Barrick Gold Looking for Buyers for Its Final Canadian Mine
The Hemlo mine in Northern Ontario is one of the company’s oldest mines. Image from Barrick. Barrick Gold Corp. is looking to sell its last mine in Canada in a push to capitalize on record gold prices and a renewed interest in North American mining operations. Barrick began a process in April to sell its […]
The Importance of US Federal Reserve Independence for Financial Markets
The Federal Reserve’s independence is under fire again, and alarm bells are ringing louder this time around. Over the past week, President Donald Trump has returned to an old playbook and called for lower interest rates while criticizing Federal Reserve Chair Jerome Powell—a Republican who was first nominated to his post by Trump in 2018. […]
Verizon Earnings: Price Hikes Fuel Strong Performance
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. Verizon Communications VZ posted solid first-quarter financial results amid weak customer metrics. Wireless service revenue increased 2.7% compared with a year ago, despite the loss of 289,000 net postpaid wireless phone customers during the quarter. EBITDA increased 4%, the fastest […]
This Stock, Currently Undervalued by 21%, Is a Must-Have for Your Portfolio
Microsoft MSFT may very well be one of those stocks to buy and hold forever. Known for its Windows operating system and Office productivity suite, Microsoft continues to widen its economic moat with a broad portfolio that now spans productivity and business processes, intelligent cloud, and personal computing. Today, its moat has not just one […]
12 Stocks That Have Shifted from Fairly Valued to Highly Overvalued
A rough start to 2025 has pulled the US stock market down more than 8%, pushing dozens of stocks into undervalued territory. Along the way, some stocks have seen especially big changes in their valuations, moving from fairly valued territory to significantly undervalued. In the wake of the stock market’s selloff, 125 of the 855 […]
Gold, Silver, and USDX: Essential April Trends and Influencing Factors
Stock image. It’s this month again. The month when silver topped in 2011, and when the declines accelerated in 2013. Let’s start today’s article with a quote from Yahoo!Finance: “According to the latest Bank of America fund managers survey published this week, nearly half of the fund managers surveyed (49%) see long gold, or bets […]
Tesla: Stock Slumps Following Report on Delay of Affordable Vehicle
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. Reuters reported that Tesla plans to delay the launch of its lower-cost vehicle from mid-2025 to between the third quarter and early 2026. The shares were down 4% in April 21 premarket trading. Why it matters: Tesla deliveries fell in […]
DBRS: Weaknesses Emerge as Pressure Mounts for…
Amid a national housing shortage, total Canadian housing starts for January and February 2025 were down 5% from the year-ago period, according to the Canada Mortgage and Housing Corporation. In fact, Canadian developers have struggled to build more than 250,000 houses per year, despite the influx of more than 4 million new residents during the […]
Alphabet: Antitrust Ruling on Ad Tech Holds Significant Implications…
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. On April 17, US District Court Judge Leonie Brinkema issued her opinion on the Google ad tech antitrust case, finding the company to have an illegal monopoly in the sell-side ad market while rejecting the plaintiffs’ claim that the firm […]
Crowds Gather in Shanghai for Gold ATM as Prices Soar
Kinghood Group’s Smart Gold Store. Credit: Shenzhen Kinghood Group Amid surging gold prices, Shanghai has introduced its first “gold recycling ATM“, drawing significant public interest, particularly from older residents seeking to cash in on the jewelry they’ve held for generations. Located in Shanghai’s Global Harbor shopping mall, the new machine saw long queues of customers, […]