while remaining on track to meet full-year production guidance.
Currencies
USD: Down (-0.33%), US$0.7021.
GBP: Down (-0.08%), £0.5273.
EUR: Down (-0.02%), €0.63113.
JPY: Down (-0.05%), ¥111.846.
AUD: Down (-0.25%), A$1.0235.
Bitcoin: Up (0.64%), C$105,259.40.
Commodities
Copper: Up (0.40%), US$6.37789.
Gold: Up (0.24%), US$4,042.85.
WTI: Down (-0.66%), US$90.
Natural Gas: Up (1.37%), US$3.337.
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