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The End of Stay at Home Stocks

By Runisan Natheeswaran, Staff Writer The Covid-19 pandemic, responsible for the rise of “pandemic stocks”, is still ongoing, but gains pandemic stocks have previously made are now vanishing. The past week, major profile lockdown stocks Netflix Inc. (NFLX) and Peloton Interactive Inc. (PTON) have taken a tumble, Shares of Netflix fell 21.8% Friday, its worst day since July 25, 2012, after fourth-quarter earnings reports revealed … Continue reading The End of Stay at Home Stocks

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Netflix Stock Streams Downwards

By Ethan Currie, Staff Writer Netflix (NFLX) stock fell 21.79% late last week, to $397.50 per share, down from $508.25. The streaming giant, valued at roughly $230 billion prior to Thursday’s Q4 2021 earnings report, plummeted to a market cap of just over $176 billion by end-of-day Friday. Despite having over 220 million global subscribers, Netflix reported slightly lower-than-expected membership growth. This, in combination with … Continue reading Netflix Stock Streams Downwards

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Shopify Goes Supersonic

By Isabella Diez, Co-President Emerging as a small snowboard retailer, Shopify has now grown into an international billion-dollar company, and some say is now a direct competitor to the powerful Amazon.  Shopify Inc. is an online platform that assists customers with setting up the infrastructure required to run an e-commerce business. The company offers various capabilities, from selling and shipping products to gathering information on … Continue reading Shopify Goes Supersonic

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Microsoft Makes a Move

By Jawad Abbas, Staff Writer On January 18th, 2022, Microsoft announced its ambition to acquire Activision Blizzard in a $68.7 billion deal. The tech giant has been making leaps and bounds as it strives to make changes in the gaming scene today and catch up to its Japanese counterpart, Sony. Many are familiar with the ongoing rivalry between Xbox and Playstation. The gaming giants have … Continue reading Microsoft Makes a Move

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Inflation Winners and Losers

By Forrester Sorensen, Staff Writer After weathering the initial economic storm brought on by the Covid-19 pandemic, Canada and the U.S. must face a new beast that has surfaced for the first time in decades: inflation. Inflation is defined by Investopedia as “the rate at which the value of a currency is falling and, consequently, the general level of prices for goods is rising.” In … Continue reading Inflation Winners and Losers

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Questions Remain Around Gamestop Phenomenon

By Tony Jiao, Staff Writer At this point, anyone even remotely involved in finance will have heard of Gamestop’s wild ride over the past year. However, despite many expert opinions and analyses, very few answers have been put forth to explain Gamestop’s erratic price action almost exactly a year ago. With the anniversary of Gamestop’s rise to nearly $500 a share looming on the horizon, … Continue reading Questions Remain Around Gamestop Phenomenon

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Central Banks Take on Climate Change

By Johanna Fernandes, Staff Writer  Central Banks are mandated to support the financial and economic welfare of their countries. While they acted as a lifeline for the financial system over the pandemic, this year brings a hawkish pivot as leading economies overheat with unprecedented inflation. However, the ever-growing recognition of climate change and the overheating planet also spur considerable risk to financial stability.  Central Banks … Continue reading Central Banks Take on Climate Change

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Tech Stocks Take a Tumble

By Jonathan Paglialunga, Director of Operations With the start of 2022 just beginning, United States Technology Stocks are seeing the worst performance at the start of a year since 2016, fueled by runaway inflation and its detriment to the industry’s future.  Reaffirmed by this trend, the Nasdaq 100 index, which includes many colossal technology stocks, is down more than four percent this year. Even the … Continue reading Tech Stocks Take a Tumble

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Christmas in Canada by the Numbers

By Ethan Currie, Staff Writer Snow is falling, temperatures are dropping, and Santa Claus is coming to town, meaning the festivities of Christmas are right around the corner. Despite the holidays’ emphasis on family celebration, and Mariah Carey’s modest gift list, the season has a tremendous financial impact; on individuals, small businesses, and the overall Canadian economy. Every year, December highlights new changes and trends … Continue reading Christmas in Canada by the Numbers

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Christmas Tree Crisis

By Isabella Diez, Co-President Supply chain issues are having an affect on holiday shopping and are also causing shortages of another Christmas season necessity – the Christmas tree.  Canada is currently experiencing a Christmas tree shortage which may cause disappointment for some consumers this Christmas season. These shortages are due to a number of factors: disruptions in the supply chain, climate change, increases in demand, … Continue reading Christmas Tree Crisis