Finance News – Canada
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Stocks reaping the benefits from an upsurge in cyber attacks
Increased cyber attacks have influenced market trends, leading to notable changes in stock valuations and investor behavior across various sectors connected to cybersecurity.
Read Full Article →Thursday’s analyst upgrades and downgrades
Several companies, including Rogers and StorageVault, experienced changes in analyst ratings on Thursday, which may influence their perceived market value and investor decisions.
Read Full Article →Tesla's profits fall again as Musk hopes robotaxis will offset declining sales
Tesla experienced another decline in earnings this quarter, with decreased vehicle sales contributing to lower revenue, while future autonomous taxi services are anticipated to hel...
Read Full Article →Cash makes a comeback as Canadian investors pour money into savings accounts
Recent statistics indicate that Canadian investors are increasingly allocating funds to savings accounts, reflecting a more cautious approach amid declining interest rates and ongo...
Read Full Article →Premarket: Wall Street futures mixed as investors weigh Alphabet, Tesla earnings
Global markets showed varied movements before the opening bell as investors assessed key technology company reports, while European and Asian equities continued their upward trends...
Read Full Article →Before the Bell: What every Canadian investor needs to know today
Thursday morning’s market developments provide key insights into economic trends that could influence investment decisions and portfolio performance for Canadian investors.
Read Full Article →When it’s time to fire an unprofitable client
Financial advisors need to carefully evaluate client profitability and make difficult decisions to maintain sustainable business growth while managing relationships with sensitivit...
Read Full Article →Detroit Three lobbying group criticizes deal favouring Japanese imports
The recent trade agreement has generated optimism among American investors while creating concerns for automakers impacted by increased tariffs on vehicles imported from Mexico and...
Read Full Article →Publisher McGraw Hill says it has raised $415-million in its U.S. initial public offering
McGraw Hill’s recent offering generated substantial capital by selling over 24 million shares at $17 each, slightly under the anticipated price range, indicating notable investor i...
Read Full Article →Tesla's sales fall most in a decade in another rough quarter
Tesla experienced a notable decline in revenue this quarter, reflecting increased market challenges and shifting investor confidence amid growing competition and leadership controv...
Read Full Article →Mattel posts steeper sales decline than expected on weak Barbie demand
Mattel experienced a larger-than-anticipated drop in revenue due to decreased Barbie sales, leading the company to restore its annual sales and earnings projections after previousl...
Read Full Article →Tesla reports steepest drop in quarterly revenue in more than a decade
Tesla's quarterly revenue decreased by 12%, marking its largest decline in over ten years, as the company begins manufacturing a lower-priced vehicle to potentially reach a broader...
Read Full Article →Google parent Alphabet beats Wall Street’s quarterly revenue estimates
Alphabet's stronger-than-expected quarterly income highlights its robust financial position, enabling the company to increase planned capital investments to approximately $85 billi...
Read Full Article →Newmont pauses Canada gold mine after three workers trapped
The temporary halt in operations at the Canadian gold mine may impact the company's revenue, as production is delayed while ensuring the safety of employees involved in the inciden...
Read Full Article →Five years after COVID-19 pandemic, pharma shares languish due to U.S. drug policy uncertainty
Following a surge in investment during the pandemic, pharmaceutical companies have experienced stagnant stock performance as uncertainty surrounding U.S. drug regulations prompts i...
Read Full Article →Scotiabank expects $61 million profit from KeyCorp holdings this quarter
Scotiabank anticipates earning approximately $61 million this quarter as a result of its recent acquisition of a nearly 15% ownership share in KeyCorp earlier this year.
Read Full Article →Krispy Kreme, GoPro and Beyond Meat surge as the latest meme stock revival rolls on
Some investors are purchasing shares of Krispy Kreme, GoPro, and Beyond Meat, hoping to capitalize on recent price increases, although the market trends remain highly unpredictable...
Read Full Article →Market Factors: My stock valuation bible
Understanding key financial metrics and market variables plays a crucial role in accurately assessing the worth of stocks, ultimately influencing investment decisions and portfolio...
Read Full Article →U.S. stock market concentration risks emerge as megacaps report earnings
The increased dominance of a few large companies in the U.S. stock market highlights potential risks, as their combined value now accounts for a substantial portion of the overall...
Read Full Article →TSX breakouts: Bank stocks have been on the rise and one is trading at a decade-high multiple
Several financial sectors are showing notable strength, with banking shares reaching unusually high valuation levels not seen in ten years, while precious metals stocks also mainta...
Read Full Article →B.C. premier says more counter-tariffs won't change Trump's mind
The statement highlights ongoing disagreements among Canadian officials regarding effective strategies to address U.S. trade barriers, which could impact cross-border economic rela...
Read Full Article →Premiers call for improved relationship with China during trade war with the U.S.
The premiers emphasized the importance of strengthening economic ties with China amid ongoing trade tensions with the United States, highlighting potential impacts on regional mark...
Read Full Article →CIBC analyst’s top picks in the dividend-rich energy infrastructure sector
An expert from CIBC has identified leading investment opportunities within the energy infrastructure field known for consistent dividend payments, highlighting potential financial...
Read Full Article →Wednesday’s analyst upgrades and downgrades: CN Rail shares sink as ratings, targets cut
Several companies experienced changes in analyst evaluations on Wednesday, with CN Rail's stock declining after lowered recommendations and price targets, while Enbridge's shares g...
Read Full Article →Trump announces tariff deals with Japan, Philippines after months of turmoil
The newly established tariff agreements, featuring a 15% rate on key imports like automobiles, are expected to influence trade balances and economic relations between the involved...
Read Full Article →Do you really need to buy a home before baby arrives? These parents say no
Experts suggest that delaying home purchase until after a child’s arrival may better support financial stability, challenging the common belief that buying a house is essential bef...
Read Full Article →Premarket: Wall Street futures lifted by U.S.-Japan trade deal
The agreement between the U.S. and Japan positively influenced investor sentiment, leading to increased trading activity and higher values in both European and Japanese financial m...
Read Full Article →Before the Bell: What every Canadian investor needs to know today
Investors in Canada should pay attention to the early market trends on Wednesday, as these movements may influence trading decisions and impact portfolio performance throughout the...
Read Full Article →How advisors are using CDRs to access foreign stocks with a currency hedge
Canadian depositary receipts introduced in 2021 enable advisors to invest in international equities while managing exchange rate risk through currency hedging strategies.
Read Full Article →ETF market booming with new launches, record flows as investors adapt to volatile markets
Canadian investors directed $55 billion into exchange-traded funds by mid-year, highlighting increased market participation and portfolio diversification amid uncertainties linked...
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