Canada is experiencing abnormally dry conditions, prompting the country to import electricity from the United States. This unusual reversal of energy flow is due to low water levels in Canadian reservoirs, resulting in a shortage of hydroelectric power. As a result, Canada is relying on its neighbor to the south to meet its energy needs.
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Why Deckers Outdoor Stock Jumped Today
Shares of Deckers Outdoor (NYSE: DECK), known for brands like Hoka and UGG, rose by 11.7% after the company reported better-than-expected first-quarter results, alleviating investor concerns following a significant stock decline earlier in the year due to tariff fears and weakening consumer sentiment. The positive results reaffirmed confidence in the company's growth trajectory. Want More Context? 🔎
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