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Rackspace Staggers on Latest Figures
February 19, 2021
Friday, February 19, 2021 Rackspace Staggers on Latest Figures Rackspace Technology, Inc. (NASDAQ: RXT) saw its share prices drop significantly on releasing results for its fourth quarter and year...
Uber Defeated in U.K. Court
February 19, 2021
Friday, February 19, 2021 Uber Defeated in U.K. Court Uber (NYSE:UBER) lost a crucial legal fight in the U.K. on Friday as the country’s Supreme Court upheld a ruling that its drivers are workers, not...
Stocks in Play: Stevens Gold Nevada Inc.
February 19, 2021
Friday, February 19, 2021 09:05 AM EST - Stevens Gold Nevada Inc. : Announced results from the data mining of historic geophysical and soil geochemical surveys on the optioned Millennium Gold Property....
Congress Just Introduced H.R. 841 to Legalize Hemp CBD Supplements
February 19, 2021
Friday, February 19, 2021 Congress Just Introduced H.R. 841 to Legalize Hemp CBD Supplements The global hemp market generated $4.9 billion in 2019, and could reach $18.6 billion with a CAGR of 22.4% by...
Downward Day in Store for Stocks
February 19, 2021
Friday, February 19, 2021 08:34 AM EST Downward Day in Store for Stocks Magna, Canadian Tire in Focus Stocks futures in Canada’s largest market fell on Friday as oil prices dipped, and marked their...
Oil Prices Retreat As Deadly Winter Storm Moves East
February 19, 2021
Friday, February 19, 2021 Oil Prices Retreat As Deadly Winter Storm Moves East Oil prices gave up earlier gains to trade lower just after noon on Thursday, while the severe winter storms continued to...
Oil Is Hot Again, But For How Long?
February 19, 2021
Friday, February 19, 2021 Oil Is Hot Again, But For How Long? From the pariah of industries last year, energy has become a Wall Street darling once again. In the year to date, energy has gained 17...
The Top Reasons Gold Prices Could Run to $2500 in 2021
February 19, 2021
Friday, February 19, 2021 The Top Reasons Gold Prices Could Run to $2500 in 2021 The same catalysts that sent gold slightly above $2,089 are still in place. For one, there’s still a considerable amount...
Gold Punished as Bond Yields Firm
February 19, 2021
Friday, February 19, 2021 Gold Punished as Bond Yields Firm Gold prices fell to their lowest in nearly three months on Friday and headed for their worst week since end-November, as recent strength in...
WestJet Airlines Suspends More Domestic Flights As Travel Restrictions Tighten
February 19, 2021
Friday, February 19, 2021 WestJet Airlines Suspends More Domestic Flights As Travel Restrictions Tighten WestJet Airlines (TSX:WJA) is suspending flights to more Canadian cities. Canada’s second...
Lumber Prices Reach All-Time High
February 19, 2021
Lumber Prices Reach All-Time High The home-renovation boom is pushing lumber prices to record highs. Lumber futures climbed to a record $1,004.90 U.S. per 1,000 board feet, rising for the eighth...
Why I’m On the Sidelines with Most Tech Right Now
February 19, 2021
Friday, February 19, 2021 Why I’m On the Sidelines with Most Tech Right Now One of Canada’s top high-flying tech superstars, shares of Shopify Inc. (TSX:SHOP)(NYSE:SHOP) have been on an absolute roll...
Canadian Tire To Shutter ‘National Sports’ Outlets
February 19, 2021
Friday, February 19, 2021 Canadian Tire To Shutter ‘National Sports’ Outlets Canadian Tire Corp. (TSX:CTC.A) is closing all its National Sports stores to reduce overlap in the company's sporting goods...
Asia-Pacific Mixed as Oil Prices Slump
February 19, 2021
Friday, February 19, 2021 Asia-Pacific Mixed as Oil Prices Slump Stocks in Asia-Pacific were mixed on Friday following overnight declines for the major indexes on Wall Street. In Japan, the Nikkei 225...
Why This Company Represents Interesting Value on Insider Activity
February 19, 2021
Friday, February 19, 2021 Why This Company Represents Interesting Value on Insider Activity The energy sector is one which continues to be broadly out of favour with investor right now. As such,...
Bitcoin Hits $Trillion Mark in Value
February 19, 2021
The price of bitcoin crossed another major milestone Friday, as the cryptocurrency’s market value surpassed $1 trillion, according to Coindesk. The digital currency was reportedly trading at just under...
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Markets Punished
February 18, 2021
Thursday, February 18, 2021 12:19 PM EST Markets Punished Aphria, Canfor in Focus Canada's main stock index fell on Thursday as a jump in monthly jobless claims raised concerns over the country's...
New Housing Prices Muscle up in January
February 18, 2021
New Housing Prices Muscle up in January Statistics Canada told Canadians the housing market remained a hot one last month. The agency declared new home prices rose at their fastest pace since October,...
Stocks in Play: MAV Beauty Brands Inc.
February 18, 2021
Thursday, February 18, 2021 10:02 AM EST - MAV Beauty Brands Inc. : Provided preliminary financial highlights for the three months ended December 31, 2020. Based on preliminary results for the fourth...
Brightcove Up Sharply on Q4 Figures
February 18, 2021
Thursday, February 18, 2021 Brightcove Up Sharply on Q4 Figures Brightcove (NASDAQ:BCOV) stock increased on the release Wednesday of financial numbers. Revenue for the fourth quarter of 2020 was $53.7...
Twilio Gets Boost from Earnings
February 18, 2021
Thursday, February 18, 2021 Twilio Gets Boost from Earnings Twilio (NYSE:TWLO) stock increased on the release of Q4 financial figures. Revenue was $548.1 million for the fourth quarter of 2020, up 65%...
Newmont Flat on Q4 Earnings Beat
February 18, 2021
Thursday, February 18, 2021 Newmont Flat on Q4 Earnings Beat Newmont Corporation (NYSE:NEM) saw its shares barely move Thursday on the company’s fourth-quarter earnings beat, though revenues suffered....
Unexpected Gain for U.S. Jobless Claims
February 18, 2021
Numbers released Thursday by the U.S. Labor Department show first-time filings for unemployment insurance jumped last week in a sign of continuing strife for the labour market. New claims totaled...
Biden’s Energy Plans Threaten Alaska’s Oil Ambitions
February 18, 2021
Thursday, February 18, 2021 Biden’s Energy Plans Threaten Alaska’s Oil Ambitions The new energy policies brought forward by the Biden administration in the US are set to rock the country’s oil and gas...
Stocks to Start Day on Wrong Foot
February 18, 2021
Thursday, February 18, 2021 08:33 AM EST Stocks to Start Day on Wrong Foot Barrick, Teck in Focus Futures for Canada's main stock index fell on Thursday as slower rollouts of coronavirus vaccines...
Could the Federal Government Help Legalize Psychedelics?
February 18, 2021
Thursday, February 18, 2021 Could the Federal Government Help Legalize Psychedelics? Psychedelics are going mainstream. Not only is the US FDA supportive of research, dozens of medical studies are...
Can Venezuela Rebuild Its Crushed Downstream Sector?
February 18, 2021
Thursday, February 18, 2021 Can Venezuela Rebuild Its Crushed Downstream Sector? U.S. President Biden’s assumption of power has instilled a new sense of hope in Venezuela’s political leadership, with...
Shopify Shares Dip After Company Warns Of Slowing Growth
February 18, 2021
Thursday, February 18, 2021 Shopify Shares Dip After Company Warns Of Slowing Growth Shares of Canadian e-commerce giant Shopify (TSX:SHOP) are slumping after the company warned that its growth rate...
Cannabis Producer Tilray Reports First Quarterly Profit
February 18, 2021
Thursday, February 18, 2021 Cannabis Producer Tilray Reports First Quarterly Profit Shares of Tilray Inc. (NASDAQ:TLRY) were up as much as 10% in pre-market trading after the cannabis producer reported...
The Couche-Tard Is a Great Value Pick Right Now
February 18, 2021
Thursday, February 18, 2021 The Couche-Tard Is a Great Value Pick Right Now With valuations at eye-watering levels, many value investors may remain content with standing pat on the sidelines, and...
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