AI-chip maker Analog Devices soared nearly 11% to an all-time high close Wednesday on its earnings results. On Thursday, the Relative Strength (RS) Rating, for Analog Devices stock jumped 11 points, from 77 to 88, passing a major milestone along the way. The upgraded 88 RS Rating means that Analog Devices stock bested 88% of all stocks for price performance over the past year.
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HANOI, Vietnam (AP) — Vietnamese automaker VinFast, for a short time the third-most valuable car company in the world, has a big problem: It just can’t sell enough cars.
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
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Prices for services pushed the annual rate of inflation up to 2.9 per cent in May, according to Statistics Canada.
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Trump Media & Technology Group shares rallied after a weekslong decline cut the stock price in half and knocked investors for a loop.
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The chip maker looks to have been hit by fears over a potentially stretched valuation and news that CEO Jensen Huang has been selling stock through a trading plan.
An Ontario Conservative MP's use of ChatGPT to share incorrect information online about Canada's capital gains tax rate offers a cautionary tale to politicians looking to use AI to generate messages, one expert says.MP Ryan Williams posted last week on X (formerly known as Twitter) an AI-generated ranking of G7 countries and their capital gains tax rates.The list appeared to have been generated by ChatGPT — an artificial intelligence-based virtual assistant — and falsely listed Canada's capital
Guggenheim analyst Ronald Jewsikow started coverage of shares of electric-vehicle maker Rivian with a Buy rating and $18 price target.
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LAVAL, Que. — Alimentation Couche-Tard Inc. says its net earnings fell by almost a third in its fourth quarter as inflation-squeezed consumers watch their spending.
With so much excitement around artificial intelligence, this year’s stock market story has been all about technology. But not every tech fund has tech in the name.
The Bank of Canada will be scrutinizing May inflation figures this week, as it gauges whether it can deliver back-to-back interest rate cuts. Anne Gaviola has this story and more in Business Matters for Monday, June 24, 2024.
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