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More Upward Mobility for TSX
April 07, 2021
Wednesday, April 7, 2021 08:35 AM EST More Upward Mobility for TSX Cogeco, Endeavour in Focus Futures for Canada's main stock index rose on Wednesday as oil prices rose on prospects of a stronger...
Banks Reduce Their Lending To Fossil Fuel Companies
April 07, 2021
The world’s biggest banks reduced their lending to fossil fuel firms by 9% in 2020 because of the pandemic, although funding has still risen over the past five years, a new report shows. The 60 largest...
Coinbase Reports Revenue Increase Ahead Of Direct Listing
April 07, 2021
Wednesday, April 7, 2021 Coinbase Reports Revenue Increase Ahead Of Direct Listing Ahead of its debut on the NASDAQ stock exchange, cryptocurrency exchange Coinbase reported that its first-quarter...
Toronto Home Sales Doubled In March As Demand Continues To Surge
April 07, 2021
Toronto Home Sales Doubled In March As Demand Continues To Surge Canada's largest housing market showed no signs of slowing down in March. Toronto had another month of record sales and price gains in...
California to Re-Open Economy by Mid-June
April 07, 2021
A glimmer of hope on the COVID front. California will fully reopen its economy June 15 as long as it has a sufficient supply of vaccines and hospitalizations are low, Gov. Gavin Newsom announced...
Avoid iQIYI, Consider Alibaba, JD Instead - and Baidu
April 07, 2021
Wednesday, April 7, 2021 Avoid iQIYI, Consider Alibaba, JD Instead - and Baidu At the end of last month, investors dumped the riskiest China-based stocks. iQIYI’s (NASDAQ:IQ) stock collapse is unlikely...
OPEC Is Betting Big On Robust Oil Demand Recovery
April 07, 2021
Wednesday, April 7, 2021 OPEC Is Betting Big On Robust Oil Demand Recovery Last week’s surprise decision from OPEC+ to ease the production cuts by a cumulative 2 million barrels per day (bpd) by July...
Asia Mostly Higher, Hong Kong Stumbles
April 07, 2021
Wednesday, April 7, 2021 Asia Mostly Higher, Hong Kong Stumbles Asia-Pacific markets traded mostly up Wednesday but shares on the Chinese mainland and in Hong Kong lost ground. The Nikkei 225 regained...
TSX Knocks Down More Old Records
April 07, 2021
Wednesday, April 7, 2021 16:27 PM EST TSX Knocks Down More Old Records Couche-Tard, Aphria in Focus Stocks in Toronto stayed afloat till the closing bell Wednesday, on the strength of real-estate and...
Shorters Have Been Profiting by Piling On To These Stocks, Which Company Will Be Next?
April 07, 2021
Wednesday, April 7, 2021 Shorters Have Been Profiting by Piling On To These Stocks, Which Company Will Be Next? DUBAI – Rotten Tomato Stocks - Recently the most intensely short-sold stocks are...
Illinois School District Latest of Many To Sign Contract With This Company For School Bus Safety Technology
April 07, 2021
Wednesday, April 7, 2021 Illinois School District Latest of Many To Sign Contract With This Company For School Bus Safety Technology Investors are taking notice of an announcement by Gatekeeper Systems...
TSX Leaps Yet Again on Recovery Hopes
April 06, 2021
Tuesday, April 6, 2021 11:58 AM EST TSX Leaps Yet Again on Recovery Hopes AutoCanada, Precision Drilling in Focus Canada's main stock index gained on Tuesday, boosted by stronger oil prices as robust...
Cannabis Company To Explore Blockchain Growth Opportunities With New Executive Appointment
April 06, 2021
Tuesday, April 6, 2021 Cannabis Company To Explore Blockchain Growth Opportunities With New Executive Appointment A Vancouver-based micro cap just announced that the company, Vinergy Capital, Inc....
More Gains, Records, at Outset for TSX
April 06, 2021
Tuesday, April 6, 2021 10:34 AM EST More Gains, Records, at Outset for TSX Hudbay, Aphria in Spotlight Equities in Canada’s largest centre gained ground on Tuesday, boosted by stronger oil prices as...
Rotor Rocks on Sarcos Merger
April 06, 2021
Tuesday, April 6, 2021 Rotor Rocks on Sarcos Merger Rotor Acquisition Corp. (NYSE:ROT) rose Tuesday after entering into a merger agreement with Sarcos Corp. Upon closing, the combined company’s common...
USD/CAD - Canadian Dollar Rally Falters
April 06, 2021
The Canadian dollar rally stumbled yesterday, and the currency retreated. USD/CAD probed support in the $1.2510 area yesterday and then retreated steadily, reaching $1.2573 in New York today. Renewed...
Futures Again in Plus Territory
April 06, 2021
Tuesday, April 6, 2021 08:22 AM EST Futures Again in Plus Territory AutoCanada, Toromont in Focus Futures for Canada's main stock index gained on Tuesday, boosted by stronger oil prices as robust...
Google To Stop Using Oracle’s Financial Software
April 06, 2021
Tuesday, April 6, 2021 Google To Stop Using Oracle’s Financial Software Google parent Alphabet (NASDAQ:GOOGL) says it plans to stop using Oracle (NYSE:ORCL) financial software and start using software...
Jeff Bezos Tops Forbes Magazine’s 2021 Billionaires List
April 06, 2021
Forbes magazine’s annual "billionaires list" is out and Amazon founder Jeff Bezos remains in the top spot for the fourth consecutive year with a net worth of $177 billion U.S. Tesla (NASDAQ:TSLA) Chief...
Fintech Company Stripe Expands To The Middle East
April 06, 2021
Tuesday, April 6, 2021 Fintech Company Stripe Expands To The Middle East Private fintech start-up Stripe is expanding to the Middle East with a new office located in Dubai. The online payments company...
Credit Suisse Takes $4.7 Billion U.S. Hit From Archegos Capital Failure
April 06, 2021
Tuesday, April 6, 2021 Credit Suisse Takes $4.7 Billion U.S. Hit From Archegos Capital Failure The fallout from the Archegos Capital scandal continues to impact Credit Suisse (NYSE:CS). The Zurich,...
Oil Prices Plummet 5% As COVID Cases Soar
April 06, 2021
Tuesday, April 6, 2021 Oil Prices Plummet 5% As COVID Cases Soar Oil prices fell sharply on Monday afternoon in one of the worst trading days for the commodity since the day in May 2020 when WTI...
Asia Mixed, RBA Holds Steady on Policy
April 06, 2021
Tuesday, April 6, 2021 Asia Mixed, RBA Holds Steady on Policy Shares in Asia-Pacific were mixed on Tuesday, after major indexes on Wall Street surged to record closing highs overnight stateside. The...
TSX Still in Record Territory
April 06, 2021
Tuesday, April 6, 2021 16:28 PM EST TSX Still in Record Territory Golds, Energy Solid Equities in Toronto proved Tuesday they had not yet run out of steam, amid a continued rally by resource stocks....
Small Cap Rallies On Q1 Results And Further Guidance
April 06, 2021
Tuesday, April 6, 2021 Small Cap Rallies On Q1 Results And Further Guidance Every now and then a little guidance from company executives can go a long way. Following the announcement of the...
TSX Still in Record Country
April 05, 2021
Monday, April 5, 2021 12:01 PM EST TSX Still in Record Country Ballard, Vermilion in Focus Canada's main stock index rose to a record high on Monday, as strong U.S. jobs growth data raised hopes of a...
Should You Dump Air Canada Stock Now That It Has Giving Up on Its Transat Deal?
April 05, 2021
Monday, April 5, 2021 Should You Dump Air Canada Stock Now That It Has Giving Up on Its Transat Deal? Air Canada (TSX:AC) announced on April 2 that it would be walking away from its deal to purchase...
BoC Interest Rate Policy Promises Small Changes
April 05, 2021
BoC Interest Rate Policy Promises Small Changes For a long time now, those in charge of interest-rate policy at central banks worldwide have tended to trust one indicator to guide their decisions:...
Stocks Gain to Begin Week
April 05, 2021
Monday, April 5, 2021 10:29 AM EST Stocks Gain to Begin Week Tesla in Focus Equities in Canada’s largest market rose on Monday, as strong U.S. jobs growth data raised hopes of a global economic...
Amazon Gains After Labour Board Rules on Firings
April 05, 2021
Monday, April 5, 2021 Amazon Gains After Labour Board Rules on Firings The U.S. National Labor Relations Board (NLRB) has decided Amazon.com (NASDAQ:AMZN) illegally retaliated against two of its most...
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