12:54:28 EST Fri 06 Feb 2026
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Thomson Reuters Corp (3)
Symbol TRI
Shares Issued 444,962,490
Close 2026-02-05 C$ 120.95
Market Cap C$ 53,818,213,166
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Globe says Thomson Reuters's Hasker remains bullish

2026-02-06 08:49 ET - In the News

The Globe and Mail reports in its Friday edition that Thomson Reuters boss Steve Hasker said a plunge in the value of software and data providers this week "represents anxiety and not fundamentals," adding in an interview that his company's confidence in its AI strategy. The Globe's James Bradshaw writes that the information software and news provider reaffirmed its financial targets for 2026 and reported a 5-per-cent rise in quarterly profit, signalling a bullish outlook for the year even after its share price dropped 18 per cent over three days as part of a broader sell-off of tech stocks. This week, Thomson Reuters was one of several companies that suffered when Anthropic released new AI-backed productivity tools for lawyers, feeding into investor uncertainty about who will be the winners and losers from artificial intelligence. Thomson Reuters is projecting its revenue will rise by 7.5 per cent to 8 per cent this year, after it reported nearly $7.5-billion (U.S.) in revenue in 2025 and strong fourth-quarter results on Thursday. Mr. Hasker said companies such as Anthropic will struggle to replicate what Thomson Reuters offers. Scotia Capital analyst Maher Yaghi said he sees "positive momentum" for Thomson Reuters.

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