Making sense of the markets this week: May 5, 2024
Amazon and Apple surprise to upside, oil sands welcome Trans Mountain, fast food’s mixed results, and Cameco slips.
Stocks
Canadian cannabis stocks spike as U.S. reportedly set to reclassify marijuana
The U.S. Drug Enforcement Agency will move to reclassify marijuana as a less dangerous drug.
As TMX enables record oil output, First Nations hope for new chapter
The opening of the Trans Mountain pipeline extension on May 1 could mean opportunities for Indigenous communities.
Making sense of the markets this week: April 28, 2024
Google to the moon, Meta, IBM, and Canadian railway stocks are down, automakers have a good earnings day, Verizon...
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PepsiCo beats Q1 revenue forecasts as price increases
Food and beverage company expects organic growth of 4% in 2024.
GM reports first-quarter earnings for 2024
General Motors reports strong first-quarter profits as prices help offset small U.S. sales dip.
A closer look at “Sell in May and go away”
A pattern in the markets works—until it doesn’t. Investors will be better off focusing on the fundamentals.
Making sense of the markets this week: April 21, 2024
Capital gains tax inclusion rate will increase (for some), Netflix chills, U.S. bank earnings solid, and will the loonie...
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How will the changes to capital gains in Canada affect tech sector?
Tech industry warns that the budget's capital gains proposals could cause “irreparable harm.”