54m ago
S&P/TSX Composite rises 203 points to 36,009 as Aecon jumps on near C$3 billion Pickering contract
Canada’s S&P/TSX Composite Index rose 203 points to 36,009 on Tuesday, its highest close in nine sessions. Aecon Group surged more than 8% after winning nearly C$3 billion in contracts tied to the Pickering Nuclear Generating Station Refurbishment Project, while CAE climbed more than 5%. Strength in crude oil and copper supported the market, though weaker precious metals and uncertainty around Canadian potash exports to the U.S. capped gains.
54m ago
1h ago
Nvidia guides October-quarter revenue to $108 billion, keeps gross margin floor at 71%
Nvidia guided October-quarter revenue to $108 billion and forecast a 74% gross margin, while setting a 71% gross-margin floor for January—both above key thresholds. The company said the Rubin platform lifts revenue per gigawatt by 60%, supporting a target of 70% revenue growth in fiscal 2028 that it expects to outpace Wall Street forecasts. Risks include $36 billion in guaranteed AI cloud revenue floors, though free cash flow and demand-driven shortages are cited as supports for continued growth confidence.
1h ago
1h ago
Samsung India Electronics FY26 profit drops 36% to Rs 7,228.10 crore as mobile revenue slips
Samsung India Electronics reported a 36% year-on-year fall in profit to Rs 7,228.10 crore for the financial year ended March 31, 2026, according to a RoC filing. Revenue from operations edged up 1.2% to Rs 1.12 lakh crore. Revenue from its HHP (Hand Held Phones) business, including mobile phones and accessories, declined 1.35% to Rs 81,472.2 crore. Total export revenue fell 5.64% to Rs 41,068.60 crore.
1h ago