Yahoo Finance Stocks Fall After Fed Data; Nvidia Tests Key Level While Tesla's Musk Faces Shareholder Vote
Stocks were mixed ahead of Fed data Wednesday. ASML sold off after earnings. Nvidia remained in a base.
Stocks were mixed ahead of Fed data Wednesday. ASML sold off after earnings. Nvidia remained in a base.
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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.
Too wide a spread between interest rates here and in the U.S. could hurt the Canadian dollar and reignite inflation
“I guess just a PSA to investors out there: You only get eventual justice with the SEC, if you even get that,” Asana CEO Dustin Moskovitz said.
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There are five major events to watch for this week, highlighted by a Fed meeting and the April jobs report.
"We expect, in any case, that the Fed's communications after the FOMC meeting this week will have a uniformly hawkish tone," Macquarie said.
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...
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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 […]
Experts say it’s a decision that requires careful consideration.
The Canadian dollar edged up to a near three-week high against its U.S. counterpart on Monday as risk sentiment improved and ahead of monthly GDP data this week that could offer clues on the strength of the domestic economy. The loonie was trading 0.1% higher at 1.3656 to the U.S. dollar, or 73.23 U.S. cents, after earlier touching its strongest level since April 10 at 1.3632. "It has been a somewhat quiet start to the week, with firmer equity and bond markets underpinning risk sentiment and weighing on the USD more broadly," said George Davis, chief technical strategist at RBC Capital Markets.
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Kim Moody: Intergenerational fairness and asking the so-called rich to pay more tax via an increased capital gains inclusion rate is quite a leap of logic
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Analysts polled by Reuters had forecast a 0.3% GDP growth in the month. In a preliminary estimate for March, Statistics Canada said GDP was likely unchanged from February as increases in utilities as well as real estate, rental and leasing were offset by decreases in manufacturing and retail trade. With the January revision and the March estimate, the 2.5% estimated growth in the first quarter would be the fastest growth rate since the first quarter on 2023.
In this article, we will take a detailed look at American Politicians are Selling These 10 Stocks. For a quick overview of such stocks, read our article American Politicians are Selling These 5 Stocks. Congressman Michael McCaul from Texas’s 10th congressional district is the Chairman of the House Foreign Affairs Committee. McCaul was one of the leading […]
Holding quality ETFs such as the VSP in a TFSA can help you derive inflation-beating returns in 2024 and beyond. The post 2 Canadian ETFs to Buy and Hold Forever in Your TFSA appeared first on The Motley Fool Canada.