Cybeats Technologies Up 5.4% After Securing New Contract With a "Global Leader" in Industrial Software

Cybeats Technologies (CYBT.CN) shares rose 5.4% on Thursday after it signed a major enterprise agreement to deploy its flagship platform, SBOM Studio, with a "global leader" in industrial software and critical infrastructure solutions. No financial details were given.

"This inherent "land-and-expand" dynamic accelerates sales cycles, simplifies corporate procurement, and drives compounding revenue growth without the traditional friction of net-new market entry," said the company in a statement.

Shares of the company were last seen up $0.01 tot $0.20 on the Canadian Securities Exchange.

Price: $0.20, Change: $+0.01, Percent Change: +5.41%

TSX Surges 404 Points to Record High With Healthcare, Financials, Leading

The Toronto Stock Exchange surged 404 points higher to a record high of 35,205 at midday, as most sectors rally.Healthcare and financials are the best performers, up 2.0% and 1.6%, respectively.Materials and telecoms are the worst performers, both down 1%.In economic news, the Canadian Parliamentary Budget Office now projects real gross domestic product growth of 1.1% for this year and 1.6% for 2027, down from last September's projection of 1.3% and 1.8%, respectively.The PBO, which is now treating the current tariff environment as permanent, said its Economic and Fiscal Outlook for June 2026 assessed that the Canadian economy grew by 1.7% in 2025, "with a weakened outlook thereafter".After accounting for historical revisions, nominal GDP is projected to be, on average, $19.5 billion higher annually over the 2026 to 2030 period compared with the outlook from September, due to stronger energy prices, the PBO calculates. PBO's status quo fiscal outlook includes the incremental measures announced in Budget 2025 and the Spring Economic Update 2026. Combined, these measures amount to $68.4 billion in (net) new spending over 2025-26 to 2030-31.PBO projects Canada's budgetary deficit to increase from $36.3 billion, or 1.2% of GDP, in 2024-25 to $72.0 billion, 2.2% of GDP, in 2025-26 as modest revenue growth is outpaced by growth in expenses, reflecting the introduction of new measures.In other news, Morningstar, in a note titled '10 Top-Performing Canadian Dividend Stocks', said Barrick (ABX.TO) and Great-West Lifeco (GWO.TO) were among May's high-yielding winners."Dividend-paying stocks that combine healthy balance sheets with hefty yields can provide steady income, cushion against market downturns, and grow investments at a healthy clip," Morningstar said.In May 2026, the top-performing dividend payers included airline Exchange Income (EIF.TO), industrial distributor Russel Metals (RUS.TO), and telecom services firm Quebecor (QBR-B.TO), it noted.The Morningstar Canada Index, which measures the performance of Canada's broad regional markets, targeting the top 97% of stocks by market capitalization, was screened for companies with a forward dividend yield of at least 1.5%, excluding real estate investment trusts, it added.

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TriStar Gold Closes $10.35-Million Brokered Private Placement; Shares Down 7%

TriStar Gold (TSG.V) on Thursday said it closed a best-effort" brokered private placement of share units that raised C$10.35 million.The company placed 45.01-million units priced at C$0.23 each and made up of a share and one half of a two-year warrant to buy a share for C$0.30.The company plans to use the net proceeds to fund exploration and development of the company's mineral properties, as well as for general working capital.The company's shares were last seen down $0.015 to $0.20 on the TSX Venture Exchange.Price: $0.20, Change: $-0.02, Percent Change: -6.98%

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CIBC Confirms Outperformer Rating on Groupe Dynamite and Raises Target to $100 Ahead of Q1 Results

CIBC Capital Markets maintained its outperformer rating on the shares of Groupe Dynamite (GRGD.TO) and raised its price target to C$100 from C$97.00 ahead of the clothing retailer reporting its fiscal first-quarter financial results.The bank expects sales momentum to "remain healthy," with "strong" gross margin percentage performance. It also said it continues to see strong sales growth in both Canada and the U.S., led by the Garage banner."We continue to see substantial runway for GRGD with International as an emerging - but increasingly important - lever," said analyst Mark Petrie. "Our estimate of 22% SSS growth sits modestly below consensus of 26.4% and reflects deceleration from the 28% growth through the first eight weeks of FQ1 that management shared on the FQ4 call in April."CIBC expects EBITDA margin up 512 basis points overall. "We should also see solid opex leverage on the top-line strength," Petrie added.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $77.20, Change: $-2.00, Percent Change: -2.53%

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TSX Surges 404 Points to Record High With Healthcare, Financials, Leading

TriStar Gold Closes $10.35-Million Brokered Private Placement; Shares Down 7%

CIBC Confirms Outperformer Rating on Groupe Dynamite and Raises Target to $100 Ahead of Q1 Results