Carney's Muskoka Love-In Conceals Cracks in Canada's United Front
I'm Christine Dobby, Bloomberg's Toronto-based banking reporter, and you'll find me in your inbox every Friday. This week, we're talking about all that unity at the Canada premiers' meeting (and the song I've had stuck in my head for days), calls to reset the China trade relationship and TD's plan to get employees back in the office. Plus: the company planning to bring generic Ozempic to Canada.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
10 minutes ago
- Yahoo
Blink Charging, dfYOUNG Partner For Simplified EV Fleet Management
Blink Charging (NASDAQ:BLNK) announced a new partnership with logistics firm dfYOUNG on Monday to simplify EV fleet management and home charger installations for corporate sales teams across the U.S. The companies aim to streamline the EV transition by combining Blink's charging technology with dfYOUNG's fleet logistics expertise. As part of the collaboration, dfYOUNG will deliver and install pre-packaged, RFID-enabled Blink chargers at sales representatives' will handle around-the-clock customer support, while dfYOUNG oversees fleet operations, which include delivery tracking, job completion, safety checks, and regulatory compliance. The news comes as Blink Charging's stock has faced significant headwinds, plunging over 19% year-to-date. This decline is largely attributed to the company missing analyst revenue estimates for the past four consecutive quarters and EPS estimates for at least two quarters. The stock performance has also been impacted by the Trump administration's recent reversal of EV tax credits. The U.S. House of Representatives approved President Donald Trump's 'Big Beautiful Bill,' which terminates the $7,500 tax credit for new U.S.-made EVs, effective September 30, 2025. This policy change is expected to negatively affect the EV industry and its ecosystem, including companies like Blink Charging, with some automakers already increasing EV prices in response. Despite these challenges, Blink Charging has remained committed to unlocking value through strategic partnerships, acquisitions, and geographical expansions. Last Monday, Blink Charging expanded its partnership with Belgian real estate firm Group Bernaerts to boost EV charging infrastructure across Belgium. By the end of 2025, it plans to install at least 176 active chargers at Bernaerts-owned properties. The stock gained close to 13% after the update. Since the partnership was launched in 2022, the two companies have deployed 88 charging stations in Antwerp and Mechelen. As they accelerate their sustainability goals, they expect to double that number by the end of this year. On July 16, Blink Charging expanded its EV network in South Florida by installing Series 7 chargers at two Accesso-managed commercial properties. The move strengthens Blink's regional presence, bringing clean energy charging to high-traffic sites in Sunrise and West Boca Raton. On July 14, Blink Charging expanded its EV charging footprint by acquiring Zemetric, a Silicon Valley-based fleet-focused infrastructure firm. The deal brings Zemetric's leadership team, now filling key executive roles at Blink, together to accelerate innovation and global growth in smart fleet charging. On July 10, Blink Charging advanced its U.K. expansion by partnering with Axxeltrova to launch a £100 million fund for EV infrastructure growth. Under the deal, Axxeltrova will fund and own the chargers, while Blink installs, operates, and maintains them through its Blink Network. Price Action: BLNK shares are trading lower by 5.36% to $1.060 at last check Monday. Photo via Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? This article Blink Charging, dfYOUNG Partner For Simplified EV Fleet Management originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Yahoo
10 minutes ago
- Yahoo
Celcuity Stock Triples on Positive Breast Cancer Treatment Study
Shares of Celcuity (CELC) tripled to an all-time high after the biotech firm announced positive results in a late-stage study of its experimental treatment for adults with two kinds of breast cancer. The company reported primary endpoints were reached in the Phase 3 trial of gedatolisib, combined with two other drugs, palbociclib and fulvestrant, which it calls the "gedatolisib triple." It said the three together reduced the risk of disease progression or death by 76% compared to fulvestrant alone. A "gedatolisib double" combination of gedatolisib and fulvestrant cut risk of disease progression or death by 67% versus fulvestrant alone, also exceeding endpoints. The patients tested suffered from "hormone receptor (HR)-positive, human epidermal growth factor receptor 2 (HER2)-negative, PIK3CA wild-type, locally advanced or metastatic breast cancer, following progression on, or after, treatment with a CDK4/6 inhibitor and an aromatase inhibitor." Dr. Sara Hurvitz, co-principal investigator of the trial, said to her knowledge, "we have not seen Phase 3 results in patients with HR-positive, HER2-negative advanced breast cancer before where there was a quadrupling of the likelihood of survival without disease progression relative to the study control." Dr. Igor Gorbatchevsky, Chief Medical Officer at Celcuity, added that the results showed gedatolisib could be a "transformative new medicine" for the treatment of those breast cancers. The company plans to submit a New Drug Application to the Food and Drug Administration (FDA) for gedatolisib in the fourth quarter. Celcuity shares, which entered the day up 5% this year, soared 210% less than an hour after the opening bell Monday. Read the original article on Investopedia Sign in to access your portfolio
Yahoo
10 minutes ago
- Yahoo
TD Cowen Initiates Coverage on Norwegian Cruise Line Holdings Ltd. (NCLH) with $31 PT ; BofA Raises PT to $27
Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) is included in our list of the . A busy airport terminal full of travelers eager to utilize the company's services. With cruise stocks gaining momentum, Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) is drawing analyst attention as they reassess the sector's long-term potential and short-term momentum. On July 22, 2025, TD Cowen gave a 'Buy' rating on Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) with a $31 price target. Within the travel sector, the analyst considered NCLH an underappreciated gainer. With a 7% annual industry revenue growth projected through 2029, the analyst believes the company, trading at an airline-level valuation multiple, holds upside potential. Meanwhile, on July 23, 2025, BofA increased its price target on Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) from $20 to $27, maintaining a 'Neutral' rating. The analyst cited the cruise sector's 72% gain since the market bottom in April and thus, expects strong earnings. With its Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas brands, Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) offers luxury travel experiences across all major global destinations. It is included in our list of cheap travel stocks. While we acknowledge the potential of NCLH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 11 Most Undervalued Cloud Stocks Under $10 According to Hedge Funds and 11 Best Mineral Stocks to Buy According to Hedge Funds. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
