Company News for Jun 27, 2024

Fortune
Elon Musk vows Bill Gates will be ‘obliterated’ if he doesn’t stop shorting Tesla
If the Optimus robot somehow catapults Tesla to Musk’s $30 trillion market cap target, bears like the Microsoft cofounder could be wiped out—but that is a big if.
The Motley Fool
2 Canadian Growth Stocks I’d Stash in a TFSA for the Long Run
TFSA investors can consider holding quality growth stocks such as Propel Holdings right now and derive outsized gains in the next five years. The post 2 Canadian Growth Stocks I’d Stash in a TFSA for the Long Run appeared first on The Motley Fool Canada.
Business Insider
Cathie Wood's Ark Invest has destroyed $14 billion in wealth over the past decade, Morningstar says
"These funds managed to lose value for shareholders even during a generally bullish market," Morningstar analyst Amy Arnott said.
The Canadian Press
Waterloo software firm OpenText cuts 1,200 jobs as part of business optimization plan
OpenText Corp.'s chief executive says the company plans to shed about 1,200 roles as part of a business optimization plan.
The Motley Fool
RRSP Investors: Should You Buy Enbridge Stock or TD Bank Stock Now?
TD and Enbridge look cheap right now. Is one heavily oversold? The post RRSP Investors: Should You Buy Enbridge Stock or TD Bank Stock Now? appeared first on The Motley Fool Canada.
Business Insider
Nancy Pelosi disclosed stock market trades made by her husband. He loaded up on AI plays like Nvidia and sold Tesla.
Trading activity by members of Congress has come under scrutiny in recent years, with calls to ban Congress from trading individual stocks.
The Canadian Press
OMERS selling LifeLabs to Quest Diagnostics in deal valued at $1.35B
TORONTO — Ontario pension fund manager OMERS has signed a deal to sell medical lab company LifeLabs to U.S.-based firm Quest Diagnostics in a deal valued at $1.35 billion including debt. Quest Diagnostics chairman and CEO Jim Davis says the deal is based on the belief that the company can help LifeLabs accelerate growth and improve health care. OMERS purchased LifeLabs in 2007 and helped grow the business. Under the deal, the companies said LifeLabs will retain its brand, Canadian headquarters a
The Motley Fool
These Great TSX Dividend Stocks Now Offer Amazing Yields
Top TSX dividend stocks are on sale. The post These Great TSX Dividend Stocks Now Offer Amazing Yields appeared first on The Motley Fool Canada.
Simply Wall St.
Top Three Dividend Stocks For July 2024
As global markets navigate through a period of subtle shifts and key economic updates, investors are closely monitoring the landscape for opportunities that align with both growth and stability. In this context, dividend stocks often come into focus as they can offer potential income alongside capital appreciation, making them appealing during times of market uncertainty and economic recalibration.
The Motley Fool
The 4 Stocks That Beginning Canadian Investors Should Start Out With
New to investing and wondering how to start? Here's a four- stock portfolio a Canadian can use to build wealth over the long term. The post The 4 Stocks That Beginning Canadian Investors Should Start Out With appeared first on The Motley Fool Canada.
SmartAsset
Ask an Advisor: We're 56 With $1.2 Million in Cash and Investments. Can We Afford to Use $60k-$80k Per Year for Retirement?
My wife and I are both 56. We have around $1.2 million saved – approximately $450,000 in company 401(k)s, $650,000 in a managed account, and approximately $70,000 in personal stocks. We also have approximately $22,000 in savings. Our home is worth $700,000 or more and we owe $197,000 with a 3.875% interest rate. Our advisor […] The post Ask an Advisor: We’re 56 With $1.2 Million in Investments and Savings. Can We Afford to Withdraw $60k-$80k Per Year in Retirement? appeared first on SmartReads b
Yahoo Finance Video
Nvidia is the best way to play AI for the 'next 10 years'
Nvidia (NVDA) shares are falling back today following the chipmaker's recent market high. Rosenblatt Securities senior research analyst Hans Mosesmann joins Market Domination to explain why he is not worried about the stock's bumpy previous weeks. Mosesmann has issued the highest price target for Nvidia on Wall Street. Mosesmann has a long-term view, explaining that the sale pressure is negligible when one considers that Nvidia is going to be the "best way to play AI for the next 10 years." He adds that Nvidia is not just a semiconductor company anymore but a platform that is "all things AI." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This article was written by Gabriel Roy
Simply Wall St.
Emera Incorporated (TSE:EMA) Shares Could Be 44% Below Their Intrinsic Value Estimate
Key Insights Using the Dividend Discount Model, Emera fair value estimate is CA$80.06 Emera is estimated to be 44...
GOBankingRates
I’m a Financial Advisor: Here’s How Often You Should Check Your Retirement Account Balance
The best investor is one who's informed, but obsessing over your retirement fund's performance can stress you out and trigger the kind of emotional and counterproductive decision-making that can...
Bloomberg
GameStop shareholder quickly drops ‘Roaring Kitty’ fraud suit
(Bloomberg) -- A lawsuit accusing popular stocks influencer Keith Gill, better known as “Roaring Kitty,” of engaging in a “pump and dump” scheme involving GameStop Corp. shares was dropped within days of its filing.
CNN Business
You may now own a piece of Trump Media – and not even know it
You may now own a piece of Trump Media – and not even know it
Barrons.com
GM Delivers More EVs. Its Grand Plan Is Working.
The company sold a lot more electric vehicles in the second quarter than it did a year earlier, even though sales growth for EVs has slowed down in the U.S.
Simply Wall St.
Declining Stock and Decent Financials: Is The Market Wrong About Veren Inc. (TSE:VRN)?
With its stock down 9.0% over the past month, it is easy to disregard Veren (TSE:VRN). However, the company's...
Moneywise
Charlie Munger once called real estate a 'very lousy investment' for him and his partner Warren Buffett — here's why
Buffett revealed when they "missed the boat" on real estate.
Bloomberg
Tesla Beats Estimates With Less-Drastic Drop in EV Sales
(Bloomberg) -- Tesla Inc.’s second consecutive drop in quarterly deliveries wasn’t as steep as analysts were predicting, sending the EV maker’s shares soaring as much as 10%.Most Read from BloombergDemocrats Weigh Mid-July Vote to Formally Tap Biden as NomineePowerful Storm Beryl Aims at Jamaica After Grenada StrikeUS Allies Allege China Is Developing Attack Drones for RussiaS&P 500 Closes Above 5,500 in Record-Breaking Run: Markets WrapBiden Plummets in Leaked Democratic Polling Memo, Puck Says

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Company News for Jun 27, 2024

Latest Stories

Elon Musk vows Bill Gates will be ‘obliterated’ if he doesn’t stop shorting Tesla

2 Canadian Growth Stocks I’d Stash in a TFSA for the Long Run

Cathie Wood's Ark Invest has destroyed $14 billion in wealth over the past decade, Morningstar says

Waterloo software firm OpenText cuts 1,200 jobs as part of business optimization plan

RRSP Investors: Should You Buy Enbridge Stock or TD Bank Stock Now?

Nancy Pelosi disclosed stock market trades made by her husband. He loaded up on AI plays like Nvidia and sold Tesla.

OMERS selling LifeLabs to Quest Diagnostics in deal valued at $1.35B

These Great TSX Dividend Stocks Now Offer Amazing Yields

Top Three Dividend Stocks For July 2024

The 4 Stocks That Beginning Canadian Investors Should Start Out With

Ask an Advisor: We're 56 With $1.2 Million in Cash and Investments. Can We Afford to Use $60k-$80k Per Year for Retirement?

Nvidia is the best way to play AI for the 'next 10 years'

Emera Incorporated (TSE:EMA) Shares Could Be 44% Below Their Intrinsic Value Estimate

I’m a Financial Advisor: Here’s How Often You Should Check Your Retirement Account Balance

GameStop shareholder quickly drops ‘Roaring Kitty’ fraud suit

You may now own a piece of Trump Media – and not even know it

GM Delivers More EVs. Its Grand Plan Is Working.

Declining Stock and Decent Financials: Is The Market Wrong About Veren Inc. (TSE:VRN)?

Charlie Munger once called real estate a 'very lousy investment' for him and his partner Warren Buffett — here's why

Tesla Beats Estimates With Less-Drastic Drop in EV Sales