Canada's housing sector is facing a “moderate” degree of vulnerability to market instability for the second straight quarter and showing signs of overheating for the first time this year, says the country's housing agency. Canada Mortgage and Housing Corp. said Thursday that the brunt of the risks have been shouldered...
Roblox went public yesterday - and ended up with an eye-watering $38bn market cap. The free-to-download virtual gaming world, which is available on PC, Xbox and mobile, made its market debut on the New York Stock Exchange on Wednesday and its share price quickly soared. According to CNBC, the company's stock...
Online discussion forum Reddit went down on Wednesday at the same time as the GameStop trading frenzy returned to Wall Street, with the price of shares in the video game company more than doubling in just a few hours. The stock of GameStop, which has been extremely volatile over the...
Purpose Investments Inc. (“Purpose”) is thrilled to announce the world’s first Bitcoin ETF, backed by physically settled Bitcoin, is now available to investors. The Canadian dollar denominated ETF non-currency hedged units and U.S. dollar denominated ETF non-currency hedged units of Purpose Bitcoin ETF (the “ETF”) will begin trading today...
The largest cryptocurrency, bitcoin, surged to a record high of over $44,000 on Monday following the news that Tesla has invested $1.5 billion in the digital asset and expects to start accepting it as payment. Bitcoin soared fifteen percent to trade at $44,141, closing in on an all-time high reached...
American Airlines (AAL) – American’s stock is surging more than 40% in premarket trading after a better-than-expected fourth quarter. The airline lost $3.86 per share, less than the anticipated loss of $4.11, and revenue came in above analyst forecasts. American did post an $8.9 billion annual loss for 2020...
Users trying access their stock brokerage accounts as the market opened Wednesday morning were faced with a debilitating technical problem that shut many out of their accounts. Robinhood and TD Ameritrade were among the brokerages that reportedly experienced “technical difficulties” at open. The apps were unresponsive. https://twitter.com/stocktalkweekly/status/1354437354434555908? TD Ameritrade said this was...
Bitcoin and cryptocurrency traders are looking at a sea of red on exchanges today as major cryptocurrencies dive. The bitcoin price has dropped from over $35,000 per bitcoin last night to under $33,000, currently down almost 10% on the last 24 hours in a continuation of a sell-off that's wiped...
The Bank of Canada says the national economy will go in reverse for the first quarter of 2021, hammering the hardest-hit workers again on the path to a recovery that rests on the rollout of vaccines. Workers in high-contact service industries will carry the burden of a new round of...
The chicken sandwich wars are back! Remember the insanity that was the Popeyes chicken sandwich? Well most fast food chains didn't take the competition lightly and we saw all sorts of chicken sandwiches rolled out, except for McDonald's. And while it took them a little longer to get it together,...