Daily News

The 10 per cent surge in Tesla Inc. shares Thursday after the electric-vehicle maker reported strong earnings is creating one notable group of losers: The pile of traders betting against the stock.  Tesla is the most shorted stock in the world, with almost...

Brian Madden, chief investment officer, First Avenue Investment Counsel FOCUS: North American equities MARKET OUTLOOK: Overweight cash, golds, staples, utilities, health care and other recession-resilient businesses. Avoid last cycle‘s leaders - FA...

Asia’s stock markets face a cautious start Friday after a dash of disappointment over technology earnings injected fresh worries about the economic outlook and took some sheen off a US equity rally. Futures rose modestly for Japan and Australia in the wake...

The S&P/TSX Composite Index closed up slightly Thursday as gains in industrials and real estate offset losses in energy. The Canadian benchmark index finished the day up 42.18 points, to 19,062.85. While the overall index climbed, energy stocks were dow...

That could rise to $64 billion in royalties and taxes in 2023 if oil prices stay high Unanticipated revenue from energy royalties and corporate taxes are pouring into government treasuries, offsetting the need for a Canadian version of a “windfall...

US stocks rose in a volatile session as investors parsed the latest corporate news and the potential for geopolitical risks in Europe. The dollar gained, while the euro fell as Italy’s government looked set to collapse.  The S&P 500 posted its first back-t...

Stock markets are yet to see full capitulation, Sanford C. Bernstein strategists said, taking a contrary view to that of Bank of America Corp., whose survey showed that investors have already thrown in the towel. “We have not yet seen capitulation in outfl...

Bitcoin is gaining for the third straight day amid a broader rally in risk assets, with the digital currency briefly rising above US$24,000 for the first time in more than a month. The world’s largest digital token rose as much as 3.3 per cent Wednesday to...

Canada’s benchmark stock index climbed higher on Wednesday in the wake of consumer price inflation accelerating to the highest level since January 1983. The S&P/TSX Composite Index rose 82.96 points to close at 19,020.67. Statistics Canada reported the...

Citigroup Inc. economists have labeled a global recession a “clear and present danger,” while repeating they estimate a 50 per cent probability of such a slump. In a report to clients, economists led by Nathan Sheets said they now expect the world economy...