TSX Catches Fire on Prospect of More Rate Cuts
The prospect of more, and more major, interest rate cuts stimulated stock markets Wednesday, with Toronto indexes taking ...
Aftermath, Blackrock, Dynacor at 52-Week Highs on News
Aftermath Silver Ltd. (V.AAG) hit a new 52-week high of 53 cents Wednesday. Aftermath provided an update on recent ...
TSX at New Peak on BOC Optimism
Canada's main stock index hit a record high on Wednesday in a broad-based rally, as investors remained optimistic about the possible outsized interest rate cut by the Bank of Canada next week. The TSX ...
Ulta Shares Falter on Changing Industry
Ulta Beauty (NASDAQ:ULTA) shares slumped on Wednesday morning, as the company said it sees “headwinds” and tougher competition in the beauty industry. As it hosted its investor day near its Chicago ...
GM to Invest in EV Raw Materials
General Motors (NYSE:GM) has agreed to establish a joint venture with Lithium Americas Corp. (T.LAC) that includes the automaker supplying $625 million U.S. in cash and credit to the Canadian mining ...
U.S. Crude Selloff Continues
U.S. crude futures declined Wednesday to trade below $71.00 per barrel, after selling off sharply in the previous session on reports that Israel will not attack Iran’s oil facilities. The U.S.
Aspen Aerogels stock jumps on DOE loan commitment for new plant
Aspen Aerogels shares surged more than 13% Wednesday following the announcement of a major funding development and strong preliminary Q3 2024 results. The company revealed it had secured a conditional ...
Cisco Systems upgraded to "Buy" at Citi as analysts see larger AI opportunity
Analysts at Citi have upgraded their rating of Cisco Systems (NASDAQ:CSCO) to "Buy" from "Neutral", citing a larger potential impact from the network equipment maker's artificial intelligence ...
CoinDesk Buys Crypto Data Provider As It Grows Digital Index
CoinDesk, which is known for its website that provides news on the cryptocurrency industry, has purchased crypto data provider CCData and its retail arm CryptoCompare. The acquisitions come as ...
More Tax-Loss Selling Stocks to Consider
Investors may get ahead of mutual funds booking their tax-loss selling with the October 31, 2024 year-end approaching. In the ...
Morgan Stanley’s Financial Results Beat On Top And Bottom Lines
U.S. investment bank Morgan Stanley (MS) has reported third-quarter financial results that beat analysts’ consensus forecasts ...
New High for TSX Wednesday
Canada's main stock index hit a record high on Wednesday, lifted by mining stocks, as investors assessed domestic economic data and quarterly earnings from major banks in the United States. The TSX ...