The S&P/TSX Venture Composite Index (INDEXTSI:JX) was largely flat with a 0.29 percent gain on the week to close at 621.25 on Friday (January 24). Meanwhile, the S&P/TSX Composite Index (INDEXTSI:OSPTX) posted a 1.6 percent increase to hit 25,468.49, and the CSE Composite Index (CSE:CSECOMP) was up 1.33 percent to…
Store closures in the U.S. last year hit the highest level since the pandemic — and even more locations are expected to shutter this year, as shoppers’ dollars increasingly go to a few industry winners, according to an analysis by Coresight Research. Major retailers, including Party City and Macy’s, closed 7,325 stores in…
UnitedHealthcare on Thursday tapped company veteran Tim Noel as its new CEO following the targeted killing of its former top executive, Brian Thompson, in Manhattan in December. Noel was the head of Medicare and retirement at UnitedHealthcare, the largest private health insurer in the U.S. It is the insurance arm of UnitedHealth Group,…
A war of words between Elon Musk and Sam Altman escalated on social media Thursday, as two of the most powerful men in tech sparred over their rival artificial intelligence initiatives. The latest exchange began after OpenAI, where Altman is CEO, was revealed as a key player in Stargate, the AI…
As the S&P 500 and Nasdaq 100 once again test new all-time highs this week, I’m struck by how leadership trends have shifted around quite a bit since mid-December. Part of my daily chart process involves a series of ratios to better evaluate and understand which stocks are leading, which…
I have been traveling in the US since 1/15 and attended the CMTA Mid-Winter retreat in Tampa, FL 1/16-1/17 and then moved to Redmond, WA to work from the StockCharts.com office this week. Unfortunately, the 40-degree (F) temp drop between Tampa and Seattle left me with a cold and a…
In the last quarter of 2024, semiconductors have been walking a tightrope between tariff fears and supply chain uncertainties. Geopolitical tensions between the US and China cast a long shadow over the industry, holding our proxy, VanEck Vectors Semiconductor ETF (SMH), in a consolidated range from October 2024 through January.…
Former Vice President Kamala Harris’ future remains unclear months after her election loss to now-President Donald Trump. As she grapples with navigating next steps, Harris has spoken with family and close friends, including the one other person who has been in her exact position: Hillary Clinton, New York Magazine reported.…
The House of Representatives has passed a bill that would penalize doctors who do not provide life-saving care to infants born alive after an abortion attempt. All but one Democrat voted against the bill, which passed 217 to 204, with all Republicans in favor. One Democrat, Rep. Vicente Gonzalez, D-Texas,…
President Donald Trump on Thursday signed an executive order to declassify files on the assassinations of former President John F. Kennedy, his brother Robert F. Kennedy and civil rights icon Martin Luther King Jr. Trump had promised to release the previously-classified documents during his 2024 campaign following decades of speculation…