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People sit outside the TMX Market Centre in Toronto, Wednesday, Sept. 11, 2024. THE CANADIAN PRESS/Paige Taylor White · The Canadian Press Yield-hungry investors will keep flocking to Canadian dividend stocks through the end of 2025, according to CIBC Capital Markets. Shares of Canadian banks, insurers and pipeline companies are expected to benefit the most from a slower-than-expected “yield trade” away from GICs (guaranteed investment certificates). GICs, typically issued by banks, insurance firms and trust companies, offer a guaranteed return over a fixed timeframe. They surged in popularity when the Bank of Canada (BoC) began raising its trend-setting policy rate…

Noah Capozza decided to divert his extra money into a share portfolio rather than pay down his HECS and the money to be made can be staggering. (Source: TikTok/Link Wealth) Australians with HECS debts are being urged to reconsider putting extra money towards their student loans. While it might make sense to chuck extra cash at your HECS to pay it off sooner, you could be in a much better position if you put your money elsewhere. That’s what Noah Capozza has done with his $60,000 loan. The Link Wealth financial advisor told Yahoo Finance investing your cash can leave…

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: The S&P 500 (^GSPC) notched five record highs in as many trading days last week, capping off what’s now a 28% rally since reaching this year’s lows on April 8. This V-shaped recovery in the benchmark index marks the second-fastest rebound from a drawdown of at least 19% in the last 75 years, according to data from Creative Planning’s chief strategist Charlie Bilello. A massive move in the index from a low of 4,987 to Friday’s closing price…

Wall Street analysts were bullish on Alphabet stock following the Google parent’s earnings, as Search revenue continued to climb despite fears of AI displacing the dominant search engine. “Another stable qtr for Search results increases our confidence in the AI transition and should ease concerns on a potential revenue reset,” Bank of America analyst Justin Post wrote in a note. Post raised his price outlook on Google shares to $217 from $210. Post and other analysts noted that AI Overviews helped drive 10% more Search queries for the types of searches that the AI is used for. The Overviews has…

The crypto industry has emerged triumphant in the first half of 2025. Investors kicked off the year optimistic about the Trump administration’s crypto-friendly stance, including talk of a strategic bitcoin reserve. But enthusiasm wavered early on, after the launch of Trump- and Melania-themed meme coins stirred controversy during a pivotal time for the crypto world. Momentum returned with the appointment of Paul Atkins as SEC chair and the introduction of a dedicated crypto czar, helping push bitcoin to record highs just below $112,000. A sharp sell-off followed Trump’s April 2 “Liberation Day” tariffs, briefly cooling sentiment. But as June closes…

South Korea is looking for an extension to the July 9 tariff deadline as talks continue. The US has raised concerns over non-tariff barriers and broader defence. South Korea is not the only country looking to reach a deal with the US before the tariff deadline on July 9. “It seems some countries will reach a deal by July 8, some might be granted an extension to continue negotiations, while others will decide if they want to continue negotiating under tariffs or not,” the South Korean official told a briefing. Here’s how some of the other trading partners are managing…

The S&P 500 (^GSPC) is back at an all-time high for the first time since February as optimism around Federal Reserve interest rate cuts and fading fears of tariffs have driven stocks higher. In the final full trading week of June, the S&P 500 rose 3.5%, while the Nasdaq Composite (^IXIC) rose more than 4.1%. Both indexes ended the week at all-time highs. Meanwhile, the Dow Jones Industrial Average (^DJI) added about 3.8%. The June jobs report will headline the first week of July. Fresh readings on job openings and wage data, as well as manufacturing and services activity, will…

Circle’s (CRCL) massive rally shows no signs of cooling. The stablecoin issuer soared as much as 15% in early trading on Friday, extending its stunning post-IPO surge as Wall Street bets big on crypto’s next major disruptor. “Circle as a top-tier crypto ‘disruptor’ with a sizeable future opportunity,” Seaport Research Partners analyst Jeff Cantwell wrote on Friday. “On the back of an improving regulatory climate, we expect adoption globally of stablecoins such as USDC,” he added. Cantwell initiated the stock with a Buy rating and a price target of $235 a share from Seaport Research Partners. During mid-morning trading on…

It was another dream week for the crypto world. Here’s what happened. A few days back, the Senate passed a bill that would establish a federal framework for dollar-backed cryptocurrencies known as stablecoins. While this bill, known as the GENIUS Act, still needs approval from the House and President Trump, its swift progress has already been lauded by the crypto industry as a major step toward opening the doors for stablecoins to be used more widely in traditional financial services. Shares of Circle (CRCL), issuer of the world’s second-largest stablecoin (USDC), closed Friday with an 80% gain through the week.…

Wall Street strategists aren’t scared of a summer slowdown for stocks despite some indications of a cooling labor market and slowing economic activity. In the past month, several strategists have defended their S&P 500 year-end targets in the range of 6,300 to 6,500, noting that the most dire outcomes from tariffs may no longer be on the table. On Monday, the benchmark index was trading around 6,010, about 2% from the record closing high. In a note titled “Don’t fight it,” Morgan Stanley chief investment officer Mike Wilson pointed out that a “moderate slowdown in growth” was likely already priced…