Company News for May 21, 2024

Financial Post
Posthaste: What happened to the Canadian dollar the last time the Bank of Canada and Fed parted ways
Watch out below for a falling loonie
Simply Wall St.
Royal Bank of Canada (TSE:RY) Will Pay A Larger Dividend Than Last Year At CA$1.42
Royal Bank of Canada's ( TSE:RY ) dividend will be increasing from last year's payment of the same period to CA$1.42 on...
Barrons.com
GameStop Stock Soars as ‘Roaring Kitty’ Appears to Show Big Stake. AMC Also Up.
Keith Gill, writing on Reddit, posted a screen shot that shows he has a $181.4 million position in the meme favorite.
GOBankingRates
Cutting Out These 9 Expenses Will Save Retirees Over $29,000 a Year
Most retirees live on a fixed income, so they look for ways to cut down on expenses and save money. This isn't always easy to do, especially if you already feel like you're living with the least...
Moneywise
Warren Buffett once shared how he could've turned $114 into $400K with his dead-simple signature investing style
It’s about America.
Financial Post
To cut or hold interest rates — all eyes are on the Bank of Canada
Economists say there are risks to the economy if the central bank doesn’t cut in June or signal a cut for July
Yahoo Finance
Ford CEO on the future of EVs, Detroit, and his relationship with Tesla's Elon Musk
Ford CEO Jim Farley sat down for a new edition of Yahoo Finance's Opening Bid podcast, sharing why the auto giant has spent $1 billion to rebuild a Detroit landmark and why he remains bullish on EVs.
Business Insider
Cathie Wood's ARK Invest missed out on more than $1 billion in returns by selling Nvidia stock too early
"I've watched Nvidia all my career, actually, since it's gone public. It's a very cyclical stock," Cathie Wood said in defense of her firm selling shares.
GOBankingRates
8 Ways Baby Boomers Become Poor in Retirement
As the baby boomer generation enters retirement, a growing number of them face unexpected financial challenges that threaten their retirement security. Try This: Retired But Want To Work? Try These 10...
SmartAsset
Do I Have to Pay Tax on My Inheritance?
There comes a time in all of our lives when we have to say goodbye to a family member or friend. If you were close with the person who passed away, you might discover that they've left you something in … Continue reading → The post What You Need to Know About Inheritance Tax appeared first on SmartAsset Blog.
Barrons.com
Nvidia Stock Rises After ‘Rubin’ Chip Unveiling. AMD Tries to Keep Up.
CEO Jensen Huang announced the company's next generation of artificial-intelligence semiconductors.
CNN Business
A shady financial tool from the housing-bubble era is making a comeback
America’s gummed-up housing market is a $45 trillion mess — a big old knot of economic forces smashing into a century’s worth of cultural conditioning about the value of homeownership.
Bloomberg
Key engines of US consumer spending are losing steam all at once
(Bloomberg) -- The main drivers behind the remarkably resilient American consumer are losing steam at the same time, suggesting a recent pullback in household demand may be more than just a one-off.
Reuters
Canadian factory PMI slips to four-month low in May
Canadian manufacturing activity slowed in May, adding to a record-setting period of contraction for the sector, as output and new orders fell at a faster pace and firms reduced their buying activity, data showed on Monday. The S&P Global Canada Manufacturing Purchasing Managers' Index (PMI) edged down to a seasonally adjusted 49.3 in May from 49.4 in April, marking its lowest level since January. "Firms continue to report subdued market demand, characterised by uncertainty and a general unwillingness to commit to new business," Paul Smith, economics director at S&P Global Market Intelligence, said in a statement.
Business Insider
The battle over Elon Musk's pay package is a showdown between his army of supporters and institutional investors
Mark your calendars. June 13 is the day of Tesla's annual shareholder meeting, where Elon Musk's pay package will be decided.
Bloomberg
Turkish Inflation Tops 75% But Worst of Crisis Likely Over
(Bloomberg) -- Turkey’s inflation accelerated more than forecast last month, in what officials hope marks the worst of a yearslong cost-of-living crisis.Most Read from BloombergKey Engines of US Consumer Spending Are Losing Steam All at OnceGameStop Shares Surge as Gill’s Reddit Return Shows Huge BetMnuchin Chases Wall Street Glory With His War Chest of Foreign MoneyHomebuyers Are Starting to Revolt Over Steep Prices Across USAMLO Protege Sheinbaum Becomes First Female President in MexicoData on
Barrons.com
Meta Platforms Could Be Next to Split Its Stock
Meta Platforms is the odd company out in the Magnificent Seven when it comes to stock splits. Stock splits are all the rage these days after Nvidia Sony Lam Research and Chipotle recently announced plans to split their shares. Walmart has already split its stock earlier this year. Stock splits don’t change the value or fundamentals of a company.
GOBankingRates
If You’d Invested $1,000 in Starbucks’ IPO, Here’s How Much You Would Have Today
Starbucks coffee was founded in 1971 and quickly grew from a one-store shop in Seattle to a global phenomenon, selling millions of drinks per week. Millions of Americans, and indeed consumers around...
Simply Wall St.
Exploring Three TSX Growth Companies With Strong Insider Ownership
The Canadian market continues to navigate through a landscape marked by evolving economic trends and shifting market conditions, as analyzed by experts like Craig Fehr. In this environment, understanding the nuances of growth companies with high insider ownership can offer investors a unique perspective on potential resilience and commitment to long-term success.
Simply Wall St.
If EPS Growth Is Important To You, NVIDIA (NASDAQ:NVDA) Presents An Opportunity
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...

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

NYSE EQUITIES INVESTIGATING REPORTED TECHNICAL ISSUE

Company News for May 21, 2024

Latest Stories

Posthaste: What happened to the Canadian dollar the last time the Bank of Canada and Fed parted ways

Royal Bank of Canada (TSE:RY) Will Pay A Larger Dividend Than Last Year At CA$1.42

GameStop Stock Soars as ‘Roaring Kitty’ Appears to Show Big Stake. AMC Also Up.

Cutting Out These 9 Expenses Will Save Retirees Over $29,000 a Year

Warren Buffett once shared how he could've turned $114 into $400K with his dead-simple signature investing style

To cut or hold interest rates — all eyes are on the Bank of Canada

Ford CEO on the future of EVs, Detroit, and his relationship with Tesla's Elon Musk

Cathie Wood's ARK Invest missed out on more than $1 billion in returns by selling Nvidia stock too early

8 Ways Baby Boomers Become Poor in Retirement

Do I Have to Pay Tax on My Inheritance?

Nvidia Stock Rises After ‘Rubin’ Chip Unveiling. AMD Tries to Keep Up.

A shady financial tool from the housing-bubble era is making a comeback

Key engines of US consumer spending are losing steam all at once

Canadian factory PMI slips to four-month low in May

The battle over Elon Musk's pay package is a showdown between his army of supporters and institutional investors

Turkish Inflation Tops 75% But Worst of Crisis Likely Over

Meta Platforms Could Be Next to Split Its Stock

If You’d Invested $1,000 in Starbucks’ IPO, Here’s How Much You Would Have Today

Exploring Three TSX Growth Companies With Strong Insider Ownership

If EPS Growth Is Important To You, NVIDIA (NASDAQ:NVDA) Presents An Opportunity