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Super Micro stock soars after upbeat revenue forecast shows robust AI demand
Super Micro Computer SMCI-Q jumped over 12 per cent on Wednesday after it forecast quarterly revenue and profit margin comfortably above Wall Street estimates, signaling that AI data center demand remains resilient. Shares of the AI server maker rose 12.2 per cent to US$36.44 in premarket trading. Super Micro forecast first-quarter revenue between US$18.5-billion and US$19.5-billion, above analysts’ expectations of US$15.23-billion, according to data compiled by LSEG. It now expects profit margins in the range of 12 per cent to 12.5 per cent versus earlier expectations of between 10.4 per cent and 10.8 per cent. The ongoing scramble to build data centres has largely benefited semiconductor and AI server makers, including Super Micro. Microsoft MSFT-Q, Google GOOGL-Q, Amazon AMZN-Q and Meta META-Q are expected to spend more than US$700-billion on AI infrastructure this year. Other server makers Dell DELL-N and Hewlett Packard Enterprise HPE-N also gained 5.2 per cent and 4 per cent, respectively, before the bell.

Canadians are looking for somewhere to belong. Why should employers care?
If we want a stronger workforce tomorrow, we need to invest in the people, places and opportunities that help foster belonging today, writes Lesley Davidson
Heckler disrupts Nvidia CEO Huang’s speech at Berlin conference
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OCC finalizes GENIUS Act rules for stablecoin issuers and custody
Latest NewsPublishedOct 21, 2026The Office of the Comptroller of the Currency’s final rule covers payment stablecoin issuance and some custody activities, with the GENIUS Act framework taking effect in mid-January. The US Office of the Comptroller of the Currency finalized rules Wednesday for payment stablecoin reserves, redemptions and related custody activities, implementing the GENIUS Act for entities under its jurisdiction. The final rule states issuers must maintain reserves worth at least as much as their outstanding stablecoins and generally process redemption requests within two business days. The rule applies to national banks, federal savings associations and federal branches and their subsidiaries, as well as nonbank firms that seek or receive federal qualified issuer status, according to the agency’s announcement. It also covers state-qualified issuers when the OCC has regulatory or enforcement authority over them. The rule and the GENIUS Act will take effect Jan. 18, 2027.

A First Nation community in Ontario is using a data centre to preserve its heritage
Open this photo in gallery:Wiikwemkoong's Chief Technology Officer Michael McCormick, left, and workers stand outside the community's data centre in Wiikwemkoong, Ont., July 22. Kelvin Chan/The Associated PressFor thousands of years, Indigenous peoples have passed down their traditions and culture through oral storytelling. Now, a Canadian Indigenous community is using a data centre to help preserve its heritage. The Wiikwemkoong Unceded Territory in rural Ontario installed a small data centre as it modernized its recordkeeping systems. Among the digital files it holds are video recordings of Anishinaabe speaking their native language. “Our language is one of the biggest things that most First Nations across the country are losing,” said Wiikwemkoong Chief Tim Ominika. “We will have our knowledge keepers, our language speakers who may be moving on to the spirit world, but their legacy is still going to be protected for many years to come by having our own data systems in place and protecting that.” Open this photo in gallery:Wiikwemkoong Chief Tim Ominika.

Why centralized exchanges refuse to list legacy crypto tokens without explicit SEC immunity
Skip to main contentCrypto NewsOct 21, 2026, 8:12 a.m. EDT2 min read(Nikhilesh De/CoinDesk)SummaryVault12 says exchanges want assurance the SEC won’t later challenge a token’s exit from securities rules before listing it. The firm raised $17.45 million selling VGT in 2018 and says it met or dropped every promise, yet the token has never traded on a centralized exchange. Vault12 wants filings to become conclusive if the SEC doesn’t object within 60 days, a fix it says would give exchanges certainty to list. The issuer of a cryptocurrency token that has never traded on a major exchange has presented an early test of the U. S. Securities and Exchange Commission’s (SEC) proposed safe harbor framework. Crypto wallet backup firm Vault12, backed by Winklevoss Capital and Naval Ravikant, warned that the SEC’s proposed token safe harbor could leave exchanges unwilling to list tokens because of the risk of a later regulatory challenge. The safe harbor is part of the SEC’s Regulation Crypto Assets proposal, issued in August to establish conditions under which a token would no longer be subject to its original investment contract.
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