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Canadian stocks can outperform U.S. if Bank of Canada cuts rates before the Fed
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Bank of England holds rates, stresses June cut depends on coming data
The Bank of England held interest rates as expected and said restrictive monetary policy was taming inflation, but warned a June rate cut was not a done deal.CNBC - Business
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Planet Fitness’ stock rallies after company unveils first price hike in 30 years
Planet Fitness Inc.’s stock reversed early losses to trade up 8% Thursday, as investors looked past a revenue shortfall and lowered guidance to focus on a price hike and other positives from the earnings call.MarketWatch - Business -
Roblox’s stock tumbles after a big revenue miss, and worries about ‘engagement’
Roblox Corp.’s stock tumbled Thursday after the online gaming company reported first-quarter revenue that was well below expectations and provided a downbeat current-quarter outlook.MarketWatch - Business -
Extending Trump’s tax cuts could stick these 6 groups with a big bill
The strategy of funding tax cuts with debt may no longer be feasible.MarketWatch - Business -
‘What’s the f—ing point’: With mortgage rates above 7%, home buyers are still getting outbid by all-cash offers
In spite of mortgage rates exceeding 7%, prospective home buyers face intense bidding wars over a small pool of homes listed for sale.MarketWatch - Business - Mortgage -
This market rally could carry stocks to new all-time highs
Buy signals are appearing, but an oversold bounce can’t be ruled out.MarketWatch - Business