Author: SmartStocks.ca Staff
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Enphase Energy Slumps Amid Looming Tax-Credit Cut and Tariff Pressures
Key Numbers Enphase Energy (NASDAQ:ENPH)’s shares plunged after TD Cowen downgraded the stock to hold and cut the price target to $45, as President Trump’s directive to eliminate clean-electricity tax credits within 45 days of the new law clashes with looming tariffs on China-sourced battery cells. This double hit threatens to sap U.S. residential solar Read more
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CoreWeave to Acquire Core Scientific in $9 Billion AI Power Grab
Key Numbers CoreWeave (NASDAQ:CRWV), one of 2025’s most talked-about tech stocks, has announced it will acquire Core Scientific (NASDAQ:CORZ) in an all-stock transaction valued at approximately $9 billion. Shares of CoreWeave have soared over 200% since its March IPO, fueling its ability to make a deal after an earlier bid was rejected. The transaction gives Read more
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Amazon’s Prime Week Breaks Records, But Stock Reaction Remains Muted
Amazon (NASDAQ: AMZN) just wrapped up its biggest Prime Day event ever, delivering record-breaking sales across a newly extended four-day shopping window. U.S. consumers spent a total of $24.1 billion online during the week—a 30.3% surge from last year’s Prime window—yet the stock’s performance has barely budged, with Amazon shares up less than 3% in Read more
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Can Loblaw Stock Be a Safe Buy Despite the Looming Tariff Risk in the Markets?
Rising costs and trade uncertainties have put pressure on many Canadian companies, especially those with exposure to the U.S. economy. Tariffs and supply chain disruptions have made it difficult for businesses to maintain margins, leading to volatility in the stock market. However, Loblaw (TSX:L) stands out as a relatively safe option in this environment. As Read more
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Best Canadian Stocks to Buy for 2025
The TSX has been on a strong run this year, reflecting the resilience of the Canadian economy and the solid performance of key sectors such as energy, financials, and technology. Amid rising global uncertainty and fears of a potential market correction, many investors are reevaluating their portfolios. Focusing on value-oriented stocks can help mitigate risk Read more
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Enbridge Increases Dividend by 3%
Enbridge announced today that it’s increasing its dividend by 3%. With the increase, the company has now raised its payout for 30 straight years. What’s also promising is that the company announced strong guidance for 2025. Not only does the company say that it’s on track to hit the high end of its guidance for Read more
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Suncor Raises Dividend on Strong Q3 Earnings
Suncor Energy (TSX: SU)(NYSE:SU) recently reported a robust third quarter in 2024, reflecting both operational excellence and strategic financial management. Key highlights include significant increases in production, a new record in refining throughput, and an increased dividend for shareholders. Financial Highlights Suncor’s Q3 2024 performance demonstrated financial strength: Operational Excellence Suncor’s operational efficiency continued to Read more
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Loblaw Sales Grow by 1% in Q3 but Earnings Jump Due to Court Ruling
Earnings and Revenue Highlights For the third quarter ending October 5, Loblaw reported a net profit of $777 million, or $2.53 per share, marking a notable increase from $621 million, or $1.95 per share, in Q3 last year. This uptick was partly attributable to a Federal Court of Appeal decision favoring President’s Choice Bank, which Read more
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Shopify Stock Surges on Strong Q3 Results and Optimistic Q4 Outlook
Shopify Inc. (TSX:SHOP)(NYSE:SHOP) saw its stock climb more than 24% today after reporting robust third-quarter financials, showcasing strong revenue growth and profitability improvements. The e-commerce leader’s continued expansion, driven by its scalable platform and effective cost controls, has positioned it as a prime choice for merchants navigating an increasingly digital marketplace. Financial Highlights: Growth and Read more
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Global X Launches Russell 2000 ETFs on Cboe Canada: New Opportunities for Small-Cap Investors
The Canadian market now offers two new options for investors interested in U.S. small-cap stocks, thanks to the launch of Global X Russell 2000 Index ETF (RSSX/RSSX.U) and Global X Russell 2000 Covered Call ETF (RSCC) on Cboe Canada. These funds, providing unique ways to gain exposure to the diverse and high-potential U.S. small-cap sector, Read more