Alberta’s referendum supplied investors with a large political headline and a strong reminder to read the wording underneath it. Early reporting put support for remaining in Canada at roughly 76%. Reduced political uncertainty can improve sentiment, but doesn’t change the selling price of natural gas or pay for a producer’s next processing facility. For Alberta
The gold price extended its sharp downward trend, falling to its lowest level since July last year as inflation concerns intensified. The precious metal dropped to $3,995, about 29% below this year’s peak, and formed a death cross pattern, which points to further downside in the near term. Gold price sinks as crude oil soars
The big data centre buildout has taken a U-turn amidst growing concerns around hyperscalers’ binge borrowing. While there were many warning signs, Meta Platforms’ (NASDAQ: META) plans to create a new class of non-voting shares to fund artificial intelligence (AI) investments triggered a sell-off in AI stocks. While AI investments are showing revenue and profits,
The FTSE 100 Index has pulled back over the past few days, falling from this month’s high of 10,891 to its current level of 10,670. The retreat continued this week as top companies like Barclays released their earnings and crude oil prices jumped. This article looks at some of the top Footsie shares to watch
It’s been quite a while since Telus (TSX: T) reduced its payout, and things haven’t gotten a lot better over the past year, with the shares collapsing another 44%. Indeed, I never thought that the former telecom titan and dividend darling would have a realistic shot at plunging to the single digits. But with the
Nebius and CoreWeave stocks have sold off this month as investors have remained concerned about the AI bubble. CoreWeave has slumped by over 60% from its peak, erasing billions of dollars in value. Similarly, Nebius and other top neocloud companies like IREN, RUM Group, and RIOT platforms have slumped. Ken Griffin warns of an AI
One of the first things that investors get drawn to when looking at a dividend stock is a high dividend yield. At first glance, that makes sense. It makes an income goal much easier to reach. If a $10,000 investment is pulling in $1,000 thanks to a 10% yield, that is more appealing than the
The Kospi Composite Index continued its strong sell-off last week as jitters surrounding the artificial intelligence (AI) escalated. It dropped to 5,463 points last week, down by nearly 40% from its highest point this year. Technicals suggest that this sell-off may continue as a death cross pattern nears. Kospi Index slumps as AI jitters continue
Picture a 25-year-old in Torontonian with her first paycheque, who wants to invest in the stock market. She opens her laptop, asks ChatGPT for recommendations, gets a dozen platform options, and soon closes all the tabs. Opening a brokerage account for new Canadian stock market investors can be overwhelming, as you need to consider several
Trump Media stock continued its strong downward trend, reaching its lowest level on record as headwinds jumped. DJT fell to $6.9, down by 60% from its highest point this year and 33% below its highest point in August. This sell-off may continue as the company faces some major headwinds. Trump Media is facing headwinds DJT