Skip to main content

Featured

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...

Stock Market Today: US Futures Slip as Wait for Nvidia Earnings Nears Its End

                                                

U.S. stock futures are showing signs of caution as investors eagerly await Nvidia’s pivotal earnings report and minutes from the Federal Reserve’s last meeting. Here are the key points driving today’s market sentiment:

  1. Nvidia’s Earnings Anticipation:
    • AI Bellwether: Nvidia (NVDA), a leading artificial intelligence (AI) chipmaker, is set to release its first-quarter results after the closing bell. Investors are closely monitoring the company’s performance, especially given sky-high earnings expectations.
    • Market Impact: The chipmaker’s share price is expected to make a significant move based on the results. Options markets imply an 8.6% swing in either direction, making it a critical moment for tech investors.
    • Bullish Outlook: Despite short-term uncertainties, many analysts remain bullish on Nvidia’s long-term growth prospects, particularly in the AI chip sector.
  1. Federal Reserve Clues:
    • Inflation Concerns: The Federal Reserve’s minutes from its last meeting are under scrutiny. Investors are looking for any deviation from policymakers’ repeated message that they want to be more confident about inflation cooling down before considering rate cuts.
    • UK Inflation Data: Ahead of the release, UK inflation data hinted at persistent price pressures, adding to market jitters.
  1. Target’s Earnings Disappointment:
    • Consumer Behavior: Retail giant Target (TGT) reported quarterly earnings that fell short of expectations. Consumers held off on nonessential purchases due to inflation concerns, leading to an 8% pre-market slide in Target’s shares.

In summary, today’s market hinges on Nvidia’s performance and the Fed’s stance on inflation. Investors are bracing for potential volatility, making it a crucial test for the broader market.

Stay tuned for further updates as the day unfolds.

Comments