Canada

Renewed risk aversion swept global equity markets, on worries that the Iran war could worsen, which pushed European shares and Japan's Nikkei lower. Hong Kong stocks fell after the Federal Reserve flagged rising inflation concerns, while Chinese tech shares jumped, helping major indexes notch their best month since August.
 

Statistics Canada is set to publish its monthly GDP reading for February, with the economy forecast to have grown 0.2%.

The Bank of Canada kept its key interest rate unchanged as expected and said any changes in the rate could be small if its projections for the economy held true. But Governor Tiff Macklem - citing uncertainty caused by the Middle East war and U.S. tariffs - said if oil prices stayed high and began pushing up inflation, it might have to respond with consecutive rate hikes.

Companies developing cannabis-based medicines say U.S. moves to loosen restrictions on the drug could unlock private funding and the public markets, providing a lifeline to the struggling cannabis industry.

Canadian business jet manufacturer Bombardier reported a 5% rise in first-quarter revenue, helped by robust demand for repair and maintenance services and an additional plane delivery compared with a year earlier.

Canada is set to host a proposed multilateral defence bank designed to help fund the rearmament of nations facing heightened geopolitical risks, the country's finance ministry said in a statement late on Wednesday.

Why have global equity markets been so resilient to the Iran oil shock? Because $100 a barrel oil doesn’t mean what it used to. Brent crude has risen around 70% since the Iran war began on February 28 to over $120 per barrel, as of early Thursday.

 

Arras Minerals Corp. (TSXV: ARK) announce the detailed voting results of the proposals considered at its annual and special meeting of shareholders held on April 28, 2026 (the "Meeting"). A total of 58,766,687 or 48.1% of the Company's issued and outstanding shares as of the record date were represented at the Meeting.

The Company's shareholders have voted to set the number of directors to seven (7) (58,689,942 or 99.9% voted "For", and 76,745 or 0.1% voted "Against”).

The Company's shareholders have ratified and approved the appointment of Smythe LLP as the Company's auditors, for the fiscal year ending October 31, 2026 (58,725,980 or 99.9% voted "For", and 40,707 or 0.1% abstained from voting).

Arras is also pleased to announce that the Company's shareholders have re-approved of certain amendments to the Company's equity incentive plan (55,683,300 or 99.5% voted "For", and 275,620 or 0.5% voted "Against").

Full details of the proposals are fully described in the Company's management information circular filed on March 12, 2026 available on SEDAR at www.sedarplus.ca.  Company's website https://www.arrasminerals.com

Lomiko Metals Inc. (TSXV: LMR) announce closing of the private placement (the “Offering”) for aggregate gross proceeds of C$500,000 through the issuance of 5,000,000 units of the Company (each, a “Unit”) at a price of C$0.10 per Unit. Each Unit consists of one common share of the Company and one-half common share purchase warrant, with each whole warrant entitling the holder to acquire one common share of the Company at a price of C$0.15 per share for a period of three years following the closing of the Offering (the “Closing”).

The Company intends to use the proceeds of the Offering for general working capital purposes, the advancement of the La Loutre natural flake graphite project (the “Project”), and for regional graphite exploration.

All securities issued shall be subject to a hold period expiring four months and one day from the Closing. The Offering remains subject to final acceptance of the TSX Venture Exchange.

The insiders of the Company subscribed for a total of 1,400,000 Units. As such, this participation constitutes a “related party transaction” as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”). Such participation is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101, as neither the fair market value of the Units acquired by the insider nor the consideration for the Units paid by such insider exceeds 25% of the Company’s market capitalization.

The Company did not file a material change report 21 days prior to the closing date of this private placement, as details of the respective participation of such insiders in the financing were unknown at such time.

Resouro Strategic Metals Inc. (ASX: RAU; TSXV: RSM; FSE: 8TX; OTCQB: RSGOF) advises the following changes in substantial holdings in the Company as shown in the tables contained herein.

As a company incorporated in British Columbia, Canada, the provisions of Chapter 6C of the Corporations Act 2001 (Cth) (Corporations Act) dealing with notification of substantial holdings does not apply to CDI holders and shareholders in Resouro. However, pursuant to a Deed of Undertaking entered into between the Company and the ASX, the Company has undertaken to inform to the ASX on becoming aware of a person becoming a substantial holder in the Company within the meaning of section 671B of the Corporations Act, varying its substantial holding by 1% or more or ceasing to be a substantial holder, in each case to the best knowledge of the Company.

Jose Luis Manzano (the "Acquiror") announces that on March 19, 2026, he acquired ownership and control of 6,000,000 CHESS Depository Interests ("CDIs") representing beneficial ownership in 6,000,000 common shares ("Common Shares") of Resouro Strategic Metals Inc. ("Resouro" or the "Issuer") (TSXV: RSM) (ASX: RAU) pursuant to a block trade between the Acquiror and a shareholder of the Issuer through the facilities of the Australian Securities Exchange at a price of A$0.32 per CDI for a total price of A$1,920,000 (approximately C$0.31 per CDI for a total price of approximately C$1,860,000 using the Bank of Canada's exchange rate on such date) (the "CDIs Acquisition").

Prior to the CDIs Acquisition, the Acquiror owned and controlled 10,000,000 Common Shares, representing approximately 9.3% of the issued and outstanding Common Shares. Upon completion of the CDIs Acquisition, the Acquiror owned and controlled a total of 16,000,000 Common Shares (10,000,000 Common Shares and 6,000,000 CDIs), representing approximately 14.9% of the issued and outstanding Common Shares.

Subsequent to the CDIs Acquisition, from March 23, 2026 to March 26, 2026, the Acquiror acquired ownership and control of an additional 2,975,500 Common Shares, representing approximately 2.8% of the issued and outstanding Common Shares, pursuant to a series of market purchases on the TSX Venture Exchange at prices ranging from C$0.23 to C$0.24 for a total price of C$694,694 (the "Common Shares Acquisition"). Upon completion of the Common Shares Acquisition, the Acquiror owns and controls a total of 18,975,500 Common Shares (12,975,500 Common Shares and 6,000,000 CDIs), representing approximately 17.6% of the Issuer's issued and outstanding Common Shares. View original content: http://www.newswire.ca/en/releases/archive/April2026/29/c4349.html

Brunswick Exploration Inc. (TSXV: BRW, OTCQB: BRWXF) announce that it has completed all required work expenditures and share payments to fully exercise its option agreement for the Anatacau Main and West projects (see press release dated November 28, 2022 and Figure 1). BRW has now acquired a 90% interest in both projects and retains a right of first refusal ("ROFR") on the remaining free carried 10% held by Electric Elements Mining Corp.

Anatacau Main - Anais

As a reminder, the Company recently completed a winter drill campaign at the Anatacau Main Project ("Anatacau Main"), where the Anais showing is located, following highly successful exploration work in 2025. Multiple, large and well-mineralized pegmatites have been identified in drill core and several holes still have pending assays which will be released in the coming weeks.

CanPR Technology Ltd. (TSXV: WPR) a leading Canadian technology-enabled immigration service provider, today announced its consolidated financial and operational results for the three and nine months ended February 28, 2026 ("Q3 2026").

Akshat Soni, Co-Founder and CEO of CanPR, "Q3 2026 was a transitional quarter for CanPR as we experienced a temporary decline in revenues while taking deliberate steps to restructure the business and strengthen our cost base. During the quarter, we focused on improving operational efficiency, optimizing our expense structure, and positioning the Company for more sustainable, long-term growth. As we move forward, our priority remains on disciplined execution, enhancing margins, and building the right board and management team to support the next phase of the Company's evolution.”

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/295129

Charbone Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) a North American producer and distributor of clean ultra-high purity ("UHP") hydrogen and industrial gases, is pleased to announce the closing of the secured convertible loan facility (the "Convertible Loan") with RiverFort Global Opportunities PCC Ltd. ("RiverFort" or "Lender") for up to $10 million as previously announced on March 31 and April 23, 2026.

Transaction Overview

Pursuant to the definitive agreements executed with RiverFort, Charbone has successfully completed the initial drawdown in the amount of $3 million (the "Initial Drawdown") under the Convertible Loan, representing the first tranche of up to $10 million in total committed financing. The Convertible Loan is structured as a multi-drawdown secured facility, with additional tranches available to the Company over the term of the agreement, subject to customary conditions and mutual agreement between the parties.

Charbone  and RiverFort will continue to evaluate subsequent drawdowns under the Convertible Loan facility, which may be advanced over time in accordance with the agreement and the Company's capital requirements.

"This closing represents an important milestone for Charbone  as we continue to execute on our growth strategy,"said Benoit Veilleux, Charbone's Chief Financial Officer and Corporate Secretary."The partnership with RiverFort provides flexible, staged capital that aligns with our development timeline and supports the acceleration of our hydrogen infrastructure buildout."

Dryden Gold Corp. (TSXV: DRY) (OTCQX: DRYGF) (FSE: X7W) announces that, further to the investor rights agreement between the Company and Centerra Gold Inc ("Centerra") dated December 17, 2024, (the "Centerra IRA"), the Company has issued to the Centerra an aggregate of 440,000 common shares at a price of $0.32 per share for aggregate consideration of $140,800, calculated using the five day volume weighted average price in accordance with the Centerra IRA. The Company received notice of their intention to exercise their 'top-up right', to retain its 9.99% interest in the Company, as it relates to certain share issuances completed by the Company through March 31, 2026 (see press release dated April 8, 2026). The share issuances were related to option payments warrant and option exercises in Q1, 2026 . An amount equal to the gross proceeds from the share issuance will be used for general corporate purposes A copy of the Centerra IRA is available on the Company's SEDAR+ profile. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/294882

Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO(TSXV:EOG), the oil and gas exploration company focused on the offshore Atlantic Margins, is pleased to provide an update, further to the Company's announcement on March 11, 2026, regarding the proposed acquisition of JHI Associates, Inc. ("JHI") by way of a court-approved plan of arrangement (the "Arrangement").

Eco confirms that JHI has successfully obtained an interim order (the "Interim Order") from the Ontario Superior Court of Justice (Commercial List) (the "Court"), which provides for, inter alia, the calling, holding, and conducting of the annual and special shareholders' meeting and other procedural matters in connection with the Arrangement. The receipt of the Interim Order is a key milestone in the transaction process and allows JHI to proceed with seeking final shareholders' approval.

JHI has set its annual and special meeting of shareholders for May 12, 2026, at 10:00 a.m. (Toronto time). At the meeting, JHI shareholders will be asked to, among other things, pass a special resolution approving the Arrangement with Eco. Approval of the Arrangement requires at least two-thirds of the votes cast by JHI shareholders present at the meeting, in person or by proxy. Eco is informed that shareholders representing approximately 60% of JHI's outstanding shares have already entered into voting support agreements in favour of the Arrangement, demonstrating strong alignment on the transaction. View the original press release on ACCESS Newswire

Eminent Gold Corp. (TSXV: EMNT) (OTCQB: EMGDF) (FSE: 7AB) announce the appointment of Justin B. Milliard, Ph.D., as Vice President of Exploration, effective immediately.

Dr. Milliard's appointment comes at a pivotal time as the Company prepares to commence the second phase of drilling at its 100%-owned Hot Springs Range Project ("HSRP"), advancing the discovery and delineation of its emerging Carlin-style oxide gold system.

View original content to download multimedia:https://www.prnewswire.com/news-releases/eminent-appoints-dr-justin-b-milliard-as-vp-exploration-302758456.html

Glenstar Minerals Inc. (CSE: GSTR) (OTCQB: GSTRF) (FSE: VO20) announces that the Phase 1 reverse circulation drill program at the Company's Wildhorse Project in Mineral County, Nevada, (see news release dated April 14, 2026) is underway and work is currently focused on the Rattlesnake Zone. Drilling began at the Coca Cola Zone and four (4) holes were completed in the target area during week one of the planned three-week program. A number of narrow intervals of strong alteration with local copper oxide mineralization were encountered prior to the drill rig being moved to the Rattlesnake Zone, which lies approximately 1,600 feet to the northeast of the Coca Cola Zone.

Hole RTSRC-1 intersected several multi meter scale intervals of strong oxide alteration/mineralization from surface to 345 feet. From 345 to 385 feet a partially oxidized zone of strong sulfide mineralization, quartz veinlets and silicification was intersected. Field identified sulfide minerals include chalcopyrite and fine-grained silver-grey minerals. The mineralized interval emits a strong odor of hydrogen sulfide. Sulfide abundance is estimated at 5%. Oxide minerals are present on fracture and range in color from yellow to orange to bright blue. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/294799

Homeland Uranium Corp. (TSXV: HLU) (OTCQB: HLUCF) (FSE: D3U) reports the first tranche of geochemical assay results from its recently completed Phase II exploration drilling program at the 100%-owned Coyote Basin Uranium Project (the "Project") (Figure 1).

Geochemical assay results have been received for eight of the thirty-three drillholes (not including one lost hole) completed during the Phase II program: CB-RC-0025, CB-RC-0026, CB-RC-0027, CB-RC-0028, CB-RC-0029, CB-RC-0030, CB-RC-0031, and CB-RC-0032 (see Table 1 below). All eight holes are located in the northern portion of the Southern Drill Area (Figure 2). All analyzed samples from each drill hole returned uranium concentrations of less than or equal to 30 parts per million ("ppm") U. Samples were collected from drill cuttings obtained from within the zones of elevated radioactivity identified through downhole spectral gamma ray probing. These geochemical results are lower than initially anticipated based on radiometric response. Geochemical results from the remaining twenty-four holes have yet to be received, including those from all holes drilled in the Central Drill Area. SOURCE Homeland Uranium Corp.

https://api.newsfilecorp.com/newsinfo/295102/130

Integra Resources Corp.  (TSXV: ITR) (NYSE American: ITRG) announce that it has received the National Environmental Policy Act ("NEPA") Decision Record and Reclamation Permit approving its Exploration Plan of Operations (the "EPO") for the Wildcat deposit ("Wildcat" or the "Wildcat Deposit") located in Pershing County, Nevada. This approval represents a significant permitting milestone for this component of the Company's Nevada North Project ("Nevada North" or the "Project"), which includes both the Wildcat and Mountain View gold deposits, situated approximately 26 miles west of the Company's producing Florida Canyon Mine ("Florida Canyon").

The NEPA Decision Record, submitted by the United States Department of the Interior Bureau of Land Management (the "BLM") Humboldt River Field Office, authorizes the Final Environmental Assessment and the associated Finding of No Significant Impact (the "FONSI") for the Wildcat Deposit. The Reclamation Permit, granted by the Nevada Division of Environmental Protection's Bureau of Mining Regulation and Reclamation (the "BMRR"), authorizes expanded exploration and development activities at Wildcat under a comprehensive EPO and establishes appropriate financial assurance based on an agency-reviewed reclamation cost estimate. This milestone follows the previously announced approval of an EPO for the Mountain View deposit earlier this year, further demonstrating continued permitting advancement across the broader Nevada North Project portfolio.

Kidoz Inc. (TSXV: KDOZ)(OTCQB:KDOZF) a full-stack in-game AdTech platform powered by contextual AI, announced today its audited financial results for the year ended December 31, 2025. All amounts are presented in United States dollars and are in accordance with United States Generally Accepted Accounting Principles.

"2025 was a year of strong revenue growth and continued investment in the Company's technology and infrastructure," said Jason Williams, CEO of Kidoz Inc. "We expanded our platform capabilities, increased our global reach, and strengthened our position in high-performance mobile advertising without using personal data tracking. These investments are designed to support continued growth and scalability in the years ahead."

Kidoz's financial performance continues to reflect the scalable nature of its platform, with revenue growth outpacing operating expense growth and supporting positive operating leverage. As the Company expands its global reach and monetization capabilities, incremental revenue is expected to contribute at increasing levels to operating income over time. Management remains focused on balancing disciplined investment in growth initiatives with improving operating efficiency, aiming to position the business to deliver increasing profitability as it scales. View the original press release on ACCESS Newswire

Luxxfolio Holdings Inc. (CSE: LUXX) (OTCQB: LUXFF) (FSE: LUH0) announce that it has filed a CSE Form 5A - Annual Listing Summary (the "Form 5A") with the Canadian Securities Exchange.

The Form 5A contains comprehensive disclosure regarding, among other things, the Company's business, management, and recent developments. The Form 5A is available under the Company's issuer profile at https://www.thecse.com.

MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRA: 89N) announce that it has retained GLJ Ltd., a premier Calgary-based energy consulting group, to advance the commercial evaluation of the Lawson Natural Hydrogen system near Central Butte, Saskatchewan, following recent 3D seismic results that materially expand the interpreted scale of the project.

MAX Power continues to review robust results from the 3D seismic survey that highlight the potential for multiple producing wells within the 28 sq. km Lawson Complex (refer to April 21, 2026 news release), part of the broader 475-km Genesis Trend where dozens of additional prospects have been identified including Lawson Southwest, approximately 12 km from original discovery. As a global leader in subsurface resource assessment and reservoir engineering, GLJ's expertise will focus on modeling and estimation of the resource potential and near-term commercial development prospects of the broader Lawson Complex. GLJ's expertise will also help optimize the upcoming expanded drill program at Lawson where commercial deposits of both Natural Hydrogen and Helium will be targeted.

By engaging GLJ Ltd., MAX Power has ensured that Canada's first-ever Natural Hydrogen subsurface system is independently evaluated to the highest industry standards.

PharmaCorp RX. (TSXV: PCRX) a Canadian pharmacy acquisition and ownership platform for pharmacist-led community pharmacy ownership, today reported its financial results for fourth quarter and year ended December 31, 2025.

“Our financial results reflect our steady progress in scaling the business through disciplined M&A, the successful integration of recently acquired stores, and the operational excellence of our pharmacies,” said Alan Simpson, Executive Chairman of PharmaCorp. “Looking ahead, the ongoing interest from independent pharmacy owners considering their succession options continues to fuel the expansion of our unique pipeline of M&A opportunities across Canada. We remain confident in our ability to further scale our business through accretive transactions in fiscal 2026 as we work towards building a national platform.”

accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8320f2ec-cdf5-4bc6-b283-0ee470d32539.

Pirate Gold Corp.(TSXV: YARR) (OTCQB: SICNF) further to its December 19, 2025 news release the Company advises that it has filed an amending agreement with the TSXV in regards to its acquisition of four mineral licences from Paradigm Minerals Inc.("Paradigm"), Ian Farrell, and Katie Lewis. The amount of consideration payable remains the same but has been reallocated so that the Company will now make a one-time cash payment of $400 to Ian Farrell and $11,960 to Paradigm, and will issue 280,000 common shares to Paradigm and 20,000 common shares to Ian Farrell. All other terms of the agreement remain unchanged. Website: www.pirategold.ca

SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPU.F) announced its audited financial results for the year ended December 31, 2025.

Audited financial statements, AIF and MD&A are filed on SEDAR+ (www.sedarplus.ca) and available at www.bysato.com. All amounts are in Canadian dollars. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/295092

TempraMed Technologies Ltd.(CSE: VIVI) (FSE: 9DY) a medical-technology innovator transforming how temperature-sensitive medications are stored and managed, is pleased to announce that it has continued out of the provincial jurisdiction of British Columbia under the Business Corporations Act (British Columbia) into the provincial jurisdiction of Ontario under the Business Corporations Act (Ontario) (the "OBCA"). Shareholders approved the continuance into the OBCA by special resolution at the Company's special meeting of shareholders held on April 10, 2026.

In connection with the continuance, the Company has replaced its notice of articles and articles with new articles of continuance and by-laws, respectively, under the OBCA, which can be accessed at the Company's profile at www.sedarplus.ca. The CUSIP / ISIN numbers for the Company's common shares and the stock symbol for the Company's common shares remain unchanged.

West Point Gold Corp. (TSXV: WPG) (OTCQB: WPGCF) (FSE: LRA0) announce that the Company's board of directors has approved a grant of stock options to a new officer and to consultants of the Company, pursuant to the Company's 2020 stock option plan. A total of 800,000 stock options have been granted to acquire common shares in the capital of the Company at an exercise price of $1.53 per share. These stock options expire on April 29, 2031. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/295018

ECONOMIC DATA
0830 GDP MM for Feb: Expected 0.2%; Prior 0.1%
0830 Average Weekly Earnings YY: for Feb: Prior 2.02%

COMPANY EARNINGS
Advantage Energy Ltd: Expected Q1 earnings of 30 Canadian cents per share
Agnico Eagle Mines Ltd: Expected Q1 earnings of $3.26 per share
Air Canada: Expected Q1 loss of 42 Canadian cents per share
AltaGas Ltd: Expected Q1 earnings of C$1.24 per share
Badger Infrastructure Solutions Ltd: Expected Q1 earnings of 17 cents per share
Eldorado Gold Corp: Expected Q1 earnings of 67 cents per share
Fairfax Financial Holdings Ltd: Expected Q1 earnings of $48.57 per share
Headwater Exploration Inc: Expected Q1 earnings of 14 Canadian cents per share
SECURE Waste Infrastructure Corp: Expected Q1 earnings of 23 Canadian cents per share

World Markets

US

U.S. futures are higher, as investors weighed strong tech earnings against renewed inflation worries sparked by oil prices hitting their highest in over four years. Investors will await key economic indicators later in the day including PCE inflation data and first-quarter advance GDP estimate. Additionally, Apple is due to report second-quarter earnings after markets close.

Alphabet Inc: The company’s blowout cloud growth has reset expectations across major tech companies, leaving investors to recalibrate which firms are delivering the clearest returns. All four of the U.S. tech giants that reported results on Wednesday signaled that spending on artificial intelligence would not slow down, with combined outlays now set to surpass $700 billion this year, up from around $600 billion previously. Alphabet shares jumped in premarket trading on Thursday, while Meta stock fell. Amazon shares rose, while those of Microsoft dipped. The reactions underscore a growing divide as the biggest tech companies pour record sums into AI infrastructure, with investors increasingly rewarding those that are translating spending into clear revenue growth.

Amazon.com Inc: The company on Wednesday reported cloud sales growth above Wall Street expectations, driven by strong enterprise spending as companies continue to devote tremendous resources to their artificial intelligence efforts. CEO Andy Jassy said the company was maintaining its target for $200 billion in AI investment this year, a relief to investors who have seen Big Tech relentlessly hike capital spending forecasts into the hundreds of billions in the rush to build out data-center capacity needed for AI workloads. Shares rose nearly 4% in volatile after-hours action. Revenue at Amazon Web Services (AWS) jumped 28% to $37.6 billion in the first quarter, beating analysts' average estimate for a 25% increase, according to LSEG. Net sales overall grew to $181.5 billion.

Apollo Global Management Inc, Blackstone Inc & KKR & Co Inc: Apollo Global Management, Blackstone and KKR are battling it out to acquire a significant stake in the mammoth LNG Canada project from energy major Shell, three people familiar with the matter said. The trio, among the world's largest asset management firms, are the remaining bidders in the auction process, run by Shell, which also garnered interest from other large money managers and infrastructure investors. Any deal is expected to be valued well north of $10 billion and could reach as high as $15 billion, according to some of the people. Everyone who spoke with Reuters asked not to be identified because the bidding is confidential.

Boeing Co: Bangladesh is set to sign a deal on Thursday to buy 14 aircraft from U.S. planemaker Boeing, officials said, a move that marks a shift away from Europe's Airbus amid trade pressure from Washington. Officials did not disclose the value of the deal, which will provide a mix of narrow-body and wide-body aircraft to Biman Bangladesh Airlines as the national carrier looks to modernise its fleet and expand capacity to meet rising demand. The agreement is expected to be signed on Thursday evening in Dhaka, an official from the aviation ministry and an official from Biman said. They spoke on condition of anonymity because they were not authorised to speak to the media.

Ford Motor Co & General Motors Co: Some automakers this week got a first-quarter profit boost – at least on paper - from future refunds of tariff payments they made to the U.S. government, risking potential ire from U.S. President Donald Trump. This week, several car companies began recording that expected refund income on their books, totalling about $2.3 billion, becoming among the first companies to quantify what they are owed by the government. Ford Motor told investors it is due to be reimbursed $1.3 billion that it paid under a 1977 law called the International Emergency Economic Powers Act, or IEEPA. General Motors anticipates recovering $500 million it paid in import taxes under that law.

L3Harris Technologies Inc: The defense supplier said on Wednesday it has confidentially submitted a draft registration statement for the initial public offering of its missile solutions business. The company said the number of shares to be offered and the price range for the proposed IPO are yet to be determined. In January, L3Harris said it plans to sell new equity in its growing rocket motor business, creating a standalone company backed by a $1 billion U.S. government investment in the form of convertible security.

Meta Platforms Inc: The Facebook parent raised its annual capital spending forecast on Wednesday, signaling plans to pour billions more into artificial intelligence infrastructure even as it confronts potential losses from a global youth backlash against social media. The Facebook and Instagram parent projected 2026 capital expenditure between $125 billion and $145 billion, compared with its prior forecast of $115 billion to $135 billion. Meta also warned that legal and regulatory blowback in the European Union and the U.S. "could significantly impact our business and financial results," after years of mounting criticism about children's safety on social media. The company reported first-quarter revenue of $56.31 billion, beating the LSEG-compiled analysts' average estimate of $55.45 billion. It expects second-quarter revenue of $58 billion to $61 billion, largely in line with estimates of $59.5 billion.

Microsoft Corp: The company on Wednesday forecast that sales at its Azure cloud business would beat Wall Street estimates, and the software giant unveiled plans for 2026 capital spending of $190 billion, which also surpassed expectations. After the forecast, Microsoft shares were even with their close, rebounding from a fall in extended trading after quarterly results showed only a modest increase in cloud revenue growth. Microsoft said it expects revenue for its Azure and other cloud services business to grow between 39% and 40%, in constant currency, in the fiscal fourth quarter, which would beat the estimate of 36.7% growth from Visible Alpha. Revenue at the unit rose 40% in the fiscal third quarter, quicker than the 39% growth in the previous three months, but in line with a consensus estimate.

Nvidia Corp: Strong demand for AI computing equipment in China has nearly doubled prices for Nvidia's B300 servers to about 7 million yuan ($1 million) each, industry sources said, as a crackdown on chip smuggling dries up black-market supply. Prices of Nvidia's most advanced and powerful server, critical for artificial intelligence tasks, have climbed since early this year, but rose sharply after the grey market, a key supply channel, came under pressure, the four sources said. The price surge is also being driven by robust computing demand from Chinese technology companies, even as many avoid holding Nvidia hardware directly on their books for fear of exposure to U.S. sanctions, the sources said.

Qualcomm Inc: The company’s shares jumped before the bell, as investors latched on to the chief executive's optimism about a recovery in its smartphone business and data center opportunities, eclipsing a weak third-quarter forecast. CEO Cristiano Amon, in an interview with Reuters on Wednesday, said the company was confident that the smartphone market will start to rebound after its fiscal third quarter. Qualcomm, one of the world's largest suppliers of smartphone chips, has increasingly sought to reduce its dependence on the cyclical handset market by expanding into high-growth segments such as data center processors and autonomous vehicle chips. The diversification strategy follows heightened uncertainty from smartphone makers this year, as a sharp rise in memory chip prices has driven up the cost of global consumer electronics, prompting customers to rein in purchases.

Union Pacific Corp & Norfolk Southern Corp: A coalition of business groups, rival railroads and organized labor on Wednesday said it opposes Union Pacific's proposed $85 billion merger with Norfolk Southern, a day before the pair are set to file a revised application with the Surface Transportation Board. The coalition - which includes the American Chemistry Council, the American Farm Bureau Federation, Teamsters Rail Conference, BNSF Railway, CPKC Railway, Alliance for Chemical Distribution, National Industrial Transportation League and Vinyl Institute - argues the deal will reduce competition and increase costs for manufacturers, farmers and consumers.

ECONOMIC DATA
0830 Personal consumption real MM for March: Prior 0.1%
0830 Personal income MM for March: Expected 0.3%; Prior -0.1%
0830 Consumption, adjusted MM for March: Expected 0.9%; Prior 0.5%
0830 Continued jobless claims: Expected 1.815 mln; Prior 1.821 mln
0830 Core PCE price index MM for March: Expected 0.3%; Prior 0.4%
0830 Core PCE price index YY for March: Expected 3.2%; Prior 3%
0830 Core PCE prices advance for Q1: Expected 4.1%; Prior 2.7%
0830 PCE excluding food, energy & hsg (a) for Q1: Prior 2.7%
0830 PCE price index MM for March: Expected 0.7%; Prior 0.4%
0830 PCE price index YY for March: Expected 3.5%; Prior 2.8%
0830 PCE prices advance for Q1: Expected 3.8%; Prior 2.9%
0830 PCE prices excluding food, energy & hsg for March: Prior 0.4%
0830 PCE services excluding energy & hsg (a) for Q1: Prior 3.6%
0830 PCE services price excluding energy & hsg for March: Prior 0.2%
0830 GDP advance for Q1: Expected 2.3%; Prior 0.5%
0830 GDP consumption spending advance for Q1: Prior 1.9%
0830 GDP deflator advance for Q1: Expected 3.8%; Prior 3.7%
0830 GDP sales advance for Q1: Prior 0.3%
0830 Initial jobless claims: Expected 215,000; Prior 214,000
0830 Jobless claims 4-week average : Prior 210,750
0830 Employment benefits QQ for Q1: Prior 0.7%
0830 Employment costs for Q1: Expected 0.8%; Prior 0.7%
0830 Employment wages QQ for Q1: Prior 0.7%
1000 Leading index change MM for Feb: Expected -0.1%; Prior -0.1%

Europe / Asia

Source (but not limited to) AP, CNBC, Dow Jones, Financial Post, Financial Times, Globe & Mail, KITCO, LSEG, Thomson Reuters, Refinitiv.