Canada’s primary stock benchmark climbed on Tuesday, supported by easing geopolitical concerns and growing expectations of monetary policy easing in the United States. As of 19:15 ET, the S&P/TSX 60 Index was up 7.7 points, or 0.5%, while the broader S&P/TSX Composite Index gained 82.3 points, or 0.3%, extending Monday’s advance of 0.4%. At 26,609.36, the index remains just below its all-time closing high set on June 12, reflecting a positive, though cautious, investor tone. The rally comes amid improving risk sentiment following reports of a ceasefire between Israel and Iran, which helped dampen fears of a broader regional conflict.

Cryptocurrency markets witnessed a steep decline early Sunday following heightened geopolitical uncertainty in the Middle East. Major digital assets, including Bitcoin $BTCUSD, Ethereum $ETHUSD, and Solana $SOLUSD, experienced sharp selloffs, erasing billions in market capitalization and pushing the broader crypto space into correction territory.

Apple Inc. $AAPL achieved its highest share of global smartphone sales for April and May since the onset of the COVID-19 pandemic, fueled by aggressive subsidies in China and escalating concerns over potential U.S. tariffs. The surge in performance, highlighted in the Global Monthly Smartphone Sales Report, reflects a confluence of strategic pricing and macroeconomic sentiment.

General Motors $GM introduced the 2026 Chevrolet Corvette ZR1X on Tuesday, expanding its performance lineup with an electrified evolution of the Corvette E-Ray, which launched in 2023. Positioned as a next-generation hypercar, the ZR1X blends aggressive powertrain architecture with enhanced electric integration, signaling GM’s continued push toward high-performance hybridization in its flagship models.

Oxford Instruments plc $OXIG.L, a UK-based provider of high-technology tools and systems for industrial and scientific applications, reported its FY2025 results on Friday. While headline figures broadly met market expectations, shares fell over 3% during the session as investors reacted to signs of weakening order momentum and increased foreign exchange exposure, particularly linked to China.

European equities opened sharply lower on Friday as geopolitical tensions escalated following Israel’s early morning strikes on Iranian territory. The broad-based STOXX Europe 600 $^STOXX index fell 1%, with red dominating across nearly all sectors. Only the energy complex, buoyed by rising crude prices, remained in positive territory. The intensification of conflict in the Middle East renewed investor anxiety, triggering a defensive rotation away from risk assets. Equity markets across Europe reacted swiftly to the overnight developments, reflecting heightened sensitivity to geopolitical shocks in a macro environment already challenged by interest rate uncertainty and subdued economic momentum.

DBS Group Holdings Ltd. $D05.SI has become the first bank in Singapore to reach a market capitalization exceeding USD 100 billion, driven by favorable currency fluctuations that bolstered its stock performance. The weakening of the US Dollar (USD) played a pivotal role in amplifying gains on the Singapore stock market, where shares of the Southeast Asian banking giant increased by 0.8% to SGD 45.50.

Stonepeak Partners LP is in exclusive talks to acquire Kuala Lumpur-listed Yinson Holdings Bhd. $7293.KL in a deal valued at up to MYR 9 billion (USD 2.1 billion). If finalized, this transaction could become one of Malaysia’s largest private equity acquisitions in 2025, underscoring growing global interest in Southeast Asian infrastructure.

Nio Inc. $NIO, a prominent Chinese electric vehicle manufacturer, is imposing a significant reduction on its research and development allocation, aiming to reach breakeven in the fourth quarter. The company revealed in its latest financial statement that R&D spending is set to drop by 20-25%, to a quarterly range of 2 billion–2.5 billion yuan (USD 278–347 million). This adjustment marks a clear shift in priorities amid ongoing pressure to achieve sustainable profitability.

For almost sixty years, Washington H. Soul Pattinson and Co. $SOL.AX and Brickworks Ltd. $BKW.AX have maintained an interlinked shareholding structure unique among listed companies. Soul Pattinson, a major diversified investment company, owns 43% of Brickworks, Australia’s leading brick manufacturer. Conversely, Brickworks holds 26% of Soul Pattinson. This reciprocal arrangement was originally designed to stabilize both firms' dividends amid cyclical downturns in the construction sector.

Telegram’s CEO Pavel Durov announced preliminary terms for a potential collaboration with xAI, Elon Musk’s artificial intelligence firm. The arrangement seeks to deploy xAI’s Grok chatbot across Telegram’s user base, which exceeds one billion accounts worldwide. According to Durov, Telegram would receive 300 million USD—via a mix of cash and xAI equity—as well as an agreement to split AI subscription revenues generated within the platform.

Coal India Ltd. $COALINDIA.NS, the world’s largest coal mining company, has advanced plans to sell up to 10% of its stake in Central Mine Planning & Design Institute Ltd. (CMPDI) via an initial public offering. The move positions CMPDI, headquartered in Ranchi, as the first division in Coal India's portfolio to enter the public market, forming the first step of a broader initiative to unbundle core subsidiaries.