Making sense of the markets this week: November 3, 2024 Nov 1st

Learn more about Canada’s top banks rates, rules and the latest news – read on!

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The best GIC rates in Canada for 2024 Nov 26th

GIC comparison tool Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance. Why trust us MoneySense is an award-winning magazine, helping Canadians navigat.... More »

The best TFSAs in Canada for 2024 Nov 30th

Featured TFSA Accounts sponsored TFSA savings account Earn 2.50% interest tax fee tax-free interest with flexible withdrawals and zero fees. go to site .... More »

The best high-interest savings accounts in Canada for 2024 + MORE Dec 3rd

Savings comparison tool Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance. Why trust us MoneySense is an award-winning magazine, helping Canadians navigate mo.... More »

Looking for a mortgage in B.C.? Don’t limit your options to the big banks Nov 9th

At last, interest rates are coming down again. For Canadians who are in the market for a new home, facing renewal of their mortgage in the foreseeable future, or feeling unsatisfied with their current home loan, this poses two choices: do you pounce now, or stay on the sidelines in the hope that rat.... More »

The best high-interest savings accounts in Canada for 2024 Nov 12th

Making sense of the markets this week: November 3, 2024

– moneysense.ca

Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.

Apple, Nvidia growth—no cap

Depending on the day you ask, it’s either Apple or Nvidia as the answer to the classic question: “What is the most valuable company in the world?” Both are worth somewhere around $3.5 trillion. (All figures in this section are in American currency.)

To put that in perspective, each company is worth more than the entire Canadian stock market. Add up all of our banks, railways, energy companies, telecoms, REITs (real estate investment trusts), pipelines, grocery stores, insurance companies, utilities, gold miners and anything else you can find, but Apple or Nvidia are each worth more than the totality of companies listed on the Toronto Stock Exchange.

So, when either reports earnings, it’s a big deal.

Big tech earnings highlights
Here are what the tech companies shared this week…

Continue Reading On moneysense.ca »

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