ROYAL BANK OF CANADA (RY.CA) Stock News
TSX:RY - Toronto Stock Exchange - CA7800871021 - Common Stock - Currency: CAD
RY.CA Latest News, Press Relases and Analysis
Cyclical Downturn in US Dollar: Carrier
Frederique Carrier, Head of Investment Strategy at RBC Wealth Management, sees a cyclical downturn in the US dollar as investors will seek to diversify assets from the US and the US economy is likely to weaken in the second half. She speaks to Bloomberg's Guy Johnson and Anna Edwards on 'The Opening Trade.' (Source: Bloomberg)
Mentions: RY
Adobe Stock Slides as AI Optimism Reportedly Fades, But Retail Remains Defiantly Bullish
Investors are growing cautious about the timeline and payoff of Adobe’s AI initiatives, despite the company beating Q2 estimates and raising its full-year revenue forecast.
Adobe shares slide as investors skeptical of quicker AI-adoption returns
(Reuters) -Adobe's shares dropped 7% in early trading on Friday as investors' concern that the company's AI adoption into its software tools could take longer to fetch returns, overshadowed a raised annual revenue forecast. The company said in April that it would add AI models from OpenAI and Google to Firefly, its generative AI tool. "While guidance was raised and management remains positive around demand generation, it feels like it will take more time to prove out these (AI) initiatives and quiet concerns of competition around GenAI," RBC analysts said in a note.
Jim Cramer's top 10 things to watch in the stock market Friday
Stocks fell and oil prices rose after Israel launched airstrikes on Iran.
What the Israeli attack on Iran and the spike in oil prices mean for markets
Oil prices jumped overnight, but Wall Street is awaiting any retaliation from Iran.
Air India Crash Prompts Boeing Top Execs, Including CEO Ortberg, To Cancel Paris Air Show Visit
The Paris Air Show, which begins Monday, is the aviation industry’s largest trade show and typically sees several deals between aircraft manufacturers and airlines.
Here is Why Patterson-UTI Energy (PTEN) Gained This Week
The share price of Patterson-UTI Energy, Inc. (NASDAQ:PTEN) surged by 14% between June 5 and June 12, 2025, putting it among the Energy Stocks that Gained the Most This Week. Let’s shed some light on the development. Patterson-UTI Energy, Inc. (NASDAQ:PTEN) is a leading provider of drilling and completion services to oil and natural gas […]
Insmed (INSM) Soars After Raising $650 million
We recently published a list of These 10 Stocks Are Flying High. In this article, we are going to take a look at where Insmed Inc. (NASDAQ:INSM) stands against other best-performing stocks on Wednesday. Insmed jumped for a second day on Wednesday, adding 7.75 percent to close at $97.98 apiece following plans to raise $650 […]
RBC’s Wilson Leaves Debt Syndication Desk for Toronto-Dominion
Daniel Wilson is leaving Royal Bank of Canada’s government debt syndication desk to join Toronto-Dominion Bank, according to people familiar with the matter who are not authorized to speak publicly.
Snowflake Rival Databricks Touts Torrid Revenue Growth Rate Amid AI Boom
Snowflake stock has been pressured by views that Databricks is gaining market share as companies develop artificial intelligence applications.
Casey’s General Stores price target raised to $515 from $450 at BMO Capital
BMO Capital raised the firm’s price target on Casey’s General Stores (CASY) to $515 from $450 but keeps a Market Perform rating on the shares after its Q4 earnings beat. The company continues to demonstrate meaningful outperformance relative to c-store peers and industry data points, which along with strong execution, has supported its “impressive consistency” in EBITDA growth, the analyst tells investors in a research note. BMO adds however that the stock’s valuation and higher expectations hav
Stocks Decline on Trade Fears; Air India Crash; Netflix's Plans | Bloomberg Brief 6/12/2025
US equity futures decline as President Trump reiterates his unilateral tariffs will come in a matter of weeks, feeding risk-off sentiment in markets. An Air India plane bound for London crashes carrying 242 passengers. Netflix's co-CEO Greg Peters says the streaming giant has lots of room to grow in Asia as it continues to build rather than buy other firms. Rising tensions in the Middle East fuel swings in the price of oil. Amy Wu Silverman of RBC says the risk of President Trump's tweets is infecting the volatility market. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. (Source: Bloomberg)
Will the Stock Market Keep Soaring in 2025? Wall Street Analysts Are Changing Their Forecasts.
What's Going On With Starbucks Stock Wednesday?
Starbucks Corporation (NASDAQ:SBUX) shares are moving higher on Wednesday. Analysts at RBC Capital and TD Securities weighed in on the stock. Here's what you need to know.
RBC Reiterates Outperform Rating on The Boeing Company (BA), Raises PT to $230
The Boeing Company (NYSE:BA) is one of the best wide moat stocks to buy now. On June 9, RBC Capital Markets maintained an Outperform rating on Boeing and lifted the price target from $200 to $230. RBC analyst Ken Herbert noted positive solid market sentiment ahead of an upcoming airshow and a solid estimate for […]
Citi opens ‘downside 30-day short-term view’ on Kinetik Holdings
Citi analyst Spiro Dounis adds a “downside 30-day short-term view” on shares of Kinetik Holdings (KNTK) while keeping a Buy rating on the name with a $55 price target The firm believes two events tied to the Durango acquisition could represent a short-term overhang. Up to 11.5M shares could come to market due to the lockup expiration on June 24 and deferred compensation of July 1, representing 7% of the total shares outstanding, the analyst tells investors in a research note. Citi estimates thes
Equity Markets Rise Intraday as US-China Trade Talks Continue
US benchmark equity indexes were higher intraday as trade talks with China continued in the UK. T