Financial Insights That Matter Hundreds of homes are without power and flood alerts have been issued as Storm Herminia hits Wales. A Met Office alert for heavy rain began at midday Sunday and remains in place until the end of Monday. More than 700 homes were without power in south and west Wales on Sunday […]
CIBC launches its first European Canadian Depositary Receipts (“CDRs”) #CanadaFinance
Financial Insights That Matter Expansion into Europe marks continued evolution of successful CDR platform TORONTO, Jan. 27, 2025 /CNW/ – Today CIBC announced the expansion of its Canadian Depositary Receipts (“CDRs”) platform with the addition of five new “European CDRs”, to be listed on Cboe Canada and available for trading on January 31, 2025, subject […]
Explainer-What is DeepSeek and why is it disrupting the AI sector? #CanadaFinance
Financial Insights That Matter By Eduardo Baptista BEIJING (Reuters) -Chinese startup DeepSeek’s launch of its latest AI models, which it says are on a par or better than industry-leading models in the United States at a fraction of the cost, is threatening to upset the technology world order. The company has attracted attention in global […]
What to Know About Canadian Bank Stocks for 2025 #CanadaFinance
Financial Insights That Matter Source: Getty Images Written by Andrew Button at The Motley Fool Canada Canadian bank stocks are some of the most prominent equities trading on the Toronto Stock Exchange. Two of the biggest TSX Index components by market capitalization are banks, and there are several other banks in the top 20. It […]
Carney Says Canada Can Use Electricity for Leverage If US Starts Trade War #CanadaFinance
Financial Insights That Matter (Bloomberg) — Mark Carney, the former central banker who’s running to lead Canada, said the government should be open to curbing electricity exports to the US if it needs to retaliate against tariffs from the Trump administration. Most Read from Bloomberg “It’s not the first card” to play in a trade […]
What is DeepSeek, the Chinese AI company upending the stock market? #CanadaFinance
Financial Insights That Matter A frenzy over an artificial intelligence chatbot made by Chinese tech startup DeepSeek was upending stock markets Monday and fueling debates over the economic and geopolitical competition between the U.S. and China in developing AI technology. DeepSeek’s AI assistant became the No. 1 downloaded free app on Apple’s iPhone store Monday, […]
Canada Goose Strengthens Executive Team with SVP of Merchandising, Judit Bankus #CanadaFinance
Financial Insights That Matter Judit banks (Photo: Business Wire) Luxury leader to drive long-term merchandising strategy TORONTO, January 28, 2025–(BUSINESS WIRE)–Today, Canada Goose announced Judit Bankus as Senior Vice President of Merchandising. Judit will play a key role in shaping the brand’s product roadmap through a lens of sustainability and innovation, to support the company’s […]
Canadian dollar dips on US trade tariff risk #CanadaFinance
Financial Insights That Matter By Fergal Smith (Reuters) – The Canadian dollar edged lower against its U.S. counterpart on Tuesday ahead of an expected interest rate cut by the Bank of Canada and as the threat of U.S. trade tariffs drew renewed focus, leading to broad-based gains for the American currency. The loonie was trading […]
Nvidia faces a reckoning as Chinese upstart raises questions about Wall Street’s darling #CanadaFinance
Financial Insights That Matter NEW YORK (AP) — The superstar run for Nvidia’s stock the last few years has been astonishing. So was its tumble Monday, which caused $595 billion in wealth to vanish. That’s about as much as PepsiCo, McDonalds, Starbucks and Target are worth, combined. Mostly known only in gaming and crypto circles […]
‘I Want You To Own Tesla. Just Own It’ #CanadaFinance
Financial Insights That Matter We recently compiled a list of the Jim Cramer’s Game Plan: Top 14 Stocks to Watch. In this article, we are going to take a look at where Tesla, Inc. (NASDAQ:TSLA) stands against the other stocks. Jim Cramer, the host of Mad Money, recently shared his thoughts on the upcoming earnings […]