Blog

NVIDIA, the global producer of graphics processors and chips for artificial intelligence (AI), announced its quarterly financial results on Wednesday, beating all expectations and records. The rapid growth of this company is accompanied by a new industrial revolution in which AI is to play a major role. Is this trend sustainable or is it just a bubble that may soon burst?

The International Energy Agency (IEA) has revised its forecast for global oil demand growth for the rest of 2024, with OECD (Organisation for Economic Co-operation and Development) countries contributing to the reduction, led by Europe. However, demand for this energy commodity is expected to increase in the near term, mainly due to renewed economic growth at some major importers. However, the forecasts of the IEA and the cartel of the biggest oil exporters diverge.

Canada is considered a developed country with a stable and friendly environment for investors. Assets denominated in Canadian dollars are largely riding the wave of Canada's neighbourhood with the United States. This is also matched by the return on investment in technology companies, which have been the top performers on the Toronto Stock Exchange over the past five years.

Something extraordinary happened on the European markets this week as STOXX 600 and other European indices reached their all-time high. Economic growth in Europe is faster than expected, and with strong financial performances by companies across sectors and the prospect of a June interest rate cut by the European Central Bank (ECB), a new market rally reigns on the old continent.

Legendary British luxury car manufacturer, Aston Martin, announced its results for the first quarter of 2024, which brought an unpleasant surprise. In fact, the stock has been in the red since it went public. After the announcement that the company's losses had doubled, the stock plummeted even further.* However, hope for change comes from a new CEO.