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BNN Bloomberg Picks
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Cargill shifts beef production after weeklong strike at Canada plant
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Morgan Stanley warns U.S. elections threaten popular macro trades
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Roaring Kitty’s Reddit post on GameStop could spell US$485 Million paper fortune
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10:29
Red tape and delays are holding back Canada’s productivity, Poloz and Manley say
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7:26
Loblaw testing out small-format No Frills grocery stores
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5:44
Brookfield confirms it's in talks to buy France's Neoen at US$6.6 billion valuation
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May 31
Laurentian Bank of Canada is slashing its Toronto office space by two-thirds as it leans into a hybrid work model and seeks cost savings amid a broader strategic revamp.
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9h ago
7:02Nvidia and AMD square off in fight to take control of AI
Nvidia Corp. and Advanced Micro Devices Inc.’s chiefs showcased new generations of the chips powering the global boom in AI development, deepening a rivalry that may decide the direction of artificial intelligence design and adoption.
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9h ago
5:48Ford says drivers will be able to take their eyes off the road in 2 years
Ford Motor Co. is just two years away from offering technology that will allow drivers to take their eyes off the road and their hands off the wheel, according to Chief Executive Officer Jim Farley.
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46m ago
Meme stocks are roaring again. Yes, again
Meme stocks are shaking Wall Street once again Monday. And, as is so usually the case, it all started online.
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May 31
5:51Laurentian Bank reports $117.5M loss in second quarter as revenue falls
Laurentian Bank of Canada reported a second-quarter loss of $117.5 million, compared with net income of $49.3 million a year earlier.
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May 31
The federal government ended the 2023-24 fiscal year with a deficit of $50.9 billion.
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1h ago
Calgary home sales tick down in May amid limited supply of lower-priced options
The Calgary Real Estate Board says May home sales fell 0.8 per cent from last year as 3,092 properties changed hands, driven by declines in lower-priced detached and semi-detached homes.
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May 29
5:33Residential mortgage debt hits $2.16 trillion amid slowest growth in 23 years: CMHC
Canada Mortgage and Housing Corp. says the country’s total residential mortgage debt totalled $2.16 trillion as of February this year, up 3.4 per cent year-over-year and representing the slowest growth in 23 years.
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May 31
Across the latest set of quarterly earnings calls, nearly every major company spanning Canada's retail landscape said they've noticed shoppers increasingly looking for cost savings and thinking twice about some purchases.
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29m ago
NYSE fixes issue that showed 99% drops, triggered trading halts
A technical error at the New York Stock Exchange resulted in numerous erroneous trading volatility halts, including for Chipotle Mexican Grill Inc. and Abbott Laboratories, and odd trades in at least two stocks early in the cash session Monday.
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Jun 2
6:50OPEC+ plan to restore output spurs debate on oil trajectory
OPEC+ set out a timetable for gradually unwinding some of its oil production cuts, sparking a debate about whether the market will be able to absorb those extra barrels.
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2h ago
4:28Cole Kachur's Top Picks: June 3, 2024
Top picks from Cole Kachur, portfolio manager & Senior Investment Manager, Wellington-Altus Private Wealth
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May 31
WestJet Encore averts potential pilot strike with tentative deal
WestJet Encore and its pilots reached a deal Thursday after two weeks of negotiations, steering clear of a potential strike this week.
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May 31
The Canadian economy expanded less than expected in the first quarter, with weak inventory growth offsetting strong consumption gains, prompting traders to boost bets on the Bank of Canada cutting rates as early as next week.
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May 31
9:01BRP reports Q1 loss as revenue down from year ago, says it plans to reduce inventory
BRP Inc. reported a first-quarter loss as revenues fell compared with a year earlier, saying it would lower production to reduce network inventory amid current macroeconomic challenges.
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6h ago
The Daily Chase: GameStop, won't stop
Here are five things you need to know this morning.