Stocks pulled back from record highs Tuesday, with all three major U.S. indexes down over 1% through early afternoon trading. The drop followed the release of disappointing July retail figures, with sales down 1.1% from June. Headlines point to Delta variant concerns, but restaurants and b
Dogecoin (CRYPTO: DOGE) investors should soon expect to dive in for another major downturn. What Happened: According to a recent AMBCrypto technical analysis, Dogecoin's price rested on support located in the $0.28 area and its 12-hour 200-candle simple moving average.
On Thursday, Canadian marijuana company HEXO (NYSE:HEXO) announced yet another flotation of new securities to bolster its finances. The company’s stock price soon went in the expected direction — down, that is, by nearly 6% on the day.
In Thursday’s pronouncement, HEXO said that it would issue equity “units” to investors. This is a common instrument of capital-seeking marijuana companies. Usually, one unit is a package comprising the company’s stock and a warrant thrown in as a sweetener.
Shares of Canadian electric bus manufacturer Lion Electric (NYSE:LEV), which recently went public through a special purpose acquisition company, roared 7% higher through Tuesday’s close.
After the close of trading on Monday, investment bank CIBC initiated coverage of Lion Electric with an outperformer rating and a $20 price target that implies the stock could nearly double over the next year.
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Top Canadian Stocks To Invest In Right Now: NEW GOLD INC.(NGD)
New Gold Inc. engages in the acquisition, exploration, extraction,....More>>>
Imperial Oil Limited (IMO Quick QuoteIMO ) recently announced that it is on track to build an international-level renewable diesel facility at its Strathcona refinery close to Edmonton, Alberta.
From locally-produced and cultivated feedstocks, this new complex is set to produce more than 1 billion litres of renewable diesel fuel, annually. The project is intended to reduce emissions in the Canadian transportation industry by around 3 million tons a year, which is equivalent to removing almost 650,000 passenger vehicles from the road for a year.
Hong Kong’s economy continues to defy gravity, for now.
The world’s least-affordable property prices continue to hold up, tourism and shopping have rebounded as China’s economy hums along, and a bustling stock market that’s set to boast one of the world’s-biggest stock offerings this year is buoying sentiment.
Data Friday is expected to show the Asian financial hub grew 3.4 percent from a year earlier in the first quarter. But that may be as good as it gets.
The gradual tightening of policy by the U.S. Federal Reserve is starting to bite,....More>>>
MongoDB earnings for the company’s fiscal fourth quarter of 2019 have MDB stock flying high on Thursday.
MongoDB (NASDAQ:MDB) starts off the earnings report for its fiscal fourth quarter of 2019 with losses per share of 26 cents. This is an improvement over the company’s losses per share of 40 cents from the same time last year. It was also a boon to MDB stock by beating out Wall Street’s losses per share estimate of 38 cents for the quarter.
Top Canadian Stocks For 2021: Sensata Technologies Holding N.V.(ST)
Fuel-cell stock Plug Power (NASDAQ:PLUG) opened Tuesday on a positive note, gaining 2.8% within the first 20 minutes of trading. Despite slipping into negative territory soon after, the hydrogen fuel stock bounced back and was up 2.3% as of 3:30 p.m. EDT.
Shares of MicroStrategy (NASDAQ:MSTR), a technology company that's betting big on popular cryptocurrency Bitcoin (CRYPTO:BTC), tumbled this week. MicroStrategy stock was sitting at $640 per share as of Thursday's close -- roughly 10% lower than where it started the week. And the reason is quite