The Daily Editor

In the market, some investors have become hesitant to buy, and that reluctance is understandable. The Shiller cyclically adjusted price-to-earnings (CAPE) ratio is near record highs at 42, and the frothiness of some artificial intelligence (AI) stocks has investors fearing a pullback.

Nonetheless, investors need to remember that they can still find bargains related to AI,

 » Read more about: 3 Tech Stocks That Are Screaming Buys as the Indexes Reach Record Highs  »

Crude Jumps As U.S. Revokes Iran Authorization to Sell Oil

Oil futures were sharply higher as the U.S. revoked Iran’s license to sell oil in response to Iranian attacks on ships in the Strait of Hormuz.

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U.S. Revokes Waiver Allowing Sale of Iranian Oil

Oil prices jumped after the U.S.

 » Read more about: Dow Jones Top Energy Headlines at 4 PM ET: Crude Jumps As U.S. Revokes Iran Authorization to Sell Oil | U.S. …  »

Quick Read

• Chevron beat Q1 EPS by 46% for the sixth straight quarter, powered by 15% production growth from the Hess acquisition, not $100 crude.

• Exxon trades at $137 and Suncor at $55, while Chevron’s Wall Street consensus target of $217 sits well above its current price.

 » Read more about: Oil’s $100 Threshold: What It Means for Energy Stocks Now  »

 » Read more about: The Risk Warren Buffett Considers Worse Than Holding Cash  »

When financial adviser James Smith meets a new client, one of his first tasks – particularly if they’re younger – is to get them to the “aha moment”.

That is when they realise just how powerful compounding is,

 » Read more about: Three simple investing mistakes that limit high earners’ wealth  »

In some economic climates, maintaining access to your funds is the top priority, even if it means losing out on some profitable opportunities with select savings accounts or savvy investments.

 » Read more about: How much interest can a 3-year CD account earn now?  »

 » Read more about: Dow Jones Stocks Could Be the Perfect Portfolio for 2026 Now That Google’s in the Mix. Here’s 3 Ways to Profit.  »

Tesla (TSLA 3.63%) is a leader in the electric vehicle (EV) market, and a key metric many investors often look for is how many deliveries it made during the past quarter. Strong delivery numbers can be a great sign of rising demand and that the business is doing well.

 » Read more about: Why strong delivery numbers may not be enough to give the stock a boost  »

Another Bank of Canada (BoC) interest rate update is scheduled this month, and you may be bracing yourself for the Crown corporation’s latest decision.

In June, Canada’s central bank held its key interest rate at 2.25 per cent for the fifth time since October 2025. The governing council cited that the “conflict in the Middle East” continues into its fourth month.

 » Read more about: What to expect from July's Bank of Canada interest rate update  »

Key Points

• SpaceX got fast-tracked into the Nasdaq-100 today.

• The company’s IPO only released a small percentage of the company to the public.

• Upcoming lockup expirations will likely bring more sellers into the market.

Space Exploration Technologies (NASDAQ: SPCX) was added to the Nasdaq-100 index before the market opened today,

 » Read more about: Why Did SpaceX Stock Drop Today?  »