Akamai jumped 21% on an $11.6 billion Anthropic deal as oil eased on Iran truce hopes and tech stocks got a boost.
Akamai jumped 21% on an $11.6 billion Anthropic deal as oil eased on Iran truce hopes and tech stocks got a boost.

Markets are mixed today as investors digest another wave of earnings while trimming risk in AI momentum names. The TSX is slightly higher, up 0.06%, while the TSX Venture Index is down 0.16%. In the U.S., the Dow is off 0.18% and the Nasdaq is down 0.35% as AI-linked stocks remain under pressure following a volatile earnings season. London’s FTSE 100 is also lower, slipping 0.19%.

Commodities are mixed as well. Gold is moving higher, up 0.50%, supported by renewed defensive demand and war-end optimism, while oil is also firmer, up nearly 1%. Copper is lower as traders pare exposure to industrial metals, and natural gas is down more than 1%. Bitcoin is slightly weaker in Canadian-dollar terms as speculative assets remain choppy.

Market numbers

TSX: Up (+0.06%) 36,167.96

TSXV: Down (‑0.16%) 922.36

DOW: Down (‑0.18%) 54,322.3

NASDAQ: Down (‑0.35%) 29,397.2

FTSE 100: Down (‑0.19%) 10,861.08

In the headlines

  • Sandisk slides despite massive profit growth: Sandisk (NDAQ:SNDK), the memory storage and flash technology company, reported explosive 13,500% profit growth, but its outlook sent the highly volatile stock lower. Investors appear focused on whether AI-driven storage demand can keep pace with stretched expectations.
  • Restaurant Brands posts higher Q2 profit: Restaurant Brands International (TSX:QSR), the parent company of Tim Hortons, Burger King, Popeyes, and Firehouse Subs, reported higher second-quarter profit. Tim Hortons sales growth slowed, but Burger King helped drive overall system-wide growth.
  • AtkinsRéalis profit falls as revenue rises: AtkinsRéalis (TSX:ATRL), the Canadian engineering and infrastructure services company, reported lower second-quarter profit even as revenue rose 10%. The results highlight stronger project activity, but also pressure on margins and year-over-year comparables.

Currencies

USD: Flat (0.00%) $0.7132

GBP: Down (‑0.11%) $0.5290

EUR: Up (+0.08%) $0.61823

JPY: Up (+0.06%) ¥112.668

AUD: Up (+0.18%) $1.0130

Bitcoin (BTC/CAD): Down (‑0.36%) 90,212.5

(Conversion to C$1)

Commodities

Copper: Down (‑0.37%) 6.78321

Gold: Up (+0.50%) 4,268.15

WTI: Up (+0.97%) 74.82

Natural Gas: Down (‑1.23%) 2.643

To stay up-to-date on all of your market news head to Stockhouse.com.

Join the discussion: Find out what everybody’s saying about Sandisk and RBI on August 6th, 2026, on Stockhouse’s stock forums and message boards.


More From The Market Online

Viridian Metals reports step-out drill assays at Kraken project

Viridian Metals reported first assays from southern step-out drilling at its Kraken copper-nickel-cobalt project in Labrador, with more results pending.

Southern Silver Exploration to present at Red Cloud mining showcase

Southern Silver Exploration plans to present at Red Cloud’s Fall Mining Showcase 2026 in Toronto on Oct. 28–29, with a 1:40 pm talk.

Antimony Resources closes $3 million private placement

Antimony Resources closed a $3.0 million private placement to fund exploration and development at its Bald Hill Antimony Project and working capital.

How could bank stocks benefit from a Bank of Canada rate hike?

Laurentian Bank of Canada (TSX:LB) could benefit from a potential Bank of Canada rate hike if higher loan rates expand lending margins.