Company News for May 17, 2024

Moneywise
‘I’m counting on this income’: Single mom in NC faces squatter nightmare after Airbnb guests refuse to leave
She’s relying on that rent to put her son through college.
The Motley Fool
How Much Will Enbridge Pay in Dividends This Year?
Here's what investors should expect from Enbridge's dividend in 2024. The post How Much Will Enbridge Pay in Dividends This Year? appeared first on The Motley Fool Canada.
Barrons.com
Nvidia Stock Slips. New Price Target Is Highest on Wall Street.
FEATURE Nvidia stock was trading down slightly Monday. The chip maker has been getting more price-target upgrades on Wall Street. Nvidia shares fell 0.6% at $131.07 on Monday. The stock closed up 1.
Insider Monkey
NVIDIA Corporation (NYSE:NVDA) VS AMD: Who Will Win the AI PC Race?
We recently published a list of the 8 Best AI PC Stocks to Buy Now. Since NVIDIA Corporation (NYSE:NVDA) ranks 2nd in the list, it deserves a deeper look. When the AI revolution began with the launch of ChatGPT, no one would have thought that down the road it would bring a huge growth catalyst […]
Business Insider
Stocks are in a sweet spot but bears still fear a bubble is near bursting. Here's what 5 forecasters are saying about a potential crash.
The S&P 500 risks as much as an 86% crash when the "bubble of all bubbles" burst, one economist warned.
Fortune
Stocks are sexy, but these market gurus see a generational opportunity in bonds
“The entry point is just very, very attractive,” Nuveen's CIO of fixed income Anders Persson told Fortune.
The Motley Fool
1 Gold Stock to Buy for More Growth, Less Risk
This gold stock has seen shares rise 15% in the last year. But it's more than just the price of gold lending a hand to this rising share price. The post 1 Gold Stock to Buy for More Growth, Less Risk appeared first on The Motley Fool Canada.
GOBankingRates
I’m Retired and I Regret Investing In My 401(k) — Here’s Why
When it comes to funding their golden years, most Americans rely heavily on their 401(k) retirement accounts to make it happen. But for 67-year-old retiree Therese R., that widely-accepted wisdom...
The Motley Fool
TFSA: 3 Canadian Stocks to Buy and Hold Forever
These top Canadian stocks can help TFSA investors generate solid capital gains and dividend income for years. The post TFSA: 3 Canadian Stocks to Buy and Hold Forever appeared first on The Motley Fool Canada.
Reuters
Caterpillar's Russian assets transferred to firm owned by Armenian fund
Caterpillar Inc suspended operations in its manufacturing facilities in Russia in 2022, joining a number of foreign companies that halted business in the country after Moscow's February 2022 invasion of Ukraine. Russian President Vladimir Putin approved the purchase of Caterpillar's assets by a company called PSK-New Solutions in November 2023.
Associated Press
The IRS wants to end another major tax loophole for the wealthy and raise $50 billion in the process
The IRS plans to end a major tax loophole for wealthy taxpayers that could raise more than $50 billion in revenue over the next decade, the U.S. Treasury Department says. The proposed rule and guidance announced Monday includes plans to essentially stop “partnership basis shifting" — a process by which a business or person can move assets among a series of related parties to avoid paying taxes. Biden administration officials said after evaluating the practice that there are no economic grounds for these transactions, with Deputy Treasury Secretary Wally Adeyemo calling it “really just a shell game.”
Yahoo Finance
Latest inflation data provides potential for 'even greater upside' in the stock market rally
Positive developments in inflation data have Wall Street feeling more positive about the outlook for stocks into the end of the year.
Yahoo Finance Canada
Canada real estate: Home sales down in May, listings up slightly amid 'sleepy month'
The price of an average home in Canada was $699,117 in May, CREA says, down 4% on an annual basis.
The Motley Fool
If I Could Only Buy 2 Stocks in 2024, I’d Pick These
Do you want some of the best stocks in 2024 to buy for long-term growth? Here are two options that are too hard to ignore. The post If I Could Only Buy 2 Stocks in 2024, I’d Pick These appeared first on The Motley Fool Canada.
Simply Wall St.
Super Micro Computer And Two More Stocks Estimated To Trade Below Fair Value
As global markets navigate through varying degrees of volatility, with technology stocks showing robust performance amid shifting economic indicators, investors are keenly watching for opportunities. In this context, identifying stocks that trade below their fair value can be particularly compelling, offering potential for appreciation in a market ripe with both challenges and opportunities.
Barrons.com
Polestar Pops. The EV Maker Is Selling Cars Using an Old Model.
Electric vehicle start-up Polestar Automotive has a new way to sell its cars. On Monday, Polestar said it is initiating a “non-genuine” sales model across Europe. The model allows the car buyer and the dealer to haggle over the price, which many Americans are familiar with.
Business Insider
The AI boom is unraveling the most dominant tech trade of the last decade
"The cart is in front of the horse as it relates to GenAI software, there's just no applications," Baird's Ted Mortonson told Business Insider.
Bloomberg
Fisher Sells Stake of Up to $3 Billion to Advent, Abu Dhabi Fund
(Bloomberg) -- Private equity firm Advent International and a unit of the Abu Dhabi Investment Authority are buying a minority stake in billionaire Ken Fisher’s Fisher Investments worth as much as $3 billion.Most Read from BloombergFlesh-Eating Bacteria That Can Kill in Two Days Spreads in JapanHow the US Mopped Up a Third of Global Capital Flows Since CovidThese Are the World’s Most Expensive Cities for Expats in 2024Ukraine Bid for Global South Support Falters at Swiss SummitSafeguards Against
Simply Wall St.
Laurentian Bank of Canada (TSE:LB) Will Pay A Dividend Of CA$0.47
Laurentian Bank of Canada ( TSE:LB ) has announced that it will pay a dividend of CA$0.47 per share on the 1st of...
The Motley Fool
This 9.4 Percent Dividend Stock Pays Cash Every Month
Here's how BTB REIT (TSX:BTB.UN) could sooth your high-yield monthly dividend income cravings. The post This 9.4 Percent Dividend Stock Pays Cash Every Month appeared first on The Motley Fool Canada.

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Company News for May 17, 2024

Latest Stories

‘I’m counting on this income’: Single mom in NC faces squatter nightmare after Airbnb guests refuse to leave

How Much Will Enbridge Pay in Dividends This Year?

Nvidia Stock Slips. New Price Target Is Highest on Wall Street.

NVIDIA Corporation (NYSE:NVDA) VS AMD: Who Will Win the AI PC Race?

Stocks are in a sweet spot but bears still fear a bubble is near bursting. Here's what 5 forecasters are saying about a potential crash.

Stocks are sexy, but these market gurus see a generational opportunity in bonds

1 Gold Stock to Buy for More Growth, Less Risk

I’m Retired and I Regret Investing In My 401(k) — Here’s Why

TFSA: 3 Canadian Stocks to Buy and Hold Forever

Caterpillar's Russian assets transferred to firm owned by Armenian fund

The IRS wants to end another major tax loophole for the wealthy and raise $50 billion in the process

Latest inflation data provides potential for 'even greater upside' in the stock market rally

Canada real estate: Home sales down in May, listings up slightly amid 'sleepy month'

If I Could Only Buy 2 Stocks in 2024, I’d Pick These

Super Micro Computer And Two More Stocks Estimated To Trade Below Fair Value

Polestar Pops. The EV Maker Is Selling Cars Using an Old Model.

The AI boom is unraveling the most dominant tech trade of the last decade

Fisher Sells Stake of Up to $3 Billion to Advent, Abu Dhabi Fund

Laurentian Bank of Canada (TSE:LB) Will Pay A Dividend Of CA$0.47

This 9.4 Percent Dividend Stock Pays Cash Every Month