Effects of Tariffs Lead Us to Scale Back US Shale Production…
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. On April 2, 2025, US President Donald Trump unveiled a tariff plan calling for a 10% baseline tariff on all imports, with select countries facing higher tariffs. In addition, the Organization of the Petroleum Exporting Countries and partners will raise […]
Barrick Aims for 30% Production Increase by 2030
Barrick Gold (NYSE: GOLD) (TSX: ABX) announced Friday it is advancing its portfolio of growth projects to support a planned 30% growth in gold-equivalent production by the end of the decade. The company’s chairman John Thornton said that despite a challenging operating environment, Barrick delivered on the goals it set for 2024, meeting its gold […]
Big Three Oilfield Services: Effects of Tariffs on…
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. President Donald Trump unveiled a broad new tariff plan. The plan calls for a 10% baseline tariff on all imports. China will face higher tariffs. The Organization of the Petroleum Exporting Countries and partners, or OPEC+, will also raise crude […]
Canada’s Labor Market Struggles, Impacting Bank of…
Canada’s economic outlook dimmed further, as a surprise weakness in March hiring swept the prospect of a Bank of Canada interest rate cut back on the table. According to the latest Statistics Canada report, the labor market suffered an unexpected loss of 33,000 jobs in March, the worst reading in three years and well below […]
Is Cloudflare a Good Investment Following Its Wild Fluctuations?
With a revived sales operation and excitement around its signature product, Workers AI, cybersecurity company Cloudflare NET stock is up 50% since the start of 2024, even with a 27% drop since the middle of February. For investors, the question is whether to jump in or wait for more attractive levels. “There was a general […]
Canadian Stocks Plummet Despite Recent Tariff Developments
The Morningstar Canada Index cratered immediately after the start of trading on Thursday morning, falling as much as 3% as traders around the world reacted to punitive US reciprocal tariffs. The S&P/TSX Composite Index also fell 3% (24,474.92 points) to start the day, dragged down by energy and mining stocks, as new tariffs triggered fears […]
Mining Consolidation Accelerates Amid Slowing Chinese Demand Growth
Joint ventures and asset sales are expected to accelerate in the mining industry, which is ripe for consolidation due to the slowdown in manufacturing and demand growth for industrial metals, particularly in top consumer China. However, full-scale mergers and acquisitions activity among diversified miners could be hampered for now by prohibitive high costs and significant […]
Canada Avoids Trump’s Latest Tariffs, Solidifying…
US President Donald Trump has spared Canada from economy-crushing reciprocal tariffs, sharply increasing the chances that the Bank of Canada will hold off on cutting interest rates at its April 16 meeting. While the lack of additional tariffs is a positive for Canada, concerns remain over the 25% automotive tariffs that come into force on […]
Retaining Our Fair Value Assessments for Canadian…
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. On April 2, US President Donald Trump announced sweeping tariffs on goods imported from the rest of the world. Canada and Mexico were spared from these new tariffs; however, the previously announced tariffs on Canada are still in place, and […]
Stocks Tumble as Trump’s Tariff Threats Risk Economic Impact…
Tariffs unveiled against dozens of countries by President Donald Trump Wednesday sent stock markets reeling as the levies are seen damaging US and global economic growth even as they push inflation higher. Stock markets fell on Trump’s announcement, which included a 20% tariff on EU goods, a 10% tariff on those from the UK and […]