New Strong Sell Stocks for May 7th

Fortune
Elon Musk accused of selling $7.5 billion of Tesla stock before releasing disappointing sales data that plunged the share price to two-year low
The Tesla CEO faces claims he pocketed $3 billion in ill-gotten gains in late 2022 after learning Q4 vehicle sales would not deliver the 'epic end of year' he promised investors.
Business Insider
BofA says chip stocks won't peak until mid-2026, and that these 3 sub-industries will thrive until then
"The current upcycle started in late'23, so we are only in quarter 3, implying strength likely till mid-26E," Bank of America wrote on Monday.
Insider Monkey
Is BCE Inc. (NYSE:BCE) the Best Canadian Dividend Stock with High Yield?
In this article, we will take a look at some of the best dividend stocks with over 7% yield according to hedge funds. Though BCE Inc. (NYSE:BCE) ranks 8th on our list of the 10 Best Dividend Stocks with 7+% Yield, we have analyzed the stock in detail. High dividend yields are attractive. They show […]
The Motley Fool
RRSP Must-Haves: 2 Canadian Stocks to Secure Your Retirement
Future retirees can use the RRSP to save for retirement and be financially secure with the help of a Dividend King and dividend pioneer. The post RRSP Must-Haves: 2 Canadian Stocks to Secure Your Retirement appeared first on The Motley Fool Canada.
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.
GOBankingRates
7 Things To Know If You Withdraw More Than $10,000 From Your Checking Account
If you've taken the advice to save as much money as in an emergency fund or other savings, you should feel entitled to take out money when needed. That's what it's there for, after all. Learn More: 3...
The Motley Fool
2 No-Brainer Stocks to Buy With $7,000
Got some cash to fill up your TFSA? Here are two stocks that look like good buys on the recent TSX stock market correction. The post 2 No-Brainer Stocks to Buy With $7,000 appeared first on The Motley Fool Canada.
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...
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
Beware the retirement savings 'time bomb,' tax expert warns
Taxes are the "retirement time bomb," according to one tax expert. Here's what you can do now.
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...
Bloomberg
Oil Slumps as OPEC’s Surprise Plan to Raise Output Adds to Gloom
(Bloomberg) -- Oil tumbled after OPEC+ unexpectedly rolled out a plan to restore some production to the market this year, adding to the bearish momentum crude has been experiencing for months. Most Read from BloombergKey Engines of US Consumer Spending Are Losing Steam All at OnceMnuchin 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 MexicoKrugman Says China Is ‘Biza
The Motley Fool
Invest $5,000 in This Dividend Stock for $1,060 in Passive Income
Franco Nevada stock trades at a 20% discount to consensus price target estimates while offering investors a tasty yield of more than 1%. The post Invest $5,000 in This Dividend Stock for $1,060 in Passive Income appeared first on The Motley Fool Canada.
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.
The Motley Fool
Brookfield Renewable Stock: Buy, Sell or Hold?
Brookfield Renewable stock (TSX:BEP.UN) has surged by 31% since earnings. Does this mean you should get in, or get out? The post Brookfield Renewable Stock: Buy, Sell or Hold? appeared first on The Motley Fool Canada.
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.
CNN Business
A shady financial tool from the housing-bubble era is making a comeback
America’s gummed-up housing market is a $45 trillion mess — a big old knot of economic forces smashing into a century’s worth of cultural conditioning about the value of homeownership.
Reuters
C$ pulls back from 2-week high on Wall Street jitters
The Canadian dollar edged lower against its U.S. counterpart on Monday, with the currency pulling back from an earlier two-week high, as equity markets fell and investors braced for the potential start of Bank of Canada interest rate cuts. "It looks like the softer U.S. manufacturing data weighing on equities ultimately has won out on the session and given the CAD a turn back lower," said Amo Sahota, a director at Klarity FX in San Francisco. Domestic data also showed a slowdown in manufacturing.
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
Reuters
Canadian billionaire Prem Watsa to step down as Fairfax India chairman
He will be replaced by his son Benjamin Watsa, effective July 1, as chair but will continue to serve as a director on the board, the company said. The firm also hired insider Gopalakrishnan Soundarajan as its new CEO, replacing Chandran Ratnaswami, who will transition to the role of executive vice chairman. Prem Watsa is also the founder and CEO of Canada-based insurer Fairfax Financial Holdings.

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CRUDE OIL

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New Strong Sell Stocks for May 7th

Latest Stories

Elon Musk accused of selling $7.5 billion of Tesla stock before releasing disappointing sales data that plunged the share price to two-year low

BofA says chip stocks won't peak until mid-2026, and that these 3 sub-industries will thrive until then

Is BCE Inc. (NYSE:BCE) the Best Canadian Dividend Stock with High Yield?

RRSP Must-Haves: 2 Canadian Stocks to Secure Your Retirement

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

7 Things To Know If You Withdraw More Than $10,000 From Your Checking Account

2 No-Brainer Stocks to Buy With $7,000

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

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

Beware the retirement savings 'time bomb,' tax expert warns

8 Ways Baby Boomers Become Poor in Retirement

Oil Slumps as OPEC’s Surprise Plan to Raise Output Adds to Gloom

Invest $5,000 in This Dividend Stock for $1,060 in Passive Income

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

Brookfield Renewable Stock: Buy, Sell or Hold?

Exploring Three TSX Growth Companies With Strong Insider Ownership

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

C$ pulls back from 2-week high on Wall Street jitters

Turkish Inflation Tops 75% But Worst of Crisis Likely Over

Canadian billionaire Prem Watsa to step down as Fairfax India chairman