Exxon Mobil Corp (NYSE:XOM, ETR:XONA) shares ticked up 2% Tuesday after word spread that the US oil major has signed a preliminary agreement with Russia’s Rosneft to claw back billions lost when it exited the country in 2022.
According to Reuters, the deal, described by two people familiar with the talks, is not legally binding but lays out terms for negotiations aimed at recovering the $4.6 billion charge Exxon booked after it abandoned its stake in the Sakhalin-1 oil and gas project.
The haze may finally be lifting over Canadian cannabis equities. On Tuesday, shares in Tilray Inc (NASDAQ:TLRY), Canopy Growth Corporation (TSX:WEED, NYSE:CGC) and Auxly Cannabis Group Inc (TSX:XLY) were among the most actively traded gainers, buoyed by renewed optimism that U.S. policymakers are edging closer to softening federal restrictions on marijuana.
Washington chatter has intensified over the past week that cannabis could be reclassified under U.S. drug laws, shifting it away from the strictest Schedule I designation.
Better Home & Finance Holding Company (NASDAQ: BETR) shares powered 45% higher to $72.49 in late-morning trading on Tuesday after activist investor Eric Jackson called the artificial intelligence (AI)-Native mortgage lender "the Shopify of mortgages."
Jackson, founder of hedge fund EMJ Capital, had previously thrown his support behind Opendoor Technologies, which surged 1600% over three months following his endorsement.
Canadian precious-metals stocks were in demand Tuesday as gold pushed to a fresh record high, buoyed by signs that China is seeking a larger role in the bullion market.
Traders drove gold higher after reports that the People’s Bank of China is courting central banks from allied nations to buy and store bullion through the Shanghai Gold Exchange.
Almonty Industries Inc (TSX:AII, OTCQX:ALMTF, ETR:ALI) shares jumped 13% Tuesday after the tungsten producer launched a large-scale drilling program at its Sangdong Molybdenum Project in South Korea.
The campaign aims to confirm mineral reserves ahead of possible production, potentially positioning the company as a key supplier of a strategic metal increasingly in demand.
Boeing Co (NYSE:BA, ETR:BCO) shares rose 2.5% in premarket trading on Tuesday as Washington and Beijing moved closer to sealing a long-awaited aircraft order that could feature prominently in a broader trade pact between the two nations.
Reports suggest the deal could cover as many as 500 aircraft, an agreement that has been years in the making.
After a bruising session on Monday, Kenvue Inc (NYSE:KVUE) shares staged a 6% rebound in premarket trade on Tuesday, clawing back much of the previous day’s 7.5% drop.
The rally came after President Donald Trump repeatedly told pregnant women to avoid Tylenol, reviving disputed claims of a link between the painkiller and autism.
After-hours buyers may have overindulged: Nvidia Corp (NASDAQ:NVDA, ETR:NVD) shares, fresh from a 4% jump to a record close of $183.61 on Monday, slipped 1% in premarket trading on Tuesday.
Even so, the stock is up 32% this year, valuing the company at $4.46 trillion, the world’s most valuable listed business.
Tap Global Group Plc (LSE:TAP) shares soared more than 45% higher after a trading update said revenue, in the year ended 30 June, will amount to £3.44 million, which represents a 30% gain.
The company said income will be further boosted by £0.42 million from the recovery of Bitcoin, as previously announced in May 2025, and the board expects the business will be materially EBITDA positive for the year.