RBC, TD, Scotiabank, BMO, CIBC Earnings Preview: Will Continued High Interest Rates Hit Canada's Banks?
Canada's major banks are about to announce their Q2 financial quarter results. Sustained high interest rates pose challenges to residents' repayment ability. Banks' real estate exposure and credit card risks are the focus of investors' attention. Meanwhile, the recovery in the capital market means that banks' fee income may rebound.
The Week Ahead (NVDA, TD, and PANW Earnings; Canada April CPI and Fed's Minutes)
Earnings Preview: Palo Alto Networks, Nvidia, and Target Set to Report
Everything You Need to Know on Wednesday: Blackberry Joins the Roaring Kitty Rally
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Cathie Wood-Led Ark Invest Continues Shopping For Shopify Stock, Sells $15M Worth Of Jack Dorsey's Block Shares Amid Bitcoin Price Drop
On Tuesday, Cathie Wood's Ark Invest made some significant trades, notably buying shares of Shopify Inc (NYSE:SHOP) and selling off Block Inc (NYSE:SQ) stocks.The Shopify TradeArk Invest's ETFs, inclu
Everything You Need to Know on Tuesday: RBC Poised to Outperform Rivals Due to HSBC Acquisition, Say Analysts
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Everything You Need to Know on Monday: Bank of Montreal Cuts More U.S. Investment Bankers for Cost Savings
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Canadian Stock Series: Enbridge's Oil Pipeline Transportation Surges, Yielding Rich Returns for Shareholders
, a renowned Canadian energy infrastructure company, released its first-quarter financial report on May 10 Eastern Time. Thanks to the exceptional performance of its oil and natural gas pipeline transportation business, the company's adjusted profit for the first quarter was outstanding. As of May 10, the company's stock price h...
Canadian Stock Series: The Downbeat Guidance Sent Shopify Shares Sharply Lower
On May 8,
Canadian Stocks Slip, Amid Declining Oil Price, Dragging Producers Lower
Canadian stocks fell as lower oil prices dragged down the shares of producers of the commodity amid concerns supply could outpace demand.
Everything You Need to Know on Friday: Swaps Data Shows Chances of a BOC Rate Cut in June Drops Below 50%, Following Employment Data
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Express News | Enbridge 1Q Adjusted EPS Beats Estimates
Toronto Stocks Advance as Earnings Season Gathers Pace
Stocks in Toronto were higher on a busy day for financial earnings. Canada's S&P/TSX Composite Index was 0.5% higher at 22379.23 in midday trading, as technology and finance stock
These Analysts Revise Their Forecasts On Shopify After Q1 Results
Shopify Inc (NYSE:SHOP) reported upbeat earnings and sales results for its first quarter on Wednesday.
Toronto Stocks Fall Back; Shopify Shares Drop on Revenue Outlook
Toronto-listed stocks retreated Wednesday as most Canadian sectors push the indexes lower. Consumer durables lost the most in the session, followed by health tech and tech services. Of the few gainers, communications stocks led, followed more distantly by utilities and distribution services.
Everything You Need to Know on Wednesday: Trans Mountain Expected to Enhance Canadian Oil Pricing for the Long Term
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Toronto Stocks Rise; Real Matters Climbs on 2Q Profit, Outlook
Toronto-listed stocks were moderately higher on Tuesday. Most sectors were trending up in the session, led by tech, producer manufacturing and process industries.
Shopify Earnings Preview: Shopify Plus Momentum May Boost Q1, With a Close Eye on Operating Expenses
is scheduled to report its first-quarter earnings for 2024 on May 8, with an expected pre-market release of the financial figures. According to consensus analyst estimates, Shopify is set to deliver an EPS of C$0.11, with a growth of 67% compared to the same period last year, according to Bloomberg.
Why Is Canadian Pacific Kansas City Stock Falling Today?
Canadian Pacific Kansas City Limited (NYSE:CP) reported first-quarter 2024 revenue growth of 55.3% year-over-year to CA$3.52 billion, missing the consensus of CA$3.54 billion.CP reported an operating
Toronto Stocks Retreat; Canadian Pacific Kansas City Down on 1Q Misses
Toronto-listed stocks were firmly lower on Wednesday. Retail sales in Canada unexpectedly edged 0.1% lower in February, led by a drop in trade at gas stations and fuel vendors.
Canada's Stocks Gained as Oil & Gas, Software, Banks Rally
Canada's stocks advanced amid a rally in oil & gas, banks, software, transportation and telecommunication services.