News of the day: Home sales gain, stellar satellite maker stock, RBC turns to AI, public sector pension returns, don’t hate Elon Musk’s success, and more (opens original article in a new tab)

Canadian home sales rose in May, space sector stocks gained momentum, and public sector pensions posted strong returns, while RBC adopts AI tools for business insights.

• Canadian home sales increased in May with the strongest month-over-month growth of the year
• TSX top performer 5N Plus Inc. shares rose over 125% year to date due to space infrastructure spending
• Public Sector Pension Investment Board reported 6.5% return in fiscal 2026 with $320.6 billion in assets