News
US slams China for imprisoning Canadian man linked to Huawei case
The US has joined the global chorus of voices demanding for China to release a Canadian man who the has been detained on spying charges
The US is among countries calling for China to immediately release a Canadian businessman from prison. Chinese officials have sentenced Michael Spavor for up to 11 years for “spying on China’s national secrets”.
Has ‘hostage diplomacy’ implicated Spavor’s case?
Chinese authorities detained both Spavor and a former Canadian diplomat, Michael Kovrig. This came shortly after Canada arrested top Huawei executive Meng Wangzhou at Vancouver airport for violating sanctions against Iran.
Federal prosecutors have accused Kovrig of “using an ordinary passport and business visa to enter China to steal sensitive information and intelligence through contacts in China”.
Canada claims that Spavor’s arrest is a case of ‘hostage diplomacy’. The day prior, China upheld a death sentence for another Canadian Robert Schellenberg on drug smuggling charges.
The arrest of Huawei’s Meng Wanzhou
However, Chinese officials reject this claim. They’ve demanded for Canada to release Meng, who they claim is being held hostage at the at the behest of the US.
Chinese authorities had initially sentenced Schellenberg to 15 years in prison. However, federal prosecutors changed the verdict to a death sentence shortly after Canadian officials arrested Meng.
Meng’s extradition hearings are in their last few weeks. Canada’s Justice Minister will make a decision in the next few months as to whether to extradite Meng.
International backlash
Canadian Prime Minister Justin Trudeau says that Spavor’s conviction and sentencing was “absolutely unacceptable and unjust”.
“The verdict for Mr. Spavor comes after more than two and a half years of arbitrary detention, a lack of transparency in the legal process, and a trial that did not satisfy even the minimum standards required by international law,” he said.
Secretary of State Antony Blinken has also slammed the proceedings against both Spavor and Kovrig.
“We join our partners in condemning Beijing’s sentencing of Canadian citizen Michael Spavor,” he said in a statement. “People are not bargaining chips.”
News
AI stocks surge amid market shifts and spending warnings
AI sector drives economic growth; Meta adjusts strategy, Palantir’s valuation sparks questions, and Nvidia leads amid rising competition.
AI sector drives economic growth; Meta adjusts strategy, Palantir’s valuation sparks questions, and Nvidia leads amid rising competition.
The artificial intelligence sector continues to be a major driver of growth for both the U.S. and global economies. Companies at the forefront of AI innovation are influencing market trends and reshaping industries worldwide.
Meta’s stock has rebounded slightly following reports of potential cost-cutting measures and job reductions in its Reality Labs division. Investors are watching closely as the company adjusts its strategy to manage rising expenses and optimize innovation.
Palantir is trading at over 120 times forward sales and 180 times forward earnings, signaling investor confidence but also raising questions about valuation risks. Meanwhile, Nvidia maintains a market cap of $4.2 trillion as a leading AI chip supplier, yet competition is ramping up.
These moves highlight the growing tension between tech giants’ AI ambitions and the practical need to balance profits with heavy R&D spending.
Some analysts, however, warn that rapid growth may not be sustainable, with current levels of AI-related spending potentially overshooting realistic returns.
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#AIStocks #TechInvesting #Nvidia #Meta #Palantir #ArtificialIntelligence #StockMarket #TickerNews
News
AI investments set to surge in 2026 as companies target productivity gains
Analysts forecast $500 billion AI investment by 2026, transforming corporate spending priorities and enhancing economic productivity.
Analysts forecast $500 billion AI investment by 2026, transforming corporate spending priorities and enhancing economic productivity.
Analysts predict that artificial intelligence companies could invest over $500 billion in 2026, signaling a major shift in corporate spending priorities. This surge in capital allocation comes as businesses look to harness AI to drive growth and efficiency across multiple sectors.
Following strong third-quarter earnings, overall capital spending estimates for 2026 have been revised upward. However, investors are becoming more selective, focusing on companies that can clearly demonstrate revenue benefits from their AI investments, separating hype from tangible results.
AI adoption is expected to boost economic productivity, with significant investment already flowing into AI infrastructure such as semiconductors and data centres. The coming year could redefine how companies leverage technology to gain a competitive edge.
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#AIInvestment #TechGrowth #FutureEconomy #DataCenters #Semiconductors #ArtificialIntelligence #ProductivityBoost #CapitalSpending
News
Stocks, AI and the economy: What to expect in 2026
2025’s market turmoil analyzed: AI hype, tariffs, global politics, and Federal Reserve impacts—tune in for expert insights!
2025’s market turmoil analyzed: AI hype, tariffs, global politics, and Federal Reserve impacts—tune in for expert insights!
2025 has been a rollercoaster for investors, with AI hype, tariffs, and global politics shaking up markets. We break down what these trends mean for your portfolio and the risks ahead.
Joining us for insights is Kyle Rodda from Capital.com, who explains how Treasury yields, unemployment data, and inflation readings are shaping investor sentiment. We also dive into what the Federal Reserve’s recent moves could mean for 2026.
From the potential impact of a 43-day government shutdown to payroll numbers and market expectations, this episode gives you the clarity you need to navigate the next year in stocks.
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