Company News for Apr 29, 2024

Moneywise
Warren Buffett shares how he would earn a whopping 50% per year if he had less than $1 million in 2024
“You can’t just be in love with the money,” he says.
The Motley Fool
A Dividend Giant I’d Buy Over Enbridge Stock Right Now
Looking for dividends? I wouldn't count on Enbridge stock (TSX:ENB) forever. But there's another that's been a proven winner. The post A Dividend Giant I’d Buy Over Enbridge Stock Right Now appeared first on The Motley Fool Canada.
GOBankingRates
Billionaire Bill Ackman Holds Only 8 Stocks in His Portfolio — Should You Buy Them?
Bill Ackman, the renowned billionaire hedge fund manager of Pershing Square Capital Management, maintains a portfolio of only eight stocks. This focused approach allows him to invest heavily in...
CNN Business
Warren Buffett finally reveals the mysterious company he’s invested billions of dollars in
The mystery is over: Warren Buffett’s Berkshire Hathaway disclosed a major stake in the insurance company Chubb, finally revealing the investment he has kept under wraps since last year.
The Motley Fool
TFSA Investors: Buy These 3 Growth Stocks and Never Sell
These three top growth stocks are among the best options for long-term investors seeking to amplify their portfolio returns over the long haul. The post TFSA Investors: Buy These 3 Growth Stocks and Never Sell appeared first on The Motley Fool Canada.
Insider Monkey
Michael Burry Has 42% of His Portfolio Invested in These 5 Stocks
Michael Burry is in the news for two reasons. One, he has revealed his Q1’2024 portfolio that shows Burry is once again swimming against the tide (more on that later). Second, amid the return of Roaring Kitty on Twitter, meme stock boys on Reddit and Twitter are recalling how Burry was the first notable investor […]
The Motley Fool
3 Incredibly Cheap Energy Stocks to Buy Now
Looking for a bargain? Here are three in the renewable energy sector. The post 3 Incredibly Cheap Energy Stocks to Buy Now appeared first on The Motley Fool Canada.
The Motley Fool
The Smartest TSX ETF to Buy With $1,000 Right Now
Here's my preferred ETF when it comes to investing in TSX-listed stocks. The post The Smartest TSX ETF to Buy With $1,000 Right Now appeared first on The Motley Fool Canada.
Bloomberg
China Sells Record Sum of US Debt Amid Signs of Diversification
(Bloomberg) -- China sold a record amount of Treasury and US agency bonds in the first quarter, highlighting the Asian nation’s move to diversify away from American assets as trade tensions persist.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Slovak Premier Fighting for Life After Assassination AttemptUS Inflation Ebbs for First Time in Six Months in Relief for FedChina Considers Government Buying
Financial Post
CRA denies taxpayer's medical expense credit for his visiting father's hospital stay
When his father fell ill while visiting Canada, son faced almost $19,000 in medical bills with no tax relief
Business Insider
'Someone played this beautifully': Why one expert is suspicious of the latest meme-stock revival
Deep out-of-the-money call options on GameStop stock saw an explosion in trading activity in the week prior to Roaring Kitty's social media return.
Financial Post
Opinion: Trudeau’s capital gains tax video misses the point
Many non-rich Canadians make big capital gains when they sell their cottage or small business. They shouldn't face plutocrat tax rates
The Motley Fool
The Ultimate Growth Stock to Buy With $1,000 Right Now
This growth stock saw shares surge by 35% in the last few weeks on record earnings, but even more growth is on the way. The post The Ultimate Growth Stock to Buy With $1,000 Right Now appeared first on The Motley Fool Canada.
The Canadian Press
These companies have laid off Canadian workers in 2024
TORONTO — Canadians are continuing to be laid off as part of a wave of job cuts that began in 2023 as companies assessed their operations after the height of the COVID-19 pandemic passed. Tech companies, retailers and more have all begun shedding members of their workforce in a bid to navigate the economic downturn. These are some of the companies which have so far laid off Canadian workers in 2024: BCE Inc.: The Montreal-based telecommunications giant said on Feb. 8 it was cutting 4,800 jobs "a
Reuters
Weaker loonie may not deter Bank of Canada diverging from the Fed
The Bank of Canada would be willing to cut interest rates three times ahead of the Federal Reserve's first move before a declining currency threatens to endanger the inflation outlook, the median estimate of seven analysts in a straw poll showed. A weaker Canadian dollar versus the greenback this year has sparked debate among investors about how much the BoC would be prepared to diverge from its U.S. counterpart. The BoC's benchmark interest rate, at 5%, already sits 38 basis points below the midpoint of the range set by the Fed for its policy rate.
Simply Wall St.
Three High Insider Ownership TSX Stocks Achieving 43% Earnings Growth
In recent times, the Canadian market has shown resilience, navigating through fluctuating global economic conditions with a steady focus on growth and stability. Given this backdrop, stocks with high insider ownership can be particularly compelling as they often signal strong confidence in the company's future among those who know it best.
Bloomberg
Copper Short Squeeze in New York Is Rocking Metals Markets
(Bloomberg) -- A massive dislocation between the prices for copper traded in New York and other commodity exchanges has rocked the global market for the metal and prompted a frantic dash for supplies to ship to the US.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Jamie Dimon Sees ‘Lot of Inflationary Forces in Front of Us’Dow Average Tops 40,000 in Victory for Stock Bulls: Markets WrapSlovak Premie
Financial Post
Opinion: Capital gains tax hikes are terrible optics for Canada
The proposed inclusion rate increase should be debated, but what's more important is the anti-growth narrative
Financial Post
Inflation figures could shake mortgage market out of lull
Robert McLister: Variable and short-term mortgages will pique more people’s interest once the Bank of Canada cuts rates
Financial Post
Would-be homebuyers are in limbo and only the Bank of Canada can free them
Robert McLister: Buyers are sitting on their wallets and it looks like rate cuts are the only thing that will change that

S&P/TSX

S&P 500

DOW

CAD/USD

CRUDE OIL

Bitcoin CAD

CMC Crypto 200

GOLD FUTURES

RUSSELL 2000

10-Yr Bond

NASDAQ

VOLATILITY

FTSE

NIKKEI 225

CAD/EUR

STOCKS TREAD WATER WITH DOW POISED FOR NEW 40K LEVEL BID

Company News for Apr 29, 2024

Latest Stories

Warren Buffett shares how he would earn a whopping 50% per year if he had less than $1 million in 2024

A Dividend Giant I’d Buy Over Enbridge Stock Right Now

Billionaire Bill Ackman Holds Only 8 Stocks in His Portfolio — Should You Buy Them?

Warren Buffett finally reveals the mysterious company he’s invested billions of dollars in

TFSA Investors: Buy These 3 Growth Stocks and Never Sell

Michael Burry Has 42% of His Portfolio Invested in These 5 Stocks

3 Incredibly Cheap Energy Stocks to Buy Now

The Smartest TSX ETF to Buy With $1,000 Right Now

China Sells Record Sum of US Debt Amid Signs of Diversification

CRA denies taxpayer's medical expense credit for his visiting father's hospital stay

'Someone played this beautifully': Why one expert is suspicious of the latest meme-stock revival

Opinion: Trudeau’s capital gains tax video misses the point

The Ultimate Growth Stock to Buy With $1,000 Right Now

These companies have laid off Canadian workers in 2024

Weaker loonie may not deter Bank of Canada diverging from the Fed

Three High Insider Ownership TSX Stocks Achieving 43% Earnings Growth

Copper Short Squeeze in New York Is Rocking Metals Markets

Opinion: Capital gains tax hikes are terrible optics for Canada

Inflation figures could shake mortgage market out of lull

Would-be homebuyers are in limbo and only the Bank of Canada can free them