Alphabet results avoid disaster, with search ads topping Wall Street targets

Google parent’s shares rose as high as 4.3% in after-hours trading before paring gains to trade up 2.3% Author of the article: Reuters Paresh Dave and Nivedita Balu The Google campus in Mountain View, California. Photo by Justin Sullivan/Getty Images files Google parent Alphabet Inc. on Tuesday posted quarterly sales close to Wall Street targets,… Continue reading Alphabet results avoid disaster, with search ads topping Wall Street targets

Microsoft misses quarterly revenue estimates on stronger dollar

Shares fell about 1% in trading after the bell Author of the article: Microsoft Corp.’s stock has lost about 25 per cent this year. Photo by REUTERS/Lucy Nicholson/File Photo Microsoft Corp. missed estimates for quarterly revenue on Tuesday, hurt by a stronger dollar, slowing sales of PCs and lower advertisement spending. Advertisement 2 This advertisement… Continue reading Microsoft misses quarterly revenue estimates on stronger dollar

Financial Post columnist among 2022 inductees to Canada’s Investment Industry Hall of Fame

Tom Bradley, who has written a column for the Financial Post since 2017, is one of three investing industry veterans being honoured Financial Post columnist Tom Bradley. Photo by STEADYHAND Tom Bradley, the co-founder of Steadyhand Investment Funds and a former head of Phillips, Hager & North Investment Management Ltd., is being inducted into Canada’s… Continue reading Financial Post columnist among 2022 inductees to Canada’s Investment Industry Hall of Fame

Bank of America says stock outflows are catching up to market despair

Investors have pulled cash from global equity-focused mutual funds for at least five weeks Author of the article: Bloomberg News Sagarika Jaisinghani A person walks past a Bank of America sign in the Manhattan borough of New York City. Photo by REUTERS/Carlo Allegri/File Photo Fund flows are starting to add evidence that investors are throwing… Continue reading Bank of America says stock outflows are catching up to market despair

‘Awful’ Snap sales just wiped $76 billion off social media stocks

Concerns about the outlook for online advertising Author of the article: Bloomberg News Ryan Vlastelica, Subrat Patnaik and Abhishek Vishnoi Snap Inc plummeted as much as 30 per cent in premarket trading. Photo by Michael Nagle/Bloomberg U.S. social-media giants were poised to see more than US$76 billion wiped off their stock-market values Friday after disappointing… Continue reading ‘Awful’ Snap sales just wiped $76 billion off social media stocks

Tom Bradley: Buying stronger companies in times of weakness can give investors the nerve to be countercyclical

Investing in the strongest companies may maximize your returns over the next few years Traders work on the floor of the New York Stock Exchange. Photo by Michael M. Santiago/Getty Images files You may have heard investment managers talk about “high grading” a portfolio. They’re likely referring to the idea that there’s an opportunity to… Continue reading Tom Bradley: Buying stronger companies in times of weakness can give investors the nerve to be countercyclical

Generation moonshot: why young investors are not ready to give up on risk

Even amid a meltdown in crypto markets, DIY traders who came of age after the financial crisis no longer want to play by the old rules Author of the article: Financial Times Madison Darbyshire in New York Inflation and rising interest rates have shaken the cryptocurrency markets in recent months. Photo by JUSTIN TALLIS/AFP via… Continue reading Generation moonshot: why young investors are not ready to give up on risk

David Rosenberg: Cyclical sectors next ‘shoe to drop’ — and the TSX is especially vulnerable

Recession yet to be priced into the sectors that make up 74% of the TSX The TSX, which has higher cyclicality, appears at risk in the near term, writes economist David Rosenberg. Photo by REUTERS/Mark Blinch/File Photo Our prior modelling work suggests that while some sectors have already gone a long way towards pricing in… Continue reading David Rosenberg: Cyclical sectors next ‘shoe to drop’ — and the TSX is especially vulnerable