Company News for May 1, 2024

The Motley Fool
Why I Can’t Stop Buying Shares of This Magnificent High-Yield Dividend Stock in My TFSA
Seeking a reliable income stream for your TFSA? Consider this sustainable high-yielding dividend payer. The post Why I Can’t Stop Buying Shares of This Magnificent High-Yield Dividend Stock in My TFSA appeared first on The Motley Fool Canada.
The Motley Fool
1 of the Best Dividend-Paying Bank Stocks to Buy Now and Hold Forever
Here’s a very reliable, dividend-paying Canadian bank stock you can buy at a bargain right now and hold for the long term. The post 1 of the Best Dividend-Paying Bank Stocks to Buy Now and Hold Forever appeared first on The Motley Fool Canada.
Variety
Trump’s Social Media Company Posts Q1 Revenue of $770,500 and Net Loss of $327.6 Million
Trump Media and Technology Group, the company affiliated with former U.S. president Donald Trump that operates Truth Social, reported $770,500 in revenue for the first quarter of 2024 and a net loss of $327.6 million. Shares in Sarasota, Fla.-based TMTG — which says it is a “safe harbor for free expression amid increasingly harsh censorship …
Bloomberg
Tesla Shareholder Group Slams Elon Musk’s $56 Billion Pay Package
(Bloomberg) -- A coalition of Tesla Inc. shareholders is urging its peers to reject the $56 billion pay package for Chief Executive Officer Elon Musk that the company’s board has asked investors to approve again.Most Read from BloombergOne Dead After Singapore Air Flight Hit By Severe Turbulence‘It Felt Like We Had Crashed,’ a Singapore Air Passenger RecallsHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyTesla Shareholder Group Slams Elon Musk’s $56 Billion Pay PackageAmalgamated Ban
Reuters
Nvidia earnings could spark $200 billion swing in shares, options show
Traders are pricing in a big move for Nvidia’s shares after the chipmaker reports earnings on Wednesday, though expectations for volatility are more muted than in the past, U.S. options markets show. Nvidia's options are primed for an 8.7% swing in either direction by Friday, according to data from options analytics firm Trade Alert. While massive by most measures, that implied move would fall far short of the 16.4% jump Nvidia’s shares notched after the company’s most recent quarterly earnings report.
The Canadian Press
London Drugs says it's unwilling to pay ransom demanded by hackers
RICHMOND, B.C. — Retailer London Drugs says it is "unwilling and unable" to pay a multimillion-dollar ransom to cybercriminals who claim to have stolen data in a hacking attack that recently shut down its stores for more than a week. The company says in a statement that the criminals could leak stolen corporate files containing employee information on the dark web, calling the situation "deeply distressing." It says it notified all employees and is providing them with two years of credit monitor
The Motley Fool
TD Bank in Hot Water: An ‘Exceptional’ Opportunity
Is TD Bank stock a buy after its money-laundering regulatory problems? The post TD Bank in Hot Water: An ‘Exceptional’ Opportunity appeared first on The Motley Fool Canada.
The Motley Fool
3 Dividend Stocks With Attractive Yields for Sale Now
Dividends provide income and potentially stable returns for investors while holding the investment. The post 3 Dividend Stocks With Attractive Yields for Sale Now appeared first on The Motley Fool Canada.
The Motley Fool
Want Decades of Passive Income? 2 Energy Stocks to Buy Now and Hold Forever
Are you wondering what TSX energy stocks could pay and grow their dividends for decades ahead? Here are two for long-term passive income! The post Want Decades of Passive Income? 2 Energy Stocks to Buy Now and Hold Forever appeared first on The Motley Fool Canada.
Yahoo Finance Canada
Canada's inflation rate cools to 2.7 per cent in April, likely giving BoC 'all clear' for June rate cut
"Canadians look likely to get a small dose of rate relief in the coming weeks."
The Motley Fool
2 No-Brainer Utilities Stocks to Buy Right Now for Less Than $200
These two utilities stocks can be some of the best picks for investors if you want to shell out some capital for safe returns. The post 2 No-Brainer Utilities Stocks to Buy Right Now for Less Than $200 appeared first on The Motley Fool Canada.
Barrons.com
GameStop, AMC Are Down. Investors Lost $13 Billion on Meme Stocks Last Week.
Meme stocks, which are trading largely divorced from company fundamentals, have seen a resurgence last week when social media user Roaring Kitty posted for the first time in years.
INSIDER
It's so tough to pay cash in China that the government had to fine a KFC for not accepting banknotes
China has been pushing for businesses to leave the door open for customers to use cash, with foreigner visitors saying they're struggling to spend.
Simply Wall St.
Exploring Three TSX Growth Companies With Significant Insider Ownership
The Canadian market has shown promising growth, with a 1.1% increase over the past week and an impressive 11% rise over the last year, alongside expectations of a 14% annual growth in earnings. In this buoyant environment, stocks with high insider ownership can be particularly compelling as they often signal strong confidence from those closest to the company's operations.
The Canadian Press
Canada’s inflation rate falls to 2.7% in April, driving up odds of June rate cut
OTTAWA — Canada’s annual inflation rate fell to 2.7 per cent in April amid a broad-based slowdown in price growth, boosting expectations of an interest rate cut next month. Statistics Canada said the slowdown from 2.9 per cent in March was led by food prices, services and durable goods. Tuesday’s consumer price index report bears good news for the Bank of Canada, which has been looking for a sustained decline in inflation toward its two per cent target. And for economists who have been expecting
The Motley Fool
3 Copper Stocks to Buy as the Commodity Continues to Soar
Are you looking to get in on the growth of copper stocks? These are the biggest heavy hitters out there and could continue to surge in share price. The post 3 Copper Stocks to Buy as the Commodity Continues to Soar appeared first on The Motley Fool Canada.
Simply Wall St.
Silver Elephant Mining (TSE:ELEF) shareholder returns have been massive, earning 868% in 3 years
It is a pleasure to report that the Silver Elephant Mining Corp. ( TSE:ELEF ) is up 86% in the last quarter. We really...
Bloomberg
Copper Hits Record Above $11,000 on Bets That Shortage Looms
(Bloomberg) -- Copper surged to its highest-ever level, extending a months-long rally driven by financial investors who’ve piled into the market in anticipation of deepening supply shortages.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’Speedier Wall Street Trades Are Putting Global Finance On EdgeOne of the Last Big Bears on Wall Street T
The Motley Fool
3 Stocks That Can Help You to Get Richer in the Next 5 Years
Consistent growth stocks with a relatively bright future are one of the most trustworthy ways to grow wealth. The post 3 Stocks That Can Help You to Get Richer in the Next 5 Years appeared first on The Motley Fool Canada.
Reuters
Canada's inflation cools to three-year low boosting June rate cut bets
Canada's annual inflation rate slowed to a three-year low of 2.7% in April and core measures continued to ease, data showed on Tuesday, prompting money markets to see an increased chance of an interest rate cut in June. The April inflation figures are critical for Bank of Canada Governor Tiff Macklem, who has repeatedly said he would like to see more evidence that prices are easing before deciding on when to start cutting rates. "Canadian central bankers should have the evidence they need to begin easing monetary policy," Royce Mendes, head of macro strategy for Desjardins Group, wrote in a note, adding that he was expecting the first rate cut to happen in June.

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Company News for May 1, 2024

Latest Stories

Why I Can’t Stop Buying Shares of This Magnificent High-Yield Dividend Stock in My TFSA

1 of the Best Dividend-Paying Bank Stocks to Buy Now and Hold Forever

Trump’s Social Media Company Posts Q1 Revenue of $770,500 and Net Loss of $327.6 Million

Tesla Shareholder Group Slams Elon Musk’s $56 Billion Pay Package

Nvidia earnings could spark $200 billion swing in shares, options show

London Drugs says it's unwilling to pay ransom demanded by hackers

TD Bank in Hot Water: An ‘Exceptional’ Opportunity

3 Dividend Stocks With Attractive Yields for Sale Now

Want Decades of Passive Income? 2 Energy Stocks to Buy Now and Hold Forever

Canada's inflation rate cools to 2.7 per cent in April, likely giving BoC 'all clear' for June rate cut

2 No-Brainer Utilities Stocks to Buy Right Now for Less Than $200

GameStop, AMC Are Down. Investors Lost $13 Billion on Meme Stocks Last Week.

It's so tough to pay cash in China that the government had to fine a KFC for not accepting banknotes

Exploring Three TSX Growth Companies With Significant Insider Ownership

Canada’s inflation rate falls to 2.7% in April, driving up odds of June rate cut

3 Copper Stocks to Buy as the Commodity Continues to Soar

Silver Elephant Mining (TSE:ELEF) shareholder returns have been massive, earning 868% in 3 years

Copper Hits Record Above $11,000 on Bets That Shortage Looms

3 Stocks That Can Help You to Get Richer in the Next 5 Years

Canada's inflation cools to three-year low boosting June rate cut bets