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SanDisk stock rises on AI storage demand

SanDisk shares jumped nearly 14% on August 13 after the company revealed a $93.9 billion customer backlog and announced plans to achieve 80% non-GAAP gross margins through fiscal 2030 during its Investor Day presentation. Chairman and CEO David Goeckeler said the milestone
canada-inflation-rises-to-3%-as-gas-prices-climb

Canada inflation rises to 3% as gas prices climb

Canada’s inflation rate increased to 3% in July, driven mainly by higher gasoline prices, while economists are closely watching whether new 50% U.S. tariffs will take effect this week and influence the future direction of the Consumer Price Index (CPI). Gasoline prices
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Gold forecast: Gold tests key resistance zone

Gold prices recovered during Friday’s session after declining the previous day, supported by another round of softer US economic data. However, the rebound faces challenges as rising oil prices add pressure to the outlook, leaving gold at a key turning point after
stellantis-considers-brampton-plant-closure-or-sale

Stellantis considers Brampton plant closure or sale

Stellantis is considering the possible closure or sale of the Brampton Assembly Plant, according to Unifor, which said it received information about the company’s plans this week. The union said Stellantis has not yet provided formal written notice of closure, which is
air-canada-sells-aeroplan-stake-for-$2.5b

Air Canada Sells Aeroplan Stake for $2.5B

Air Canada shares surged after the airline announced the sale of a 25% stake in its Aeroplan loyalty program to Blackstone and Canadian pension funds, strengthening its balance sheet with a $2.5 billion cash injection. Air Canada Shares Rise After Aeroplan Deal
cusma-breakdown-could-cost-jobs-in-canada,-us

CUSMA Breakdown Could Cost Jobs in Canada, US

A new economic report warns that the collapse of the Canada-US-Mexico Agreement could result in significant job losses and economic disruption on both sides of the border. Trade Agreement Breakdown Could Impact Jobs A report prepared for the Canadian American Business Council
s&p-500-falls-as-tech-stocks-decline

S&P 500 Falls as Tech Stocks Decline

US stocks moved lower as investors reacted to weakness in major technology companies and renewed uncertainty over the reopening of the Strait of Hormuz. Technology Stocks Pressure Major Indexes The S&P 500 declined 0.32% on Tuesday, closing at 7,728.20 and marking its
us-stocks-slip-as-oil-prices-rise

US stocks slip as oil prices rise

US stocks edged lower from their record highs on Monday, while oil prices climbed as uncertainty remained over when the Strait of Hormuz could reopen and restore global crude shipments. The S&P 500 declined 0.1% from Friday’s record close. The Dow Jones
gold-and-silver-rise-as-markets-weigh-fed-risks

Gold and silver rise as markets weigh Fed risks

Gold and silver prices moved higher in late-afternoon US trading on Monday as investors balanced weaker labour market data from last week against rising oil prices, higher Treasury yields and renewed expectations of Federal Reserve rate hikes. Spot gold traded near $4,358.71
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