Daily News

Amazon.com Inc. shares collapsed on Friday, with a loss in market value that ranks as one of the worst in Wall Street history after it gave an outlook that was seen as disappointing. The stock sank 14 per cent in its biggest one-day drop since July 2006, w...

Monday, May 2 Notable data: US ISM Manufacturing PMI, US Construction Spending Notable earnings: Cargojet, Nutrien, TMX Group, MEG Energy Tuesday, May 3 Notable data: US Factor Orders Notable earnings: Restaurant Brands, Calfrac Well Serv...

Shopify Inc. faces a wall of worry heading into its earnings release next week. Once a pandemic-era darling, shares in the e-commerce company have plunged nearly 70 per cent this year, the worst performance on Canada’s benchmark index, as a broader tech ro...

Andrew Moffs, senior vice president and portfolio manager, Vision Capital FOCUS: Real estate stocks MARKET OUTLOOK: Investor sentiment has been adversely impacted by the war in Ukraine, escalating geopolitical tensions and resulting in the weaponiz...

U.S. stocks rallied the most in seven weeks on the back of strong earnings, continuing a stretch of volatility that’s gripped markets virtually all year. Tech shares plunged in late trading after Amazon.com Inc.’s results sent its shares down 10 per cent....

West Fraser Timber Co. Ltd. says its net profit soared 64 per cent from a year ago to US$1.09 billion in its latest quarter on higher revenues despite significant transportation and mill challenges in B.C. The Vancouver-based company, which reports in U.S....

The Bank of Canada Museum will reopen on May 12, 2022, after being closed for the past two years due to the COVID-19 pandemic.   Offering a free, fun and interactiv...

U.S. equities rebounded from the worst rout since March, though ended well off session highs as a glut of earnings reports whipsawed sentiment. Dip buyers powered the S&P 500 as much as 1.6 per cent higher before a late-session rally left it higher by just...

Michael Sprung, president, Sprung Investment Management FOCUS: Canadian large cap stocks MARKET OUTLOOK: The war in Ukraine has further highlighted the fragility of the global economy. Supply chain disruptions over the past two years were already c...

One American fund manager said he’s “shocked” more international investment firms aren’t putting their money to work in Canadian stocks, considering their value relative to U.S. equities. “I'm shocked that hedge funds aren’t crawling across the border and,...