Company News for June 6, 2024

The Motley Fool
Buy 500 Shares of This Super Dividend Stock for $1,830/Year in Passive Income
This super dividend stock offers high yield and visibility over earnings growth. It can help you earn $1,830 in passive income. The post Buy 500 Shares of This Super Dividend Stock for $1,830/Year in Passive Income appeared first on The Motley Fool Canada.
The Motley Fool
1 Dividend Stock to Buy if the Bank of Canada Keeps Cutting Rates
This dividend stock is sure to benefit from ongoing cuts in the key interest rate and is already seeing some major opportunities ahead. The post 1 Dividend Stock to Buy if the Bank of Canada Keeps Cutting Rates appeared first on The Motley Fool Canada.
The Motley Fool
My Top 5 TSX Stocks to Buy Right Now for Massive Returns in a Decade
These five TSX stocks have impressive operations and solid growth potential, making them five of the best to buy now. The post My Top 5 TSX Stocks to Buy Right Now for Massive Returns in a Decade appeared first on The Motley Fool Canada.
The Motley Fool
RRSP Wealth: 2 Great Dividend Stocks to Own for Total Returns
Dividend stocks like Fortis Inc (TSX:FTS) can be great additions to a well-diversified portfolio. The post RRSP Wealth: 2 Great Dividend Stocks to Own for Total Returns appeared first on The Motley Fool Canada.
Barrons.com
Forget Nvidia. This Stealth Tech Fund is Beating the Real Thing.
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.
Barrons.com
Rivian Stock Soars 50%. Its Volkswagen Deal Is a Game Changer.
Guggenheim analyst Ronald Jewsikow started coverage of shares of electric-vehicle maker Rivian with a Buy rating and $18 price target.
Bloomberg
Bitcoin Posts Biggest Drop in Two Months as Liquidations Pick Up
(Bloomberg) -- Losses are piling up in the crypto market after its second-worst weekly decline of 2024, a reflection of cooling demand for Bitcoin exchange-traded funds and uncertainty over monetary policy.Most Read from BloombergNvidia’s 13% Stock Rout Has Traders Scouring Charts for SupportBuzzFeed Struggles to Sell Owner of Hit YouTube Show ‘Hot Ones’Jain Global Raises $5.3 Billion, Secures Cash From Abu DhabiHow Long Can High Rates Last? Bond Markets Say Maybe ForeverWikileaks’ Julian Assang
Global News
Family fund: $115K is the average gift for 1st-time homebuyers, CIBC says
A new report from CIBC shows how some Canadians are managing to buy their first homes. It turns out they're not paying for all of it themselves. Nathaniel Dove looks at where the money is coming from and how much people are getting.
USA TODAY
Trump Media rebounds after Trump hush money verdict spooked DJT shares
Trump Media & Technology Group shares rallied after a weekslong decline cut the stock price in half and knocked investors for a loop.
The Motley Fool
2 REITs on My Radar as Interest Rates Drop
High-quality REITs can give you high-yielding dividends monthly to earn a good passive income. The post 2 REITs on My Radar as Interest Rates Drop appeared first on The Motley Fool Canada.
The Canadian Press
Alimentation Couche-Tard earnings drop as consumers watch spending
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.
The Motley Fool
Beginners: 4 TSX Stocks I’d Buy Right Away!
Are you looking to invest and no idea where to start? These four stocks are good no matter when you invest, with dividends on deck! The post Beginners: 4 TSX Stocks I’d Buy Right Away! appeared first on The Motley Fool Canada.
CBC
Conservative MP shares inaccurate, ChatGPT-generated stats on capital gains tax rate
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
The Motley Fool
3 Stocks to Buy and Hold for the Next Decade
Given their healthy growth prospects, these three Canadian stocks could deliver superior returns over the next 10 years. The post 3 Stocks to Buy and Hold for the Next Decade appeared first on The Motley Fool Canada.
Global News
Business Matters: Inflation data has big implications for Bank of Canada. Here’s what to expect
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.
The Motley Fool
For a Shot at $5,000/Year in Passive Income, Buy 1,000 Shares of This TSX Stock
Do you know you can build passive income with TSX stocks? A $22,000 investment can give you a shot at $5,000/year in passive income. The post For a Shot at $5,000/Year in Passive Income, Buy 1,000 Shares of This TSX Stock appeared first on The Motley Fool Canada.
The Motley Fool
3 No-Brainer Stocks to Buy Under $50
Investing in a core portfolio needs no-brainer stocks you can invest in at any time. These stocks you can buy for less than $50. The post 3 No-Brainer Stocks to Buy Under $50 appeared first on The Motley Fool Canada.
Reuters
C$ climbs to 3-week high as BoC eyes soft landing
The Canadian dollar strengthened to a near three-week high against its U.S. counterpart on Monday as investors took stock of recent broad-based gains for the greenback and the Bank of Canada said the economy could grow as inflation cools. "We are seeing a little bit of position squaring," said Michael Goshko, senior market analyst at Convera Canada. The U.S. dollar pulled back from a seven-week against a basket of major currencies, while the price of oil, one of Canada's major exports, settled 1.1% higher at $81.63 a barrel.
Barrons.com
Nvidia CEO Jensen Huang Sold $95 Million of Stock. Other Chip CEOs Are Selling.
Nvidia stock has rocketed 156% so far in 2024, and Jensen Huang has been selling stock through a trading plan. His peers are also selling.
The Motley Fool
2 Top Dividend Stocks That Keep Raising Their Payouts
In addition to their solid dividend growth track record, these top dividend stocks also offer strong growth potential for the future. The post 2 Top Dividend Stocks That Keep Raising Their Payouts appeared first on The Motley Fool Canada.

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Company News for June 6, 2024

Latest Stories

Buy 500 Shares of This Super Dividend Stock for $1,830/Year in Passive Income

1 Dividend Stock to Buy if the Bank of Canada Keeps Cutting Rates

My Top 5 TSX Stocks to Buy Right Now for Massive Returns in a Decade

RRSP Wealth: 2 Great Dividend Stocks to Own for Total Returns

Forget Nvidia. This Stealth Tech Fund is Beating the Real Thing.

Rivian Stock Soars 50%. Its Volkswagen Deal Is a Game Changer.

Bitcoin Posts Biggest Drop in Two Months as Liquidations Pick Up

Family fund: $115K is the average gift for 1st-time homebuyers, CIBC says

Trump Media rebounds after Trump hush money verdict spooked DJT shares

2 REITs on My Radar as Interest Rates Drop

Alimentation Couche-Tard earnings drop as consumers watch spending

Beginners: 4 TSX Stocks I’d Buy Right Away!

Conservative MP shares inaccurate, ChatGPT-generated stats on capital gains tax rate

3 Stocks to Buy and Hold for the Next Decade

Business Matters: Inflation data has big implications for Bank of Canada. Here’s what to expect

For a Shot at $5,000/Year in Passive Income, Buy 1,000 Shares of This TSX Stock

3 No-Brainer Stocks to Buy Under $50

C$ climbs to 3-week high as BoC eyes soft landing

Nvidia CEO Jensen Huang Sold $95 Million of Stock. Other Chip CEOs Are Selling.

2 Top Dividend Stocks That Keep Raising Their Payouts