Here are five things you need to know this morning
Earnings season swings into high gear: Earnings season has swung into high gear with several major companies in Canada and the U.S. reporting their latest results this morning. Shares of General Motors are trading lower in the premarket. The automaker is forecasting profit growth of as much as US$2 billion, and has increased dividends and share buybacks. The move is fueled by demand for its highest margin vehicles. GM’s new guidance rests on selling more of its largest trucks and SUVs and fewer electric vehicles.
Sales and profit up at Boeing: Boeing reported a 57 per cent bump in sales during the final three months of 2025, as the U.S. planemaker continues its recovery and benefits from surging orders. Revenue rose to nearly US$24 billion. Earnings were boosted by a $9.6 billion gain tied to the sale of Boeing’s Jeppesen digital aviation subsidiary last year. Boeing is emerging from a half decade of operational and quality meltdowns, under the direction of new CEO Kelly Ortberg.
UnitedHealth forecasts revenue decline: Shares of UnitedHealth traded lower in the pre-market. The U.S. health-care giant is forecasting a decline in 2026 revenue, marking the first annual contraction in more than three decades. The U.S. government’s plan to hold payments flat for private Medicare is adding pressure on the insurer. United is also shedding insurance membership, divesting overseas assets and shrinking its U.S. footprint for some areas. On the upside, the company’s profit outlook came in slightly above estimates.
Profit drops at Metro: Metro Inc. saw lower first quarter profit, weighed down by the temporary closure of its frozen food distribution centre in Toronto and food inflation pressures. On the upside, revenue for the Montreal-based grocery chain rose more than 3 per cent with growth in same store food and pharmacy sales as well as online sales.
Canada – India trade deal: Canada and India have pledged to expand trade in oil and gas. This pledge comes after a lengthy diplomatic chill between the two countries. Canada will ship increased quantities of crude oil and liquefied natural gas, while in return India will send more refined petroleum products. Canada’s energy minister says these talks show the country is committed to diversifying its exports.
