Welcome to Markets Desk, here's what's moving the tape this afternoon.
The U.S.-Canada trade war is drawing blood in the aerospace sector, with Bombardier shares sliding as tariff pressure intensifies and the threat of further escalation looms. Analysts are watching closely for any new targets that could ripple through Canadian industrial names before the session closes.
Shifting to semiconductors, Intel is catching a bid today after reports that the chip maker is preparing another round of price increases on its PC processors. With supply chain costs climbing across the board, Intel appears to be passing pressure downstream, and the market is reading that as a sign of pricing power returning to the company.
And in quantum computing, D-Wave Quantum surged after the company secured one hundred million dollars in government funding. That kind of contract win validates the commercial case for near-term quantum applications and gives D-Wave a runway that pure private funding rarely provides, explaining why the stock moved with conviction rather than speculation.
That's the tape. Markets Desk, signing off the floor.
