Making sense of the markets this week: April 28, 2024 + MORE Apr 26th

There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
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Federal Reserve cuts US growth forecast as Trump tariff fears increase - BBC.com + MORE Mar 20th

Federal Reserve cuts US growth forecast as Trump tariff fears increase  BBC.comFed holds interest rates steady, still sees two cuts coming this year  CNBCFederal Reserve cuts US economic growth outlook amid Trump tariffs  The GuardianMarket Factors: Why the Federal Rese.... More »

Variable mortgage rates regaining traction as Bank of Canada cuts rates - CTV News Sep 5th

Variable mortgage rates regaining traction as Bank of Canada cuts rates  CTV NewsBank of Canada reduces policy rate by 25 basis points to 4¼%  Bank of CanadaPosthaste: CIBC says the 'when' for Canadian dividend stocks is now  Financial PostMarket Quote: Bank of Canada .... More »

Ontario expected to have the worst economic growth in Canada thanks to Trump's tariffs, report says Sep 18th

Despite Premier Doug Ford's battle against the tariffs, demand for Ontario exports has declined as has business investment and hiring..... More »

Hot stocks: Canada’s top performers in Q3 2025 + MORE Oct 2nd

“Risk on!” was the theme of the third quarter in Canadian equity markets, as niche and smallish-cap stocks shot to the top of the performance table. Of the top 10 mid- and large-capitalization performers in Q3, eight more than doubled in value. The best stock to have in your portfolio was dat.... More »

Managing debt to build wealth + MORE Aug 21st

It’s an eyebrow-raising trend: non-mortgage delinquencies have reached levels not seen since 2009, according to a report by Equifax, one of the three largest consumer credit reporting agencies. Specifically, 1.4 million people in Canada have recently missed a credit payment.  But it’s no.... More »
Stock market today: Stocks build on tech-fueled jump as market takes PCE in its stride  Yahoo FinanceAlphabet, Microsoft earnings show hefty AI bets are driving growth  The Globe and MailTech Powers Stocks as Traders Look Beyond Data: Markets Wrap  Financial PostStock Market Today: Dow Jones Rises Ahead Of Inflation Data; Google, Microsoft Surge  Investor’s Business DailyThe Daily Chase: Big tech beats, oil earnings disappoint  BNN Bloomberg

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Making sense of the markets this week: April 28, 2024Kyle 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.

Google starts paying out

Several big tech names made waves this week, but for very different reasons.

Tech earnings highlights
All amounts in U.S. dollars.

Alphabet (GOOGL/NASDAQ): Earnings per share came in at $1.89 (versus $1.51 predicted) on revenues of $80.54 billion (versus $78.59 billion predicted).

Microsoft (MSFT/NASDAQ): Earnings per share of $2.94 (versus $2.82 predicted), and revenues of $61.86 billion (versus $60.80 predicted).

Meta/Facebook (META/NASDAQ): Earnings per share coming in at $4.71 (versus $4.32 predicted) and revenues of $36.46 billion (versus $36.16 predicted).

IBM (IBM/NYSE): Earnings per share of $1.68 (versus $1.60 predicted) and revenues of $14.46 billion (versus $14.55 billion predicted).

Alphabet crushed earnings and revenues on Thursday, sending shares up 14% in after-hours trading…

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