CHES Unveils All-in-One Motel Insurance Package

TORONTO, ON, APRIL 8, 2024/insPRESS/ – As the hospitality industry gears up for a bustling season, CHES Special Risk is proud to announce the launch of its comprehensive Motel Insurance Package, offering motel owners a one-stop solution to safeguard their…The post CHES Unveils All-in-One Motel Insurance Package appeared first on Canadian Underwriter.

Canada’s ETF Market Rebounds After Record Number Of Delistings

The market for exchange-traded funds (ETFs) in Canada is rebounding after experiencing a sharp downturn. In this year’s first quarter, 50 new ETFs were launched throughout Canada, according to data from National Bank Financial. News of the ETF launches comes after the Canadian market saw a record number of funds delisted in 2023 amid a sharp downturn in the industry. Last year, 122 ETFs in Canada were delisted, which was more than triple the previous record high of 39 delistings recorded in 2020 at the depths of the Covid-19 pandemic. According to National Bank Financial, the record…

Weekly AI Bubble Watch: AMD, Nvidia, SMCI Fall

The S&P 500 (SPY) and Nasdaq’s (QQQ) weak performance last week will worry investors holding AI-related stocks. Valuations are wildly stretched for AMD (AMD), Nvidia (NVDA), and Super Computer Micro (SMCI). Markets justify their rise on expectations that growth will accelerate this year.Assuming the market does not suddenly panic about valuations, all three stocks should fall only slightly from here.AMD has the most bearish momentum today. The stock peaked at over $220 before falling heavily intraday on March 8. Since then, the stock fell sharply, closing at $170.42. Investors prefer to hold…