Economy

Economy
Economy

I’m Betting on Brookfield After a 15% Jump in Distributable Earnings Per Share

When it comes to buying high-quality growth stocks on the TSX, few companies give you as much confidence in their long-term potential as Brookfield Corporation (TSX: BN). That’s especially important today, with growing demand for electricity, data centres and other major infrastructure creating opportunities that could last for decades. However, those projects take a tonne

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Economy

CoreWeave stock pressured as bond yields surge after a major Gartner warning

CoreWeave stock is getting pummeled as investors remain concerned about the neocloud industry. It dropped to $65 in the extended session, down by 53% from its highest level this year, erasing billions of dollars in value. With its bond yields soaring, there is a risk that the sell-off may continue. CoreWeave is facing major headwinds

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Economy

The $7,000 TFSA Move Most Canadians Leave Until December

The Tax-Free Savings Account (TFSA) has a habit of becoming a December problem. Suddenly you’re buying gifts, trying to remember where the good wrapping paper went, and wondering whether you’ve used all your contribution room. I’d rather deal with the TFSA part earlier. If the money is already available and I’ve confirmed the room, I’d

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Economy

The bull market just turned four after climbing a wall of worry

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City. Brendan Mcdermid | Reuters Happy birthday to the bull market, which just turned four. Monday marks the fourth anniversary of the current bull market, with the S&P 500 having climbed nearly 120% since its closing low on Oct. 12,

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Economy

Top 3 catalysts for the S&P 500 Index this week: bonds, earnings season, CPI

The S&P 500 Index will be in the spotlight this week as investors react to the upcoming earnings season, US inflation data, and the bond market. It ended last week at 7,811, a few points below its all-time high of 7,845. It remains up by over 13% from its January levels. This article looks at

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Economy

Dividend Income in Retirement: What Could Go Wrong?

Dividend investing is a proven, effective strategy for generating passive income. It can provide retirees with a paycheque to fund everyday expenses. If you’ve built a large enough portfolio, you can potentially live off the dividend income while keeping your principal intact. However, this approach isn’t bulletproof. There are risks you need to protect against.

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Economy

SoundHound stock breaks key support as short interest surges: Is a squeeze coming?

SoundHound stock has plunged to its lowest level since November 2024 as investors continue betting against the voice AI company. It slumped to a low of $5.38 on Friday, down by nearly 80% from its all-time high, a sign that Nvidia’s investment has flopped.  Investors are aggressively betting against SoundHound stock SOUN stock has plunged

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Economy

Canadian Stocks vs. Global ETFs: What New Investors Should Understand

There’s a good reason why Canadian stocks are often the first names new investors consider when they start building a portfolio. Canada has a tonne of high-quality businesses to choose from, and it makes sense to start with companies you already know. However, even if you own several Canadian stocks across different industries, you could

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Economy

Here’s why IREN stock has lost momentum despite its AI cloud pivot

IREN stock has remained under pressure this month as investors have remained cautious of neocloud companies. It dropped to $38.70 on Wednesday, down modestly from the September high of $49.60 and by 50% from its all-time high.  IREN stock has fallen despite strong demand for AI data centers IREN, formerly known as Iris Energy, is

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Economy

Data Centres Need Power, but Higher Rates Change the Math: I’d Watch This TSX Stock

Artificial intelligence (AI) may live in the cloud, but its electricity bill is very much on the ground. The International Energy Agency expects global data-centre electricity consumption to roughly double to 945 terawatt-hours (TWh) by 2030. From 2024 through 2030, demand could grow about 15% annually, more than four times faster than electricity consumption from

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