Water scarcity in Gatun Lake has halted operations, impacting the 180 million+ tons moved yearly. With vessel restrictions until April 24, fears of prolonged disruptions and $700 million in toll fee losses loom. #PanamaCanal #SupplyChain #ClimateChange medium.com/illumination/n…

Suncor Energy : SU | YTD 2024 Analysis 🔹Cumulative Return: 22.31% 🔹With a Sharpe Ratio exceeding 3, this stock has delivered strong returns relative to its risk. 🔹In over 50% of days in 2024, the stock has shown positive gains. #TSX #Canada #Oil #energy #suncor

Congratulations RBC iShares on the launch of 6 RBC U.S. Target Maturity Corporate Bond ETFs on #TSX! These new U.S. target maturity bond #ETFs will invest in U.S. corporate bonds with maturities ranging from the year 2025 to 2030. Learn more: rbcgam.com/en/ca/about-us… RBC Global Asset Management

Buffett eyes Canada for investment #Buffett #Canada #investincanada #growth linkedin.com/news/story/buf…

In 2024, global telecommunication services spending is expected to amount to 1.55 trillion U.S. dollars, an increase of over 4 percent on the previous year. This would amount to the highest annual spending figure since 2012. #Telecom #telecomoperators #investment

Canadian Bank Revenue Trends 2015-2023 📊 RBC consistently leads, reaching ~55Bn CAD in 2023. 📊 TD Bank shows steady growth, nearing 50Bn CAD in 2023. 📊Scotiabank maintains solid performance, exceeding 30Bn CAD in 2023. #Canada #Banking #RBC #TD #scotiabank

On May 28, 2024, oil prices stood at $84.23 for Brent crude, $79.83 for WTI, and $84 for the OPEC basket. These benchmarks are key for traders. The rise since March is due to growing geopolitical tensions in the Middle East. #OilPrices #BrentCrude #WTI #OPEC

Ericsson 24 Q2 Report Review Ericsson 🔵Sales declined -7% YoY. Reported sales were SEK 59.8 (64.4) b. 🔵Net income (loss) was SEK -11.0 (-0.6) b, including a SEK -11.4 b. impairment impact. 🔵Employees on June 30, was 97,985 (99,140 on Mar 31) #telecommunications #telecom

Dell’Oro estimates that the global RAN equipment market will decline by -5% to -8% (-4%) in 2024. North America is expected to grow by 5% to 15% (10% to 20%), Europe to decline by -5% to -15% (0% to -5%) and Mainland China to decline by -5% to -10% (-5% to -10%). #telecom

Major stock indices, like S&P 500, Dow Jones, and Nasdaq, are key indicators managed by global exchanges. #NASDAQ #SPX #DJI #tsx #NI255 #USMarket #StockMarket #stockmarketcrash

Wall Street opened sharply down after weak jobs data, raising fears of a downturn. 🔴Tech stocks took a hit, with Nasdaq down 3.1%. 🔴Japan's market saw its largest point drop in history. 🔴Markets in Taiwan, South Korea, India, Australia, Hong Kong, and Shanghai also tumbled.

This is truly insane: On February 20, JP Morgan CEO Jamie Dimon sold $234 million worth of $JPM stock. On February 22, Warren Buffett disclosed a record $334 BILLION cash balance. 30 trading days later, the Nasdaq 100 crashed -24%. How did they know? (a thread)

📉 Exports to the U.S. fell 3.6% in Feb (-$2.1B) after 3 months of gains & a record Jan 📈 Imports from the U.S. rose 2.5% 🇨🇦🇺🇸 Canada’s trade surplus with the U.S. dropped from $13.7B (Jan) to $10.6B (Feb) #CanadaUSTradeWar #Canada #CanadaStrong

Chinese purchases of American oil are down -90% Y/Y, while Chinese purchases of Canadian oil are up +700% Y/Y. That’s a $20B annual loss for the United States at $60/barrel.

Q1 GDP came in weak (-0.3% QoQ). 💡 Consumers outperformed, esp. in services. 📈 Business investment strong. 📉 Trade & gov spending dragged. 🔥 Inflation still running hot (GDP deflator +3.7%) Pre-tariff distortions lead to wider trade gap. #USEconomy #GDP #Inflation4o