Home sales across the Greater Vancouver Region rose 31.2% on a year-over-year basis in December. However, according to the Greater Vancouver Realtor Association, the 1,765 homes sold on Canada’s West Coast last month was 14.9% below the 10-year seasonal average for the month of December. The real estate board said 1,676 newly listed properties hit…
Assets held in Canadian exchange-traded funds (ETFs) surpassed $500 billion for the very first time in 2024. The record amount of capital placed in ETFs came during a year that also broke records for both inflows and new fund launches. ETF assets under management (AUM) stood at $519 billion at the end of December, according…
Elon Musk has questioned whether the United States should “liberate the people of Britain from their tyrannical government” after hitting out at top U.K. lawmakers. In recent days, the tech billionaire and key advisor to U.S. President-elect Donald Trump has taken to social media to air his grievances with the British government, resulting in a…
The live NFL football games being broadcast on Amazon Prime Video (AMZN) are attracting a growing number of viewers. The latest information from ratings agency Nielsen shows that Amazon’s “Thursday Night Football” package averaged 13.22 million viewers per game, a 13% increase from last season. Nielsen’s data also noted that 11 of the games on…
The Eurosceptic, Russia-friendly Freedom Party came first in September’s elections but was then sidelined.The Eurosceptic, Russia-friendly Freedom Party came first in September’s elections but was then sidelined. BBC News
Microsoft’s (MSFT) plans to spend $80 billion is another boost for the artificial intelligence sector. The software giant plans to invest in data centers in fiscal 2025. Microsoft needs more hardware to power AI. The company said that it needs large-scale infrastructure investments to serve as the essential foundation of AI innovation and use. Microsoft…
Three technology stocks gained over 10% last Friday’s trade. Arm Holdings (ARM) gained 10.05%. The speculation increased after Nasdaq (QQQ) added 1.77% on the day. ARM has strong growth, profitability, and momentum. ARM stock valuations are highly unfavorable. Its non-GAAP P/E is over five times higher than the sector median. Super Micro Computer (SMCI) rose…
Canada’s main stock index opened higher on Monday, lifted by technology and energy stocks, while investors braced for political changes amid talks of Prime Minister Justin Trudeau’s impending resignation later in the day. The TSX grabbed 75.41 points to open Monday at 25,148.95. The Canadian dollar hiked 0.54 cents to 69.79 cents U.S. Calls for…
Stocks jumped on Monday, recovering from last week’s losses as chipmakers jumped. The Dow Jones Industrials stormed ahead 232.67 points to 42,964.80. The S&P 500 spiked 66.56 points, or 1.1%, to 6,009.03. The NASDAQ Composite popped 349.57 or 1.8%, to 19,971.25. Chip stocks led the gains after Foxconn announced record fourth-quarter revenue. Nvidia and Broadcom…
More than 80 young Kenyans have gone missing in recent months, with many blaming the security forces.More than 80 young Kenyans have gone missing in recent months, with many blaming the security forces. BBC News
