Back to Search Start Over

Making sense of the markets this week: May 5, 2024.

Authors :
McCullough, Michael
Source :
MoneySense; 5/3/2024, p1-1, 1p
Publication Year :
2024

Abstract

This article from MoneySense provides an overview of recent market developments. It highlights the expansion of the Trans Mountain Pipeline, which is expected to benefit Canada's oil sands producers by reducing the discount paid for their product. Two major shippers on the pipeline reported first-quarter earnings, with Cenovus Energy exceeding expectations and Canadian Natural Resources facing challenges due to lower production and prices. The article also discusses the positive first-quarter results of technology giants Amazon and Apple, as well as the mixed performance of fast-food chains such as Restaurant Brands International and McDonald's. Additionally, it mentions the disappointing earnings of uranium miner Cameco Corp. Overall, the article provides a snapshot of recent market trends and company performances. [Extracted from the article]

Details

Language :
English
ISSN :
14881349
Database :
Complementary Index
Journal :
MoneySense
Publication Type :
Periodical
Accession number :
177056036