Senior Business Editor, CityNews680
Joined March 2009
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Mike Eppel retweeted
BREAKING: ServiceNow stock, $NOW, collapses nearly -20% after posting weaker than expected Q3 earnings.
Mike Eppel retweeted
🚨 AFTER HOURS IS A BLOODBATH 🚨
The 6 biggest movers right now 👇
1/6 Fortinet $FTNT
🔴 −24%
Insiders sold $36.2M before this!
Mike Eppel retweeted
David Rosenberg: The BoC’s rate hike is totally unnecessary and premature theglobeandmail.com/investin…
#BreakingNews
The Bank of Canada hikes its overnight lending rate 0.25% to 2.5%
-Says the increase was necessary to prevent high oil prices from seeping into other costs.
-will "proceed carefully" with future rate moves
-Sees CPI at 3.1% for 2027
toronto.citynews.ca/audio/
Mike Eppel retweeted
Raising interest rates right now is a massive mistake.
Higher rates won’t get oil moving through the Strait of Hormuz or lower tariffs on Canadian businesses. They will only make life more expensive for Canadian families and workers, punishing them for something they can’t control.
Bank of Canada expected to hike key rate for 1st time since 2023
toronto.citynews.ca/2026/10/…
Mike Eppel retweeted
Son: Dad, why do you always turn this song up so loud?
Dad: Because some songs aren't meant to be played in the background, son. They're meant to make the whole neighborhood wonder what the hell is going on.
Mike Eppel retweeted
Breaking News: The Trump administration is set to relax rules restricting the emission of methane, a gas considered to be a “super pollutant.” nyti.ms/3WP2qaG
Mike Eppel retweeted
An Argentine news channel is reporting an aircraft detained in Misiones (near the 🇧🇷 border) that has Flavio Bolsonaro’s name on the passenger list.
Bolsonaro had to surrender his passport by 11am today but didn’t. He is banned from leaving 🇧🇷 in a money-laundering investigation.
Mike Eppel retweeted
BREAKING: Boeing stock, $BA, falls over -10% after posting a net loss in Q3 2026 and lowering guidance.
The stock is on track for its biggest daily drop since April 2025 and has lost -$15 billion of market cap today.
Mike Eppel retweeted
Susan Saint James, the Emmy-winning actress who starred opposite Rock Hudson in “McMillan & Wife” and Jane Curtin in the CBS sitcom “Kate & Allie,” died Monday at 80 years old after being diagnosed with pancreatic cancer.
Saint James’ family described her as someone “generous with her time and energy, which she valued more than money, and instinctively drawn to whoever needed lifting up. She taught her children to pause, be kind and look out for other people. She never met a stranger. Every person she met became the most important person in the room at that moment, from a fellow board member to the clerk at the shoe store, who usually walked away knowing her entire life story.” (via People)
variety.com/2026/tv/news/sus…
Well then…
FIRST ON CBS: As President Trump boasts about how much money the U.S. oil and gas industry is making from the war with Iran, the president's personal holdings in oil and gas are now worth between $22.5 million and $81.6 million, compared with $12.6 million to $46 million at the end of 2025, according to a new report by Democrats on the Congressional Joint Economic Committee. cbsn.ws/47IN9un
Details of Anthropic’s public stock sale…
BREAKING: Anthropic officially files its S-1 registration statement for an IPO, seeking to list on the Nasdaq under the ticker symbol $ANT.
FULL SUMMARY OF ANTHROPIC'S S-1 FILING:
1. Anthropic posted H1 2026 revenue of $16.3 billion with a net loss of $80.7 billion
2. Anthropic says it does not expect to pay a dividend "in the foreseeable future"
3. Expects to spend up to $120.5 billion on SpaceXAI and Nvidia compute
4. Expects to spend up to $114.5 billion with Google through 2033
5. Revenue growth rate "may not be sustainable" and "may decrease"
6. May be required to seek additional financing "sooner than expected"
7. 5% of Anthropic's shares will go to the "Anthropic Public Benefit Fund"
8. S-1 includes warnings of AI's "catastrophic existential risks to humanity"
Markets currently expect Anthropic to raise as much as $100 billion at a valuation of ~$2 trillion.
The company is reportedly targeting an IPO in the week of November 16th.