Toronto, ON – October 31, 2025 – The Canadian Dollar (CAD), affectionately known as the "loonie," has recently experienced a significant weakening against major global currencies, particularly the U.S. Dollar. This faltering is largely attributed to a confluence of factors: a discernible slowdown in Canada's domestic economic growth and a persistently
Canada's economy has been hit by a significant downturn in the second quarter of 2025, as the nation's exports experienced their sharpest decline since the 2009 financial crisis, excluding the pandemic period. According to Statistics Canada, the country's exports plunged by a staggering 7.5% in Q2 2025, a contraction
Xpeng Inc. (NYSE: XPEV) surged over 4.36% in Friday’s premarket and recorded a 5.4% spike in its Hong Kong-listed shares. It's currently trading at $22.90 in pre-market, according to Benzinga Pro data.
Ratings for Magna International (NYSE: MGA) were provided by 9 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
Mingteng International Corporation Inc. (NASDAQ: MTEN) experienced a sharp decline of 18.1% in its stock value today, sending ripples through the market. While no specific, immediate news directly tied to this significant one-day drop was readily available, the movement underscores the inherent volatility of small-cap stocks, particularly those grappling
The North American automotive sector is facing a severe test, as increased tariffs on parts from Mexico and Canada threaten to dramatically escalate production costs, potentially inflate vehicle prices for consumers, and squeeze already tight profit margins for manufacturers. This unfolding situation, marked by fluctuating trade policies and geopolitical leverage,
MGA stock shows strong breakout potential with a Technical Rating of 8 and Setup Rating of 9, offering a low-risk entry above $42.62. Ideal for trend traders.
Magna International (NYSE: MGA) shares rose after beating analyst estimates with a 3% decline in quarterly revenue due to lower vehicle production in North America and Europe. The company is on track for solid execution and raised its sales outlook for fiscal 2025.
Magna International (NYSE: MGA) stock dipped after Q1 FY25 results showed an 8.2% revenue drop to $10.07B, despite beating estimates. Declines in global auto production hit key segments.
