Canadian banks too rich after searing 66% run, Jefferies says

Canada’s biggest bank stocks are running out of runway as valuations have fully priced in future growth, according to analysts with Jefferies Securities Inc.

Canada’s biggest bank stocks are running out of runway as valuations have fully priced in future growth, according to analysts with Jefferies Securities Inc.
The BoE also plans to remove an additional leverage buffer that mainly affects larger domestic-focused lenders. Credit: William Barton/Shutterstock.com The Bank of England (BoE) plans to loosen a key capital rule for UK lenders, in a move aimed at helping banks maintain lending and support financial markets during periods of stress. The proposal centres on…
The AI transcription app turns hours of audio into structured, searchable notes in minutes, with support for more than 90 languages. SAN FRANCISCO, July 6, 2026 /PRNewswire/ — VOMO, the AI-powered meeting notes and audio transcription app from EverGrow Tech Inc., today announced it has surpassed 400,000 users worldwide. The milestone reflects growing demand for…
Key insight: As AI-assisted coding becomes more common and economically viable, the burden on automated testing suites increases. What’s at stake: The limiting factor in payment infrastructure will not be whether teams can produce more code. It will be whether they can prove that sensitive logic still behaves safely across the messy reality of production…
Actor Orlando Bloom‘s former Beverly Hills mansion is being offered up as a luxury rental, with a hefty asking price of $31,000 a month—with many of the Hollywood star‘s custom upgrades still found throughout the elegant and modern dwelling. Bloom, 49, snapped up the four-bedroom, four-bathroom property in 2017 for $7 million, then made his…
The “Magnificent Seven” cohort is made up of seven of the largest tech stocks in the world. The seven members are (ranked from largest to smallest by market cap): Nvidia (NVDA +0.84%) Alphabet (GOOG +0.54%) (GOOGL +0.50%) Apple (AAPL +0.99%) Microsoft (MSFT 1.71%) Amazon (AMZN +0.21%) Tesla (TSLA +2.97%) Meta Platforms (META +0.93%) Up until…
MOLINE, Ill., July 8, 2026 /PRNewswire/ — An agreement announced today by John Deere, the Federal Trade Commission, and five states ensures farmers and ranchers will have access to the diagnostic and repair tools that help them and independent service technicians maintain and repair their current and future John Deere equipment. “This is good news…