Yahoo Finance Elon Musk Says 'Blindingly Obvious' To Go All In On Autonomy. Cathie Wood Keeps Buying Tesla Stock.
Elon Musk took to X claiming it makes sense to focus on autonomous driving. Cathie Wood bought more Tesla stock Tuesday as it hit a 2024 low.
Elon Musk took to X claiming it makes sense to focus on autonomous driving. Cathie Wood bought more Tesla stock Tuesday as it hit a 2024 low.
'Momentum in the Canadian economy appears to have faded quickly'
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Enbridge (TSX:ENB) stock has barely moved in the last few years, with ongoing issues. But there are still reasons that could make it work for investors. The post 3 Reasons to Buy Enbridge Stock Like There’s No Tomorrow appeared first on The Motley Fool Canada.
(Bloomberg) -- The cocoa market was whipsawed by extreme volatility in the futures market on Tuesday amid a lack of liquidity.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterBinance and CZ’s Fortunes Are Set to Grow, Jail or no JailCocoa Prices Swing Wildly as Liquidity Overshadows Supply IssuesAfter more than doubling this year, futures tra
Too wide a spread between interest rates here and in the U.S. could hurt the Canadian dollar and reignite inflation
Shopify stock was climbing Monday after an analyst upgraded shares of the e-commerce platform on confidence in growth. Citi analyst Tyler Radke upgraded shares of Shopify to Buy from Neutral, and increased his target price to $105 from $93, which implies a 47% increase in the stock price as of Friday’s close. “Our Deep-Dive analysis into SHOP’s Merchant Solutions business gives us confidence in SHOP’s long-term growth,” Radke wrote in a research note.
"We expect, in any case, that the Fed's communications after the FOMC meeting this week will have a uniformly hawkish tone," Macquarie said.
Investing in high-yield dividend stocks such as Diversified Royalty can help you begin a stable stream of recurring income. The post This 9% Dividend Stock Pays Cash Every Month appeared first on The Motley Fool Canada.
There are five major events to watch for this week, highlighted by a Fed meeting and the April jobs report.
Artificial intelligence stocks have been on a roll for the past few months, mostly driving the market rally. Nvidia delivered record-breaking earnings on Feb. 21, with revenue rising to a staggering...
In this article, we discuss the 20 Countries That Produce the Most Gold in the World. If you want to skip our discussion of the gold industry, go directly to 5 Countries That Produce the Most Gold in the World. Gold has been extremely valuable for ages. According to experts, about 209,000 tons of gold […]
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Experts say it’s a decision that requires careful consideration.
The Canadian dollar edged up to a near three-week high against its U.S. counterpart on Monday as risk sentiment improved and ahead of monthly GDP data this week that could offer clues on the strength of the domestic economy. The loonie was trading 0.1% higher at 1.3656 to the U.S. dollar, or 73.23 U.S. cents, after earlier touching its strongest level since April 10 at 1.3632. "It has been a somewhat quiet start to the week, with firmer equity and bond markets underpinning risk sentiment and weighing on the USD more broadly," said George Davis, chief technical strategist at RBC Capital Markets.
McDonald's (MCD) first-quarter earnings report showcased a combo meal of international headwinds, including global sales growth slowing behind figures from this time last year and boycotts related to the ongoing Israel-Palestine conflict. Additionally, inflation and rising menu prices are taking a toll on lower-income consumers. On the fast-food chain's earnings call, McDonald's CEO Chris Kempczinski stated that "consumers continue to be even more discriminating with every dollar that they spend as they face elevated prices in their day-to-day spending." Placer.ai Head of Analytical Research R.J. Hottovy sits down with Catalysts to discuss whether McDonald's item prices are beginning to price out certain consumer demographics. Placer.ai data found McDonald's to maintain higher monthly foot traffic growth over the past year than its competition. "Right now consumers are really focused on value, and not just discounts. I think that low price point is something that they're certainly focused in on," Hottovy says. "We've seen groups that really market around a low price point, generally a higher visitation trade. And so I think that's what McDonald's may be pivoting to in the future. There's a lot of discussion about future value plans in the US and abroad in the earnings call today. I think that's really going to be a key message..." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan.
OTTAWA (Reuters) -Canada's economy likely weakened in the first quarter, data from Statistics Canada showed on Tuesday, bolstering expectations that the Canadian central bank would have more reason to cut interest rates in June. Canada's gross domestic product (GDP) rose 0.2% in February, less than analysts' estimates, while growth in March likely remained muted, Statistics Canada said. The economic slowdown combined with cooling inflation could add to the evidence the Bank of Canada (BoC) is looking for to start lowering its key interest rate from nearly a 23-year high of 5%.
Tony Robbins is an expert on building wealth, but he didn't get there overnight. He spent years working with and learning from some of the most successful investors of all time -- including hedge...
These blue-chip stocks have been winners for over 100 years and have the ability to continue this trend for 100 years more. The post 3 Blue-Chip Stocks Every Canadian Should Own appeared first on The Motley Fool Canada.
NEW YORK (AP) — U.S. stocks are falling Tuesday after the latest hotter-than-forecast reading on the economy raised more worries about inflation and interest rates staying high. The S&P 500 was 0.7% lower in afternoon trading and on track to close out its first losing month in the last six. It's lost momentum since setting records through the early part of the year, and April is on pace to be its worst month since September. The Dow Jones Industrial Average was down 313 points, or 0.8%, as of 2:
The CEO of Tim Hortons' parent company says its flatbread pizza market test was "the largest and most successful in recent history."