Earnings Preview
This week, investors should pay attention to the earnings reports from $Gitlab(GTLB.US)$and$CrowdStrike(CRWD.US)$.
GitLab will report on Monday. Investors are waiting to see how the company will perform because some in the enterprise software sector see issues with sales.
Tuesday will bring quarterly results from CrowdStrike. The company's stock has continued to outperform, driven by its lightweight-a...
This week, investors should pay attention to the earnings reports from $Gitlab(GTLB.US)$and$CrowdStrike(CRWD.US)$.
GitLab will report on Monday. Investors are waiting to see how the company will perform because some in the enterprise software sector see issues with sales.
Tuesday will bring quarterly results from CrowdStrike. The company's stock has continued to outperform, driven by its lightweight-a...
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Canada's most prominent banks have just closed the books on their second-quarter earnings. Amidst concerns about high borrowing costs and a slowdown in economic growth, the Big Five— $Royal Bank of Canada(RY.CA$, $The Toronto-Dominion Bank(TD.CA$, $Bank of Nova Scotia(BNS.CA$, $Bank of Montreal(BMO.CA$, and $Canadian Imperial Bank of Commerce(CM.CA$ —have shown remarkable resilience.
The past year has been a rollercoa...
The past year has been a rollercoa...
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$Royal Bank of Canada(RY.CA)$ (RBC) released its financial report for the second quarter of the 2024 fiscal year on May 30th, 2024, Eastern Time. Driven by the growth in banking and capital market business revenue, the company's overall performance was commendable.
According to financial data, RBC's net revenue reached CAD 14.154 billion in this quarter, a year-on-year increase of 4.69%; interest income was CAD 29.95 billion, a...
According to financial data, RBC's net revenue reached CAD 14.154 billion in this quarter, a year-on-year increase of 4.69%; interest income was CAD 29.95 billion, a...
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Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,312.10, up 0.32%
● Royal Bank delivers a solid quarter
● Canadian Imperial Bank of Commerce beats Q2 estimates, maintains quarterly dividend
● Canada's inflation not expected to follow U.S. spike
Macro
Canada's Inflation Not Expected to Follow U.S. Spike
The U.S. economy's recent boost, led...
● S&P/TSX 60 Index Standard Futures are trading at 1,312.10, up 0.32%
● Royal Bank delivers a solid quarter
● Canadian Imperial Bank of Commerce beats Q2 estimates, maintains quarterly dividend
● Canada's inflation not expected to follow U.S. spike
Macro
Canada's Inflation Not Expected to Follow U.S. Spike
The U.S. economy's recent boost, led...
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ColumnsEverything You Need to Know on Wednesday: Bank of Montreal Raises Dividend Despite Earnings Miss
Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,322.30, down 0.57%
● BMO notes "separation anxiety" between Bank of Canada, Federal Reserve
● Bank of Montreal raises dividend despite earnings miss
● National Bank of Canada reports $906m profit in Q2, increases dividend to $1.10 per share
● Fitch downgrades TD bank's outlo...
● S&P/TSX 60 Index Standard Futures are trading at 1,322.30, down 0.57%
● BMO notes "separation anxiety" between Bank of Canada, Federal Reserve
● Bank of Montreal raises dividend despite earnings miss
● National Bank of Canada reports $906m profit in Q2, increases dividend to $1.10 per share
● Fitch downgrades TD bank's outlo...
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ColumnsRBC Earnings Preview: HSBC Addition Accretive, Credit Costs and Safe Dividend in the Spotlight
$Royal Bank of Canada(RY.CA$ is scheduled to announce Q2 earnings results on Thursday, May 30th, before market open. Royal Bank of Canada may show core loan and deposit growth challenges, reflecting weaker macroeconomic conditions. However, the safe and growing dividend of the RBC is one of the features that is attractive to investors.
Consensus Estimates
• RBC is expected to post quarterly earnings of...
Consensus Estimates
• RBC is expected to post quarterly earnings of...
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Hello mooers! Check out the latest market dynamics of the metals and mining industry over the past week.
•Base metals: Copper pullback from record high
•Precious metals: Gold prices dropped on hawkish Fed, US data
•Bulk commodity: Iron ore prices climbed to 3-month high on China's support measures
Spot Price Snapshot
Key Price Moves
Iron ore futures surged to a three-month high...
•Base metals: Copper pullback from record high
•Precious metals: Gold prices dropped on hawkish Fed, US data
•Bulk commodity: Iron ore prices climbed to 3-month high on China's support measures
Spot Price Snapshot
Key Price Moves
Iron ore futures surged to a three-month high...
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Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,340.80, up 0.25%
● Lululemon sinks to worst performance in S&P 500 amid increasing outlook concerns
● Oil moves higher in holiday trade as the driving season begins amid demand concerns
● Lululemon sinks to worst performance in S&P 500 amid increasing ...
● S&P/TSX 60 Index Standard Futures are trading at 1,340.80, up 0.25%
● Lululemon sinks to worst performance in S&P 500 amid increasing outlook concerns
● Oil moves higher in holiday trade as the driving season begins amid demand concerns
● Lululemon sinks to worst performance in S&P 500 amid increasing ...
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Earnings Preview
Several of Canada's largest banks report earnings over the rest of the month, including $Bank of Montreal(BMO.CA$ , $Bank of Nova Scotia(BNS.CA$ , $Canadian Imperial Bank of Commerce(CM.CA$ , and $Royal Bank of Canada(RY.CA$.
Bank of America Securities analysts maintained "buy" ratings on the stocks of Bank of Montreal and Royal Bank of Canada (RBC), with "neutral" ratings on TD, Bank of Nova Sc...
Several of Canada's largest banks report earnings over the rest of the month, including $Bank of Montreal(BMO.CA$ , $Bank of Nova Scotia(BNS.CA$ , $Canadian Imperial Bank of Commerce(CM.CA$ , and $Royal Bank of Canada(RY.CA$.
Bank of America Securities analysts maintained "buy" ratings on the stocks of Bank of Montreal and Royal Bank of Canada (RBC), with "neutral" ratings on TD, Bank of Nova Sc...
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Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,332.40, up 0.18%
● Canada retail sales fell 0.2% in March, seen recovered in April
● Bull market 'still very young,' driven by strong earnings: Carson Group strategist
● Bond market signals rate cut from BOC by july: Analyst
● TD bank's 2Q beat not enough to shake off ...
● S&P/TSX 60 Index Standard Futures are trading at 1,332.40, up 0.18%
● Canada retail sales fell 0.2% in March, seen recovered in April
● Bull market 'still very young,' driven by strong earnings: Carson Group strategist
● Bond market signals rate cut from BOC by july: Analyst
● TD bank's 2Q beat not enough to shake off ...
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