Air Canada Flight Disruptions Mount Ahead of Potential Flight Attendant Strike
As of Thursday morning, Air Canada had nine flight cancellations and 69 delays, according to flight tracking site FlightAware. Cancellations are expected to grow as Air Canada said on Wednesday that it plans to gradually wind down operations before the strike that is slated to start on Saturday at 1 a.m. ET.
Talks between Air Canada and the Canadian Union of Public Employees, known as CUPE, broke down over the past few weeks. Air Canada said Tuesday that it believed it had reached
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Snap Stock Plunged After Earnings. Buy the Dip?
Key Points Sponsored Snaps are showing strong engagement and conversion gains. Subscription revenue from Snapchat+ is growing quickly from a small base. Heavy stock-based compensation and dilution keep valuation concerns high. 10 stocks we like better than Snap › Snap (NYSE: SNAP), the parent company of social media platform Snapchat, took a hard hit following its second‑quarter earnings release earlier this month. Shares tumbled, driven by worries about slowing growth, execution missteps, and a worsening net loss. But dig deeper, and the underlying narrative is more nuanced; there were a lot of positives in the report, too. Revenue and users continue to grow at a robust rate, free cash flow has turned positive year over year, and new ad formats, such as sponsored Snaps, are demonstrating real engagement traction. Given the mix of good and bad in its underlying business and the stock's recent sell-off, it makes sense to check whether the shares have been pushed into oversold territory. Let's look at what changed in the business and what it might mean for investors today. Momentum in key areas Snap reported second-quarter revenue of $1.345 billion, marking a 9% gain from a year earlier. Further, the lifeblood of the company -- user activity -- performed exceptionally well. Daily active users (DAUs) rose 9% to 469 million, while monthly active users (MAUs) climbed 7% to 932 million. Operating cash flow reached $88 million, and free cash flow came in positive at $24 million, a notable reversal from the previous year, when the company burned cash. Still, Snap posted a net loss of $263 million (wider than a net loss of $249 million in the year-ago quarter), and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) slid lower on a year-over-year basis to $41 million, underscoring that profitability remains out of reach. An ad platform glitch -- where auction settings pushed some campaigns to clear at unusually low prices -- weighed on performance early in the quarter. Snap reversed the change mid-period, and management said that advertiser activity is of my favorite data points to support the bull case: On the diversification front, "other revenue" -- primarily from subscriptions like Snapchat+ -- grew 64% year over year, and Snapchat+ subscribers rose roughly 42%, nearing 16 million. One of the quarter's most promising developments was sponsored Snaps -- video ads delivered directly into users' inboxes. Snap co-founder Evan Spiegel said in the company's second-quarter earnings call that after a user opens a sponsored Snap from their chat feed, they "exhibit significantly higher engagement per full-screen ad view, driving a 2x increase in conversion, a 5x increase in click-to-convert ratios and a 2x increase in website dwell times compared to other inventories. That signals a powerful new lever for monetizing deeply engaged the company's fast-growing subscription business, advertising revenue growth trends after the glitch was addressed, and momentum in sponsored Snaps, management guided for continued top-line growth in Q3. Valuation remains a concern Despite a handful of promising trends at Snap, valuation remains troubling. The company has long leaned on equity dilution and stock-based compensation to fund growth. While Q2 did include a $243 million share repurchase (30 million shares), its stock-based compensation burden remains high. Full-year stock-based comp is still pegged north of $1.1 billion, even after recent downward revisions. Keep in mind that we're talking about a company with only a $12 billion market cap. Dilution continues to erode per-share value, even as Snap shows cash generation. So while the sell-off may feel overdone, the stock hasn't quite yet fallen low enough to make it a bargain. Of course, I could be wrong. A potential bull case lies not in near-term profits but in optionality -- whether Snap can scale newer revenue streams, stabilize pricing, and get to a point where it doesn't need to regularly materially dilute shareholders. Overall, Snap trades at a valuation that remains questionable given its history of dilution and heavy reliance on noncash compensation. But the emergence of fast-growing subscription revenue, sponsored Snaps, better cash flow, and an engaged user base make it extremely interesting -- worthy of a high spot on any investor's watchlist. Should you buy stock in Snap right now? Before you buy stock in Snap, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Snap wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $668,155!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,106,071!* Now, it's worth noting Stock Advisor's total average return is 1,070% — a market-crushing outperformance compared to 184% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 13, 2025 Daniel Sparks and his clients have no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Snap Stock Plunged After Earnings. Buy the Dip? was originally published by The Motley Fool Sign in to access your portfolio
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Here's How This Forgotten Healthcare Stock Could Generate Life-Changing Returns
Key Points CRISPR Therapeutics' first approved therapy, Casgevy, was a breakthrough. One of Casgevy's biggest achievements may be demonstrating the viability of CRISPR Therapeutics' strategy. The biotech company could soar if it can follow up that win with more clinical and regulatory milestones. 10 stocks we like better than CRISPR Therapeutics › Over the past few years, the market hasn't been kind to somewhat speculative, unprofitable stocks. CRISPR Therapeutics (NASDAQ: CRSP), a mid-cap biotech, fits that description. The company's shares are down by 24% since mid-2022. The S&P 500 is up 50% over the same period. Despite this terrible performance, there are reasons to believe that CRISPR Therapeutics could still generate life-changing returns for investors willing to be patient. Here's how the biotech could pull it off. CRISPR Therapeutics' first success CRISPR Therapeutics' first approval was for Casgevy, a treatment for sickle cell disease (SCD) and transfusion-dependent beta-thalassemia (TDT), which it developed in collaboration with Vertex Pharmaceuticals. Before Casgevy, no CRISPR-based gene-editing medicine had been approved. While it became the first, it still faces some challenges. Ex vivo gene-editing therapies require a complex manufacturing and administration process that can only be performed in authorized treatment centers (ATCs). Moreover, they're expensive. Casgevy costs $2.2 million in the U.S. Getting third-party payers on board for that is no easy feat. Still, CRISPR Therapeutics and Vertex Pharmaceuticals are making steady progress. As of the second quarter, CRISPR Therapeutics had achieved its goal of activating 75 ATCs. It had also secured reimbursement for eligible patients in 10 countries. The two companies estimate there are roughly 60,000 eligible SCD and TDT patients in the regions they have targeted. Let's say they continue to strike reimbursement deals and can count on third-party coverage for 70% of this target population (42,000 people), then go on to treat another 30% of that group in the next decade (12,600 patients). Assuming they could extend that $2.2 million price tag to those countries, Casgevy could generate more than $27.7 billion over this period. Based on its agreement with Vertex, 40% would go to CRISPR Therapeutics, or roughly $11.1 billion over a decade. That's not bad, but it's not that impressive either. So, while Casgevy could contribute meaningfully to CRISPR Therapeutics' results -- and may even reach blockbuster status at some point -- the medicine may primarily serve as a proof of concept to demonstrate that the biotech's approach can be effective. Substantial progress with its first commercialized product will help the stock price. But the company's performance will depend even more on future clinical and regulatory milestones, especially as it shows with Casgevy that it can manage the intricacies and complexities of marketing gene-editing medicines. Can the pipeline deliver? CRISPR Therapeutics has six candidates in clinical trials, which isn't bad at all for a mid-cap biotech company. One of its leading programs is CTX310, a potential therapy designed to help reduce low-density lipoprotein (LDL) cholesterol in patients with certain conditions. CTX310 is already producing encouraging clinical trial results. Additionally, it's an in vivo medicine, meaning it bypasses the need to harvest patients' cells to manufacture therapies; in vivo gene-editing treatments are easier to handle than their ex vivo counterparts. The company's path to creating life-changing returns hinges on its ability to deliver consistent clinical and regulatory wins over the next few years for CTX310 and other important candidates. If CRISPR Therapeutics can successfully launch several new products in the next five to seven years, its shares are likely to skyrocket. In the meantime, under this scenario, the company would succeed in making gene-editing medicines more mainstream. This would encourage third-party payers to get on board -- and healthcare institutions, and perhaps even governments, to help push for more ATCs, since there'd be a greater need to accommodate these treatments. Can CRISPR Therapeutics achieve this? In my view, the biotech stock is on the riskier side, but does carry significant upside potential. There's a (small) chance the gene-editing specialist will deliver life-changing returns in the next decade, but investors need to hedge their bets. It's best to start by initiating a small position in the stock, then progressively add more if CRISPR Therapeutics lands more wins. Should you invest $1,000 in CRISPR Therapeutics right now? Before you buy stock in CRISPR Therapeutics, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and CRISPR Therapeutics wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $668,155!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,106,071!* Now, it's worth noting Stock Advisor's total average return is 1,070% — a market-crushing outperformance compared to 184% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 13, 2025 Prosper Junior Bakiny has positions in Vertex Pharmaceuticals. The Motley Fool has positions in and recommends CRISPR Therapeutics and Vertex Pharmaceuticals. The Motley Fool has a disclosure policy. Here's How This Forgotten Healthcare Stock Could Generate Life-Changing Returns was originally published by The Motley Fool Sign in to access your portfolio
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Not All Advisors Are Equal — Here's the Real Difference Between Fiduciary and Financial Advisors
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. If you've ever thought about hiring someone to help manage your money, you've probably run into a tangle of titles: financial advisor, financial planner, wealth strategist, investment manager, fiduciary advisor, and more. On the surface, they can all sound the same — and many people use "financial advisor" as a catch-all for anyone who works with investments or retirement planning. But in reality, there's a critical distinction hiding behind those labels, and it can have a huge impact on your financial future. That difference comes down to whether or not your advisor is a fiduciary. Understanding what separates a fiduciary advisor from a traditional financial advisor isn't just a matter of jargon — it's about knowing whether the person giving you advice is legally required to put your best interests ahead of their own. For many investors, that one detail is the difference between a plan built around your goals and one that quietly funnels money into products that benefit the advisor more than you. What Is a Financial Advisor? At its broadest, the term "financial advisor" can apply to almost anyone in the business of helping clients manage their money. This could mean someone who sells you life insurance, someone who opens a retirement account, or someone who builds a long-term investment plan. Financial advisors can be found at the biggest brokerage firms, at banks, or operating independently. The key thing to understand is that not all financial advisors operate under the same legal standard of care. Many advisors are held only to what's called the suitability standard. That means they're obligated to recommend products that are "suitable" for your circumstances, but not necessarily the best or most cost-effective options available. In practice, that could look like an advisor steering you into a mutual fund with higher fees that pays them a commission, even though there's a nearly identical fund available with much lower costs. Both options may be "suitable," but only one puts more money in your pocket over time. The other keeps more money in theirs. This doesn't mean all financial advisors are acting against your interests — many genuinely want to help — but it does highlight why the lack of a stronger legal requirement can leave room for conflicts of interest. And that's where fiduciary advisors come in. What Is a Fiduciary Advisor? A fiduciary advisor is different because they're bound to a much stricter standard — the fiduciary standard. This means they are legally and ethically required to put your best interests first at all times. Fiduciaries must minimize conflicts of interest whenever possible, disclose any conflicts that remain, and always ensure that the advice they give benefits you, not them. Fiduciary advisors are often registered investment advisors (RIAs) or fee-only financial planners. Instead of relying on commissions from selling you products, they usually charge in one of three ways: a flat fee, an hourly rate, or a percentage of assets under management. This fee structure is designed to reduce the temptation to push unnecessary or high-cost products. For example, if you hire a fiduciary on an hourly basis to create a retirement plan, they're compensated for their time and expertise — not for selling you a specific annuity or mutual fund. For many investors, especially those looking for comprehensive planning across retirement, investments, taxes, and estate issues, the fiduciary model provides a level of trust and transparency that's hard to match. You know that when a fiduciary advisor recommends a move, it's because they believe it's the best option for you, not because it boosts their paycheck. Find a Fiduciary Advisor: Want to skip the legwork? . Fiduciary vs. Financial Advisor Here's where things often get confusing: every fiduciary is a financial advisor, but not every financial advisor is a fiduciary. Think of it like a square and a rectangle. Fiduciary advisors fall under the broader umbrella of financial advisors, but they're operating under a much stricter set of rules. The differences show up most clearly in a few areas: Legal obligation: Fiduciaries must act in your best interest. Advisors under the suitability rule only need to ensure recommendations are "suitable." Compensation: Fiduciaries often work on fee-only models that avoid commissions. Traditional advisors may earn commissions or incentives from products they sell. Conflicts of interest: Fiduciaries must avoid or disclose conflicts, while suitability-based advisors may not always be transparent. Transparency: Fiduciaries are generally upfront about costs, fees, and risks. Other advisors may present information in less straightforward ways. When you boil it down, fiduciaries are held to a higher bar, both legally and ethically. That makes them the preferred choice for anyone who wants advice that's as unbiased as possible. Which Should You Choose? For most people, a fiduciary advisor is the safer and smarter option. Knowing that your advisor is legally bound to put your interests first offers peace of mind — and it can prevent costly mistakes or unnecessary fees down the road. If your goal is long-term financial planning and wealth building, fiduciaries are almost always the better fit. That said, there are scenarios where a traditional financial advisor might make sense. If you're shopping for a very specific product — say, an insurance policy or a 529 plan for college savings — a commission-based advisor can still be helpful. They can provide access to those products quickly, and you may not need the ongoing oversight that comes with a fiduciary relationship. But for comprehensive planning, where all aspects of your financial life are interconnected, the fiduciary duty is what makes the difference. How to Tell If an Advisor Is a Fiduciary Here's the tricky part: you can't always tell just by looking at someone's business card whether they're a fiduciary or not. Titles like "financial advisor" and "wealth manager" aren't regulated the way you might expect. That's why it's crucial to ask direct, pointed questions before hiring someone. A few good ones include: "Are you a fiduciary at all times when working with me?" "How are you compensated — fees, commissions, or both?" "Can you provide your Form ADV or fiduciary oath?" The way an advisor answers these questions will tell you a lot. Fiduciaries will usually welcome them and answer clearly. If you get vague responses or resistance, that's often a red flag that the advisor isn't truly bound to act in your best interest. Find a Fiduciary Advisor: SmartAsset can match you with up to three vetted fiduciary advisors in your area so you can start your search with confidence — . This article Not All Advisors Are Equal — Here's the Real Difference Between Fiduciary and Financial Advisors originally appeared on Sign in to access your portfolio
