Making sense of the markets this week: October 6, 2024 + MORE Oct 4th

How to go about securing the best return for your investment in Canada.
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Netflix says subscribers spend two hours a day on the platform - The Verge + MORE Oct 17th

Netflix says subscribers spend two hours a day on the platform  The VergeNetflix to double profits after adding millions of subscribers in three months  The GuardianNetflix earnings, subscriber growth top estimates as investors eye potential price hikes  Yahoo FinanceNe.... More »
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The best dividend stocks in Canada 2024 + MORE Oct 9th

Overview Top 100 Dividend Stocks Past Performance Methodology Best Dividends in Canada Table of Contents Top .... More »

The best student credit cards in Canada for 2024 + MORE Oct 7th

When you’re at a new restaurant, do you have to see the menu before you order? Or do you eat what your foodie friend says is good, knowing it’ll be amazing? The answer can help you decide how to pick a new credit card. Some people want the ability to compare their options side-by-side; others wa.... More »
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What is Sun Life’s new decumulation product? + MORE Oct 30th

Late in September, Sun Life joined a small group of Canadian financial firms offering would-be retirees a decumulation product designed to help pensioners make the often-tricky transition from saving and accumulating wealth to drawing it down. It’s called MyRetirementIncome. In doing so, it joi.... More »
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The best Mastercard credit cards in Canada for 2024 + MORE Oct 18th

Credit card comparison tool Compare Mastercard credit cards available in Canada using our interactive tool below. You can filter cards based on rewards value, annual fees, income requirements and more. powered by The best Mastercard credit cards in Canada Mastercard is one of the .... More »
Making sense of the markets this week: October 6, 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.

Nike and Carnival’s Shareholders Cruise to Profitable Destination

According to this week’s earnings, we would rather cruise than run—when wearing Nike shoes at least.

U.S. earnings highlights
This is what came out of the earnings reports this week. Both Nike and Carnival report in U.S. dollars.

Nike (NKE/NYSE): Earnings per share of $0.70 (versus $0.52 predicted). Revenue of $11.59 billion (versus $11.65 billion predicted).

Carnival (CCL/NYSE): Earnings per share of $1.27 (versus $1.17 predicted). Revenue of $7.89 billion (versus $7.82 billion predicted).

A pair of earnings beats led to surprisingly muted market sentiment. Carnival set new revenue records for the quarter and boosted its future forecast for the third time this year. Carnival CEO Josh Weinstein stated that revenues were up mostly to improved profit margins on board each ship (as opposed to simply running more cruises)…

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If you’ve ever read a MoneySense investing article and wished you could look behind the scenes with the writer, or get a deeper dive from one of the experts interviewed—here’s your chance.

Register for the Canadian Financial Summit, October 23 to 27, and you’ll get access to the investing and money-management knowledge of more than 35 Canadian personal financial experts, including MoneySense’s own Lisa Hannam, Jaclyn Law and Michael McCullough.

With your ticket, the videos are completely free to view for 48 hours. After that you need the All Access Pass, which cost $99 for the ability to stream all interviews and presentations—anytime.

If you’ve attended the Canadian Financial Summit, check out the MoneySense guides referenced in our sessions.

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What can you learn? Here are a few highlights from the segments featuring MoneySense contributors:

Lisa Hannam and Penelope GrahamCanada’s New Mortgage Rules in 2024

In an effort to help Canadians get into the real estate market, the government made changes to the mortgage rules…

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