Yahoo Finance EBay Stock Rises As Analyst Turns Bullish On Generative AI Potential
EBay stock got a double upgrade to a buy rating from analysts at Morgan Stanley, who are bullish on firm's AI efforts.
EBay stock got a double upgrade to a buy rating from analysts at Morgan Stanley, who are bullish on firm's AI efforts.
Bitcoin sells off alongside stocks amid wider market jitters. But now the technical backdrop for cryptos is even weaker.
'Momentum in the Canadian economy appears to have faded quickly'
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.
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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.
Long-term investing in resilient dividend stocks can help you convert $95,000 into $1 million. Here's how. The post How Long Would it Take to Turn $95,000 Into $1 Million With TSX Dividend Stocks? appeared first on The Motley Fool Canada.
These three growth stocks have surged in share price in the last year and yet have proven they can keep doing it time and time again. The post 3 Roaring Stocks to Hold for the Next 20 Years appeared first on The Motley Fool Canada.
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.
The problem is more psychological than financial.
Loblaw Companies reported $13.58 billion in first-quarter revenue — a 4.5 per cent increase from a year earlier — on Wednesday morning, the same day that a group of frustrated shoppers said they would begin a month-long boycott of the grocery retailer.The company said that its retail segment sales rose 4.4 per cent to $13.29 billion. Food retail sales were up by 3.4 per cent, while its drug retail sales under the Shoppers Drug Mart banner increased by four per cent.Its earnings per share were $1
(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.
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.
CALGARY — Cenovus Energy Inc. executives warn it could be well into next year before oil companies resolve their ongoing dispute with Trans Mountain Corp. over rising pipeline shipping fees. The Calgary-based oil company is one of the largest contracted shippers on the freshly completed Trans Mountain pipeline expansion, which marked its official commercial start-up date Wednesday. On a conference call to discuss its first-quarter earnings, Cenovus executives hailed the milestone, which has been
The stock market's very rough April saw some of the biggest gainers of the first three months take some of the biggest dings to their market caps. And at the same time, some of the sectors that struggled in Q1 saw a similar reversal of fortune in April.
Experts say it’s a decision that requires careful consideration.
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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.