Excitement over meme stocks has been effective in helping to send biotech penny stocks on wild moves higher. But as that trend continues to fade, names in this category are going to lean more on company-specific catalysts to move the needle. Those catalysts will include progress and updates reg
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)
One day before Kinder Morgan Inc. (NYSE: KMI) was very likely to shut down its project to expand the Trans Mountain pipeline system, the government of Canada agreed to purchase the existing pipeline system and the expansion project for C$4.5 billion (about US$3.46 billion).
The Canadian government, however, has no intention of owing the pipeline system for the long term. According to Tuesday’s announcement, Canada has agreed to fund the resumption of planning and construction work on the expansion project under a separate federal government recourse credit facility until the transaction....More>>>
After the onset of the Covid-19 pandemic last year, ride-share facilitator Uber (NYSE:UBER) took a major financial hit. UBER stock got slammed – yet, folks who held on for the bumpy ride were rewarded eventually.
The stock market kept rising on Tuesday, with modest gains adding to Monday's rally. The S&P 500 (SNPINDEX:^GSPC) joined the Nasdaq Composite (NASDAQINDEX:^IXIC) at record levels, while the Dow Jones Industrial Average (DJINDICES:^DJI) had to settle for the smallest gain of the major indexe
Real estate investment trusts (REITs) have been stellar performers so far in 2021. The real estate sector's roughly 30% total return (price plus dividends) through the end of August easily beats the 21%-plus return for the S&P 500 Index.
Defis (CURRENCY:XGM) traded 2.9% higher against the dollar during the 24-hour period ending at 22:00 PM Eastern on September 5th. One Defis coin can now be bought for $0.0005 or 0.00000001 BTC on popular exchanges. During the last week, Defis has traded 46.8% lower against the dollar. De