Enbridge stock has suffered a sharp drop this week, falling to its lowest level since February, following some notable company announcements. Its US-listed shares have now declined for seven straight weeks and are down 16.50% from their high for the year. So, is it safe to buy the dip? Why Enbridge stock has slumped Enbridge
Canada is blessed with an abundance of natural resources that the world wants. That includes oil, natural gas, uranium and critical minerals. But apart from those more popular resources, another one is equally, if not even more important. That’s potash and it’s tied to one stellar investment. Few investors may realize this, but Canada is
Key Points Few stocks have captured investors’ imaginations in the way Space Exploration Technologies (NASDAQ: SPCX) has. The stock was on a roller-coaster ride after its market debut back in June, but it has settled into a more stable trading range. That makes now a potentially good time to add the growth stock. Let’s look
IAG share price has slumped to a crucial support level as investors reacted to the rising jet fuel costs. It dropped to 419p on Wednesday, a few points above 414p, its lowest level in July. It remains 15% below its highest level this year. Jet fuel prices are hitting IAG’s margins IAG, the parent company
A Tax-Free Savings Account (TFSA) can be an excellent vehicle for long-term wealth creation, allowing eligible investors to earn tax-free returns on investments within their available contribution room. However, investors should carefully select the stocks they hold in their TFSAs, as losses can permanently reduce their contribution room. Unlike gains, losses cannot be added back
Key Points Over the last several decades, the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have averaged negative returns during September. Artificial intelligence (AI) chip stocks had mixed performances during the last three Septembers. Chip-themed ETFs offer a compelling way to invest in semiconductor stocks without picking individual names. 10 stocks we like
The crypto market is doing well this weekend, with altcoins doing better than Bitcoin. Some of the top gainers are coins like Arbitrum (ARB), Zcash (ZEC), and PancakeSwap (CAKE). This article provides a forecast for top coins like Dogecoin (DOGE), Ripple (XRP), and Venice Token (VVV). Dogecoin price prediction The daily chart shows that the
Seasoned investors know that the Tax-Free Savings Account (TFSA) is one of the best vehicles for long-term wealth building. The right TFSA setup can become a powerful tool for investors. That’s partly because every distribution added to a TFSA can be withdrawn tax-free or reinvested to purchase more shares. There’s no shortage of investments that
(RTTNews) – Dorian LPG Ltd. (LPG) on Friday announced that it has agreed with Hanwha Ocean Co., Ltd. (042660.KS) to build three 90,000-cubic-meter dual-fuel Panamax very large gas carriers for approximately $345 million. The vessels are scheduled for delivery in June, September and December 2030. The newbuildings will feature dual-fuel engines capable of using LPG
The USD/JPY exchange rate dived to its lowest level in a month as the Japanese yen made a strong comeback. It dropped to 156.85, down over 4.40% from its year-high as investors predicted that the Bank of Japan (BoJ) will hike interest rates as soon as this month. Polymarket odds of BoJ rate hikes are