Canada

5 stories since 27 October 2026, newest first

29 October 2026

SK hynix posts record quarterly profit as Asian tech stocks rally

SK hynix reported third-quarter operating profit of US$62.8bn, up 632% on the year, marking six straight quarters of record revenue and operating profit. Asian technology shares surged after the results, with investors citing renewed optimism about artificial intelligence demand. Separately, Anthropic reported first-half revenue growth of about 1,300% in its IPO filing, and Broadcom, Citi, Blackstone and Morgan Stanley announced a US$63bn financing structure for the company. Markets were also awaiting the Federal Reserve's policy decision.

World

Xreal cuts Aura smartglasses price through December

Xreal has reduced the price of its Aura smartglasses to $1,099 through the end of the year, down from the $1,279 preorder price announced last month. Customers who preordered at the higher price will be refunded the difference automatically, according to Xreal general manager Ralph Jodice. The glasses weigh 95 grams, run Android XR on a tethered compute puck, and will ship in mid-November in the United States, Canada and South Korea, with Japan following on 2 Nov. Xreal and Google describe the device as offering more than 150 dedicated XR experiences.

Discord to expose public server messages to search engines

Discord will let search engines index messages from its public Discoverable Servers starting in mid-December 2026, according to the company. The platform says more than 63,000 such servers host discussions on topics such as gaming, fandoms and language learning. From 16 November 2026, each Discoverable Server will get a public web page with automated summaries of active channel conversations. Usernames and avatars will not appear on published messages. Private servers, direct messages and group direct messages are excluded.

28 October 2026

Economy

US fuel prices climb sharply amid Iran war

US gasoline averaged about $4.29 a gallon on 26 Oct, according to AAA, up from $3.05 a year earlier and roughly 43% higher since the conflict with Iran began in February. Diesel averaged about $6.35 a gallon after hitting a record $6.53 in September. GasBuddy analyst Patrick De Haan expects gasoline to stay above $4 and diesel above $6 through Election Day. The Centre for Research on Energy and Clean Air (CREA) estimates US consumers have paid an extra $471 in fuel costs since the war began. White House spokeswoman Taylor Rogers said prices would fall once the conflict ends.

27 October 2026

Economy

Microsoft opens buyout offer to about 60,000 staff

Microsoft is offering voluntary exit packages to roughly 60,000 employees, about 27% of its workforce, in the United States, Canada, India and the United Kingdom. The company says eligibility covers staff at level 70 or below and vice presidents and below. Employees must accept by the first week of December, with departures on 31 Dec. The offer follows an April early retirement scheme that about 30% of those eligible accepted, and a July cut of 4,800 jobs. Microsoft is spending heavily on AI data centers while reducing headcount to trim costs. Shares rose about 1% on Monday, 26 Oct.

Topics