CVS posts a wide miss on first-quarter earnings and cuts guidance, AMD shares fall after the chip maker issues a disappointing outlook, and Amazon’s profit is driven by strong growth in cloud computing.
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Suncor Energy stock has crushed the broader markets in the last 20 years. But this TSX energy stock has beaten Suncor by a wide margin. The post A Dividend Giant I’d Buy Over Suncor Energy Stock appeared first on The Motley Fool Canada.
Trump Media and Technology Group, the company affiliated with former U.S. president Donald Trump that operates Truth Social, reported $770,500 in revenue for the first quarter of 2024 and a net loss of $327.6 million. Shares in Sarasota, Fla.-based TMTG — which says it is a “safe harbor for free expression amid increasingly harsh censorship …
(Bloomberg) -- A coalition of Tesla Inc. shareholders is urging its peers to reject the $56 billion pay package for Chief Executive Officer Elon Musk that the company’s board has asked investors to approve again.Most Read from BloombergOne Dead After Singapore Air Flight Hit By Severe Turbulence‘It Felt Like We Had Crashed,’ a Singapore Air Passenger RecallsHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyTesla Shareholder Group Slams Elon Musk’s $56 Billion Pay PackageAmalgamated Ban
Traders are pricing in a big move for Nvidia’s shares after the chipmaker reports earnings on Wednesday, though expectations for volatility are more muted than in the past, U.S. options markets show. Nvidia's options are primed for an 8.7% swing in either direction by Friday, according to data from options analytics firm Trade Alert. While massive by most measures, that implied move would fall far short of the 16.4% jump Nvidia’s shares notched after the company’s most recent quarterly earnings report.
RICHMOND, B.C. — Retailer London Drugs says it is "unwilling and unable" to pay a multimillion-dollar ransom to cybercriminals who claim to have stolen data in a hacking attack that recently shut down its stores for more than a week.
China sold a record $53.3 billion worth of US Treasurys and agency bonds last quarter as it accelerates diversification from dollar assets.
Is TD Bank stock a buy after its money-laundering regulatory problems? The post TD Bank in Hot Water: An ‘Exceptional’ Opportunity appeared first on The Motley Fool Canada.
(Bloomberg) -- Toronto-Dominion Bank and its US money-laundering woes are set to dominate the start of Canadian bank earnings season this week. Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceOne Dead After Singapore Air Flight Hit By Severe TurbulenceCiti Trader Got 711 Warning Messages Before Sparking Flash Crash‘It Felt Like We Had Crashed’: Singapore Air Passenger Describes Turbulence TerrorIt’s “all eyes on TD,” Bank of America Securities analysts led by Ebrah
"Restaurants brought out the servings slowly and were like, 'Nobody is going to sit there for hours and just eat them.' Actually, lots of people did."
Power Corporation of Canada (Power Corp) has shut its China investment unit and dismissed all staff, said two people briefed on the matter, becoming the latest Western financial firm to pull back amid the country's economic challenges. Power Sustainable, which is the asset management arm of Power Corp and manages $4.5 billion of assets globally, started laying off all of its 17 local staff in recent weeks as it moved towards shutting down the Shanghai-based unit, said the people. Economic slowdown has seen many of the Western financial firms that scrambled to expand China operations a few years ago take a hit on their earnings and rein in their ambitions for what was a key piece of their global growth strategy.
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"Canadians look likely to get a small dose of rate relief in the coming weeks."
(Bloomberg) -- Canada’s banking watchdog warned that many homeowners who took out mortgages when rates were near zero during the pandemic will soon face a reckoning as those loans renew.Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceOne Dead After Singapore Air Flight Hit By Severe TurbulenceCiti Trader Got 711 Warning Messages Before Sparking Flash Crash‘It Felt Like We Had Crashed’: Singapore Air Passenger Describes Turbulence TerrorThe “payment shock” faced by
Meme stocks, which are trading largely divorced from company fundamentals, have seen a resurgence last week when social media user Roaring Kitty posted for the first time in years.
China has been pushing for businesses to leave the door open for customers to use cash, with foreigner visitors saying they're struggling to spend.
OTTAWA — Canada’s annual inflation rate fell to 2.7 per cent in April amid a broad-based slowdown in price growth, boosting expectations of an interest rate cut next month. Statistics Canada said the slowdown from 2.9 per cent in March was led by food prices, services and durable goods. Tuesday’s consumer price index report bears good news for the Bank of Canada, which has been looking for a sustained decline in inflation toward its two per cent target. And for economists who have been expecting
Enbridge is a high-dividend TSX stock that has created massive wealth for shareholders. Here's one TSX stock that can outpace Enbridge. The post Could Enerflex Become the Next Enbridge? appeared first on The Motley Fool Canada.
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