Modest growth projected for 2026 as uncertainty from Iran war, trade linger: Deloitte
The Canadian economy is expected to see modest growth this year, but the ongoing war in the Middle East and continued trade uncertainty are among the risks to that projection.
Deloitte’s spring economic outlook released Thursday estimated 1.2 per cent growth in 2026, down from last year’s 1.7 per cent gain.
Read More7 Best IPO Tech Stocks to Buy Right Now
When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.
Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.
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Read MoreTech Sell-Off: Wall Street Sees 60% or More Upside for These S&P 500 Stocks
The S&P 500 is down about 6.5% year to date, and much of the selling pressure has been concentrated in technology. The Nasdaq Composite is off nearly 10% as investors factor in the risk that artificial intelligence (AI) agents could pressure demand for software from some industry leaders.
» Read more about: Tech Sell-Off: Wall Street Sees 60% or More Upside for These S&P 500 Stocks »
Read MoreHow to Avoid Social Security’s Most Hated Trap
For millions of retirees, Social Security is supposed to be a reliable source of income. But many recipients face an unwanted surprise once they start collecting benefits — taxes.
Taxes on Social Security in retirement can seem like a double blow. After all, the way you earn those benefits is by paying taxes on your wages during your working years.
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Read MoreStock market today: Dow, S&P 500, Nasdaq futures surge on news of two-week US-Iran ceasefire
US stock futures surged on Wednesday, while oil prices cratered amid relief as the US and Iran agreed to a two-week ceasefire that could lead to a reopening of the Strait of Hormuz to shipping.
S&P 500 futures (ES=F) leapt 2.5%, while those on the tech-heavy Nasdaq 100 (NQ=F) rocketed up 3.3%.
Read MoreThe Burst
Hidden Gem in China’s Fintech Market?
Yiren Digital is likely not a company you have heard of but in China it has been growing like a weed thanks to two primary fintech offerings: CreditTech and Wealth Management.
With the rapid growth of China’s fintech sector and the increasing demand for digital financial services, Yiren Digital has been putting up numbers that demand a closer look.
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Read MoreThe Ivy
Is Another NVIDIA Stock Split Imminent?
NVIDIA has split its stock six times during its 25 years as a public company. The first stock split happened in 2001, and it doubled the number of shares available. If you owned 100 Nvidia shares before the split, you had 200 shares after. The most recent stock split occurred on May 22, 2024 and was 10:1 meaning for every 100 shares owned on May 21,
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Read MoreThe Spotlight
Soros Protege Tripled His Investment In This Stock
I found something interesting sniffing around the latest Duquesne Family Office 13F filings. Former Soros protege, Stanley Druckenmiller tripled his stake in Datadog, a SaaS monitoring and analytics platform.
Why would a billionaire be buying a high growth stock in a rising interest rate environment?
The first clue lies in the DDOG share price.
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