
Avante Corp. ( CVE:XX – Get Free Report )’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as C$1.24 and last traded at C$1.24, with a volume of 12500 shares trading hands. The stock had previously closed at C$1.20. Avante Stock Up 3.3 % The company has a 50 day moving average of C$0.96 and a 200-day moving average of C$0.81. The company has a debt-to-equity ratio of 10.80, a current ratio of 1.72 and a quick ratio of 2.77. The company has a market cap of C$33.03 million, a P/E ratio of -10.33 and a beta of 1.71. About Avante ( Get Free Report ) Avante Corp. develops security technologies, products, and solutions in Canada, the United States, Israel, Egypt, Italy, Kuwait, the United Kingdom, and internationally. The company provides system design, sales, installations, and monitoring services, including alarm response and patrols, personal protection, house staff training, and secure transportation. Further Reading Receive News & Ratings for Avante Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avante and related companies with MarketBeat.com's FREE daily email newsletter .Canada Carbon Inc. ( CVE:CCB – Get Free Report )’s share price was down 33.3% during mid-day trading on Friday . The company traded as low as C$0.01 and last traded at C$0.01. Approximately 859,726 shares traded hands during mid-day trading, an increase of 283% from the average daily volume of 224,190 shares. The stock had previously closed at C$0.02. Canada Carbon Stock Performance The company has a market capitalization of C$2.05 million, a PE ratio of -1.00 and a beta of 0.69. The company’s 50-day moving average is C$0.02 and its 200 day moving average is C$0.02. About Canada Carbon ( Get Free Report ) Canada Carbon Inc engages in the acquisition, exploration, and evaluation of natural resource properties in Canada. The company primarily explores for graphite deposits. It holds interests in the Miller property that covers an area of approximately 100 square kilometers located to the west of Montreal in the Grenville Township; and the Asbury Graphite property, which includes 22 claims covering an area of approximately 1,205.9 hectares located in the Laurentides region of southern Quebec. See Also Receive News & Ratings for Canada Carbon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canada Carbon and related companies with MarketBeat.com's FREE daily email newsletter .
Museum chronicling rich history of language, literature, and culture to open in Kerala’s City of LettersStocks opened higher Friday as investors cheered a round of generally upbeat earnings reports. However, enthusiasm – and those early gains – faded as Treasury yields climbed, though one of the three main benchmarks ended in positive territory. By the close, the Dow Jones Industrial Average was down 0.2% at 43,828, marking its seventh straight loss and longest losing streak since 2020, while the S&P 500 ended fractionally lower at 6,051. The Nasdaq Composite eked out a 0.1% gain to 19,926. The mid-morning reversal came as Treasury yields rose ahead of next week's Federal Reserve meeting . Indeed, the yield on the 2-year government note finished up 6.1 basis points at 4.247% and the 10-year gained 7.5 basis points to 4.399%. (A basis point equals 0.01%.) Subscribe to Kiplinger’s Personal Finance Be a smarter, better informed investor. Sign up for Kiplinger’s Free E-Newsletters Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail. Profit and prosper with the best of expert advice - straight to your e-mail. According to CME Group's FedWatch tool , futures traders are pricing in a 93% chance the Federal Open Market Committee (FOMC) will lower the federal funds rate by a quarter-percentage point Wednesday afternoon. "The problem seems to be that the growing conclusion is that the Fed will pause after that, with perhaps only one cut in the spring," says Louis Navellier, chairman and founder of Navellier & Associates . "This differs from central banks' moves in other countries, which have continued to cut rates." Navellier notes that if the Fed chooses to pause, it will do so because the economy is so strong. "That the Fed will still have plenty of room to cut if an unexpected slowdown occurs reduces ongoing systemic risk," he adds. Broadcom hits $1 trillion market cap after earnings, dividend hike The rising bond yields weighed on several mega-cap stocks, including Nvidia ( NVDA , -2.3%) and Meta Platforms ( META , -1.7%). However, they did little to slow Broadcom ( AVGO ), which surged 24.4% to top the $1 trillion market-cap level for the first time. Boosting the semiconductor stock was the chipmaker's better-than-expected fiscal 2024 fourth-quarter earnings report that showed solid demand for its artificial intelligence (AI) offerings. The highlight of AVGO's earnings report was its "messaging on its expanding AI opportunity," says UBS Global Research analyst Timothy Arcuri (Buy). "Hyperscale customers are leaning into custom ASIC programs with roadmaps that incorporate increasing levels of ethernet-based networking content with an eye towards super-scale million-XPU clusters – and all of this potentially translates into an AI SAM expansion of four to five times for AVGO over the next three years." Broadcom also issued a strong outlook for its fiscal 2025 first quarter and hiked its quarterly dividend by 11%. AVGO is already one of Wall Street 's best dividend growth stocks , having hiked its payout in each of the past 14 years. RH, Costco report solid earnings Elsewhere on the earnings calendar , RH ( RH ) stock surged 17.0% as the home furnishings retailer's upwardly revised fiscal fourth-quarter and full-year revenue outlooks offset a fiscal third-quarter miss. "We have worked hard to destroy the former version of ourselves and are in the process of unleashing what we believe is an exponentially more inspiring and disruptive RH brand, inclusive of the most prolific product transformation and platform expansion in the history of our industry," wrote RH CEO Gary Friedman in the company's shareholder letter . Costco Wholesale ( COST ) stock also gained ground after its quarterly results, rising 0.1% on the warehouse club's top- and bottom-line beats for its fiscal 2025 first quarter. COST's results were driven by increased traffic to its stores and double-digit growth in e-commerce sales. "COST continues to report favorable results, with a bottom-line beat even excluding the $100 million tax benefit," says Jefferies analyst Corey Tarlowe (Outperform, the equivalent of Buy). "Traffic led the enterprise core comp growth, operating margin expanded, and digital discretionary trends were robust. Looking ahead, we remain encouraged by COST's business model to report consistent top- and bottom-line growth ahead." Related content Why Uber Stock Is Volatile After GM's Cruise Announcement If You'd Put $1,000 Into Adobe Stock 20 Years Ago, Here's What You'd Have Today How to Find the Best Energy Stocks
The NASCAR Awards Banquet was initially a low-key affair, held in the basement of the Plaza Hotel in Daytona Beach, Florida. The private event was exclusively for Cup Series drivers and teams that finished in the top 10 in the final standings, along with executives from the sport, and remained closed to the media. In 1981, seeking a more glamorous setting, the ceremony relocated to the Waldorf Astoria in New York City. Then, in 2009, in an attempt to escape the frenetic pace of the holiday shopping season in The Big Apple, the awards banquet moved to Las Vegas. A decade later, in 2019, NASCAR opted for another change of scenery, moving the event to Nashville. It marked NASCAR’s return to Music City for the first time since the Nashville Superspeedway closed in 2012. The sport’s return to the area saw an increase in demand for stock car racing in the city, necessitating the reopening of the 1.3-mile-long oval. Since 2021, champions from all three nationwide series also started getting celebrated at the Cup Series Awards Banquet. However, given North Carolina’s deep ties to many teams and NASCAR drivers, the decision was made to keep the event closer to Charlotte. Despite this, many fans hold the opinion that New York City is the quintessential backdrop for the banquet. The sentiment was echoed recently when several fans of the sport reacted to a picture of stock cars going down the iconic Times Square in the city. The caption to the post read, “I feel like the NASCAR Awards should always be somewhere cool. Where would you like to see the Awards??? My vote is NYC.” The response was overwhelming, with many rallying in the comments to support the move back to New York City. One fan enthused, “That would be great to bring it back to NYC,” while another declared, “It was the best place.” Firmly, a NASCAR enthusiast proclaimed, “It belongs in NYC !” and another chimed in with a straightforward, “Never should’ve left NYC.” Back when NASCAR celebrated in Las Vegas Darrell Waltrip, a NASCAR Hall of Fame driver and broadcaster, was the first champion to be celebrated at The Big Apple after he clinched the 1981 title, marking the ceremony’s move to New York. Reflecting on the transition to Las Vegas, later on, Waltrip remarked, “It was unbelievable, the difference between the two (venues).” “Having the dinner in New York was a huge step up. It was making a statement. This wasn’t just a backwoods sport, a bunch of good ol’ boys; these guys are professional race car drivers and this would change the image of the sport. And it did,” he added . New York remained the backdrop for the NASCAR banquet for 28 years. Yet, the city’s bustling nature posed challenges for fan-friendly events outdoors, and unpredictable weather often played spoilsport. Moreover, the local media’s lukewarm coverage meant that despite noteworthy spending, the event rarely made headlines the following day. Despite these hurdles, Waltrip admitted a lingering fondness for New York, noting, “There’s nothing wrong with Las Vegas. It’s a fun place to go and a fun place to have an event. Just a difference in times, I guess.” Jeff Gordon also shared his thoughts in 2015, saying, “I personally like New York a lot and I like to be there. But I can also remember ... trying to move from the hotel six blocks and it would take you 45 minutes; the snow and just a lot of things ... were real challenges.” It’s been 16 years since NASCAR parted ways with New York. Perhaps, as an experiment, it might be worthwhile to revisit the metropolis and see how a return would be received today.FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup