TSX May Open Higher with Oil Prices

TSX May Open Higher with Oil Prices
Canada’s benchmark index looked set to open higher on Wednesday, helped by rising oil prices . Stock futures for the December quarter on the S&P TSX index were up 0.1% recently. Action Economics ( AE ) said oil prices climbed following API inventory data, which revealed a 7.1 million barrel decline in U.S. crude inventories, versus expectations for a 4... Read More

Google Is About to Step Into Physical Retail

Google Is About to Step Into Physical Retail
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary Google has dabbled in physical retail before, but not like this. In 2015, the search giant opened its first store-within-a-store locations, mostly inside of big-box retailers. Last year, Google opened its first Google Shop, a pop-up shop in New York City that was primarily intended as a way for consumers to experience the first-generation Pixel and... Read More

Small Cable Companies Blame High Prices on Comcast

Small Cable Companies Blame High Prices on Comcast
Whether you have Comcast (NASDAQ: CMCSA) as your cable provider or a smaller, lesser-known carrier, you still may pay dearly for your pay-TV package. According to a new filing with the Federal Communications Commission (FCC) by the American Cable Association (ACA), that is because the cable giant forces its smaller rivals to offer Comcast’s array of channels, preventing them from... Read More

Builders' Confidence Recovers From Hurricane Blow in October

Builders' Confidence Recovers From Hurricane Blow in October
Recovering from the hurricanes, U.S. homebuilders’ confidence gained 4 points from the previous month in October, resulting in a confidence level of 68 – the highest since May 2017. Also, it improved from the year-ago figure of 63. The National Association of Home Builders or NAHB/Wells Fargo Housing Market Index (HMI) includes builder perceptions of current single-family home sales, sales... Read More

SolarCity: Tesla's Solar Boondoggle

SolarCity: Tesla's Solar Boondoggle
Boondoggle (noun): work or activity that is wasteful or pointless but gives the appearance of having value. It’s hard to argue Tesla ‘s (NASDAQ: TSLA) acquisition of SolarCity has been anything but a boondoggle of epic proportion. In less than a year, Tesla has shrunk SolarCity’s business, laid off thousands of installers , and scrapped most of the company’s manufacturing... Read More

Stocks Set to Open at Record Highs as IBM Fuels Triple-Digit Gain in Dow Futures

Stocks Set to Open at Record Highs as IBM Fuels Triple-Digit Gain in Dow Futures
Stock futures are set to open at record highs again on Wednesday with the Dow outperforming following upbeat Q3 results from component stock International Business Machines ( IBM ). Global stocks are also bolstered by the commencement of China’s Communist Party Congress as well as the likelihood that members of the European Central Bank will continue to endorse accommodative monetary... Read More