'More gambling than investing': How Canadian investors should approach meme stocks

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Grant White أخبار

Stocks,Portfolio Manager,Meme Stock

Should you invest in meme stocks? Here's what experts have to say.

spoke to three financial experts about the idea of investing in meme stocks. Each say it’s not something they’d recommend. whose account on social media platform X posted a cryptic image after three years of inactivity. The tweets sent companies like GameStop and IBM stock could benefit. The post Canada Is About to Spend $2 Billion on Homegrown AI: 2 Stocks to Reap the Benefits appeared first on The Motley Fool Canada.

Forget Magnificent Seven: Hedge Funds are Pouring Money Into This Utility Stock to Cash In On AI Boom We recently analyzed the top utilities stocks hedge funds are buying to profit from the AI-led boom in the industry. Since Vistra Corp. was part of the list, the stock deserves a deeper look. But first, let’s see why everyone’s taking about AI catalysts for utilities stocks these days. The AI revolution that started with -- Investors up and down Toronto’s Bay Street are increasingly betting on a June rate cut in Canada, potentially giving a boost to Canada’s long-suffering bank stocks.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Indigo shareholder meeting Shareholders of Indigo Books & Music will meet on Monday morning to vote on a deal that would see the company taken private by Trilogy Retail Holdings Inc. and Trilogy Investments L.P. Trilogy is owned by Onex Corp. founder and chairman Gerald Schwartz, who holds 56 per cent of Indigo’s shares.

-- China’s domestic AI chipmakers are making fast progress in closing the gap on international leaders, according to SenseTime Group Inc. co-founder Xu Bing.

 

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