
S&P/TSX composite slips, U.S. markets mixed
The S&P/TSX composite index was down 47.42 points at 27,446.93.
In New York, the Dow Jones industrial average was down 11.95 points at 44,889.97. The S&P 500 index was up 6.39 points at 6,395.039 points, while the Nasdaq composite was up 67.77 points at 21,176.09.
The Canadian dollar traded for 72.91 cents US compared with 72.97 cents US on Friday.
The September crude oil contract was up US$1.33 at US$66.49 per barrel.
The August gold contract was down US$29.70 at US$3,305.90 an ounce.
This report by The Canadian Press was first published July 28, 2025.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
9 minutes ago
- Yahoo
Saving $100 a Month? You'll Be $1.1M Short of a Comfortable Retirement — 5 Things You Can Do
Saving $100 a month might feel like a comfortable way to build a nest egg, but is it enough for retirement? With rising costs, longer retirements and stagnant savings yields, that $100 won't necessarily stretch far when it matters most. Trending Now: For You: Why $100 a Month Isn't Enough A study from looked at how wide the gap really is. Someone with $8,000 in savings (the median U.S. bank balance according to according to the latest Survey of Consumer Finances data) who adds $100 each month will end up with just $57,629.53 after 20 years, assuming a 4.4% annual return. That's against a retirement target of $1.25 million, the amount needed to cover 25 years of expenses at $50,000 a year. The shortfall? A massive $1,192,370.47. Even bumping contributions to $500 per month still leaves the final balance at just $211,122.92, a long way from financial freedom. Here are six strategies that can make a meaningful difference over time. See Next: Look for Easy Expenses To Cut Some expenses, like unused subscriptions or overpriced delivery habits, are an obvious place to start when it comes to adding to monthly savings. Being able to redirect even $50 to $100 a month into savings can be an immediate win and doesn't have to be too painful. Increase Contributions Early and Often Waiting for a raise or a milestone to start saving more is a luxury most can't afford. Even a $25 increase now beats a $100 increase five years from now. Whether boosting automatic payroll deductions or increasing personal retirement account contributions, it's important to revisit savings annually and raise the amount steadily. Use the Right Type of Accounts Tax-advantaged accounts like 401(k)s, Roth IRAs and traditional IRAs offer valuable benefits in the run-up to retirement. Pre-tax growth, compound interest and employer matching can help retirement savings grow faster, with the average 401(k) match in 2025 between 4% and 6% of compensation, according to Vanguard. Invest With a Long-Term Lens Holding everything in cash may feel safe, but it often falls short of keeping up with inflation. Compound growth requires time and some risk tolerance. Building a diversified portfolio focused on long-term growth is one of the most effective ways to help savings grow enough to meet real retirement goals. Push Back Retirement by a Few Years While it might not be a popular choice, delaying retirement even by a few years can make a meaningful difference. It gives investments more time to grow, adds more contributions and shortens the number of years savings need to last. More From GOBankingRates 9 Downsizing Tips for the Middle Class To Save on Monthly Expenses This article originally appeared on Saving $100 a Month? You'll Be $1.1M Short of a Comfortable Retirement — 5 Things You Can Do
Yahoo
9 minutes ago
- Yahoo
Marvell Stock Is Soaring—Here's Why
Shares of Marvell Technology (MRVL) soared on Wednesday after Morgan Stanley raised its price target on the chipmaker's stock, citing the 'exceptional' strength of AI demand. Morgan Stanley analyst Joseph Moore on Wednesday raised his Marvell price target by about 10% to $80 while maintaining an 'equal weight' rating. 'Marvell is firmly in the AI winners camp, and sentiment has swung aggressively negative compared to a few months ago,' Moore wrote. 'We are more excited for their opportunity in optical, which brings higher margin and durability vs. their ASIC opportunity, which has disappointed.' (ASIC refers to application-specific integrated circuit, a class of customizable chip that combines several circuits to perform tasks that would otherwise require multiple interconnected chips.) Marvell shares were up more than 9% in recent trading, making it the best-performing stock in the Nasdaq 100. Despite Wednesday's gain, Marvell shares are down about 23% since the start of the year. Marvell is just one of several semiconductor stocks Moore expects to benefit from strong AI demand over the next year. He also raised his 12-month price targets on Nvidia (NVDA) by 17%, Broadcom (AVGO) by 25%, Astera Labs (ALAB) by 26%, and Advanced Micro Devices (AMD) by more than 50%. All of those stocks were also trading in the green on Wednesday. (Read Investopedia's full coverage of today's trading here.) 'While stock prices have moved higher, our conviction on AI spend durability in 2026 continues to grow,' Moore wrote. Google parent Alphabet (GOOG) last week raised its full-year capital expenditures forecast, citing the need to accelerate data center buildouts to meet seemingly insatiable demand for AI and cloud computing. Investors will get more updates on the strength of AI investment after markets close on Wednesday when tech giants Microsoft (MSFT) and Meta (META) report earnings. Read the original article on Investopedia 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


Business Wire
10 minutes ago
- Business Wire
SolarEdge and Solar Landscape Sign Strategic Agreement for American-Manufactured SolarEdge Technology
MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (NASDAQ: SEDG), a global leader in smart energy technology, and Solar Landscape, the leading U.S. commercial rooftop solar developer, today announced an agreement for the supply of SolarEdge's U.S.-manufactured solar technology for over 500 commercial rooftop projects across multiple states, to be built in 2025 and 2026. SolarEdge's domestically manufactured solar technology enables developers like Solar Landscape to meet demand for U.S.-manufactured solutions while optimizing project timelines through a localized supply chain. SolarEdge's domestically manufactured solar technology enables developers like Solar Landscape to meet demand for U.S.-manufactured solutions, while optimizing project timelines through a localized supply chain. Share The collaboration will focus on accelerating solar deployment across large-scale commercial and industrial rooftops, which remain a largely untapped resource for distributed generation (DG) solar. SolarEdge's advanced technology enables efficient installations on a wide range of commercial rooftops, generating more power from the available space. "Generating electricity on commercial rooftops and distributing it into the grid is America's most shovel-ready energy option," said Solar Landscape's co-founder and CEO Shaun Keegan. "Our partnership with SolarEdge allows us to rapidly and efficiently deploy solar across a diverse array of commercial and industrial rooftops. Their U.S.-manufactured technology gives us the reliability and performance we need while meeting domestic content requirements for our projects." "We are proud to partner with Solar Landscape to accelerate the adoption of commercial solar across America," said Naama Ohana, Chief Commercial & Industrial Division at SolarEdge. "Our domestic manufacturing facilities have already created approximately 2,000 American jobs while ensuring a resilient supply chain for our partners. This collaboration demonstrates how American innovation and manufacturing is helping to address the nation's growing energy needs while strengthening local economies." In 2024 Solar Landscape leased 40 million square feet of commercial rooftop space in the U.S. The company aims to deploy enough solar capacity to power 80,000 households. Solar Landscape now has over 80 partners that own over 2 billion square feet of commercial real estate nationwide. About SolarEdge SolarEdge is a global leader in smart energy technology. By leveraging world-class engineering capabilities and with a relentless focus on innovation, SolarEdge creates smart energy solutions that power our lives and drive future progress. SolarEdge developed an intelligent inverter solution that changed the way power is harvested and managed in photovoltaic (PV) systems. The SolarEdge DC optimized inverter seeks to maximize power generation while lowering the cost of energy produced by the PV system. Continuing to advance smart energy, SolarEdge addresses a broad range of energy market segments through its PV, storage, EV charging, batteries, and grid services solutions. SolarEdge is online at About Solar Landscape Solar Landscape is the nation's leading commercial rooftop solar developer. With 800 megawatts of solar across 75 million square feet of rooftop space, the company brings unmatched scale and expertise to the commercial real estate industry. Solar Landscape partners with the country's largest property owners to transform underutilized rooftops into reliable, revenue-generating solar assets. Founded by construction professionals, Solar Landscape is a vertically integrated company that develops, builds, owns, and operates solar projects nationwide. The company was named the #1 National Commercial Rooftop Solar Developer by Solar Power World in 2025, recognized as the #1 Distributed Generation Developer by New Project Media, and awarded the U.S. Department of Energy's Grand Prize for clean energy. Visit for more information.