DraftKings turned in higher sales than expected in its most recent quarter and increased its financial forecasts for its fiscal year. DraftKings stock rose in early trading but then reversed course. On Thursday, Chief Financial Officer Alan Ellingson said the online sports-betting company was raising its forecast of revenue for fiscal 2024 to a range with a midpoint of $4.9 billion, from $4.775 billion.
Seeking a reliable income stream for your TFSA? Consider this sustainable high-yielding dividend payer. The post Why I Can’t Stop Buying Shares of This Magnificent High-Yield Dividend Stock in My TFSA appeared first on The Motley Fool Canada.
(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 TurbulenceASML, TSMC Can Disable Chip Machines If China Invades Taiwan‘It Felt Like We Had Crashed,’ a Singapore Air Passenger RecallsHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyTesla Shareholder Gr
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) -- Seafood restaurant chain Red Lobster filed for bankruptcy, succumbing to onerous leases, high labor costs and a disastrous unlimited shrimp promotion. Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovySpeedier Wall Street Trades Are Putting Global Finance On EdgeJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall Street Turns Bullish on US Stocks
Here’s a very reliable, dividend-paying Canadian bank stock you can buy at a bargain right now and hold for the long term. The post 1 of the Best Dividend-Paying Bank Stocks to Buy Now and Hold Forever appeared first on The Motley Fool Canada.
"Canadians look likely to get a small dose of rate relief in the coming weeks."
These two utilities stocks can be some of the best picks for investors if you want to shell out some capital for safe returns. The post 2 No-Brainer Utilities Stocks to Buy Right Now for Less Than $200 appeared first on The Motley Fool Canada.
Are you wondering what TSX energy stocks could pay and grow their dividends for decades ahead? Here are two for long-term passive income! The post Want Decades of Passive Income? 2 Energy Stocks to Buy Now and Hold Forever appeared first on The Motley Fool Canada.
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.
The Canadian market has shown promising growth, with a 1.1% increase over the past week and an impressive 11% rise over the last year, alongside expectations of a 14% annual growth in earnings. In this buoyant environment, stocks with high insider ownership can be particularly compelling as they often signal strong confidence from those closest to the company's operations.
As the Canadian market continues to benefit from moderating inflation trends and a robust economic backdrop, investors are increasingly looking towards stable income-generating options. In this context, dividend stocks emerge as particularly appealing investments, offering potential for steady returns amid fluctuating market conditions.
Brookfield Asset Management is a high-dividend TSX stock that can help you outpace the broader markets in the upcoming decade. The post A Once-in-a-Generation Investment Opportunity: 1 High-Yield Dividend Stock to Buy Now and Hold Forever This May appeared first on The Motley Fool Canada.
Everyone should be investing a good portion of their income. It's one of the key ways to build wealth (if you need an example, just look at multibillionaire Warren Buffett, who built much of his net...
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
These top TSX dividend stocks now offer high yields. The post Dividend Deals: 2 Top TSX Stocks That Don’t Get Enough Respect appeared first on The Motley Fool Canada.
It is a pleasure to report that the Silver Elephant Mining Corp. ( TSE:ELEF ) is up 86% in the last quarter. We really...
(Bloomberg) -- Copper surged to its highest-ever level, extending a months-long rally driven by financial investors who’ve piled into the market in anticipation of deepening supply shortages.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’Speedier Wall Street Trades Are Putting Global Finance On EdgeOne of the Last Big Bears on Wall Street T
Freedom fries vs Belgian fries.
CALGARY — Suncor Energy Inc. says it will be more than five years before it makes any significant investments to secure additional bitumen supply to replace output from its Base Plant oilsands mine. The Calgary-based company has been exploring options to sustain the supply of thick, sticky oilsands crude to its Base Plant upgrading facilities north of Fort McMurray, Alta. The company's Base Plant oilsands mine is expected to be largely depleted by the mid-2030s. To solve its supply problem, Sunc
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