Can the stockmarket swallow SpaceX, Anthropic and OpenAI?

Share prices are buffeted by far more than just new information

A widely circulated working paper suggests so

Open this photo in gallery:An employee works on the assembly line at Stellantis's assembly plant in Brampton, Ont., in 2023. Contract negotiations between the automaker and Unifor stalled last month over plans to sell the idled facility. Tijana Martin/The Globe and MailUnifor’s Stellantis STLA-N workers have voted overwhelmingly in favour of a strike, empowering the union to call a work stoppage amid contract talks that have hit an impasse over the automaker’s plans to close and sell its plant in Brampton, Ont. The automaker and the union began collective bargaining in August, but Unifor walked away from the table on Sept. 11 after Stellantis confirmed it has a preliminary agreement to sell its idled Brampton plant to Roshel, a maker of armoured vehicles. There have been no formal talks since then. Unifor, which represents 9,000 Stellantis workers in Canada, said on Monday than 97 per cent of votes cast were for a strike. “While we now have a mandate, that does not automatically mean a strike will occur,” Unifor said in a statement, adding the union is not in a legal strike position.

Open this photo in gallery:Canada has many opportunities to deliver its energy and resources to Asian markets, but it needs to boost its presence in the region to improve business relationships with potential customers, professor Kazuto Suzuki says. Amir Salehi/The Globe and MailPrime Minister Mark Carney should spend more time in Asia if Canada wants to secure energy trade deals with the region, says prominent Tokyo-based academic Kazuto Suzuki. Canada’s tumultuous trade relationship with the United States under President Donald Trump has led Mr. Carney to court closer ties with Europe. Last month, European Commission President Ursula von der Leyen called on Canada to become the European Union’s first “associate member.” In response, Mr. Carney pitched a new alliance between Canada and the bloc, who will meet in Montreal later this month. Dr. Suzuki, a professor at the University of Tokyo’s Graduate School of Public Policy and a member of the government’s Council for Japan’s Growth Strategy, said he understands why trade spats with the U. S. are pushing Mr. Carney closer to the EU. “If being an associate member opens the door for the EU, then probably that’s the right strategy.

The launch comes as Zerohash’s bid for a federal trust charter is still pending after its first application was returned.