Yahoo Finance Dow Jones Futures Rise As Nvidia Tries To Bounce; Tesla Falls On Price Cuts
Futures loom after the Nasdaq's worst week since 2022 as Nvidia and Super Micro dived. Tesla slashed prices over the weekend with earnings due.
Futures loom after the Nasdaq's worst week since 2022 as Nvidia and Super Micro dived. Tesla slashed prices over the weekend with earnings due.
This dividend stock is near 52-week highs, but still down from all-time highs, with a highly valuable P/E ratio you won't want to miss. The post 1 Magnificent Dividend Stock That’s Down 21% and Trading at a Once-in-a-Decade Valuation appeared first on The Motley Fool Canada.
'Momentum in the Canadian economy appears to have faded quickly'
Bitcoin sells off alongside stocks amid wider market jitters. But now the technical backdrop for cryptos is even weaker.
OTTAWA (Reuters) -The Bank of Canada is getting closer to being able to start cutting interest rates from their current 23-year highs, Governor Tiff Macklem said on Wednesday. In testimony to the Senate banking committee, Macklem said inflation was coming down and Canadians wanted to know when the central bank would start cutting interest rates. Canada's annual inflation rate was 2.9% in March, a little higher than the previous month.
The Canadian dollar strengthened against its U.S. counterpart on Wednesday, clawing back some of the previous day's sharp decline, as the Federal Reserve's signaling about prospects for interest rate cuts was not as hawkish as some investors had feared. The loonie was trading 0.5% higher at 1.3710 to the U.S. dollar, or 72.94 U.S. cents, after it touched intraday on Tuesday an 11-day low at 1.3784. The currency has been pressured in recent weeks by a wider gap between U.S. and Canadian yields as investors anticipated a delayed start to Fed rate cuts.
TC Energy is a blue-chip dividend stock that is positioned to grow its payouts in the near term. But is TRP stock a good buy? The post A Dividend Giant I’d Buy Over TC Energy Stock appeared first on The Motley Fool Canada.
Given her no nonsense approach to building wealth, it's not surprising that financial guru, Emmy-winning TV host and popular podcaster Suze Orman recommends certain risk-averse investments to her...
These five companies offer strong returns. The post Dividend Royalty: 5 Fabulous Stocks to Buy Now for Decades of Passive Income 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 YearsBinance and CZ’s Fortunes Are Set to Grow, Even in JailWall Street Hit by Fed Jitters to Close Wild April: Markets WrapTesla Soars on Tentative China Approval for Driving SystemPot Stocks Surge on Report DEA Set to Reclassify MarijuanaAfter more than doubling this year, futures traded in Ne
The former U.S. president and Republican presidential candidate secured 36 million shares of Trump Media & Technology Group (TMTG), increasing his stake from 57.6% as of March. Reuters reported last week that Trump would secure a stock bonus worth $1.3 billion from TMTG, equivalent to about half the majority stake he already owns in it, thanks to the wild rally in its shares. The bonus also reflects the exuberant trading in TMTG's shares, which have been on a roller coaster ride since the company listed on Nasdaq last month through a merger with a special purpose acquisition company (SPAC) and was snapped up by Trump supporters and speculators.
MONTREAL — BCE Inc. reported its first-quarter profit fell compared with a year ago as it faced higher severance, acquisition and other costs related mainly to job cuts. The company also says it faced increased net mark-to-market losses on derivatives, higher interest costs and increased depreciation and amortization expenses. BCE says it earned a profit attributable to common shareholders of $402 million or 44 cents per share for the quarter ended March 31. The result compared with a profit of
MONTREAL — Air Canada reported a loss of $81 million in its first-quarter as its operating revenue rose seven per cent from a year ago. The airline says the loss amounted to 22 cents per diluted share for the quarter ended March 31. The result compared with a profit of $4 million in the same quarter last year when it also reported a loss of three cents per diluted share. Operating revenue totalled $5.23 billion, up from $4.89 billion in its first quarter of 2023. On an adjusted basis, Air Canada
Given their high yields and stable cash flows, these four dividend stocks can boost your passive income. The post Boost Your Passive Income With 4 High-Yield Stocks appeared first on The Motley Fool Canada.
Cenovus Energy (TSX:CVE) stock has been one of the best performers on the TSX this year, but I do have a concern. The post Cenovus Stock Is Rising, but I’m Worried About This One Thing appeared first on The Motley Fool Canada.
HONG KONG (AP) — Asian stocks fell Wednesday with most of the markets in the region closed for a holiday. Meanwhile, U.S. stocks closed out their worst month since September. Oil prices were lower and U.S. futures were mixed. Tokyo’s Nikkei 225 index lost 0.8%, down to 38,089.09 in early trading after the country’s factory activity experienced a milder shrink in April, as the manufacturing purchasing managers’ index from au Jibun Bank rose to 49.6 in April from 48.2 in March. A PMI reading under
CP Rail (TSX:CP) is one of those great wide-moat stocks that new investors may wish to consider anytime it corrects. The post Stop Chasing Stocks: Buy This 1 for the Long Haul and Be Done With It appeared first on The Motley Fool Canada.
Undervalued TSX stocks such as goeasy and Dollarama have already delivered game-changing returns to shareholders. The post 2 Undervalued Stocks I’d Buy in May appeared first on The Motley Fool Canada.
Are you wondering what top stocks to buy in May 2024? These four high-quality stocks could provide strong returns for a long-term investor. The post Where to Invest $10,000 in May 2024 appeared first on The Motley Fool Canada.
Shopify (TSX:SHOP) and another tech firm that's innovating on the front of generative AI technology! The post My Top 2 Canadian AI Stocks to Buy in May appeared first on The Motley Fool Canada.
The Wall Street adage suggests investors should dump stocks this month and return to the market in November. But gutting your portfolio before the summer may not be a recipe for success.