Wheaton Precious Metals and Scotiabank are noted as beneficiaries of the strong momentum and revenue growth seen in AI stocks, driven by tariffs and onshoring trends.
2 reports, 1 independent
Updated Aug 23
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New informationRepeats or wire copies
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What happened
Wheaton Precious Metals and Scotiabank are noted as beneficiaries of the strong momentum and revenue growth seen in AI stocks, driven by tariffs and onshoring trends.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Trump-era tariffs and onshoring trends are linked to robust AI capital expenditure, involving Morgan Stanley.Sub-event
AI stocks are showing strong momentum and revenue growth due to tariffs and onshoring trends.1 source
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The entities involved
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Wheaton Precious Metals
Canadian multinational precious metals streaming company
Nothing else this week.
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
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Scotiabank
Canadian bank based in Toronto
Related events
- The new event concerns the impact of Trump-era tariffs and onshoring trends on Viatris.
- Elastic benefits from the trend of onshoring and tariffs associated with the Trump administration.
- Tariffs and onshoring trends may benefit AI stocks, with energy infrastructure like Kinder Morgan noting that they transport 40% of the natural gas produced in the US.
- Barclays raised its price target for Okta, noting that AI stocks are benefiting from the onshoring trend and Trump-era tariffs.
- U.S. tariffs are projected to cause a sharp cut in economic growth.
Coverage
Newest first; wire copies grouped- Insider MonkeyWheaton Precious Metals Corp. (WPM) Experiences Strong Momentum, Scotiabank Raises PT With strong year-to-date gains and significant hedge fund interest, Wheaton Precious Metals Corp. (NYSE:WPM) secu
- Insider MonkeyNational Bank Raises PT on Metalla Royalty & Streaming Ltd. (MTA) to $5.27; Scotiabank Maintains ‘Hold’ Rating With significant hedge fund interest and a share price under $5, Metalla Royalty & Strea