Thursday saw the worst trading day for the semiconductor sector in seven weeks. Earnings revisions for some of the top tech stocks like Nvidia ranks 4th in the list, it deserves a deeper look. When the AI revolution started with the launch of ChatGPT, investors started pouring money into a handful of companies that are leading AI technology Let's explore whether Bank of Nova Scotia or Bank of Montreal is a better buy today seeing as they have experienced a dip in their shares recently.
Bank of America tells Detroit’s Big 3 they can’t make money in China and should just leave the hypercompetitive car market ‘as soon as they possibly can’ BoA argues GM, Ford and Stellantis either face a future of funding continued losses in China or they can redeploy resources to finally become competitive with Tesla—but they can't do both.OTTAWA — The Bank of Canada's governing council thought about waiting until July to lower interest rates but ultimately decided to cut earlier, the central bank's summary of deliberations reveals.