Wealthsimple-X deal sparks investor risk concerns + MORE Apr 20th
BHP trying to acquire Anglo American, threatening Teck takeover - The Globe and Mail Nov 23rd
Young Canadians sue CPP Investments over climate risks + MORE Oct 30th
Canada space investment key to future growth, experts say - Barrie 360 Apr 12th
Deficit soars to $78.3 billion as Carney budget bets big on 'investment' spending while slashing public service Nov 5th
Nvidia on Wednesday reported a surge in third-quarter profit and sales as demand for its specialized computer chips that power artificial intelligence systems remains robust. For the three months that ended Oct. 27, the tech giant based in Santa Clara, California, posted revenue of $35.08 billion, up 94% from $18.12 billion a year ago.
Nvidia said it earned $19.31 billion in the quarter, more than double the $9.24 billion it posted in last year’s third quarter. Adjusted for one-time items, it earned $0.81 a share.
Nvidia earnings highlights
All numbers are in U.S. dollars.
Nvidia (NVDA/NASDAQ): Earnings per share came in at $0.81 (versus $0.75 predicted), while revenues totalled $35.08 billion (versus $33.16 billion predicted).
Wall Street analysts on Nvidia’s reported earnings
Wall Street analysts had been expecting adjusted earnings of $0.75 a share on revenue of $33.17 billion, according to FactSet. Investors took the results in stride, however, and Nvidia’s high-flying stock slipped about 1% in after-hours trading…
5 must-have insurance coverages for small businesses in Canada
– moneysense.ca
A commercial or business insurance policy is designed to shield business owners from the financial fallout of unexpected events. It’s the backbone of your business’s continuity and risk management plan.
Think of insurance as your business’s armour, protecting your company from unforeseen hazards—including unexpected damage, accidents and lawsuits—that threaten to disrupt your operations and upend your finances…
MoneySense at the MoneyShow: ETFs & Investing Strategies
– moneysense.ca
ETFs & Investing Strategies Canada Virtual Expo
With more and more ETFs listed on Canadian exchanges, DIY investors have an overabundance of choice. It can be hard for investors to know which ETFs to put into their portfolios—should you stick with index-based ETFs or explore thematic and sector ETFs, for example? MoneySense breaks through the clutter with our annual ETF All-Stars Report—now in its 12th year. We’ll look at the makeup of today’s ETF market and which ETFs are worth considering.
November 27, 2024
ETFs & Investing Strategies Canada Virtual Expo
It’s free, it’s virtual.
Get Your ticket
Read more on investing and real estate:
Best Canadian ETFs
Where to Buy Real Estate in Canada
How much you need to earn to afford a home in Toronto and the GTA
The best dividend stocks in Canada
The post MoneySense at the MoneyShow: ETFs & Investing Strategies appeared first on MoneySense.
Bitcoin approaches USD$100,000 as post-election rally continues
– moneysense.ca
Bitcoin topped $98,000 for the first time Thursday, extending a streak of almost daily all-time highs since the U.S. presidential election. (All figures are in U.S. dollars.) The cryptocurrency has rocketed more than 40% in just two weeks.
Now, bitcoin is at the doorstep of $100,000, and investors do not appear to be fazed by gravity or any cautionary tales of the cryptocurrency’s history of volatility.
Cryptocurrencies and related investments like crypto exchange-traded funds have rallied because the incoming Trump administration is expected to be more “crypto-friendly” than the outgoing Biden administration.
As of 8:30 a.m. ET on Nov. 21, bitcoin traded at $97,466 after rising as high as $98,349 according to CoinDesk.
Yet cryptocurrency markets remain a wild place, and what comes next is impossible to know. And while some experts are bullish, others are warning of investment risks.
Here’s what you need to know.
Crypto basics
Back up. What is cryptocurrency again?
Cryptocurrency has been around for a while now but have come under the spotlight in recent years…
