India, April 30 -- Canadian shares are likely to open on a mixed note on Wednesday with investors looking ahead to earnings updates from big name U.S. tech companies, including Microsoft and Meta Platforms. Canadian GDP data is also likely to make a significant impact on investor sentiment.
Weak commodity prices may weigh on resources stocks.
Preliminary data on Canada's GDP for the month of March, and final data for the month of February, are due at 8:30 AM ET.
In Canadian earnings news, Loblaw Companies (L.TO) reported adjusted net earnings of $570 million for first-quarter of 2025, an increase of $33 million, or 6.1%, compared to the year-ago quarter.
CGI Inc. (GIB.A.TO) reported adjusted net earnings of $480.7 million for fiscal 202...