Business News
Tesla Stock Up 4.2%: Why TSLA Rose on a Q3 Delivery Beat
Tesla stock closed at $370.59 USD on Friday, up 4.23%, after its Q3 production and deliveries release put third-quarter deliveries at 486,532, roughly 25,400 above the consensus near 461,100 that CNBC reported. That is a beat against expectations rather than growth: CNBC put deliveries up about 1.3% from the second quarter and down about 2% year over year.
CAD/USD closed at 0.7018, down 0.19%, so the day landed differently in a Canadian account. On our arithmetic of the close and the currency move, an unhedged Canadian holder of the US-listed shares earned about 4.43% in Canadian dollars, a hedged holder the 4.23% and none of the currency, which is the subject of Tesla Stock in Canada: Buying TSLA or the CAD-Hedged CDR. Tesla is still down about 17.6% in 2026, on our arithmetic of Yahoo closing prices.
Read the full recap for October 2 →The gold sector fell 3.29% and materials 2.78%, against a composite down 0.76%.
Cameco (down 5.58%) and Celestica (down 5.51%) led the decliners, followed by the gold names Kinross, Wheaton and Franco-Nevada.
Among the large-cap movers that closed on August 28, nine fell and nine rose, an even split.
The Bank of Canada decides on September 2 at 9:45 am ET with the policy rate at 2.25%.
Aritzia is executing the US expansion everyone said was too expensive
Net revenue rose 43% to $951M with the United States carrying the growth, and comparable sales stayed positive while the boutique count climbed. The capital going into new stores is arriving as revenue rather than as a promise about next year.
BMO’s 24% earnings drop was a goodwill charge, not credit
Reported EPS fell 24% to $2.38 and return on equity to 8.4% from 11.6%, on a $962M goodwill charge BMO is selling, not on credit. Provisions actually fell, to $722M from $797M, and adjusted ROE was 14.0%.
TSX Q3 2026: Gold and Shopify Carried the Quarter
Aritzia Fell 8% in Two Sessions Against a Sector Down 1.3%. The Consensus Did Not Follow.
BlackBerry Beat Its Own Guidance by $15 Million, and Cut Its Secure Communications Outlook
BlackBerry Q2 Earnings: Every One of the Last 8 Reports Moved the Stock 8% or More
Cineplex Hired Goldman to Explore a Sale. The Stock Gave Back the Pop in Five Minutes
August CPI: Inflation Held at 3%, Core Sat at Target, and Markets Still Price an October Hike
Canada’s August Inflation Report Lands Monday With a Rate Hike Priced In
Canada Jobs Report: 42,000 Lost in August, US Adds 162,000
GIS Clawback: The Old Age Security Act Takes 75 Cents of Every Dollar in One Band of Income
CPP Credit Splitting Takes One Signature. Since 2025 It Can Cost a Separated Spouse the Survivor’s Pension
CPP Pension Sharing Is Not a 50/50 Split. The Act Divides It by the Months You Lived Together
QWhen is the next Bank of Canada rate decision?
October 28, 2026, announced at 9:45 am ET. The date comes from the Bank’s own published schedule.
QWhere do your company figures come from?
The earnings release, the supplementary financial information or the MD&A, with the document cited. Never an aggregator.
QDo you get paid for coverage or ratings?
No. We earn from broker referral links, disclosed wherever they appear, and never for a rating or a place on a list.