Canada markets closed

  • S&P/TSX

    19,062.91
    +345.79 (+1.85%)
     

  • S&P 500

    3,911.74
    +116.01 (+3.06%)
     

  • DOW

    31,500.68
    +823.32 (+2.68%)
     

  • CAD/USD

    0.7759
    +0.0064 (+0.83%)
     

  • CRUDE OIL

    107.06
    +2.79 (+2.68%)
     

  • BTC-CAD

    27,465.96
    +182.62 (+0.67%)
     

  • CMC Crypto 200

    462.12
    +8.22 (+1.81%)
     

  • GOLD FUTURES

    1,828.10
    -1.70 (-0.09%)
     

  • RUSSELL 2000

    1,765.74
    +54.06 (+3.16%)
     

  • 10-Yr Bond

    3.1250
    +0.0570 (+1.86%)
     

  • NASDAQ

    11,607.62
    +375.43 (+3.34%)
     

  • VOLATILITY

    27.23
    -1.82 (-6.27%)
     

  • FTSE

    7,208.81
    +188.36 (+2.68%)
     

  • NIKKEI 225

    26,491.97
    +320.72 (+1.23%)
     

  • CAD/EUR

    0.7346
    +0.0039 (+0.53%)
     

Missed Out on Meta Platforms? 2 Growth Stocks to Buy Now and Hold for 10 Years

Trevor Jennewine, The Motley Fool
·4 min read
Missed Out on Meta Platforms? 2 Growth Stocks to Buy Now and Hold for 10 Years
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • PINS
  • SNAP
  • META

Facebook and Instagram are the most popular social networks on the planet. Parent company Meta Platforms has parlayed that competitive edge into a strong position in the digital ad industry, and shareholders have been well compensated. In the first quarter, the company posted its slowest revenue growth since going public.

Continue reading
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting

Latest Stories

  • A dozen EU countries affected by Russian gas cuts, EU climate chief says

    A dozen European Union countries have now been affected by cuts to gas supply from Russia, EU climate policy chief Frans Timmermans said on Thursday, as the bloc faces a deepening energy standoff with Moscow. Russia slashed flows through its Nord Stream 1 pipeline to 40% of capacity last week citing problems with equipment, having already cut gas to Poland, Bulgaria, the Netherlands, Denmark and Finland over their refusal to comply with a new payment scheme. Timmermans said 10 of the EU's 27 member countries have issued an "early warning" on gas supply - the first and least severe of three crisis levels identified in EU energy security regulations.

  • Bausch + Lomb Announces Brett Icahn and Gary Hu Have Been Appointed to its Board of Directors

    Bausch + Lomb Corporation (NYSE/TSX: BLCO) ("Bausch + Lomb" or the "Company"), a leading global eye health company dedicated to helping people see better to live better, is pleased to announce that it has expanded its Board of Directors (the "Board") to add two designees to the Board from Carl C. Icahn and affiliated entities (the "Icahn Group"). Brett Icahn and Gary Hu have joined the Board effective immediately.

  • New York-Based Chef Lucas Sin Teams Up with Toronto's Eva Chin as Audi Canada Celebrated the Second Installment of its Sustainable Dining Series

    This week, two highly touted North American chefs collaborated to design and execute a spectacular multi-course menu for Audi Canada's second event in its Sustainable Dining Series. Showcasing flavours and inspiration from their childhoods as expressed through local ingredients, Chef Lucas Sin and Chef Eva Chin inspired and educated a fortunate group of Canadian diners.

  • Bausch Health Announces 2022 Annual Meeting of Shareholder Results, Updates to its Board of Directors

    Bausch Health Companies Inc. (NYSE/TSX: BHC) ("Bausch Health" or the "Company") today announced the results of its 2022 annual meeting of shareholders and certain other updates with respect to the Company's Board of Directors (the "Board").

  • Wynn Resorts (Macau) S.A. and Macau SAR Government Enter into Concession Extension Agreement

    Wynn Resorts (Macau) S.A. (hereafter referred to as Wynn) is pleased to announce that it has entered into the Concession Extension Agreement with the Macau SAR Government, to extend the gaming concession of Wynn from June 26, 2022 to December 31, 2022.

  • Celsius Network hires advisors to prepare for potential bankruptcy - WSJ

    A separate report from CoinDesk said https://www.coindesk.com/business/2022/06/24/goldman-sachs-raising-funds-to-buy-celsius-assets-sources on Friday that Wall Street bank Goldman Sachs was looking to raise $2 billion from investors to buy distressed assets from Celsius. Celsius had $11.8 billion in assets as of last month. The company and Alvarez & Marsal did not immediately respond to Reuters requests for comment.

  • 1 Growth Stock to Buy and Hold During Any Market Correction

    This growth stock is still up year to date by 14%, whereas many continue to fall around it. Yet it still offers significant value for long-term investors. The post 1 Growth Stock to Buy and Hold During Any Market Correction appeared first on The Motley Fool Canada.

  • Crypto Selloff: Has the Bottom Shifted After the Interest Rate Hike?

    The measures taken to control the inflation in the U.S. and Canada, including an increase in interest rates, can adversely impact crypto assets. The post Crypto Selloff: Has the Bottom Shifted After the Interest Rate Hike? appeared first on The Motley Fool Canada.

  • Four strategic questions commercial real estate must ask right now

    It's finally happening. Canada's commercial real estate sector is poised to bridge from pandemic reality to our next normal. To make the very most of this next phase in our industry, organizations will need to tie strategic direction into the real needs, of real Canadians, more closely than ever before.

  • Factbox-Canadian lawmakers approve 2022 budget measures on housing, Russian assets

    The Canadian government will be allowed to seize and dispose of the assets of people and entities sanctioned by it because of Russia's invasion of Ukraine, in order to use those funds to support Ukraine. Tying up to C$750 million in transit funding for provinces and territories to their efforts to improve housing supply and affordability. More support to provinces and territories to tackle the pandemic-induced backlog of surgeries and medical procedures, through a C$2 billion top-up to the existing Canada Health Transfer.

  • ORTHO REGENERATIVE TECHNOLOGIES REPORTS ITS FIRST QUARTER 2023 RESULTS

    Ortho Regenerative Technologies Inc. (CSE: ORTH) (OTCQB: ORTIF) ("Ortho" or the "Company"), a clinical stage orthobiologics company focused on the development of novel soft tissue repair regenerative technologies, today reported its financial results and highlights for the first quarter of the 2023 fiscal year ended on April 30, 2022.

  • TFSA Investors: 2 Good Stocks to Buy for Passive Income in the Market Correction

    Top TSX dividend stocks now offer high yields for TFSA investors seeking passive income. The post TFSA Investors: 2 Good Stocks to Buy for Passive Income in the Market Correction appeared first on The Motley Fool Canada.

  • Settlement of class action lawsuit increases BlackBerry Q1 net loss to US$181 million

    WATERLOO, ONTARIO. — BlackBerry Ltd. says its net loss tripled in the first quarter to US$181 million primarily due to the settlement of a 2013 shareholder class action lawsuit over its BlackBerry 10 smartphones. The Waterloo, Ont., company says it lost 31 cents per diluted share, compared with a loss of 11 cents per share or US$62 million a year earlier. Excluding one-time items, including the US$165-million legal settlement, it lost US$31 million or five cents per share, compared with a loss o

  • Denmark agrees corporate carbon tax - government

    Danish lawmakers on Friday agreed a new corporate carbon tax, the highest in Europe, which will target companies both in and outside the EU's carbon quota system, the government said. A high carbon tax is seen as crucial to help reach Denmark's ambitious 2030 target to cut greenhouse gas emissions by 70% from 1990 levels. The total CO2 levy will be 1,125 Danish crowns ($159) per tonne by 2030 for companies subject to the EU Emissions Trading System (ETS) and will consist of a 375 crowns fee on top of the projected 2030 price of EU carbon permits of 750 crowns.

  • Cerro de Pasco Provides Update on MCTO

    Cerro de Pasco Resources Inc. (CSE: CDPR) (Frankfurt: N8HP) ("CDPR" or the "Corporation") is providing an update with respect to its previously announced management cease trade order ("MCTO") issued by the Corporation's principal regulator, the Autorité des marchés financiers (the "AMF"), on May 2, 2022. The MCTO was issued following the Corporation's announcement on April 29, 2022 (the "Default Announcement") that it was unable to file its audited consolidated financial statements, its manageme

  • NEOM appoints Founding President of its flagship university, NEOM U

    NEOM, the sustainable regional development in northwest Saudi Arabia, announced today the appointment of Dr. Andreas Cangellaris as the Founding President of NEOM U – NEOM's first university. Dr. Cangellaris is joining NEOM from the University of Illinois Urbana-Champaign, where he is the M. E. Van Valkenburg Professor in Electrical and Computer Engineering and has been serving as Vice-Chancellor for Academic Affairs and Provost since 2018.

  • Record numbers of Chinese graduates enter worst job market in decades

    Jenny Bai was among 10 high-performing computer science students from different Chinese universities selected by a Beijing-based internet firm for a job upon graduation, following four rounds of arduous interviews. China's COVID restrictions have battered an economy already slowing due to a property market downturn, geopolitical worries and regulatory crackdowns on tech, education, and other sectors. A cohort of graduates larger than the entire population of Portugal is about to enter one of China's worst job markets in decades at a time when youth unemployment is already more than three times China's overall joblessness rate, at a record 18.4%.

  • Taiwan pension fund awards $2.3 billion ESG mandate to HSBC, Morgan Stanley, 3 others

    The fund management arms of HSBC and Morgan Stanley were among three others to win a mandate from Taiwan's largest pension manager to run Asia's first climate change-focused fund worth a total $2.3 billion in assets. Legal & General Investment Management, Schroder Investment Management, and Wellington Management were also selected, with each of them getting to manage $460 million worth of assets, Taiwan's Bureau of Labor Funds (BLF) said on Friday. About half of BLF's Taiwanese $5.8 trillion ($190 billion) worth of assets is invested in offshore markets and overseen by global asset managers including BlackRock Inc, Fidelity Investments, and PIMCO.

  • Biden administration leans on Tesla for guidance in renewable fuel policy reform

    (Reuters) -U.S. President Joe Biden rarely mentions electric car maker Tesla Inc in public. The Biden administration contacted Tesla on its first day in office, marking the start of a series of meetings on the topic between federal officials and companies linked to the EV industry over the months that followed, according to the emails. The administration's early and extensive outreach reflects that expanding the scope of the U.S. Renewable Fuel Standard (RFS) to make it a tool for electrifying the nation's automobile fleet is one of Biden's priorities in the fight against climate change.

  • Bargain cruises may hurt Carnival margins

    Carnival Corp is expected to report a smaller quarterly loss and a spike in revenue when it announces second-quarter results on Friday, but bargain-basement prices for some cruises may squeeze the cruise operator's margins. "Your typical Carnival, Royal Caribbean or Norwegian Cruise this summer to the Caribbean is about as cheap as we've ever seen it," said Truist Securities lodging and experiential leisure analyst Patrick Scholes. Cruise Critic, by online travel company Tripadvisor, reported that an interest in cruise vacations this summer is rising when compared to the same period in 2021.