Aluminum producer Alcoa’s first-quarter report beat Wall Street estimates. Focus now shifts to the buy of Alumina, and boosting earnings before interest, taxes, depreciation, and amortization.
'Momentum in the Canadian economy appears to have faded quickly'
Do you have some extra cash to spare? These three discounted stocks are poised for a rebound. The post 3 Beaten-Down Stocks that Could Take Off in the New Bull Market 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
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.
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.
There are five major events to watch for this week, highlighted by a Fed meeting and the April jobs report.
NEW YORK (AP) — More worries about inflation and interest rates staying high knocked U.S. stocks lower on Tuesday, as the market closed out its worst month since September. The S&P 500 tumbled 1.6% to cement its first losing month in the last six. Its momentum slammed into reverse in April, falling as much as 5.5% at one point, after setting a record at the end of March. The Dow Jones Industrial Average dropped 570 points, or 1.5%, and the Nasdaq composite lost 2%. Stocks began sinking as soon a
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...
The EV maker's CEO met with Chinese Premier Li Qiang over the weekend and won approval to unlock self-driving features.
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 […]
Do you want to establish a monthly income stream? Here are two of the best dividend stocks to under $50 to buy now! The post Transform $50 Into Monthly Passive Income: The Best Dividend Stocks Under $50 appeared first on The Motley Fool Canada.
Michael O'Leary says that if football players and their managers can get paid in the multi-millions, why not him?
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Experts say it’s a decision that requires careful consideration.
Toronto police say they have laid 102 charges in a major synthetic identity fraud investigation involving 12 people.Investigators announced the results of Project Déjà Vu at a news conference Monday, after its financial crimes unit began investigating a synthetic-identity credit fraud scheme that reportedly dated back to 2016. The two-year long investigation was dubbed Project Déjà Vu, following a similar synthetic identity fraud investigation in 2014 called Operation Mouse.Det. David Coffey sai
In this piece, we will take a look at the 13 best extremely profitable stocks to invest in. If you want to skip our overview of the current stock market news and what profitability entails, then you can skip ahead to 5 Best Extremely Profitable Stocks to Invest in. When it comes to analyzing a […]
Investing in stocks is not always about timing but holding as well. Here are five stocks that you can buy the dip on and hold forever. The post 5 Canadian Stocks to Buy and Hold Forever in Your TFSA appeared first on The Motley Fool Canada.
What does a 30% discount on a magnificent dividend stock mean to your portfolio returns? And why you don't want to miss this opportunity. The post A 30% Discount on a Magnificent Dividend Stock You Don’t Want to Miss appeared first on The Motley Fool Canada.
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