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2023-05-09 11:00:00 ET After significantly underperforming in 2022, shares from the technology sector marked a rebound in 2023, reflecting the easing of inflation. Despite the recovery, TSX tech stocks like Shopify ( TSX:SHOP ) and Lightspeed ( TSX:LSPD ) continue to tra...
2023-05-08 16:45:00 ET Canada has become one of the top tech producers over the last few years. We continue to see worldwide recognition for some of our companies, especially when it comes to the e-commerce industry. Yet during these last few years this industry has seen both immense gr...
2023-05-08 16:15:00 ET There are a few TSX stocks trending today that saw a strong couple of day last week. Yet these TSX stocks continue to climb higher, as we enter the second week in May. But what’s caused the climb, and should investors be prepared for a fall or get in now before...
2023-05-08 12:00:00 ET Shopify ( TSX:SHOP ) stock had an incredible run last week, as the firm clocked in some solid numbers alongside some big changes. Investors applauded not only the quarter but events that could help propel the e-commerce kingpin back on the right track. It ...
2023-05-05 14:45:00 ET Finding that right mix of stocks can be a frustrating ask for some investors, particularly those that are newer to investing. Fortunately, the market is full of great long-term options to start building your wealth today! Start with a solid, defensive pick! ...
2023-05-05 14:30:00 ET On Wednesday, the Federal Reserve of the United States raised its benchmark interest rates by 25 basis points to 5%–5.25%. It was the tenth rate hike by the central bank in over 14 months, thus pushing interest rates to a 16-year high. The increase in interest ...
2023-05-05 13:00:00 ET It’s been a wild ride for TFSA (Tax-Free Savings Account) investors so far this year, with a barrage of U.S. bank failures dragging broader markets lower, while earnings (for the most part) haven’t been too dreadful given the slate of macro headwinds...
2023-05-04 18:30:00 ET Investing in quality growth stocks could help you deliver outsized gains and beat the broader markets over time. But it’s essential to identify companies that are part of rapidly expanding addressable markets, armed with strong balance sheets, and poised to...
2023-05-04 15:45:00 ET The Canadian stock market roller coaster could continue in the near term, as growing macroeconomic concerns and the possibilities of a looming recession are still keeping investors on edge. This is one of the key reasons why, despite rallying more than 7% in Janua...
2023-05-04 11:09:48 ET Shopify ( TSX:SHOP ) shares were up about 25% on May 4, as the e-commerce company made the tough decision to cut 20% of its workforce. With the second round of layoffs, Shopify also decided to sell off its freight forwarder, Flexport. Why happened? ...
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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 ...
2024-07-25 16:20:00 ET Valued at $105 billion by market cap , Shopify ( TSX:SHOP ) is among the largest companies in Canada. It provides enterprises with a portfolio of products and solutions to set up an online presence and gain a foothold in the expanding e-commerce segment. ...