The healthcare sector is getting a safe haven boost. This one stock is headed for a long-term breakout

Published: October 21, 2026 at 2:51p.m. EDTJed Ellerbroek, portfolio manager at Argent Capital Management, joins BNN Bloomberg to share his Hot Picks in software & industrials. U. S. software and industrial stocks offer opportunities across businesses with different growth drivers. Valuations and the durability of demand are central to the investment case. BNN Bloomberg spoke with Jed Ellerbroek, portfolio manager at Argent Capital Management, about his picks: Dynatrace, Amazon and TransDigm. How to set BNN Bloomberg as your preferred source on GoogleKey TakeawaysDynatrace could benefit from stronger software demand, though Ellerbroek wants it to prioritize organic growth over further acquisitions. Strong computing demand and Anthropic’s expansion underpin Ellerbroek’s expectations for accelerating growth at Amazon Web Services. Amazon’s retail business remains an important earnings driver, with Ellerbroek pointing to sales growth and improving margins. Resilient air travel demand supports TransDigm’s replacement parts business despite concerns about higher fuel costs.

A New Mexico judge ruled Wednesday that Meta must pay US$25 billion to the state after a jury found last month that the social media giant had deceived users in a case related to the Cambridge Analytica scandal, according to media reports. The penalty comes a couple of months after Meta agreed to pay $18 billion to settle claims brought by 48 other states, including allegations tied to Cambridge Analytica. Cambridge Analytica was a political consulting firm found to have improperly harvested personal data from millions of Facebook users for targeted political advertising, notably during the 2016 U. S. presidential election. Cambridge Analytica offices in London, England Building in central London that contains Cambridge Analytica offices, seen on March 23, 2018. (Alastair Grant / AP) Revelations at the time showed that the firm had obtained data gathered through a personality quiz app called “thisisyourdigitallife,” which was installed by about 270,000 users but also collected information on their friends. In total, the app reached roughly 87 million Facebook users worldwide.

Company NewsUpdated: October 21, 2026 at 2:42p.m. EDTPublished: October 21, 2026 at 2:33p.m. EDTCover art for the 'Mass Effect: Legendary Edition' game. (BioWare/Electronic Arts) It’s the end of an age for Alberta’s only AAA video game studio as BioWare announced Wednesday it would be shutting down. The studio behind beloved games and franchises like Baldur’s Gate, Star Wars: Knights of the Old Republic, Mass Effect, and Dragon Age was founded in Edmonton in 1995. “After more than three decades of shared adventures, Bioware is closing and early development on the next Mass Effect project is ending,” the studio wrote in an announcement online. The company was acquired by Electronic Arts (EA) in 2007.

OTTAWA — Some government websites have been taken down temporarily as a precaution against a security risk, says Artificial Intelligence Minister Evan Solomon. In a social media post, Solomon says the websites went dark to protect government systems and Canadians’ information following guidance from the Canadian Centre for Cyber Security. He says this is being done in response to a vulnerability identified in PHP, a widely used programming language. Solomon says this is a global issue and governments and organizations around the world are also taking protective measures. The FBI’s cyber division says the vulnerability could allow malicious actors to remotely execute code in the programming language, potentially compromising sensitive data and networks. The PHP Foundation, which includes developers who work on securing the programming language, says it has released fixes for the vulnerabilities, along with instructions on how to update systems. This report by The Canadian Press was first published Oct. 21, 2026With files from The Associated PressCatherine Morrison, The Canadian Press

Company NewsPublished: October 21, 2026 at 2:32p.m. EDTGavin Graham, CIO and portfolio manager at Spire Wealth Management, joins BNN Bloomberg to share stocks to keep on your radar. Canadian miner Teck Resources said on Wednesday it received strike notice from United Steelworkers Local 7619 at its Highland Valley Copper operations in British Columbia. The notice entitles the union to begin strike action as early as Oct. 24, 8:00 a.m. PT, Teck said. Contingency plans are in place to maintain safety and environmental management during any labour action, it added. Operations continue at Highland Valley Copper, according to the miner. Teck said it remains committed to reaching a collective agreement that is fair and reasonable for employees while supporting the operation’s ongoing viability. The collective agreement at Highland Valley Copper expired on Sept. 30.(Reporting by Varun Sahay in Bengaluru)

Published: October 21, 2026 at 2:30p.m. EDTBrenda O'Connor Juanas, private advisor and managing director at Rockefeller Capital Management, joins BNN Bloomberg to discuss the markets. Third quarter results are testing whether corporate profits can withstand higher oil prices and borrowing costs. The season is also sharpening questions about stock valuations and portfolio positioning. BNN Bloomberg spoke with Brenda O’Connor Juanas, managing director and private advisor at Rockefeller Global Family Office, about navigating the earnings season and weighing opportunities across asset classes. How to set BNN Bloomberg as your preferred source on GoogleKey TakeawaysO’Connor Juanas cited 29 per cent earnings growth, an 84 per cent earnings beat rate and revenue growth across all 11 S&P sectors. She said stocks were trading at 19 times forward earnings, below their five- and 10-year averages, supporting her positive view on equities. High-quality investment-grade corporate bonds offering yields above six per cent present an attractive opportunity to lock in income, she said.