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A string of warnings on semiconductor demand from the likes of Micron Technology Inc. and Samsung Electronics Co. is forcing analysts to slash earnings forecasts at the fastest pace since 2008. Having gone from boom to bust in less than a year, the semicon...

A Piper Sandler & Co. analyst upgraded lululemon athletica Inc. stock, citing opportunity for “outperformance in outerwear this Fall/Winter, and stable promotional intensity.” In a note released Tuesday, Abbie Zvejnieks, research analyst at Piper Sandler,...

Andrew Pyle, investment advisor and portfolio manager, CIBC Wood Gundy FOCUS: North American equities MARKET OUTLOOK: After the worst September in 20 years, October isn’t exactly starting on the right foot. Even though volatility has not returned t...

  U.S. stocks turned sharply lower in late trading after comments by the Bank of England chief on removing market support rattled investor sentiment. Benchmark Treasury yields rose and the dollar gained. The S&P 500 slid amid renewed selling in tech sha...

An analyst at Scotiabank has cut price targets for almost every transportation and aviation stock on his coverage list, citing concerns around how a potential recession could impact these sectors. Konark Gupta, analyst at Scotia Capital, cut the price targ...

Investors looking to take advantage of market lows could be waiting until 2024, according to David Rosenberg, the founder and president of Rosenberg Research.   “There is no evidence of the stock market ever bottoming as the central banks are still raising ra...

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Wall Street got a reality check, with data showing a hot labor market that will likely keep the Federal Reserve on its aggressive hiking trail. Those bets sent stocks tumbling, driving benchmark Treasury yields to their longest weekly up streak since 1984....

Canada's main stock index ended down almost 400 points in the third straight day of downward movement amid better-than-expected employment numbers and expectations of further rate hikes on both sides of the border.  The S&P/TSX Composite Index ended down 3...