TSX Composite Index outlook: Top catalysts for Canadian stocks this week
The TSX Composite Index has come under intense pressure in the past few months. It dropped to 35,788 points on Friday, down by 3.53% from the year-to-date high. This article…
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Category: Business
Nu Holdings stock slumps after Lula win: a golden opportunity to buy?
Nu Holdings stock is tumbling today, October 26, as investors react to the surprise outcome of Brazil’s presidential election, in which incumbent Luiz Inácio Lula da Silva defeated Flávio Bolsonaro.…
Gold price outlook: Can bulls survive the death cross and oil surge?
The gold price extended its sharp downward trend, falling to its lowest level since July last year as inflation concerns intensified. The precious metal dropped to $3,995, about 29% below…
Rubrik stock hits a record high on AI demand, as a risky pattern slowly forms
Rubrik’s stock extended its strong rally on October 23, reaching a record high as demand for cybersecurity solutions continues to grow amid the ongoing AI boom. Shares of RBRK jumped…
Crude oil price forecast as Brent hits $117 amid US-Iran war fears
Crude oil prices continued their bull run, reaching its highest level since May as concerns about the escalation between the US and Iran grew. It jumped to $117, continuing a…
Lucid stock faces major risks, but a short squeeze can’t be ruled out
Lucid Group stock has been in a strong freefall this year as the company’s future remains uncertain. It has dropped by 67% this year and by 82% in the last…
JEPI yields 8%, SCHD yields 3%: which is the better dividend ETF?
The JPMorgan Equity Premium Income ETF (JEPI) and the Schwab US Dividend Equity (SCHD) funds are popular among income-focused investors. JEPI has accumulated over $45 billion in assets, while SCHD…
Lloyds share price analysis ahead of Q3 earnings and BoE rate hike
Lloyds share price has lost momentum in the second half of the year, moving from a high of 117.80p in July to the current 101.85p. This retreat has coincided with…