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The tech industry has not had a great year in 2022. The tech-heavy U.S. NASDAQ Composite Index is down by 27.6% as of this writing, showing how immense the tech stock downturn has been this year. Canadian tech stocks are pretty much in the same boat, as the overall bear market keeps r...
The stock market has been very volatile in 2022. In fact, that’s probably one of the biggest understatements of the year. However, as of late, some stocks are starting to show signs of a recovery. This is likely happening, because investors are buying stocks again in response to estima...
It’s been a brutal year for the portfolios of new investors, especially those who were drawn into the game by white-hot disruptive tech investments, like Shopify ( TSX:SHOP ), that took the world by storm. Indeed, the brutal bear market of 2022 has shown us all the importance o...
Shopify ( TSX:SHOP ) saw some positive movement for the first time in quite a while in November. The tech stock finally saw upward movement of 14% in just one month. However, it remains down 69% year to date. So, the question is, with this positive movement today, is Shopify stock final...
E-commerce stocks are out of favour this year. After high-profile earnings misses by Amazon and others, the entire sector took a beating. In 2020, e-commerce companies had a very good run. The COVID-19 pandemic forced retail stores to shut down, resulting in more people shopping online. That ...
The ongoing bear market has been the defining characteristic for equity investors in 2022. It has been the worst downturn for Bay Street in more than a decade, with growth stocks trading significantly below all-time highs. The tech-heavy Nasdaq Composite index is currently trading 31% bel...
Any time Canadian stocks are reporting earnings, investors watch closely. It’s important to get a look into how the company has been performing but also any clues into how it may perform in the future. And this year, earnings reports have been especially important to watch. With such a...
Internet, Everywhere--(Newsfile Corp. - November 29, 2022) - Shopify Inc (NYSE, TSX: SHOP), a provider of essential internet infrastructure for commerce, announced today a record-setting Black Friday Cyber Monday weekend, with sales of $ 7.5 billion* from independent businesses worldwide. T...
Shopify ( TSX:SHOP ) stock finally saw some positive movement on Monday after the tech stock reported another record-breaking Black Friday. Shopify stock shares jumped 7% on Monday after the company announced Black Friday sales by merchants rose 17% compared to 2021 levels. ...
It’s been shown many times that the stock market can generate greater gains than any other investment vehicle over the long run. However, during bear markets and recessions, investors often become very hesitant to invest in the stock market. That’s unfortunate because it...
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2024-07-29 16:50:00 ET It is difficult to time the market. However, you can buy stocks that show promise of growth when the headwinds subside and business returns to normalcy. You could consider seasonal stocks without hesitation, as they tend to repeat their trends. Or you could consider ...
2024-07-26 16:40:00 ET Investing in artificial intelligence (AI) is a forward-thinking strategy that has the potential to yield substantial long-term rewards. And it’s not just in the United States. The TSX today offers a range of AI-related stocks that can be promising for investors...
2024-07-26 15:30:00 ET Shares of Shopify ( TSX:SHOP ) got pummelled on an awful Wednesday for the broader tech markets. Undoubtedly, it wasn’t just a bad day for markets; it was a bloodbath, especially for the biggest semiconductor winners of the first half of 2024. Mega-cap ...