Daily News

Source: BNN Bloomberg April 20, 2022

Disney, Roku drop as Netflix stuns with falling customers

Streaming stocks were rocked late Tuesday after Netflix Inc. reported its first customer decline in more than a decade, stoking investors’ fears that a reopening economy will cripple these companies. Roku Inc. dropped as much as 8.3 per cent in extended tr...

FP Economy Source: Financialpost April 20, 2022

Canada's inflation rate comes in much hotter than expected

Highest since January 1991 Canada’s main inflation gauge surged the most in more than 31 years in March. Here’s what you need to know. We apologize, but this video has failed to load. Try refreshing your browser, ortap here...

Market Call Source: BNN Bloomberg April 19, 2022

Brendan Caldwell's Top Picks: March 30, 2022

Brendan Caldwell, president and chief executive officer, Caldwell Investment Management FOCUS: North American large cap stocks MARKET OUTLOOK: Making predictions about the future is difficult in the best of times and especially challenging in the c...

Source: BNN Bloomberg April 19, 2022

Stocks sink to first quarterly loss in two years

U.S. stocks tumbled into the close, wrapping up their first losing quarter since the pandemic bear market, as Treasuries also pared the worst losses in at least five decades.  Moves in most financial markets were muted on the final day of a quarter that br...

Market Call Source: BNN Bloomberg April 19, 2022

Jason Mann's Top Picks: March 31, 2022

Jason Mann, co-founder and chief investment officer at EHP Funds FOCUS: North American equities MARKET OUTLOOK: It’s been a volatile quarter for markets overall with the double whammy of a hawkish U.S. Fed, and the invasion of Ukraine. Bond markets h...

Source: BNN Bloomberg April 19, 2022

Bond yields surge as jobs bolster rate-hike bets

U.S. equities advanced in the final minutes of trading and Treasury yields surged Friday as a solid U.S. jobs report buttressed the Federal Reserve’s case to use aggressive interest-rate hikes to tackle inflation. The S&P 500 ended higher after earlier flu...

Source: BNN Bloomberg April 19, 2022

AMC, other meme stocks rally after GameStop’s share-split plan

GameStop Corp. shares rose 15 per cent in premarket trading and were on course to open at the highest level this year after the video-game retailer announced plans for a stock split, fueling a rally in fellow so-called meme stocks.  GameStop became the lat...

Source: BNN Bloomberg April 19, 2022

Canadian stocks beat U.S. by most in 13 years and have room to run

The surge in oil prices has fueled a rally in Canadian stocks this year which strategists say still has room to run.  The S&P/TSX Composite Index has gained 3.1 per cent, outperforming the S&P 500 by more than 8 percentage points. That’s the widest outperf...

Market Call Source: BNN Bloomberg April 19, 2022

Stan Wong's Top Picks: April 1, 2022

Stan Wong, portfolio manager at Scotia Wealth Management FOCUS: North American large caps and ETFs MARKET OUTLOOK: After falling nearly 15 per cent to start the year, market volatility has eased somewhat, and the S&P 500 Index has bounced nine per ce...

Source: BNN Bloomberg April 19, 2022

Stock rally that nobody saw coming is refusing to go quietly

Hedge funds distrust it, a clutch of strategists say it’s doomed, and the Federal Reserve probably wishes it would stop. But a fearsome stock market rally that has been giving prognosticators fits is refusing to go away.   A final-hour surge Friday salvage...