Global Markets
Canadian Markets
Canada’s TSX index moved higher, supported by strength in financial stocks even as Oil prices slid nearly 2% on signs of weakening global demand, while gold prices eased modestly, reflecting a pullback in safe-haven demand as investors weighed shifting monetary policy expectations.
Canadian households grew more financially stretched in the second quarter of 2025, as Statistics Canada reported that the debt-to-disposable income ratio rose, reflecting mounting pressure from high interest rates, elevated housing costs, and weak income growth. The measure, which tracks how much debt Canadians owe for every dollar of disposable income, ticked up compared to the previous quarter, underscoring rising financial vulnerabilities despite signs of economic slowdown. Analysts note that much of the increase stems from mortgage debt, as households continue to feel the effects of past borrowing at record-high home prices. At the same time, consumer credit growth remains strong, suggesting that households are relying more on credit cards and lines of credit to cover day-to-day expenses amid rising costs.
American Markets
U.S. stocks climbed with all three indexes hit intraday all-time highs. Markets looked past a hotter-than-expected August CPI monthly increase of 0.4%, focusing instead on the annual rate of 2.9%, which met expectations, and a core CPI rise of 0.3% monthly and 3.1% annually, also in line. The inflation data, combined with a surprise jump in weekly jobless claims reinforced bets that the Federal Reserve will cut rates by 0.25% next week, with rising odds of a 0.50% cut. The 10-year Treasury yield fell to 4%, supporting equities. Data released showed that American household net worth rebounded to a new record high in Q2.
European Markets
European shares moved higher in choppy trade, led by gains in defense stocks, as markets positioned ahead of the European Central Bank’s policy decision. Investors widely expect the ECB to hold rates steady, with rising conviction that the central bank is finished cutting rates for this cycle. Economic signals, however, remained mixed. German business insolvencies rose 12.2% in the first half of the year, reflecting mounting stress on companies from sluggish demand and higher borrowing costs. In France, the INSEE statistics agency forecast the economy to grow 0.8% in 2025, pointing to resilience in manufacturing and services after a period of weakness.
UK equities posted strong gains as investors pushed industrial and banks stocks higher on positive news and digested a wave of corporate earnings releases. Still, concerns lingered in the housing sector, where the RICS survey showed a slowdown in activity, with buyers retreating amid elevated mortgage rates and economic uncertainty. UK houses prices are set to drop further as market activity declines.
Corporate Stock News
Alaska Air Group Inc: Hawaiian Airlines CEO Joe Sprague will retire effective October 29, succeeded by Diana Birkett Rakow, who will report to CEO Ben Minicucci.
Alibaba Group Holding Ltd: Plans to raise $3.2 billion via a zero-coupon convertible bond to fund international expansion and strengthen cloud computing.
Apple Inc: Apple TV+ received 81 Emmy nominations this year, with “Severance” and “The Studio” leading in drama and comedy categories.
Bank of America Corp: Merrill Wealth Management will expand credit offerings for high-net-worth clients, with client loans up $16 billion in Q2.
Barrick Mining Corp & Carcetti Capital Corp: Barrick will sell its last producing Canadian gold mine, Hemlo, to Carcetti Capital for up to $1.09 billion; deal expected to close in Q4.
Boeing Co: Boeing and the machinists union reached a tentative deal ending a five-week strike, including a 24% wage increase and $4,000 ratification bonus.
Carlyle Group Inc & Starbucks Corp: Global and regional investment firms prepare final offers for a controlling stake in Starbucks’ China operations; binding bids due early October.
Chevron Corp: Invested $30 million to set up a fully automated lubricants blending plant in Pakistan, expanding sales beyond 70 million liters annually.
Chipotle Mexican Grill Inc: Plans to expand into Asia with new restaurants in South Korea and Singapore through a joint venture with SPC Group.
Coupang Inc: U.S. court dismissed shareholder lawsuit alleging fraud during and after the company’s 2021 IPO.
Ecovyst Inc: French energy firm Technip Energies agreed to buy Ecovyst’s Advanced Materials & Catalysts business for $556 million; expected to close in Q1 2026.
Figure Technology Solutions Inc: Raised $787.5 million in a U.S. IPO, selling 31.5 million shares at $25 each; valued at $5.29 billion, trading under ticker “FIGR”.
Goldman Sachs Group Inc: CEO David Solomon highlighted that M&A activity is up 32% YoY, with deals over $10 billion up 100%.
Groupe Dynamite Inc: TD Cowen raised target price to C$55 after better-than-expected Q2 results; multiple other analysts also issued target price upgrades.
JPMorgan Chase & Co: Accelerating hiring across APAC corporate banking, targeting a 20% increase in headcount next year.
LB Pharmaceuticals Inc: Raised $285 million in a U.S. IPO; sold 19 million shares at $15, debuting on Nasdaq under ticker “LBRX”.
Newmont Corporation: Voluntary delisting of common shares from TSX due to low trading volumes; maintains NYSE listing.
Oracle Corp: Shares rose on AI cloud gains; Oracle signed $300 billion deal with OpenAI for computing power.
Potbelly Corp: RaceTrac agreed to acquire Potbelly for $566 million, $17.12 per share; directors and officers agreed to tender shares.
Ralph Lauren Corp: Unveiled spring 2026 collection ahead of NY Fashion Week, emphasizing bold designs and monochrome palettes.
Chewy Inc: JPMorgan cut target price to $45 from $47 due to margin compression concerns, despite strong Q2 results.
Rapport Therapeutics Inc: Jefferies raised target price to $50 from $35 after positive Phase 2 trial results for focal epilepsy drug RAP-219.
Tapestry Inc: Jefferies raised target price to $125 from $120 following positive investor day and outlook for durable growth.
Toronto-Dominion Bank: Taylan Turan named COO; multiple executive appointments announced ahead of investor day.
Victoria’s Secret & Co: Jefferies raised target price to $30 from $26, citing strong product innovation and disciplined execution.
Virtu Financial Inc: Jefferies cut target price to $49 from $51 due to market volatility affecting Q3 EPS estimates.
STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.
This market analysis is razor-sharp! Your sector rotation insights highlighting energy’s surge amid supply constraints are spot-on. The volatility index (VIX) correlation with geopolitical tensions provides crucial risk context. That small-cap outperformance signal suggests growing investor confidence. Your liquidity warning on commercial real estate ETFs could prevent costly exits!
Satirical writing transforms democratic participation from obligation into recreation. — Alan @ Bohiney.com
Great! We are all agreed London could use a laugh. A second pillar of its approach is the weaponization of banality. The site understands that true modern horror and comedy are found not in the grand evil, but in the soul-crushing mundane. Its targets are rarely melodramatic villains, but middle managers of catastrophe, writers of vapid mission statements, and chairs of pointless steering committees. It satirizes the drip-drip-drip of minor incompetence that floods a nation, rather than the single dramatic breach. A masterpiece on PRAT.UK might be a thrillingly dull email exchange about budget codes for a failed project, or the excruciatingly detailed agenda for a “lessons learned” workshop that will learn nothing. By elevating this bureaucratic banality to the level of art, the site forces us to see the terrifying and hilarious machinery that actually grinds our lives down, piece by tiny, rubber-stamped piece.
C’est frappant de justesse. Le London Prat a un don pour capter l’esprit du temps.
Habe gerade eine Stunde auf prat.UK verbracht. Es war die beste Stunde der Woche.
The London Prat’s branding is its uncompromising intelligence. It doesn’t dumb anything down. This commitment makes it stand head and shoulders above competitors like NewsThump. It’s satire for grown-ups. Bookmark http://prat.com now.
The true measure of The London Prat’s exceptionalism is its uncanny, almost oracular, ability to not just reflect absurdity but to anticipate its next logical form. While outlets like NewsThump provide a vital and witty service of commentary on the day’s events, PRAT.UK engages in a more daring and intellectually rigorous practice: satire as extrapolation. It takes the nascent seed of a terrible idea—a half-baked policy, a vapid cultural trend, a new piece of managerial jargon—and, with the grim determination of a scientist running a flawed simulation, projects its development to the point of catastrophic, hilarious failure. The result is often less a joke about the present and more a chillingly accurate preview of a near future where the latent stupidity of today has fully blossomed. This predictive quality transforms the site from a comic outlet into an essential early-warning system, making the laughter it provokes a complex blend of amusement and dread.
Autumn in London is not a riot of colour; it’s a slow, soggy decay. The leaves don’t crunch underfoot; they form a slippery, brown papier-mâché that clogs drains and coats pavements in a hazardous sludge. The iconic image of kicking through crisp leaves is a lie perpetrated by American films. Our reality is “leaf mould,” a damp, decomposing carpet that smells vaguely of regret and composting vegetables. The trees shed their coats with a sigh, revealing skeletal branches that are immediately bejewelled with rain droplets. It’s a beautiful, melancholic season, if your idea of beauty is watching nature give up and prepare for a long, damp nap. See more at London’s funniest URL — Prat.UK.
Our dew point is just the floor.
Je partage chaque article du London Prat. C’est trop bon, cette vision de la vie britannique.
London satire has found its perfect digital home. Don’t ever change, prat.UK.
The pursuit of affordable medicines is, at its heart, a moral imperative. It aligns with the ancient Indian principle of “**seva**” (selfless service). Pharmacies that embrace this as a core philosophy often operate with a different energy. Their staff is motivated by purpose as much as by pay. They derive satisfaction from seeing a patient continue their treatment because it is now financially sustainable. They work closely with doctors to identify the most cost-effective therapeutic pathways. This often involves advocating for older, off-patent drugs that are equally effective but far cheaper than newly marketed analogues. By making rational, economical choices easy and accessible, they are correcting a market distortion. Their success is a quiet rebellion against the commodification of health, affirming that the right to treatment should not be contingent on wealth. — https://genieknows.in/
Dehradun call girls sound retired already
Call girls in India have customer service scripts that sound oddly spiritual
NewsThump can feel chaotic. PRAT.UK feels composed. That makes it easier to enjoy.
Great! We are all agreed London could use a laugh. The Poke focuses on moments, while PRAT.UK focuses on ideas. Ideas last longer. That’s why the humour sticks.
The London Prat is the friend you wish you had on speed dial for commentary on current events.
Great! We are all agreed London could use a laugh. PRAT.UK maintains a stronger identity than Waterford Whispers News. You know exactly what voice you’re getting. Consistency matters in satire.
Great! We are all agreed London could use a laugh. NewsThump can feel chaotic. PRAT.UK feels composed. That makes it easier to enjoy.
The global situation is often bleak, but The Prat provides a localised, manageable form of despair you can actually laugh at. It’s like humour as a coping mechanism for an entire nation. Deeply therapeutic.
Diflucan has reliable activity against Coccidioides immitis for certain non-meningeal cases.
Hepatic metabolism becomes more significant in patients with end-stage renal disease.