Following tradition, the U.S. stock market rallied after the Presidential election. The S&P jumped 2.53%, the Nasdaq 2.95% and the Dow 3.57% with many stocks enjoying pronounced gains, particularly in tech and financials. Major movers were Nvidia which popped 4.07% […]

As Americans voted for their next president, markets in New York as well as Toronto rallied. On Tuesday, the S&P rose 1.12%, the Nasdaq 1.32% and the Dow 0.89%. At the same time, earnings season continued. Palantir reported and shares […]

Bay Street began the week with news that BCE is expanding into the U.S. northwest with a US$3.6 billion acquisition, paid by divesting its stake in professional sports. However, Bell will pause its traditional dividend hikes. BCE shares tanked 9.69% […]

Stocks recovered some of Thursday’s losses after Amazon reported a robust quarter and forecast. The tech giant rallied 6.1% and helped lift the Nasdaq by 0.69%, though the index shed 1.5% for the week. Meanwhile, the S&P advanced 0.35% on […]

On Hallowe’en Wednesday, markets sank on earnings from two of the biggest stocks in the world, Microsoft and Meta, which reported the day before. Though the companies reported strong top and bottom lines, both announced higher spending in AI, which […]