Thursday’s Trades Include Temu, Hertz, and AMD
The relentless tariff hikes that the U.S. is imposing on China are only one of many major headwinds. The U.S. is limiting Nvidia (NVDA) chip sales to China…
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Hertz Stock Skyrockets 56% As Investor Bill Ackman Buys Stake
The stock of Hertz Global (HTZ) rose 56% on news that activist investor Bill Ackman has taken a stake in the troubled car rental company. Bill Ackman is…
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Fed Chair Powell Says Tariffs Complicate U.S. Central Bank’s Outlook
Federal Reserve Chair Jerome Powell says U.S. import tariffs and trade wars have complicated the outlook for both inflation and economic growth this year. Speaking to the…
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China Sources More Oil From Canada As Relations With U.S. Sour
Chinese refiners are importing record amounts of Canadian crude oil after slashing their purchases of U.S. energy products by 90% amid an escalating trade war. America’s loss…
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American Express Posts Strong Results As Cardmembers Keep Spending
Credit card giant American Express (AXP) has reported strong financial results for this year’s first quarter as its largely affluent cardholders continue spending at a brisk pace. The…
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USD / CAD – Canadian dollar rallies after BoC pauses
– BoC left rates unchanged, and Loonie rallied – Fed Chair Powell fears higher inflation. – US trading defensively in narrow ranges USDCAD: open 1.3892, overnight range 1.3855-1.3897, close 1.3858,…
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TSX Set for Best Week in 7 Months
Energy stocks led Canada’s main stock index higher on Thursday, as investors took stock of U.S.-Japan trade negotiations, although sentiment remained fragile amid tariff uncertainties. The TSX…
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S&P Tries to Fire Rebound Rally
The S&P 500 oscillated on Thursday, the last trading day of the week, as pressure on tech names persisted while UnitedHealth shares nosedived. The Dow Jones Industrials crumbled 408.76 points,…
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This Could be a Game-Changer for Artificial Intelligence
Investors should pay close attention to next-generation intelligent software companies, like VERSES AI (CBOE: VERS) (OTCQB: VRSSF). With an application to uplist shares on the Nasdaq Capital Market,…
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Soma Gold Hits 52-Week High on Corporate Update
Soma Gold Corp. (V.SOMA) hit a new 52-week high of $39.98 Thursday. Soma provided a corporate update on several initiatives currently underway. During the first quarter of 2025,…
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