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The S&P/TSX Composite Index is down by 14.18% from its 52-week high. The Canadian benchmark index’s declining levels show a considerable amount of weakness in the entire Canadian economy. Stock market investors are offloading shares in equity securities left, right, and centr...
Amid the concerns over rising prices, central banks worldwide have raised interest rates. However, rising interest rates have increased borrowing costs, thus hurting the margins of growth stocks, which require higher capital to fund their growth initiatives. So, amid these concerns, growth ...
There are plenty of TSX stocks that have fallen from grace during this market correction. Many have lost practically all of their share price compared to levels at the beginning of 2022. But there are still some gold mines to be found amongst the rubble. Today, I’m going to f...
The TSX started strong in 2022 but began losing steam in the second week of June. Since the 10th, the index hasn’t closed above 20,000 and fallen to as low as 18,717.10 on the 23rd. As of this writing, Canada’s primary equities market is down 11.26%. Rising interest rates, sup...
The correction in the shares of several top Canadian businesses appears overdone. Further, due to the sharp pullback, these stocks look attractive on the valuation front. Thus, if you are holding cash in your TFSA (Tax-Free Savings Account) and have a long-term outlook, now is an opportune ...
The world has gone into panic mode as of late. I saw a meme the other day where it was announced that Alphabet’s artificial intelligence was sentient, and everyone was freaking out. One commenter said, “add it to the apocalypse pile.” And to be honest, I felt that. ...
WELL Health Provides Update on Cybersecurity Unit and Shareholder Estate Planning by CEO Canada NewsWire Cybersecurity business achieved record revenue and EBITDA since being acquired by WELL Health. Iain Paterson has been appointed to the position of WEL...
After delivering impressive returns last year, tech stocks are under pressure this year. Rising interest rates, the expectation of growth slowing down, and concerns over their higher valuations have caused a selloff in the tech space. However, the steep correction has provided an excell...
Fears of a potential recession have overtaken the concerns about inflation recently. Investors are worried central bankers are raising interest rates too quickly, which is destroying demand and plunging us into an economic downturn. These concerns are justified. Demand destruction could...
Growth investors haven’t had much to celebrate over the past year. Many of the market’s most popular growth stocks continue to trade with much volatility. In addition, those stocks also remain much lower than what they were worth at the start of last year. However, despite...
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2024-07-31 19:00:00 ET The Canadian government introduced the TFSA (tax-free savings account) in 2009 to encourage citizens to save more. It allows investors to earn tax-free returns on a specified amount called contribution room. For this year, the Canadian Revenue Agency has fixed the...
2024-07-30 16:20:00 ET The TSX has shown strength over the past year, reflecting the economy’s resilience and investors’ optimism surrounding artificial intelligence (AI) technology and anticipated rate cuts. While several Canadian stocks posted solid gains, shares of a se...
WELL Health to Announce Second Quarter 2024 Financial Results on August 14, 2024 Canada NewsWire VANCOUVER, BC , July 30, 2024 /CNW/ - WELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF) ("WELL" or the "Company"), a digital healthcare company fo...