--- title: "North American Morning Briefing: Nasdaq Futures Slump as Tech Selloff Rages On -2-" type: "News" locale: "en" url: "https://longbridge.com/en/news/290951580.md" description: "North American markets face tech selloff pressure. Key corporate updates include Calian acquiring Galaxy Broadband for up to C$51.5M, Equinox Gold securing land access at Los Filos Mine, and Titan Mining partnering with the US Army for critical minerals processing. Financial reports show Medexus missed Q4 revenue estimates, while Sherritt filed Q1 2026 statements. Analyst actions feature upgrades for Keurig Dr Pepper, Qualcomm, and Xylem, alongside downgrades for Affirm Holdings, Apollo Commercial Real Estate, and PVH Corp." datetime: "2026-06-26T10:33:58.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/290951580.md) - [en](https://longbridge.com/en/news/290951580.md) - [zh-HK](https://longbridge.com/zh-HK/news/290951580.md) --- # North American Morning Briefing: Nasdaq Futures Slump as Tech Selloff Rages On -2- Now, after his protégés and allies swept primary elections this week, some of the city's business elites are springing into action-at least, that's what they plan on doing. Write to priscila.barrera@wsj.com TODAY IN CANADA Earnings: Corus Entertainment 3Q Economic Indicators (ET): Nothing major scheduled Stocks to Watch: Calian Group Enters Definitive Agreement To Acquire Galaxy Broadband, Expanding Communications And Connectivity Capabilities Across Canada; to Buy Galaxy Broadband for C$24M Upfront, Added Earnout Consideration of C$27.5M Crown Capital Partners to Sell Galaxy Broadband to Calian for Up to C$51.5M Equinox Gold Secures Long-Term Land Access Agreements With All Three Communities at Los Filos Mine; Planning, Technical Work Underway to Support Los Filos Mine Restart, Annual Production Expansion Medexus Pharmaceuticals 4Q Revenue $24.7M; FactSet Est. $25.6M; 4Q Adj EBITDA $4.28M; 4Q Net Loss $2.68M; 4Q Revenue Misses Estimates Montage Gold William Lundin and Teitur Poulsen Appointed as Non-Executive Directors of the Co Sherritt International Files 1Q 2026 Financial Statements, MD&A and Related Certifications; 1Q Rev C$34M; 1Q Loss/Shr C$0.02 Titan Mining Selected by US Army to Establish Public-Private Partnership for Domestic Critical Minerals Processing on Strategic Defense Installations; First-Ever Public-Private Partnership for Domestic Critical Minerals Processing on Strategic Defense Installations Expected Major Events for Friday 00:30/JPN: May Detailed Import & Export Statistics 09:00/ITA: Jun Consumer Confidence Survey 09:00/ITA: Jun Business Confidence Survey 10:00/ITA: May Foreign Trade non-EU 12:30/US: May Advance Economic Indicators Report 14:00/US: Jun University of Michigan Survey of Consumers - final All times in GMT. Powered by Onclusive and Dow Jones. Expected Earnings for Friday Apogee Enterprises Inc (APOG) is expected to report $0.38 for 1Q. Beyond Air Inc (XAIR) is expected to report for 4Q. Cineverse Corp (CNVS) is expected to report for 4Q. Corus Entertainment Inc - Class B (CJR.B.T,CJREF) is expected to report for 3Q. Cyanotech Corp (CYAN) is expected to report for 4Q. Devolver Digital Inc (DEVO.LN) is expected to report for Full year. Digital Turbine Inc (APPS) is expected to report $-0.07 for 4Q. Powered by Onclusive and Dow Jones. ANALYST RATINGS ACTIONS Affirm Holdings Cut to Equal-Weight From Overweight by Morgan Stanley Apollo Comml Real Estate Cut to Neutral From Buy by BTIG Exelixis Cut to Hold From Buy by Truist Securities Identiv Cut to Hold From Buy by Lake Street Keurig Dr Pepper Raised to Overweight From Equal-Weight by Barclays Primoris Services Raised to Neutral From Sell by Goldman Sachs PVH Corp Cut to Underperform From Neutral by B of A Securities Qualcomm Raised to Equal-Weight From Underweight by Morgan Stanley UWM Holdings Raised to Outperform From Market Perform by Keefe, Bruyette & Woods Xylem Raised to Buy From Hold by Jefferies This article is a text version of a Wall Street Journal newsletter published earlier today. (END) Dow Jones Newswires June 26, 2026 06:19 ET (10:19 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. ### Related Stocks - [QCOM.US](https://longbridge.com/en/quote/QCOM.US.md) - [PVH.US](https://longbridge.com/en/quote/PVH.US.md) - [AFRM.US](https://longbridge.com/en/quote/AFRM.US.md) - [ARI.US](https://longbridge.com/en/quote/ARI.US.md) - [KDP.US](https://longbridge.com/en/quote/KDP.US.md) - [EQX.US](https://longbridge.com/en/quote/EQX.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [XYL.US](https://longbridge.com/en/quote/XYL.US.md) - [TII.US](https://longbridge.com/en/quote/TII.US.md) - [QCMD.US](https://longbridge.com/en/quote/QCMD.US.md) - [AFRU.US](https://longbridge.com/en/quote/AFRU.US.md) - [QCMU.US](https://longbridge.com/en/quote/QCMU.US.md) - [QCML.US](https://longbridge.com/en/quote/QCML.US.md) - [ONEQ.US](https://longbridge.com/en/quote/ONEQ.US.md) - [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md) - [QQQM.US](https://longbridge.com/en/quote/QQQM.US.md) - [QQEW.US](https://longbridge.com/en/quote/QQEW.US.md) - [QQQE.US](https://longbridge.com/en/quote/QQQE.US.md) - [TQQQ.US](https://longbridge.com/en/quote/TQQQ.US.md) - [QLD.US](https://longbridge.com/en/quote/QLD.US.md) - [PSQ.US](https://longbridge.com/en/quote/PSQ.US.md) - [SQQQ.US](https://longbridge.com/en/quote/SQQQ.US.md) - [QID.US](https://longbridge.com/en/quote/QID.US.md) ## Related News & Research - [Qualcomm, Samsung expand collaboration as Snapdragon powers new Galaxy smartphones, watches, eyewear lineup](https://longbridge.com/en/news/293477279.md) - [Honor confirms August global launch of its first Robot Phone at WAIC 2026](https://longbridge.com/en/news/293152701.md) - [Resolute Advisors LLC Cuts Stake in Invesco QQQ $QQQ](https://longbridge.com/en/news/293324765.md) - [Mapping the Market: Nasdaq troubles run deeper that they appear](https://longbridge.com/en/news/293322084.md) - [RBC Capital Sticks to Their Buy Rating for Equinox Gold (EQX)](https://longbridge.com/en/news/292702412.md)