USD / CAD - Canadian dollar firms following BoC ratecut
BoC cuts rates and indicates more cuts to come. - US employment data is in focus - US dollar sank yesterday and is on the ...
Indexes Flag at the End
Equities in Toronto ended Thursday in the red, as resource stocks tended to weigh things down, on the eve of employment numbers’ release on both sides of the border. The TSX Composite Index ...
Be careful chasing stocks while the S&P 500 is above 5,500: BCA
As the S&P 500 ebbs and flows around the 5,500 level, BCA warns against chasing stocks above this level as the winds of recession are picking up pace and the cooling 'AI mania' suggest the end for U.S ...
What is the 2025 outlook for the global economy?
As 2025 approaches, Capital Economics analysts said in a note this week that they expect a modest recovery for most major global economies following a challenging second half of 2024. According to the ...
Vista and Blackstone in talks to buy Smartsheet, shares gain
Smartsheet Inc (NYSE:SMAR), a company specializing in workplace collaboration software, saw its shares surge nearly 7% following reports of a potential acquisition by a consortium that includes Vista ...
Uber, Eli Lilly and 9 other stocks are added to BofA's Top Picks list
Bank of America (NYSE:BAC) updated its "US 1" list of top stock picks, revealing in a note Thursday that it added 11 names in August amidst market volatility. The adjustments reflect changes in ...
Stocks Hold Own by Noon
Canada's main stock index rose on Thursday, supported by mining stocks, while investors digested mixed U.S. labor market data to assess the extent of U.S. interest rate cut later this month. The TSX ...
Crude Prices Shoot 2% Higher
U.S. crude oil rallied 2% on Thursday to trade above $70 per barrel, as OPEC+ delays plans to boost production after prices ...
TSX Takes Gains in First Hour
Canada's main stock index opened higher on Thursday as mining and energy shares rose, while investors parsed through key U.S. labour market data. The TSX Composite Index tacked on 78.3 points to ...
S&P 500 at risk of a deeper pullback over the next 2-6 weeks: Fairlead
Fairlead Strategies is out with a report today that sees potential weaknesses in the U.S. stock market, with the S&P 500 at risk of a deeper pullback in the coming weeks. The research firm, which is ...
Allurion Unveils Safety Report
Allurion Technologies, Inc. (NYSE: ALUR), a company dedicated to ending obesity, today announced the publication of a study on the safety and effectiveness of the Allurion Program in adolescents. In ...
Beyond Meat to Launch New Steak Alternative
Beyond Meat (NASDAQ:BYND) shares gained Thursday, on word the company will introduce a whole-muscle steak alternative as part of its pivot to win over health-conscious consumers. CEO Ethan Brown said ...