BayStreet8h
Stocks Push Higher
Equities in Canada’s largest centre continued their win streak Wednesday, as tech strength overcame diffidence in other resources. The TSX climbed 66.01 points to conclude Wednesday at 24,989.02, a ...
Oil Bounces Back After OPEC's Gloomy Forecast
Petroleum prioces rebounded on Wednesday on short-covering after prices fell near a two-week low in the prior session on OPEC’s demand forecast cut, while the dollar hit a seven-month high, capping ...
TSX Powers Higher by Noon
Equities in Toronto kept their heads above water at noon hour Wednesday, taking in some of the good vibes from U.S. inflation data. The TSX forged ahead 22.21 points to move into Wednesday afternoon ...
USD / CAD - Canadian dollar steady into US inflation data
US October CPI expected unchanged at 0.2% m/m - Global markets treading cautiously in wake of Trump re-election. - US dollar ...
BayStreet14h
Tesla Issues Sixth Recall Of Cybertruck This Year
Electric vehicle maker Tesla (TSLA) has issued its sixth recall this year for its Cybertruck, this time due to a loss of ...
Super Micro Computer Delays Earnings Filing With The SEC
Embattled technology company Super Micro Computer (SMCI) has said it needs more time to file with regulators its 10-Q form for earnings in the quarter ended Sept. 30. The company, which makes ...
Stocks to Watch: Magna, BioNTech, and Ubiquiti
The recession in the automotive industry is in its early phases. This is already hurting the prospects of parts suppliers, such as Magna International (MGA), Advance Auto Parts (AAP), and Aptiv (APTV) ...
Two Value Traps: BCE and Alibaba
When BCE (BCE) unexpectedly announced that would spend its MLSE proceeds to buy Ziply Fiber, shares fell sharply. The common ...
Spotify’s Stock Rises 6% On Strong Guidance
Shares of Spotify (SPOT) are up 6% after the audio-streaming giant issued strong guidance for the current fourth quarter of ...
Fed Reinforces Rate Cut Hopes, TSX at New High
Canada's main stock index opened higher on Wednesday, helped by energy shares, after the U.S. inflation data reinforced expectations for a Federal Reserve interest-rate cut next month. The TSX forged ...
BayStreet14h
Rocket Lab’s Stock Surges 36% As Revenue Growth Accelerates
Shares of Rocket Lab USA (RKLB) are up 36% after the aerospace company reported strong third-quarter revenue growth and announced a customer for its newest rocket. Rocket Lab reported a Q3 earnings ...
Ottawa Imposes Binding Arbitration To End Work Stoppages At Canada’s Ports
Canada’s federal government in Ottawa has imposed binding arbitration to end work stoppages at ports in British Columbia and ...