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Stocks
How Will Foxconn's Nvidia Collaboration on Microchips Impact Stock Trends?
October 09, 2024 07:42 AM AEDT| By Team Kalkine MediaHighlights:,Foxconn plans to build a microchip manufacturing plant in Mexico for Nvidia's Blackwell processors.,Foxconn's shift into microchip production is driven by growing demand amid the AI boom.,The company is diversifying its business beyond as...
What Market Psychology Drives Enthusiast Gaming’s Stock Movements?
October 09, 2024 07:34 AM AEDT| By Team Kalkine MediaHighlights:,Enthusiast Gaming operates within the digital media and gaming sector.,Enthusiast Gaming’s collaboration with ampm continues to grow with the ampm Snack Squad gaming event.,Enthusiast Gaming Holdings Inc.,(TSX:EGLX),shares are currently t...
What Factors Are Shaping CGI Inc.'s Strategic Growth?
October 09, 2024 07:21 AM AEDT| By Team Kalkine MediaHighlights:,CGI Inc. operates in the Information Technology sector, specializing in SaaS-based ERP systems.,The State of Iowa has launched CGI Advantage®, a cloud-based ERP system designed to streamline budget processes and enhance user experience.,C...
What Drives Endeavour Silver Corp.'s Market Growth?
October 09, 2024 07:17 AM AEDT| By Team Kalkine MediaHighlights:,Endeavour Silver Corp. reported Q3 2024 production of 874,717 silver ounces and 9,290 gold ounces.,Total year-to-date production reached 6.0 million AgEq ounces, aligning with 2024 guidance of 7.3 to 7.6 million AgEq ounces.,Endeavour Sil...
What Future Trends Could Shape Freegold Ventures Limited's Path Forward?
October 09, 2024 07:08 AM AEDT| By Team Kalkine MediaHighlights:,Freegold Ventures Limited,(TSX:FVL),is focused on expanding the western zone through its 2024 drilling program.,Twenty-seven drill holes have been completed with promising results, and two more are in progress.,The drill program is design...
Why Has Nike’s Stock Value Taken a Sudden Dip?
October 09, 2024 07:02 AM AEDT| By Team Kalkine MediaHighlights:,Nike's revenue fell by 10.4% year-over-year (Y/Y) to $11.6 billion, missing analysts' expectations.,Digital sales dropped 20%, and three key product franchises saw a 50% Y/Y decline.,Elevated inventory levels signal the need for more aggr...
How Is Nvidia’s Growth Shaping the Future of Tech?
October 09, 2024 06:53 AM AEDT| By Team Kalkine MediaHighlights:,Nvidia's (NVDA) stock rose by 2.24%, while Microsoft (MSFT) continued to experience a decline.,Nvidia became the second-biggest company in the world, reflecting the differing market sentiment between the two firms.,Microsoft’s reliance on...
How Does Advantage Energy Ltd. Shape the Future of Clean Energy?
October 09, 2024 06:48 AM AEDT| By Team Kalkine MediaHighlights:,Advantage Energy Ltd. initiates production curtailments in response to low Alberta natural gas prices.,Curtailments of up to 130 mmcf/d began in September and are expected to continue through the fourth quarter.,Advantage Energy Ltd. shar...
Could Competitors Soon Have Access to Google Play's App Store?
October 09, 2024 06:43 AM AEDT| By Team Kalkine MediaHighlights:,Alphabet must allow competitors’ apps on the Google Play store.,The ruling is part of an antitrust lawsuit involving Epic Games.,Alphabet is restricted from exclusive deals for three years.,Alphabet Faces Antitrust Ruling Impacting Googl...
What Drives Steppe Gold Ltd.'s Recent Momentum?
October 09, 2024 06:26 AM AEDT| By Team Kalkine MediaHighlights:,Steppe Gold Ltd. provided a production update for its two operating gold mines in Mongolia.,The company's third-quarter production reached 17,773 oz of gold, with full-year 2025 guidance set at 80,000 oz.,Steppe Gold Ltd. shares,(TSX:STGO...
Why Is VitalHub Corp. Gaining Attention in the Tech Sector?
October 09, 2024 06:17 AM AEDT| By Team Kalkine MediaHighlights:,VitalHub Corp. operates within the healthcare technology sector.,Acquisition of MedCurrent Corporation, a Clinical Decision Support company.,VitalHub's shares T.VHI are trading up by $0.31 at $9.34.,VitalHub Corp.,(TSX:VHI),is part of the...
How Will Booz Allen’s Strategic Expansion Shape Its Future?
October 09, 2024 06:10 AM AEDT| By Team Kalkine MediaHighlights:,Booz Allen Hamilton expands its tech innovation ecosystem with new engineering and maritime tech facilities.,The company’s Lorton, Virginia, and Bremerton, Washington locations are designed for rapid prototyping, systems integration, and...
PepsiCo Lowers Revenue Trajectory Amid Challenges
October 09, 2024 06:06 AM AEDT| By Team Kalkine MediaHighlights:,PepsiCo's quarterly earnings showed mixed results, with a slight beat on earnings per share (EPS), but a revenue decline below Wall Street expectations, reflecting market challenges and shifting consumer demand.,The company revised its fu...
What’s Behind the Continued Drop of the Canadian Dollar?
October 09, 2024 06:03 AM AEDT| By Team Kalkine MediaHighlights:,The Canadian dollar faces pressure from narrowing interest rate differentials.,The Bank of Canada may cut rates by 50 basis points due to economic weakness.,The Fed is expected to make a modest rate cut of 25 basis points in November.,The...
Why Is CI Surging to a 52-Week High?
October 09, 2024 05:50 AM AEDT| By Team Kalkine MediaHighlights:,CI Financial Corp.reached a 52-week high of $20.14.,The company launched a new suite of asset allocation mutual funds.,The new portfolios offer Canadian investors low-cost, all-in-one solutions.,CI Financial Corp.,(TSX:CIX),, a prominent...
Condor Resources Reclaims Peruvian Soledad Concessions
October 09, 2024 05:48 AM AEDT| By Team Kalkine MediaHighlights,Condor Resources has regained full control over the Soledad concessions in Peru, marking the end of a long-standing agreement with Chakana Copper, who failed to meet payment obligations.,The Soledad project offers untapped exploration pote...
Steppe Gold Optimizes Operations After Boroo Acquisition
October 09, 2024 05:47 AM AEDT| By Team Kalkine MediaHighlights,Steppe Gold's integration of Boroo Gold is delivering operational efficiencies, resulting in notable cost savings and optimized resource use across its Mongolian mines.,The company remains on track to meet its production targets for 2024,...
Alternus Clean Energy Strengthens Finances with Strategic Asset Sales
October 09, 2024 05:29 AM AEDT| By Team Kalkine MediaHighlights,Alternus Clean Energy has sold key subsidiaries in a strategic move to reduce debt, marking a significant step in strengthening its financial position while maintaining a focus on expanding its energy portfolio.,The divestment of its Irish...
What Does Parkland’s Debt Say About Its Financial Health?
October 09, 2024 05:29 AM AEDT| By Team Kalkine MediaHighlights:,Parkland Corporation operates within the energy and fuel sector, where debt management is crucial due to the industry's capital-intensive nature.,The company's leverage has increased, but it maintains strong cash flows to service its debt...
Why Is CIBC Teaming Up with Expedia to Elevate Client Services?
October 09, 2024 05:24 AM AEDT| By Team Kalkine MediaHighlights:,Canadian Imperial Bank of Commerce (CIBC) operates in the banking sector and faces both growth initiatives and financial challenges.,Strategic partnerships and AI innovation highlight CIBC's commitment to enhancing its operational capabil...
Canadian AI All-Stars: Unveiling the Top Stocks for 2024