Uber, Shopify fall; Lyft, Arista Networks rise, Wednesday, 5/8/2024

The Motley Fool
TFSA: 4 Canadian Stocks to Buy and Hold Forever
This well-priced basket of Canadian stocks is perfect for a long-term TFSA investor. The post TFSA: 4 Canadian Stocks to Buy and Hold Forever appeared first on The Motley Fool Canada.
Moneywise
An entire Florida homeowners association board quits after $60K special assessment dispute — what happened
One specialist says HOA reserves don't need to be “fully funded.”
Simply Wall St.
Favourable Signals For Algonquin Power & Utilities: Numerous Insiders Acquired Stock
Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like...
The Motley Fool
1 High-Yield Dividend Stock You Can Buy and Hold Forever
Industry giants that also happen to be established Dividend Aristocrats are worth holding onto for decades, virtually forever, for a reliable passive income. The post 1 High-Yield Dividend Stock You Can Buy and Hold Forever appeared first on The Motley Fool Canada.
CNN Business
John Deere to lay off roughly 600 employees from three US factories
The farm-equipment manufacturer will lay off about 600 employees across three US factories as it shifts production to a newly planned facility in Ramos, Mexico.
Barrons.com
7 Discounted Stocks That Could Rally and Aren’t Nvidia or Other Tech Names
Barron’s found seven candidates—that aren’t the six tech giants—that have improving Wall Street sentiment, increasing earnings estimates, and haven’t substantially outperformed the market. The performance of the big six stocks has pushed up the return of the overall index.
Business Insider
Mark O'Hare became a billionaire after BlackRock acquired his data company. Now he's turning his employees into millionaires.
BlackRock acquired Preqin for $3.2 billion this week, making Mark O'Hare and his wife billionaires. Now, he's passing some of the wealth to employees.
Simply Wall St.
Three Undervalued Stocks With Estimated Discounts Ranging From 13.7% To 35.9%
As global markets exhibit mixed signals with some indices reaching record highs and others showing contraction, investors are navigating through a landscape marked by fluctuating interest rates and economic indicators. In this context, identifying undervalued stocks becomes crucial as they may offer potential for appreciation in a market where growth has been narrowly driven and certain sectors may be poised for recovery.
Business Insider
The stock market will drop 32% in 2025 as the Fed fails to save the economy from a recession, research firm says
"Two years ago, workers who lost their jobs could simply walk across the street to find new work. That has become increasingly difficult," BCA said.
The Motley Fool
Buy 500 Shares of 2 TSX Stocks for $2,736/Year in Passive Income
These two Canadian stocks with a stellar dividend payment and growth history can help investors start a worry-free passive income stream. The post Buy 500 Shares of 2 TSX Stocks for $2,736/Year in Passive Income appeared first on The Motley Fool Canada.
The Motley Fool
If You Like Nvidia, Then You Will Love These 2 Hot AI Stocks
Are you ready to go beyond just Nvidia (NASDAQ:NVDA) stock? These companies still provide investors with plenty of room to grow. The post If You Like Nvidia, Then You Will Love These 2 Hot AI Stocks appeared first on The Motley Fool Canada.
Fortune
Nvidia will win the race to a $4 trillion market cap—but the long-term big tech battle might be different, experts say
“I think, a year from now, we [will] have three $4 trillion market cap companies: Nvidia, Apple, Microsoft,” Wedbush tech analyst Dan Ives told Fortune.
Reuters
EV maker Lucid beats quarterly deliveries estimates helped by price cuts
(Reuters) -Lucid Group reported second-quarter deliveries above market expectations on Monday, as price cuts helped boost demand for its luxury electric sedans. Demand for electric vehicles has grown at a slower-than-expected pace in the past year, pressured by high borrowing costs, economic uncertainties and consumer preference for hybrid alternatives. EV market leader Tesla and others, including Lucid, have responded by slashing prices and offering incentives such as cheaper financing options to lure consumers.
Global News
Canadians pile on household debt
A new report from Desjardins shows Canadian household debt is among the highest in the world. Desjardins Vice President and Chief Economist Jimmy Jean looks at what's behind the troubling numbers.
Baystreet
A Solid Canadian Dividend Growth Stock to Buy and Hold Forever
If you’re looking for a quality dividend stock, it’s important to consider a company’s ...
Simply Wall St.
3 TSX Dividend Stocks With Yields Ranging From 3.5% To 9%
As central banks, including the Bank of Canada, adjust interest rates in response to shifting economic indicators such as inflation and employment, investors might look for stable income opportunities amidst market fluctuations. In this context, dividend stocks can be particularly appealing, offering potential regular income streams and a degree of insulation against market volatility.
Fortune
On Wall Street bearish investors are out of favor—but there’s mounting evidence they are right about the stock market outlook
The S&P 500's current multiple stands at 28.9. Except during the Great Financial Crisis when profits collapsed, that's the highest PE for any quarter since the tech bubble of the late 1990s and early 2000s.
The Motley Fool
Magna Stock vs. Linamar: 1 Is Obviously a Better Buy
Magna stock's recent selloff could be a red flag. Its smaller competitor, Linamar, seems to be a better buy. The post Magna Stock vs. Linamar: 1 Is Obviously a Better Buy appeared first on The Motley Fool Canada.
The Canadian Press
Vehicle supply building. Prices are going down. Is it time to buy a new car?
For the first time in years, car shoppers are having an easier time finding a deal as the auto industry bounces back from supply chain woes — and experts say the outlook could get even better.
Barrons.com
Nvidia Stock Rises. Why the Chip Maker Could Provide a 2025 Surprise.
Nvidia has been in a lull ahead of the company’s next earnings report but analysts are backing the stock to rise.

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Uber, Shopify fall; Lyft, Arista Networks rise, Wednesday, 5/8/2024

Latest Stories

TFSA: 4 Canadian Stocks to Buy and Hold Forever

An entire Florida homeowners association board quits after $60K special assessment dispute — what happened

Favourable Signals For Algonquin Power & Utilities: Numerous Insiders Acquired Stock

1 High-Yield Dividend Stock You Can Buy and Hold Forever

John Deere to lay off roughly 600 employees from three US factories

7 Discounted Stocks That Could Rally and Aren’t Nvidia or Other Tech Names

Mark O'Hare became a billionaire after BlackRock acquired his data company. Now he's turning his employees into millionaires.

Three Undervalued Stocks With Estimated Discounts Ranging From 13.7% To 35.9%

The stock market will drop 32% in 2025 as the Fed fails to save the economy from a recession, research firm says

Buy 500 Shares of 2 TSX Stocks for $2,736/Year in Passive Income

If You Like Nvidia, Then You Will Love These 2 Hot AI Stocks

Nvidia will win the race to a $4 trillion market cap—but the long-term big tech battle might be different, experts say

EV maker Lucid beats quarterly deliveries estimates helped by price cuts

Canadians pile on household debt

A Solid Canadian Dividend Growth Stock to Buy and Hold Forever

3 TSX Dividend Stocks With Yields Ranging From 3.5% To 9%

On Wall Street bearish investors are out of favor—but there’s mounting evidence they are right about the stock market outlook

Magna Stock vs. Linamar: 1 Is Obviously a Better Buy

Vehicle supply building. Prices are going down. Is it time to buy a new car?

Nvidia Stock Rises. Why the Chip Maker Could Provide a 2025 Surprise.