TSX Slides 0.3% Over Iran Standoff

Toronto's S&P/TSX composite fell 0.3% to 33,818.19 as oil prices rose and geopolitical tension persisted.
U.S.-Iran negotiations stalled after President Trump rejected a proposal, keeping the Strait of Hormuz largely closed and spiking oil.
OpenAI missed 2025 user and revenue targets, prompting CFO Sarah Friar and the board to warn of cost pressures before IPO.
Shares of AI-linked firms fell, with Oracle down over 6%, CoreWeave over 7%, and SoftBank plunging 9.86% in Tokyo trading.