
Airlines add routes to Atlantic Canada as U.S. travel demand drops

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Globe and Mail
an hour ago
- Globe and Mail
Should You Invest $10,000 in Nvidia Stock Right Now?
Key Points Data center capital expenditures are reaching record highs. A significant portion of data center spending is allocated to equipping them with Nvidia GPUs. 10 stocks we like better than Nvidia › Nvidia (NASDAQ: NVDA) has been an excellent stock to own over the past few years, as the company has gained the status of having the largest market capitalization in the world. However, given the stock's impressive performance, many investors are likely wondering if there's still room for Nvidia to run. After all, the stock has risen by around 1,000% since the start of 2023. Is investing $10,000 in Nvidia right now a waste of money? Or is it a brilliant investment decision? I think the answer is clear, and there's one long-term trend that guides that conclusion. Nvidia has risen alongside AI demand Nvidia manufactures graphics processing units (GPUs), which are specialized computing devices that can perform multiple calculations in parallel. GPUs were originally designed to process gaming graphics -- some of the most arduous workloads computers saw almost three decades ago. They excelled in this area, but quickly found other uses such as engineering simulations, cryptocurrency mining, and drug discovery. Still, their biggest use case has just emerged: AI training. GPUs can handle a wide range of workloads and process them efficiently, making them ideal for feeding various datasets to train an AI model. Additionally, GPUs can be connected in clusters to amplify computing power, a strategy that AI hyperscalers have taken to the extreme by building AI training clusters with 100,000 or more GPUs. Nvidia dominates the GPU market with a 90% market share. This dominance has enabled it to charge a premium price for its product, resulting in profits that far outpace revenue growth. NVDA Revenue (TTM) data by YCharts This combination has enabled Nvidia's stock to soar since the AI revolution began in 2023. But is there more upside? Data center capital expenditures will push Nvidia's stock higher We've yet to scratch the surface of what an AI-first business environment looks like. As a result, the AI hyperscalers are building data centers at an unprecedented rate to meet the demand. Every AI hyperscaler has announced record capital expenditures for 2025, with most of that money being allocated to data centers. Although this spending may be earmarked for 2025, building a data center is a multiyear process, so we can expect record capital expenditures to continue for the next few years. This directly aligns with a third-party market study that Nvidia cited during its 2025 GTC event, which projected global capital expenditures on data centers to rise from $400 billion in 2024 to $1 trillion by 2028. In 2024, Nvidia generated $115 billion in revenue from its data center division, which earns it a healthy slice of the data center capital expenditure pie. If Nvidia can maintain its market share within the data center space, it could generate nearly $300 billion in revenue from data centers alone. Considering that Nvidia's trailing-12-month revenue total is just shy of $150 billion, this indicates a significant amount of upside remains in Nvidia's stock. Although it has been a top performer for multiple years, Nvidia has earned that title. Additionally, there is plenty of growth left in the pipeline to continue fueling Nvidia's rise. While it is unlikely to return another 1,000% from here, I believe there is still sufficient growth potential in the data center space, allowing for market-beating returns to be achieved. Should you invest $1,000 in Nvidia right now? Before you buy stock in Nvidia, 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 Nvidia 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 $671,477!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,010,880!* Now, it's worth noting Stock Advisor 's total average return is1,047% — a market-crushing outperformance compared to180%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 July 7, 2025


Globe and Mail
an hour ago
- Globe and Mail
The Median Retirement Savings for American Households is $87,000. Here Are 5 Incredible Investments to Buy Now and Hold for Decades.
Key Points Americans aren't saving enough for retirement. Here are three exchange-traded funds to build your nest egg around. Complement them with top-notch individual stocks, such as this AI leader, plus a cryptocurrency to protect against inflation. 10 stocks we like better than Vanguard S&P 500 ETF › Despite the remarkable U.S. economy, Americans are falling dramatically short of their retirement goals. According to research by The Motley Fool, most Americans are saving and investing in a retirement account, but just 34% believe that they're on track to hit their goals. The study found that the median U.S. household has just $87,000 saved, with the typical household reaching a peak of around $200,000 between the ages of 65 and 74. 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 » If you're still working, a diversified investment portfolio can help you change your financial trajectory, even if you're starting later than you had hoped to. Here are five incredible investments to consider for your long-term portfolio that could help move the needle for your retirement over the coming decades. Consider buying and holding them today. 1. An ETF you can build your retirement around For quick and straightforward portfolio diversification, consider exchange-traded funds (ETFs). These are collections of individual stocks that trade under a single ticker symbol. Among them, it's hard to beat the Vanguard S&P 500 ETF (NYSEMKT: VOO). This ETF tracks the S&P 500, an index of 500 prominent U.S. companies. Investing in this ETF provides exposure to various market sectors and industries. The S&P 500 adheres to strict selection criteria that help maintain its quality. Its system works. The S&P 500 is arguably the most proven wealth-building machine of all time, making it a no-brainer to include in your retirement portfolio. 2. Casting a wider net, this ETF offers instant diversification Diversifying your portfolio goes beyond the companies and industries you invest in. It also includes geographic markets. Therefore, you should consider an ETF such as the Vanguard Total World Stock ETF (NYSEMKT: VT), a global stock market ETF with over 9,700 individual stocks from almost every industry across various countries. It represents an investment in the broader global economy, which is crucial because there may be times when the U.S. stock market stumbles or lags behind other countries. This ETF pairs nicely with the Vanguard S&P 500 ETF as a foundation for your nest egg that should last as long as you need it to. 3. This innovation ETF should also help grow your nest egg Now, it's time to look to growth to help your money compound over the coming decades. Consider the Invesco QQQ Trust (NASDAQ: QQQ) a fantastic starting point. This ETF tracks the Nasdaq-100, an index with a heavy focus on technology stocks. It provides abundant exposure to the "Magnificent Seven" stocks, which lead the way in artificial intelligence (AI), cloud computing, e-commerce, digital advertising, and other high-growth industries. This fund can be more volatile, but it has outperformed the S&P 500 over its lifetime. That may not always be the case, but the world is becoming increasingly tech driven, making the Invesco QQQ an excellent way to bet on innovation as a whole. 4. A leading AI stock that could boost your portfolio's results It's fine to sprinkle in some individual stocks after you have built a foundation for your portfolio. AI could create trillions of dollars in economic value down the road, making it perhaps the most important growth story you can invest in right now. Nvidia (NASDAQ: NVDA) has already established itself as an AI powerhouse. It's the dominant leader in supplying chips used to train and run AI models in data centers. Nvidia continues to grow as companies invest billions to build data centers, and experts predict that these expenditures could amount to trillions of dollars over the coming years. Beyond that, Nvidia could also play a part in emerging AI-driven technologies, such as autonomous vehicles and humanoid robotics. Nvidia is a total package that should continue to thrive, considering the AI era is only just beginning. 5. Hedge for inflation with the flagship cryptocurrency President Donald Trump recently signed his "One Big Beautiful Bill" into law, officially raising America's debt ceiling. It's another sign that the U.S. government figures to continue spending to support its interests, a long-standing pattern that has steadily increased the country's debt. As a result, it may be worthwhile to include some anti-inflationary investments in your portfolio. Bitcoin (CRYPTO: BTC) is the largest and most prominent cryptocurrency. Its status and capped maximum supply have resulted in staggering price appreciation that has easily outpaced the stock market for years. Alternatively, if you're skeptical of cryptocurrencies, consider investing in gold, which remains a popular hedge against inflation to this day. Either way, having some anti-inflationary investments is yet another way to cover all your bases and mitigate risk. Should you invest $1,000 in Vanguard S&P 500 ETF right now? Before you buy stock in Vanguard S&P 500 ETF, 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 Vanguard S&P 500 ETF 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 $671,477!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,010,880!* Now, it's worth noting Stock Advisor 's total average return is1,047% — a market-crushing outperformance compared to180%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 July 7, 2025


Globe and Mail
2 hours ago
- Globe and Mail
Mogo Acquires 9% Stake in Bitcoin & Gold Treasury Company Digital Commodities Capital Corp.
Mogo Inc. ('Mogo' or the 'Company') (NASDAQ: MOGO; TSX: MOGO), a Canadian fintech on a mission to build the future of intelligent finance, empowering consumers to grow wealth through innovative financial products and a capital strategy anchored by Bitcoin, today announced it has completed a strategic investment of approximately 9% in Digital Commodities Capital Corp. ('Digital Commodities') (CSE: DIGI; OTCQB: DGCMF). Digital Commodities is a publicly listed investment issuer building a differentiated capital platform, primarily focused on acquiring and holding Bitcoin and physical gold. These hard, non-fiat assets serve as the foundation of the company's treasury strategy and are intended to function as long-term reserves managed with discipline and transparency. 'We believe Digital Commodities is building something foundational, an asset-backed public company model built on Bitcoin and gold,' said Greg Feller, President & Co-founder of Mogo. 'That's a category-defining strategy we're excited to be aligned with as both operators and long-term believers in Bitcoin.' 'We're equally excited to work with Brayden Sutton and his team, who bring deep conviction, vision, and expertise to this emerging asset class,' added Greg Feller. Digital Commodities' model is inspired by sound money principles and designed to offer public market investors access to the two most enduring stores of value in history, without dilution through operating businesses or speculative diversification. Mogo's investment reinforces the company's momentum and positions it to scale its hard asset balance sheet model in public markets. Mogo's $1 million investment was made as part of Digital Commodities' non-brokered private placement and consisted of a subscription for 13.3 million units priced at $0.075 per unit. Each unit of Digital Commodities consists of one common share and one warrant to purchase a common share exercisable at $0.10. This investment will be held alongside Mogo's other crypto-related investments, including its minority stake in Gemini, further advancing its strategic exposure to Bitcoin and the broader digital asset ecosystem. This also supports Mogo's broader vision as a dual-compounding platform, combining a high-growth fintech operating business with a strategic Bitcoin treasury. Earlier this month, Mogo announced board authorization to allocate up to $50 million to Bitcoin, reinforcing its long-term conviction in hard assets as the cornerstone of capital preservation and growth. About Mogo Mogo Inc. is on a mission to build the future of intelligent finance, empowering consumers to grow wealth through a suite of innovative financial products and a capital strategy anchored by Bitcoin. The company's platform combines digital wealth management and lending with a growing commitment to hard asset capital allocation. Mogo is publicly listed on the NASDAQ and TSX. Digital Commodities is a public investment issuer building a differentiated capital platform, primarily focused on acquiring and holding Bitcoin and physical gold. The Company's mission is to establish a hard, non-fiat asset base and manage it with discipline, leveraging these assets as functional reserves in pursuit of long-term value creation. All capital decisions are guided by a sound money philosophy.