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Unbeatable Boxing Day Deals in Canada 2024: Shop the Best Sales from Top Retailers!

Boxing Day 2024 is here, and it's time to shop the year's best deals across Canada!  From tech gadgets to winter apparel, major retailers like Amazon, Best Buy, Walmart, and more are offering incredible discounts. Whether you missed out on a Christmas gift or need to stock up on essentials, this is your chance to score big savings. Amazon Canada is leading the charge with discounts of over 70% on a wide range of products, including must-have tech, personal care essentials, and small kitchen appliances. Best Buy Canada is also offering substantial savings on smartwatches, 4K TVs, laptops, and more. Walmart Canada has deals on top brands like PlayStation, Apple, and LG, with savings up to 60%. For fashion enthusiasts, adidas is offering up to 60% off on sneakers and apparel, while Abercrombie & Fitch** has up to 30% off select styles.  Coach Outlet is providing up to 70% off on must-have bags and wallets. Don't miss out on these amazing deals! Start your new year off on t...
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US Stocks Tumble After Meta’s Reality Check and Soft GDP Print


In today’s volatile market, US stocks experienced a significant downturn following a double whammy of negative news. Let’s break down what happened:

  1. Meta’s Reality Check:

    • Meta (formerly known as Facebook) delivered a reality check to investors. The company’s revenue forecast rattled the market, leading to a nearly 15% decline in Meta shares. Rising costs at Meta, particularly related to AI infrastructure investments, raised concerns about the company’s profitability.
    • This reality check also impacted other tech giants like Microsoft and Alphabet, both of which face high earnings growth expectations and AI-related challenges.

  2. Soft GDP Print:

    • The US economy grew at a slower-than-expected pace in the first quarter. The GDP update revealed an annualized growth rate of 1.6%, falling well short of the anticipated 2.5%.
    • Persistently high interest rates and ongoing debate about the Federal Reserve’s rate campaign added to the economic uncertainty.

  3. Market Reaction:

    • The Nasdaq Composite fell more than 2%, while the S&P 500 lost 1.3%. The Dow Jones Industrial Average slipped 1.3%, shedding nearly 500 points.
    • Investors are now closely watching the March reading of the Personal Consumption Expenditures index, the Fed’s favored inflation gauge, set for release on Friday.

In summary, Meta’s reality check and disappointing GDP growth have dampened hopes for a tech stock revival. The market remains cautious as it grapples with uncertainties on multiple fronts. Stay tuned for further developments! 

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