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

The TSX is up 0.43%, while the TSX Venture Index is sharply higher by 2.76%, as Canadian equities push higher following optimism tied to an extended Iran ceasefire and renewed risk‑on positioning. U.S. markets are slightly weaker, with the Dow down 0.13% and the Nasdaq off 0.25%, as Wall Street pauses after recently setting fresh records. In Europe, the FTSE 100 is lower by 0.40%, reflecting more cautious sentiment overseas.

Commodities are mixed. Oil is climbing again, up nearly 1.7%, as energy markets balance ceasefire optimism against ongoing supply risk. Gold is slipping modestly, down 0.21%, while copper is under pressure. Natural gas is rallying more than 2%, and Bitcoin is lower in Canadian‑dollar terms, down just over 0.5%, as crypto consolidates after a strong run.

Market numbers

TSX: Up (+0.43%), 33,955.11

TSXV: Up (+2.76%), 1,050.86

DOW: Down (‑0.13%), 49,242.7

NASDAQ: Down (‑0.25%), 26,873.2

FTSE 100: Down (‑0.40%), 10,433.79

In the headlines

  • IBM slides despite double earnings beat: IBM (TSX:IBM), the global enterprise‑technology and consulting company, fell after delivering a double beat on earnings and revenue but issuing weaker‑than‑expected forward guidance. Investors focused on slower growth expectations in its software and services businesses.
  • Tesla dips after revenue miss and heavy capex: Tesla (TSX:TSLA), the electric‑vehicle and clean‑energy manufacturer led by Elon Musk, slipped after narrowly missing revenue expectations and outlining high capital‑expenditure plans. While profits surged 136%, investors remain cautious about growth and spending discipline.

Currencies

USD: Down (‑0.09%), $0.7307

GBP: Up (+0.04%), $0.5419

EUR: Up (+0.07%), $0.62526

JPY: Down (‑0.04%), ¥116.602

AUD: Up (+0.16%), $1.0231

Bitcoin (BTC/CAD): Down (‑0.56%), 106,437.2

(Conversion to C$1)

Commodities

Copper: Down (‑1.08%), 6.12425

Gold: Down (‑0.21%), 4,730.20

WTI: Up (+1.68%), 92.87

Natural Gas: Up (+2.42%), 2.788

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