Financial News

World's Top Aluminium Smelter Cuts Output Due to Shipping Chaos

The world's largest single-site aluminium smelter in the Middle East cut its output by about 20% on Sunday, marking yet another troubling development for the global economy. The disruption in the Strait of Hormuz is no longer just an energy story - it's now spreading into industrial metals. These second- and third-order effects could soon disrupt global supply chains and tighten aluminium availability, thus pressuring prices higher. Bloomberg reports that Aluminium Bahrain (Alba) began a controlled, safe shutdown of three reduction lines...

BMO Issues Green Bond to Finance Renewable Energy, Green Buildings and Sustainable Agriculture Projects

/CNW/ - BMO today announced the offering of a Euro 500 million Green Bond. The bond proceeds will be used to finance or refinance renewable energy, sustainable...

Urbana Corporation Intersects 4.2 g/t Au over 10 Metres and Begins Second Drill Program

Urbana Corporation (“Urbana” or the “Corporation”) (TSX & CSE: URB; URB.A) is pleased to announce the commencement of a new diamond drilling program (the “2026 Drilling Program”) on its mining property, located in Urban Township, Québec (the “Urban Township Project”), within one of Canada’s most active emerging gold camps following the C$2.16 billion acquisition of Osisko Mining by Gold Fields Limited in 2024.

Silver tumbles Rs 9,000, gold declines Rs 2,950 amid weak global cues

Weak global trends and a stronger US dollar hit the precious metals, analysts saidThe post Silver tumbles Rs 9,000, gold declines Rs 2,950 amid weak global cues appeared first on Greater Kashmir.

Goldman Sachs Mixed on Global Payments (GPN) As Industry Valuation Multiples Remain Under Pressure

Global Payments Inc. (NYSE:GPN) secures a spot on our list of the 11 best very cheap stocks to buy according to billionaires. Goldman Sachs reinstated coverage of Global Payments Inc. (NYSE:GPN) on March 9, 2026, with a “Neutral” rating and an $88 price target, emphasizing the company’s size following its acquisition of Worldpay, which resulted in [...]

Trump-aligned crypto bill boosting digital currency advances at Idaho statehouse

The Idaho State Capitol Building in Boise, Jan. 27, 2026.

S&P/TSX composite and U.S. stock markets up in late-morning trading

Canada’s main stock market was up more than 200 points before midday on Monday and U.S. markets also rose, as the Straight of Hormuz disruption hangs over another week of trading.

Bernstein Upgrades The Cigna Group (CI) From “Market Perform” to “Outperform”

The Cigna Group (NYSE:CI) stands among the 11 best very cheap stocks to buy according to billionaires. On March 12, 2026, The Cigna Group (NYSE:CI) drew attention from analysts at Bernstein. The firm’s analysts expect the stock’s multiple to increase over time, citing the combination of the Pharmacy Benefit Manager reform bill and the FTC [...]

Mixed Investor Sentiment on Capital One Financial (COF), While Management Remains Confident

Capital One Financial Corporation (NYSE:COF) stands among the 11 best very cheap stocks to buy according to billionaires. With over 75% of covering analysts maintaining bullish ratings and a consensus price target of $275.00 (48.75% upside), investor opinion toward Capital One Financial Corporation (NYSE:COF) remains positive, as evidenced by its outperformance relative to the industry [...]

Upstart Stock Surges After BTIG Highlights Overlooked Upside

Upstart Holdings Inc (NASDAQ:UPST) is trading higher on Monday after BTIG upgraded the stock from Neutral to Buy and set a $43 price target. Here’s what you need to know.Upstart Holdings stock is charging ahead with explosive momentum. What’s driving UPST stock higher?Analysts Say Market Overlooked A Major CatalystBTIG analyst Vincent Caintic lifted UPST to Buy after Upstart announced on March 10 that it intends to file applications with the OCC and FDIC to form an insured national bank, Upstart Bank. Caintic said he was surprised the market barely reacted to the news, arguing that a bank charter directly addresses the company's exposure to private‐credit funding cycles — the main reason BTIG had been Neutral.“While there’s no guarantee that Upstart will successfully become a bank, we think UPST’s current share price is both 1) not pricing any potential upside from becoming a bank, and 2) pricing in significant liquidity risk of Upstart losing funding sources,” the analyst wrote in a note ...Full story available on Benzinga.com

European indices off to a positive start for the week

The major European indices are off to a positive start for the week. The gains were led by the UK's FTSE 100 in the German DAX. A snapshot of the closing levels shows:German DAX +0.51%France's CAC +0.31%UK's FTSE 100 +0.55%Spain's Ibex +0.18%Italy's FTSE MIB +0.07%As London/European traders head for the exits, the major US indices remain positive territory:Dow industrial average up 387 points or 0.83% at 46942.59S&P index up 65.04 points or 0.98% at 6697.20.NASDAQ index up 278 points or + 1.26% to 2384.33.Some of the biggest gainers today• Nebius NV (NBIS) +16.63% — strongest move of the day as AI infrastructure names led gains• Dollar Tree (DLTR) +6.14% — discount retail strength as consumer names moved higher• Ciena (CIEN) +5.63% — networking infrastructure demand tied to data and AI growth• Micron (MU) +5.56% — memory chip maker benefiting from AI server demand• Arm (ARM) +5.15% — semiconductor architecture company riding AI chip momentum• Intel (INTC) +4.55% — semiconductor sector rebound helped lift shares• MicroStrategy (MSTR) +4.39% — crypto-linked stock moving higher with Bitcoin•• Synopsys (SNPS) +3.43% — chip design software company benefiting from semiconductor demand• Chipotle Mexican Grill (CMG) +3.43% — consumer discretionary strength• Roblox (RBLX) +3.16% — tech and growth stocks gaining on risk-on sentiment• United Airlines (UAL) +3.08% — travel sector bid on stronger risk appetite• Shopify (SHOP) +3.08% — e-commerce stock rising with growth tech• Stryker (SYK) +3.05% — healthcare equipment maker posting steady gains• Western Digital (WDC) +3.02% — storage and data infrastructure demand• Intuit (INTU) +3.07% — software sector strength helping lift shareLooking at the other markets:Crude oil is trading down $-3.67 or -3.73% and $95.54Gold is trading down $28 or -0.57% at $4989.74.Silver is down $0.37 or -0.45% at $80.21.Bitcoin is trading up around $900 at $73,730 This article was written by Greg Michalowski at investinglive.com.

Investors shifting toward gold economy as volatility rises, Nuway Capital CSO Says