Americans Roll into Shortened Thanksgiving Week

Monday

U.S.

Featured Earnings

Agilent Technologies Inc. (NYSE:A) (Q4) EPS estimates for $1.39, compared to $1.21 in the prior-year quarter.

Dell Technologies Inc. (NYSE:DELL) (Q3) EPS estimates for $1.30 compared to $2.37 in the prior-year quarter.

Zoom Video Communications Inc. (NASDAQ:ZM) (Q3) EPS estimates for 84 cents, compared to 81 cents in the prior-year quarter.

Canada

Featured Earnings

Rio2 Limited (T.RIO) (Q3) EPS estimates for loss of one cent, identical to the prior-year quarter.

Tuesday

U.S.

Featured Earnings

Medtronic plc (NYSE: MDT) (Q2) EPS estimates for $1.28, compared to $1.32 in the prior-year quarter.

Analog Devices Inc. (NASDAQ:ADI) (Q3) EPS estimates for $2.58, compared to $1.73 in the prior-year quarter.

Autodesk Inc. (NASDAQ:ADSK) (Q3) EPS estimates of $1.07 compared to $1.11 in the prior-year quarter.

Canada

Economic Lookahead

Retail Trade (Sept.) Retail sales increased 0.7% to $61.8 billion in August.

Featured Earnings

Hamilton Thorne Ltd. (T.HTL) (Q3) EPS estimates for … Read more

Top Ways to Invest in a Potential $12.1 Billion 3D Modeling Market

Investors may want to pay close attention to the 3D mapping and modeling market. The global visualization and 3D rendering software market is set to total $6.3 billion in 2026, up from $2.9 billion in 2022, according to Global Industry Analysts. Businesses will rely heavily on visuals to meet customer expectations. Coresight Research analysis reports that the rapid rise of e-commerce, social channels and the metaverse has led to a constantly growing need in retail for product visuals across digital shopping channels and formats. Compared with photorealistic CGI, traditional photography is more expensive, time consuming and logistically complex. Photorealistic CGI makes quicker speed to market possible by using 3D models, which enables easier editing and adjustment of assets, even at later stages. It is even possible to create images of product content without physical product content. Photorealistic CGI also helps brands and retailers reduce product returns by providing customers a … Read more

Top Climate Stocks to Consider Heading into New Year 2023

With a new $370 billion clean energy and climate deal, keep an eye on green stocks heading into New Year 2023. Analysis “suggests the measures would reduce US carbon emissions by up to 40% by 2030. Strong climate regulations from the Biden administration and action from states would be needed to get to Biden’s goal of cutting emissions 50% by 2030,” says CNN. “The bill also contains many tax incentives meant to bring down the cost of electricity with more renewables, and spur more American consumers to switch to electricity to power their homes and vehicles.” That could also be beneficial for companies, such as Northstar Clean Technologies (TSXV: ROOF) (OTCQB: ROOOF), which is focused on the sustainable recovery and reprocessing of asphalt shingles. Other shingles stocks to be aware of in the market include Owens Corning (NYSE: OC), Lowe’s Companies (NYSE: LOW), Beacon Roofing Supply Inc. (NASDAQ: BECN), and … Read more

CAD / USD – Canadian dollar looking for direction

– Comments from Fed Vice Chair stoke risk sentiment

– European and German ZEW Survey data boost EURUSD

– US dollar grinds higher overnight

USDCAD snapshot open 1.3271-75, overnight range 1.3252-1.3324, close 1.3316,

WTI $85.06, Gold $1776.78

The Canadian dollar tested both sides of its recent trading range in an

uneventful, but choppy overnight session.

Canadian dollar direction continues to be determined by global risk

sentiment which flipped to mildly positive overnight despite weaker than

expected Chinese economic data.

Chinese Industrial Production ticked down to 5.0% y/y from 6.3%, while

Retail Sales fell 0.5% y/y compared to a 2.5% increase in September. The

news wasn’t a total shock as renewed Covid lockdown measures took a toll.

US President Joe Biden’s meeting with Chinese President Xi Jinping is

thought to be a success, mainly because existing tensions were not inflamed

further. Biden assured Jinping that the US policy was unchanged while … Read more

Polaris Flat on Subsidiary Milestone

Polaris Inc. (NYSE: PII) shares poked ahead Tuesday, on news its Polaris Adventures arm reached a milestone of one million customer rides as it brings the adventure offered by powersports vehicles to an ever-growing audience. Due to its ongoing and the growing popularity of adventure tourism, Polaris Adventures recently opened an Outfitter location in Mexico and is expanding to New Zealand later this month.

In October, Polaris Adventures added its first international location with an off-road Outfitter in Todos Santos, Mexico, on Mexico’s Baja California Peninsula. This month, Polaris Adventures will expand to Wanaka, New Zealand with the opening of an Indian Motorcycle Rentals location. Situated at the southern end of Lake Wanaka, Wanaka is a resort town in the Otago region of the South Island, an area known for breathtaking roads that run from coastline through mountain passes.

“Adventure tourism is one of the fastest-growing segments within the tourism … Read more