Polar bear, lynx, cougar: This for-sale B.C. cabin is a taxidermist's dream
A seven-bedroom log cabin with an extensive taxidermy collection is now on the market. (Courtesy: Sotheby's International Realty)
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Globe and Mail
27 minutes ago
- Globe and Mail
Why Shopify Stock Popped Today
Shares of North America's leading commerce enabler, Shopify (NASDAQ: SHOP), were 6% higher as of 3:30 p.m. ET Friday, according to data provided by S&P Global Market Intelligence. This rise stems from an analyst at Wells Fargo raising their price target on the stock from $107 to $125, naming Shopify a "signature pick." Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » Although Nvidia, Palantir, OpenAI, and others capture most of the artificial intelligence (AI) fanfare, the analyst believes Shopify could prove to be a thematic AI story -- and I'd agree. A burgeoning AI juggernaut? In April this year, a leaked memo from Chief Executive Officer Tobi Lütke went viral. In it, he stated, "Before asking for more headcount and resources, teams must demonstrate why they cannot get what they want done using AI." Although this focuses on incorporating AI into Shopify's operations, the quote highlights that AI will be at the heart of what the company does going forward, whether internally or through its products. In 2023, the company launched Shopify Magic, a toolbox of AI-powered solutions (think AI-generated product descriptions or email campaigns, automated chat help, or image editing). Then, it launched Sidekick -- an AI-driven commerce assistant -- in 2024 to help with areas such as inventory optimization, pricing strategies, and gathering business insights. Just last quarter, Shopify launched This tool enables merchants to source products more effectively, allowing them to navigate the complex tariff environment in real time. Adding over 600 new product features for its merchants in the last two years alone, Shopify appears likely to remain an AI innovator rather than a disruptee, in my opinion. Though Shopify stock isn't cheap at 83 times cash from operations, its growth potential remains massive, holding only a 2% market share in its core geographies. Should you invest $1,000 in Shopify right now? Before you buy stock in Shopify, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Shopify wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $674,395!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $858,011!* Now, it's worth noting Stock Advisor 's total average return is997% — a market-crushing outperformance compared to172%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 2, 2025
Globe and Mail
an hour ago
- Globe and Mail
Stocks Finish Sharply Higher on a Resilient US Labor Market
The S&P 500 Index ($SPX) (SPY) Friday closed up +1.03%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +1.05%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.99%. June E-mini S&P futures (ESM25) are up +1.04%, and June E-mini Nasdaq futures (NQM25) are up +0.99%. Stock indexes rallied sharply on Friday, with the S&P 500 posting a 3-1/2 month high and the Dow Jones Industrials posting a 3-month high. Stocks settled sharply higher after Friday's better-than-expected US May employment report alleviated concerns of an economic slowdown. Also, the resumption of US-China trade talks gave stocks a boost after President Trump said that US and Chinese negotiators will resume trade talks on Monday in London. Tesla rose more than +3% Friday after plunging -14% on Thursday when President Trump proposed ending government contracts and subsidies for Elon Musk's companies. Shares of Tesla recovered Friday when Musk, who triggered the public feud by criticizing President Trump's tax bill, signaled he's keen to dial down the hostility. US May nonfarm payrolls rose +139,000, stronger than expectations of +126,000, although Apr nonfarm payrolls were revised lower to +147,000 from the previously reported +177,000. The May unemployment rate remained unchanged at 4.2%, right on expectations. US May average hourly earnings rose +0.4% m/m and +3.9% y/y, stronger than expectations of +0.3% m/m and +3.7% y/y. US Apr consumer credit rose +$17.873 billion to a 4-month high, better than expectations of +$10.000 billion. Fed comments on Friday were mixed for stocks and bonds. On the bearish side, Cleveland Fed President Hammack said she'd rather wait for further clarity on the economic impact of a variety of policy changes before adjusting interest rates, and now "is not a good time to be preemptive." Conversely, Philadelphia Fed President Harker favors the Fed waiting before cutting rates and said, "I could see in the second half of the year, if things resolve themselves, and we start to see more clarity, and we continue to see inflation coming down to 2%, I could definitely see a rate cut in the offing." The markets are discounting the chances at 0% for a -25 bp rate cut at the next FOMC meeting on June 17-18. Overseas stock markets on Friday settled higher. The Euro Stoxx 50 closed up +0.36%. China's Shanghai Composite rose to a 2-week high and closed up +0.04%. Japan's Nikkei Stock 225 closed up +0.50%. Interest Rates September 10-year T-notes (ZNU2 5) Friday closed down -28.5 ticks. The 10-year T-note yield rose +11.9 bp to 4.510%. Sep T-notes on Friday gave up an early advance and fell to a 1-week low, and the 10-year T-note yield rose to a 1-week high of 4.512%. T-notes retreated Friday on the hawkish US May payroll report that showed a larger-than-expected increase in nonfarm payrolls and a larger-than-expected increase in average hourly earnings. T-notes added to their losses Friday on hawkish comments from Cleveland Fed President Hammack, who said she'd rather wait before adjusting interest rates. T-notes on Friday initially posted modest gains on carryover strength from a rally in 10-year German bunds. European government bond yields on Friday were mixed. The 10-year German bund yield fell -0.7 bp to 2.576%. The 10-year UK gilt yield rose +2.8 bp to 4.644%. Eurozone Q1 GDP was revised higher to +0.6% q/q and +1.5% y/, stronger than expectations of +0.4% q/q and +1.2% y/y. Eurozone Apr retail sales rose +0.1% m/m, weaker than expectations of +0.2% m/m. German Apr industrial production fell -1.4% m/m, weaker than expectations of -1.0% m/m. ECB Governing Council member Stournaras said, "The bar for another ECB rate cut is high, in July and beyond," and the ECB should pause its interest rate cuts to give officials a chance to assess recent shocks, particularly from trade. Swaps are discounting the chances at 27% for a -25 bp rate cut by the ECB at the July 24 policy meeting. US Stock Movers Chip makers moved higher on Friday to boost the broader market. Marvell Technology (MRVL) closed up more than +4%. Also, Analog Devices (ADI), Micron Technology (MU), and ARM Holdings Plc (ARM) closed up more than +2%. In addition, Applied Materials (AMAT), Lam Research (LRCX), KLA Corp (KLAC), Microchip Technology (MCHP), ON Semiconductor (ON), NXP Semiconductors NV (NXPI), Texas Instruments (TXN), and Qualcomm (QCOM) closed up more than +1%. Strength in the Magnificent Seven stocks was a positive factor for the overall market. Alphabet (GOOGL) closed up more than +3%, and (AMZN) closed up more than +2%. Also, Apple (AAPL), Nvidia (NVDA), and Meta Platforms (META) closed up more than +1%. In addition, Microsoft (MSFT) closed up +0.58%. Energy stocks and energy service providers moved higher on Friday after the price of WTI crude rose more than +1% to a 1-1/2 month high. APA Corp (APA) closed up more than +3%. Also, Chevron (CVX), Exxon Mobil (XOM), Haliburton (HAL), Baker Hughes (BKR), ConocoPhillips (COP), Devon Energy (DVN), Diamondback Energy (FANG), and Schlumberger (SLB) closed up more than +2%. Tesla (TSLA) closed up more than +3% after CEO Musk signaled he would cool tensions with President Trump following Thursday's dispute that sank Tesla stock by more than -14% when Musk called for Trump's impeachment and President Trump proposed ending government contracts and subsidies for Elon Musk's companies. QXO Inc (QXO) closed up more than +13% after Wolfe Research initiated coverage on the stock with a recommendation of outperform and a price target of $44. Quanex Building Products (NX) closed up more than +10% after reporting Q2 net sales of $452.5 million, stronger than the consensus of $439.3 million. Sarepta Therapeutics (SRPT) closed up more than +9% after Scotiabank upgraded the stock to sector outperform from sector perform with a price target of $80. Lululemon Athletica (LULU) closed down more than -19% to lead losers in the S&P 500 and Nasdaq 100 after cutting its full-year EPS estimate to $14.58-$14.78 from a previous estimate of $14.95-$15.15. Docusign (DOCU) closed down more than -18% after reporting Q1 billings of $739.6 million, below the consensus of $746.4 billion, and cutting its full-year billings forecast to $3.29 billion-$3.34 billion from a previous forecast of $3.30 billion-$3.35 billion, weaker than the consensus of $3.32 billion. Vera Therapeutics (VERA) closed down more than -25% after Japanese rival Otsuka gave results from a trial of its experimental therapy for kidney disease that was better than Vera's data. ServiceTitan (TTAN) closed down more than -6% after reporting a Q1 loss per share of -51 cents, a wider loss than the consensus of -37 cents. Mosaic (MOS) closed down more than -4% after cutting its Q2 phosphates sales volume forecast to 1.5 million to 1.6 million tons from a previous forecast of 1.7 million to 1.9 million tons, well below the consensus of 1.84 million tons. Broadcom (AVGO) closed down more than -4% despite reporting better-than-expected Q2 earnings after analysts' said its future forecast isn't seen as strong enough to extend the stock's recent strength. MercadoLibre (MELI) closed down more than -3% after Citigroup opened a 30-day downside catalyst watch on the stock, citing the potential risk the company is taking to improve pricing and preserve market share. Earnings Reports (6/9/2025) Borr Drilling Ltd (BORR), Calavo Growers Inc (CVGW), Casey's General Stores Inc (CASY), Gencor Industries Inc (GENC), Graham Corp (GHM), Hooker Furnishings Corp (HOFT), Limoneira Co (LMNR), NexPoint Diversified Real Estate Trust (NXDT).
Globe and Mail
an hour ago
- Globe and Mail
U.S. Wireless Speakers Market Growth Potential: $12.12 Billion Opportunity by 2030 – Exclusive Research Report by Arizton
Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2025–2030. According to Arizton's latest research report, the U.S. wireless speakers market is growing at a CAGR of 12.01% during 2024-2030. Report Scope: Market Size – Value (2030): $12.12 Billion Market Size – Value (2024): $6.14 Billion CAGR - Value (2024-2030): 12.01% Market Size – Volume (2030): 178 Million Units Historic Year: 2021-2023 Base Year: 2024 Forecast Year: 2025-2030 Market Segmentation: Connectivity, Design, Portability, Age Group, End-User, and Distribution Channel The US wireless speakers market is growing significantly due to the popularity of portable speakers, increased demand for customization and personalization, popularity of smart speakers, sustainability and eco-friendly designs, increased online music streaming, demand for smart home integration, increased outdoor activities and adventures, and immersive audio experience. The demand for modern wireless speakers with stylish and sleek designs is growing trendy from commercial spaces, as they complement commercial spaces. The demand for voice-enabled speakers is on the rise, as they can recognize voice and offer hands-free control over manual speakers. The popularity of devices, such as Amazon Echo and Google Home is on the rise across smart homes in the US. Key Developments In September 2021, Bose Corporation launched the Bose Smart Soundbar 900 in the US. The Smart Soundbar 900 has Wi-Fi, Bluetooth, Chromecast built-in, Apple Airplay 2, and Spotify Connect compatibility. The Soundbar 900 is an all-in-one device that replaces the Bose Smart Soundbar 700. In 2024, Apple-owned audio brand, Beats launched Beats Pill. The Beats Pill speaker's upgraded acoustic architecture delivers powerful, room-filling sound, greater bass, and improved tonality across the audio spectrum. The Beats Pill's streamlined design features a 20-degree upward tilt to help deliver sound waves towards your head, away from objects that might obstruct them. Surge in Music Streaming Drives Rapid Growth in U.S. Wireless Speakers Market The US wireless speakers market is experiencing remarkable growth, primarily fueled by the rise in online music streaming. With services like YouTube Music, Apple Music, and Spotify offering millions of songs, podcasts, and personalized playlists, consumers are turning to wireless speakers for enhanced audio experience. The increasing demand for high-quality, portable audio solutions is shaping the future of the market. Wireless speakers offer a seamless and convenient solution for music lovers, enabling them to stream content directly without the need for physical connections. As audio streaming services continue to evolve, offering high-resolution sound, consumers are seeking devices that can deliver superior audio performance. This demand is being met by advances in wireless technology that enable better sound quality and a more immersive listening experience. The portability of wireless speakers makes them ideal for on-the-go listening, whether during outdoor activities, while traveling, or in the comfort of one's home. The convenience of multi-room audio capabilities further enhances the appeal, allowing users to enjoy their music wherever they are. The music streaming industry continues to thrive, with the Recording Industry Association of America (RIAA) reporting an 8% increase in recorded music revenue in 2023, demonstrating a continued growth trend. As streaming platforms proliferate, so does the demand for wireless speakers, making it clear that wireless audio solutions are integral to the evolving music consumption landscape. Online Segment Leading the US Wireless Speakers Market Sales The online segment is emerging as the fastest-growing distribution channel in the US wireless speakers market, driven by e-commerce platforms, manufacturer websites, and online marketplaces. Offering competitive pricing, detailed product information, and a wide range of options across different brands and features, online platforms provide consumers with a convenient shopping experience. Retailers are leveraging targeted digital marketing, using demographic data and consumer behavior insights to effectively reach potential customers. Enhanced customer service features such as easy returns, live chat support, and comprehensive product details are further fueling demand. As a result, the online channel is expected to see significant growth in wireless speaker sales during the forecast period. Key Vendors Anker Amazon Apple Bose Corporation LG Logitech Marshall Group AB Samsung Sonos Sony Altec Lansing Alphabet Inc. Audio Pro AB Axess Products Corporation Bang & Olufsen Creative Technology Ltd. DEI Holdings DemerBox Denon DOSS Audio Edifier Elgin USA FUGOO Guangzhou AUSMAN Audio Co., iClever ION Audio Jam Klipsch Group Koninklijke Philips N.V., Lenovo LG Electronics Linn Products Limited Loud Audio, LLC Monster Store MPOW Naim Audio Onkyo Corporation Panasonic RCF Robert Bosch SDI Technologies, Inc. Sennheiser Skullcandy SoundBot SOUNDBOKS Supersonic The House of Marley Tribit VictSing Yamaha Corporation Segmentation & Forecasts Connectivity Bluetooth Wi-Fi By Design Waterproof Non-Waterproof Portability Portable Fixed Age Group Below 44 45 & Above End-User Residential Commercial Distribution Channel Offline Online The Arizton Advisory & Intelligence market research report provides valuable market insights for industry stakeholders, investors, researchers, consultants, and business strategists aiming to gain a thorough understanding of the U.S. wireless speaker market. Request for Free Sample to get a glance of the report now: What Key Findings Will Our Research Analysis Reveal? How big is the U.S. wireless speakers market? Which connectivity segment has the largest share in the U.S. wireless speakers market? Which portability segment provides more business opportunities in the U.S. wireless speakers market? Which age group segment holds the largest share in the U.S. wireless speakers market? Who are the major players in the U.S. wireless speakers market? Why Arizton? 100% Customer Satisfaction 24x7 availability – we are always there when you need us 200+ Fortune 500 Companies trust Arizton's report 80% of our reports are exclusive and first in the industry 100% more data and analysis 1500+ reports published till date Post-Purchase Benefit 1hr of free analyst discussion 10% off on customization About Us: Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services. We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts. Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
