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With 90% of planned hyperscale facilities located in the province, Alberta’s reliance on a grid that is 60% natural gas-intensive creates a stark divergence from Canada’s national climate objectives.
Event coverage
US stock markets rose on Thursday as President Donald Trump and Chinese President Xi Jinping commenced a two-day summit in Beijing, marking the first visit by an American president to China since 2017. The Dow Jones Industrial Average gained 0.8%, the S&P 500 rose 0.3%, and the Nasdaq Composite climbed 0.2%. Nvidia shares surged more than 2% following news that the US approved H200 chip sales to Chinese firms, although the long-term impact on export control policies remains uncertain. The summit agenda includes trade, artificial intelligence, and the Strait of Hormuz, with US CEOs including Elon Musk, Tim Cook, and Jensen Huang in attendance. Separately, Cisco shares jumped after reporting strong quarterly earnings and announcing a restructuring plan involving approximately 4,000 job cuts.
Amazon.com, Inc. (AMZN) shares surged 31.9% in a single month following the release of its fourth-quarter fiscal 2025 report. The company reported revenue of $213.4 billion, a 12% increase year-on-year, and operating income of $25 billion, both figures exceeding market expectations. This rally is attributed to strong investor demand and significant institutional buying pressure, with proprietary data indicating 62 'Big Money outlier inflow signals' since the company's inception in 2002. Over that period, the stock has appreciated by 23,545%. Analysts project earnings per share (EPS) to rise by 16.8% this year, while the company has provided forward guidance for revenue up to $178.5 billion and operating income up to $21.5 billion.
Fact cards
What was the first visit by an American president to China since? 2017 Which US CEOs are attending the Beijing summit? Elon Musk, Tim Cook, and Jensen Huang What topics are on the summit agenda? Trade, artificial intelligence, and the Strait of Hormuz How much did Nvidia shares s
14 May 2026: US President Donald Trump arrives in Beijing for a two-day summit with Chinese President Xi Jinping, accompanied by a delegation of major technology executives. Thursday (Current): US stock markets rise as the summit begins; the Dow Jones Industrial Average gains 0.8
Key entities: Donald Trump, Xi Jinping, Nvidia, Cisco, Elon Musk, Tim Cook, Jensen Huang, Dow Jones Industrial Average.
US stock markets rose on Thursday as President Donald Trump and Chinese President Xi Jinping commenced a two-day summit in Beijing, marking the first visit by an American president to China since 2017. The Dow Jones Industrial Average gained 0.8%, the S&P 500 rose 0.3%, and the N
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International General Insurance receives clearance from the International Financial Services Centres Authority to establish a reinsurance branch in Gujarat, integrating into its existing global network.
More than 100 days into the conflict, 20 per cent of global energy flows remain disrupted, marking the largest supply shock in history, though prices have avoided the worst-case scenario of exceeding $200.
A Yahoo Finance report highlights how average medical expenditures and long-term care risks threaten retirement stability, prompting experts to recommend strict withdrawal rates and insurance strategies.
The Flex Build initiative targets customers with limited credit histories, offering a £250 limit and a £7m risk guarantee to encourage responsible borrowing and credit score building.
The confirmed price of $10.6 billion exceeds initial estimates of more than $9 billion, as the sector responds to looming patent expirations and strong public markets.
Independent experts and a whistleblower challenge the company’s mass-production claims, citing electrochemical evidence and a network of shell companies.
The maker of ChatGPT has submitted a confidential registration statement to the US Securities and Exchange Commission, marking the formal start of its journey toward an initial public offering.
With Elon Musk’s SpaceX preparing for its initial public offering, investors face a choice between capitalising on IPO hype and cash flow strength, or waiting to avoid post-listing volatility and fundamental uncertainty.
Levi Strauss & Co seeks injunction, sales data disclosure and damages in Northern District of California, citing irreparable harm to its global brand reputation.
Analysts warn post-war oil landscape will prioritise redundancy over single-point reliance, while rising Venezuelan output adds pressure to global crude markets.
Greg Boutle of BNP Paribas estimates combined retail and passive fund selling could reach $50 billion, compounding end-of-quarter rebalancing and secondary offerings from tech giants.
Donald Trump claims diplomatic agreement with Tehran is in final stages, with potential resolution to restore vital shipping lanes within 72 hours.
New analysis from Iggy on Investing Newsletter suggests Insperity Inc. is undervalued, citing strong cash flow yields and retention rates that defy current market sentiment around artificial intelligence disruption.
With a trailing P/E of 201.57 and shares trading at $137.86, Chord Energy is positioned as a leveraged play on structurally higher crude prices, according to a new analysis from Old Rope Research.
A June 7 analysis of the iShares U.S. Aerospace & Defense ETF and ARK Space & Defense Innovation ETF underscores diverging strategies in a sector at generational spending highs.
With SpaceX’s target $2 trillion valuation drawing criticism for its high multiple and significant net losses, a recent Yahoo Finance analysis suggests investors may find better value in Rocket Lab, which offers a simpler business model and projected profitability by 2028.
The new service, powered by the company’s GAIN Platform, targets mission-critical legacy environments and claims to accelerate project delivery by over 30 per cent.
The Financial Times reports that SpaceX is preparing to list on public markets with a valuation of $1.78 trillion, asking investors to price in future advances in artificial intelligence, Starlink, and space-based computing long before lift-off.
Indium phosphide demand drives growth for AXT, Inc., with management targeting a doubling of production capacity by year-end amid surging hyperscale data centre requirements.
The company’s shares climbed from approximately $806 to $1,049 following a $2 billion multi-year agreement with Nvidia and strong quarterly earnings that beat estimates.
New customs data reveals China’s trade sector outperformed expectations in May, challenging narratives of economic stagnation linked to the ongoing conflict in Iran.
The US Department of Defence has designated Chinese corporate giants Alibaba, BYD, and Baidu as 'Chinese military companies', barring them from defence contracts and drawing sharp condemnation from Beijing.
Federal Reserve and Bureau of Labor Statistics data show less than 30% of current workers have access to pensions, compared to over half of those aged 65 and older, with government employees faring significantly better than their private-sector counterparts.