What’s Ahead for Bank of Canada Rate Cuts? Insights from Trump
The market has had time to digest the language around the Bank of Canada’s jumbo interest rate cut on Wednesday. Now the looming threat of US President-elect Donald Trump’s proposed tariffs is the most significant wild card for where rates will go. The Bank’s 50-basis-point cut brought its policy rate to 3.25%, the upper limit […]
Broadcom Stock Soars 25%, Reaches $1 Trillion Market Cap Driven by AI Expansion
Broadcom Stock Surges 25%, Hits $1 Trillion Market Cap on AI Growth Driven by robust expansion in its artificial intelligence business, Broadcom Inc. (AVGO, Financials) announced a 51% year-over-year rise in sales for its fiscal fourth quarter. By fiscal 2027, the corporation estimates that its income connected to artificial intelligence might reach $50 billion yearly. […]
Finance Experts Share Their Tips for Retiring as a Millionaire
Here’s how to retire a millionaire, according to finance pros Goran Babic | E+ | Getty Images Building a $1 million nest egg may seem an impossible feat. However, amassing such retirement wealth is within reach for almost anyone — provided they take certain steps, financial advisors say. “You might think that, ‘Well, I have […]
Gold Stocks: Significant Bargains Await – MINING.COM
That contrarian call came to pass in early April, and gold kept on blasting higher. In mid-September this gold upleg grew to monster status at 40%+ gains, before peaking in late October skyrocketing 53.1% in 12.9 months! Gold clocked in with an amazing 43 record closes in that span, the last being $2,786 six weeks […]
3 Solid ETFs Facing a Tough 2024
Bryan Armour: The S&P 500 has led the market this year, leaving other fund strategies behind as the biggest US companies grew bigger. While we look favorably on the S&P 500’s long-term prospects, market-leading performance won’t always be the case. Morningstar Categories go through periods of strength and weakness, and strategies within those categories do […]
Electrovaya Reports Fiscal Year 2024 Results
Electrovaya Inc. reported a revenue of $44.6 million and $4 million in adjusted EBITDA for FY 2024, marking its sixth consecutive quarter of positive EBITDA. The company achieved historic cash flow from operations and improved gross margins of 30.7%. A $51 million loan from the Export-Import Bank of the U.S. will support a manufacturing facility […]
US Interest Rate Cut Uncertain as Inflation Remains Persistent
The November US Consumer Price Index report showed that inflation ticked up slightly in November—a signal that the Federal Reserve’s battle to bring down price pressures in the economy is not yet over. The Bureau of Labor Statistics reported Wednesday that the CPI rose 2.7% in November compared with the same month last year—an uptick […]
Shell aims to expand its US oil inventory with subsea tie-back to Gulf of Mexico asset
Shell sets its cap on enlarging US oil arsenal with subsea tie-back to Gulf of Mexico asset Shell Offshore, a subsidiary of the UK-headquartered energy giant Shell, has greenlighted another multi-well development project to enrich oil production from an asset lying in a water depth of about 2,450 meters (approximately 8,000 feet) in the U.S. […]
3 Compelling Reasons to Sell Your Fund
Valerio Baselli: Hello and welcome to Morningstar. When is it better for me to sell? This is a question that all investors sooner or later ask themselves. We have already listed the three worst reasons to sell a fund, and we wouldn’t be doing this subject justice if we didn’t also list good reasons to […]
Talon Metals Secures $2.47 Million in Funding for Nickel Extraction Research
Talon Metals receives $2.47m funding for nickel extraction research In a strategic move to bolster domestic production of critical materials essential for battery manufacturing, the U.S. Department of Defense (DoD) has allocated $2.47 million to Talon Metals Corporation. This funding targets innovative technologies for recycling sulphuric acid and sodium hydroxide in nickel production, essential for […]