Dec 24, 2019
Happy holidays from BNN Bloomberg
BNN Bloomberg
There will be no Market Call Tonight today. BNN Bloomberg’s Market Call and The Daily Chase newsletters will be on break Dec. 25 and Dec. 26. They will return Dec. 27. Happy holidays!
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Dec 24, 2019
BNN Bloomberg
There will be no Market Call Tonight today. BNN Bloomberg’s Market Call and The Daily Chase newsletters will be on break Dec. 25 and Dec. 26. They will return Dec. 27. Happy holidays!
This week’s renewed frenzy around meme-stock favorites GameStop Corp. and AMC Entertainment Holdings Inc. cooled off a bit Wednesday, with shares of the high-risk, heavily shorted companies giving up most of their premarket gains.
Tesla Inc. is looking to woo its unusually large base of retail investors to get approval for Chief Executive Officer Elon Musk’s US$56 billion pay package.
Canada’s Polar Asset Management Partners Inc. raised US$300 million for a fund that will invest in credit risk transfers, taking advantage of a trend that sees banks offloading risk into a fast-growing corner of the credit markets.
A Japanese company is building an approximately $1.6-billion plant in Ontario's Niagara Region that will make a key electric vehicle battery component as part of Honda's supply chain in the province.
Consumer spending in Canada has continued to show signs of weakness over the past two months, according to fresh data from the country’s two largest banks.
Copper prices breached the US$10,000 per ton mark again this week, propelled by projections of tightening global supplies and heightened demand from the electric vehicle and power sectors, which offset weakening demand from China, the largest consumer of the red metal.
As Canadian investors grapple with a rapidly evolving landscape, BNN Bloomberg sat down with Kevin O'Leary, the chairman of O'Leary Ventures, for his perspective and insights across equity markets, Canadian tax changes, his efforts to buy TikTok and more.
The Bank of Canada says households can weather higher borrowing costs, but flagged rising asset valuations and financial stress among renters as risks to the outlook.