Daily News

Source: Financialpost November 29, 2023

Elon Musk's Cybertruck is already a production nightmare for Tesla

Musk says Tesla is digging its own grave with the Cybertruck, full of 'a lot of bells and whistles'The Cybertruck hasn’t even hit the market yet, and Elon Musk already is lamenting that Tesla Inc. has dug its own grave. We apologize, but this video ha...

Source: BNN Bloomberg November 28, 2023

Markets today: Treasuries extend blockbuster rally on Fed wagers

Treasuries extended their powerful November advance as traders weighed mixed US government debt sales amid bets the Federal Reserve is done with interest-rate hikes. A US$55 billion auction of five-year bonds saw strong demand, following a soft $54 billion...

Source: BNN Bloomberg November 28, 2023

Banks set to report earnings strained by economic slowdown

Signs of economic slowdown are growing, and Canadian banks could add more evidence this upcoming week. The Big Six banks are set to report fourth quarter results that analysts expect to show lower earnings, more money set aside to cover bad loans, and hint...

Source: BNN Bloomberg November 28, 2023

Are Canadian banks a buy? Expert weighs in ahead of earnings

Canadian bank stocks have underwhelmed investors for the past few years but an investment expert still sees some opportunities in the sector. Analyst are forecasting that major banks will report on a lacklustre a fourth quarter this week, but Allan Small,...

Market Call Source: BNN Bloomberg November 28, 2023

Jeff Parent's Top Picks: November 27, 2023

Jeff Parent, chief investment officer and portfolio manager, Castlemoore FOCUS: Technical analysis  MARKET OUTLOOK: We may be noticing the final turning points in interest rates. Rising long-term yields lost their momentum earlier this month and pe...

Source: BNN Bloomberg November 28, 2023

Take-privates in Canada outnumber IPOs as market treads water

A meandering benchmark index and a slew of companies going private have left Canada’s capital markets in a precarious position. The number of companies leaving the country’s public markets has exceeded new ones joining. In 2023, 19 publicly listed Canadian...

Source: BNN Bloomberg November 28, 2023

Which REITs are performing well? An expert shares his views

A heightened interest rate environment has weighed on real estate stocks, but investors who know where to look within the sector will be rewarded, according to one expert.   The fallout from the pandemic shift to hybrid and remote work arrangements has left...

Source: BNN Bloomberg November 28, 2023

TSX recap: Index dips 0.35% on economic concern

Canada's main stock index closed down moderately Monday along with U.S. markets as investors stuck to a cautious outlook on the economy. The S&P/TSX Composite Index ended down 70.45 points, or 0.35 per cent, at 20,032.66, led by declines in energy and base...

Source: Bankofcanada November 28, 2023

Moving money with confidence: Canada’s new regime for retail payments supervision

Introduction Good afternoon. And thank you for inviting me to join you today. I’m curious. With a show of hands, tell me, how many of you have already...

Source: Financialpost November 28, 2023

Take-privates in Canada outnumber IPOs, wipe billions off TSX as market treads water

A meandering benchmark index and a slew of companies going private have left Canada’s capital markets in a precarious positionA meandering benchmark index and a slew of companies going private have left Canada’s capital markets in a precarious position....