Company News for June 11, 2024

USA TODAY
Trump Media share price down 39%: Why the DJT stock keeps falling
Shares of Trump Media – Trump’s namesake social media company – tumbled again Tuesday, continuing its long slide after his hush money guilty verdict.
Moneywise
Kevin O'Leary explains why restaurants are shuttering across America — and why more will follow
An “upscale McDonald's” is a luxury many can't afford, he says.
The Motley Fool
1 Dividend Superstar I’D buy over TD Bank Stock
TD (TSX:TD) may still be discounted, but there other great options to buy right now. Here's a top pick better than TD Bank stock right now. The post 1 Dividend Superstar I’D buy over TD Bank Stock appeared first on The Motley Fool Canada.
The Motley Fool
8.86% Dividend Yield! I’m Buying This TSX Stock and Holding it for Decades
The TSX is a gold mine of lucrative dividend stocks trading near their multi-year low. An 8.86% dividend yield is rare in large-cap stocks. The post 8.86% Dividend Yield! I’m Buying This TSX Stock and Holding it for Decades appeared first on The Motley Fool Canada.
Business Insider
Bill Gates' former assistant is worth $154 billion — and could soon be richer than the Microsoft cofounder
Steve Ballmer was hired as Bill Gates' assistant in 1980, became Microsoft CEO in 2000, and retired a decade ago with a hugely valuable 4% stake.
Reuters
C$ rises; bearish bets on currency reach all-time high
The Canadian dollar edged higher against its U.S. counterpart on Monday as investors awaited further insight into the Bank of Canada's move to cut interest rates and after speculators raised their bearish bets on the currency to a record high level. As of June 11, non-commercial accounts had increased their net short positions in the Canadian dollar to 129,493 contracts from 91,639 in the prior week, data on Friday from LSEG and the U.S. Commodity Futures Trading Commission showed.. "The jump in Canadian dollar shorts is a cyclical trade," said Adam Button, chief currency analyst at ForexLive.
The Motley Fool
This 8.9 Percent Dividend Stock Pays Cash Every Month
You can forget about risks related to short-term market volatility and buy this high-yield monthly dividend stock to expect solid returns on your investments. The post This 8.9 Percent Dividend Stock Pays Cash Every Month appeared first on The Motley Fool Canada.
Yahoo Finance Canada
Global investors pounce on Canadian bonds with buying spree set to continue
Of the debt instruments bought up by foreign investors, private corporate ($12.3 billion), federal government ($10.8 billion) and provincial ($9.8 billion) bonds took the lion's share.
The Motley Fool
The Smartest TSX ETF to Buy With $1,000 Right Now
Forget the TSX 60 or the TSX Composite. I prefer the TSX Dividend Aristocrats. The post The Smartest TSX ETF to Buy With $1,000 Right Now appeared first on The Motley Fool Canada.
GOBankingRates
I’m a Bank Teller: 5 Banking Services Retirees Should Be Using but Aren’t
Retirees need to keep a close eye on their money. After a lifetime of working, typically they shift gears into a fixed income that is some configuration of Social Security, benefits from their job and...
Simply Wall St.
Top Three TSX Stocks Estimated To Be Undervalued In June 2024
Amidst a shifting economic landscape marked by moderating inflation and central bank policies, the Canadian market presents unique opportunities for investors. As the Bank of Canada embarks on a potential rate-cutting cycle, understanding which stocks are undervalued becomes particularly crucial in leveraging these evolving market conditions.
The Motley Fool
2 Utility Stocks That Benefit From Interest Rate Cuts
Further rate cuts could mean a healthy rise in share price for these two undervalued utility stocks. The post 2 Utility Stocks That Benefit From Interest Rate Cuts appeared first on The Motley Fool Canada.
The Motley Fool
2 Absurdly Cheap Stocks to Buy and Hold for Years
Cheap TSX dividend stocks such as Stella-Jones should be part of your shopping list in June 2024. The post 2 Absurdly Cheap Stocks to Buy and Hold for Years appeared first on The Motley Fool Canada.
USA TODAY
Chipotle stock split: Investors who hold shares by end of Tuesday included in rare 50-for-1 split
Investors who hold Chipotle stock at the end of trading Tuesday will be recorded for company's stock split. Here's what to know about the next steps.
The Motley Fool
4 Growth Stocks to Buy and Hold Forever
Given their long-term growth prospects, these four stocks are excellent long-term buys. The post 4 Growth Stocks to Buy and Hold Forever appeared first on The Motley Fool Canada.
Business Insider
Brace for a stock-market pullback after an epic start to the year, strategist warns
CFRA's Sam Stovall said history suggests the S&P 500 could slump as much as 12% before notching further gains later this year.
The Motley Fool
NVIDIA’s Historic Stock Split: Too Late to Invest?
Open Text Corp (TSX:OTEX) is a Canadian AI stock that uses NVIDIA (NVDA) chips. The post NVIDIA’s Historic Stock Split: Too Late to Invest? appeared first on The Motley Fool Canada.
Barrons.com
Apple Stock Falls Despite New Price Target. It’s Among the Highest on Wall Street.
While Apple’s stock was falling early on Tuesday, its artificial-intelligence announcements are fueling bullish forecasts among Wall Street analysts. Apple stock was down 1.4% at $215.01 in early trading. “We are updating our volume forecasts for the iPhone 16 and iPhone 17 cycle following the WWDC event, which laid out a collection of AI features that in our view will drive an upgrade cycle that starts with the iPhone 16 launch…followed by a cycle peak with the launch of iPhone 17,” wrote J.P. Morgan analyst Samik Chatterjee in a research note on Tuesday.
The Motley Fool
RRSP Pension: 2 Dividend Stocks to Buy on the Latest Dip
These high-yield TSX stocks look cheap right now for RRSP investors. The post RRSP Pension: 2 Dividend Stocks to Buy on the Latest Dip appeared first on The Motley Fool Canada.
The Motley Fool
This Is the Biggest Stock in My Personal Portfolio
Here's why I continue to buy shares of this S&P 500 index ETF whenever I can. The post This Is the Biggest Stock in My Personal Portfolio appeared first on The Motley Fool Canada.

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Company News for June 11, 2024

Latest Stories

Trump Media share price down 39%: Why the DJT stock keeps falling

Kevin O'Leary explains why restaurants are shuttering across America — and why more will follow

1 Dividend Superstar I’D buy over TD Bank Stock

8.86% Dividend Yield! I’m Buying This TSX Stock and Holding it for Decades

Bill Gates' former assistant is worth $154 billion — and could soon be richer than the Microsoft cofounder

C$ rises; bearish bets on currency reach all-time high

This 8.9 Percent Dividend Stock Pays Cash Every Month

Global investors pounce on Canadian bonds with buying spree set to continue

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

I’m a Bank Teller: 5 Banking Services Retirees Should Be Using but Aren’t

Top Three TSX Stocks Estimated To Be Undervalued In June 2024

2 Utility Stocks That Benefit From Interest Rate Cuts

2 Absurdly Cheap Stocks to Buy and Hold for Years

Chipotle stock split: Investors who hold shares by end of Tuesday included in rare 50-for-1 split

4 Growth Stocks to Buy and Hold Forever

Brace for a stock-market pullback after an epic start to the year, strategist warns

NVIDIA’s Historic Stock Split: Too Late to Invest?

Apple Stock Falls Despite New Price Target. It’s Among the Highest on Wall Street.

RRSP Pension: 2 Dividend Stocks to Buy on the Latest Dip

This Is the Biggest Stock in My Personal Portfolio