Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Cameco Ord Shs T.CCO

Alternate Symbol(s):  CCJ

Cameco Corporation is engaged in providing uranium fuel to generate clean, reliable baseload electricity around the globe. The Company also offers nuclear fuel processing services, refinery services and manufactures fuel assemblies and reactor components. Its segments include uranium, fuel services and Westinghouse. The uranium segment is involved in the exploration for, mining, milling... see more

TSX:CCO - Post Discussion

Cameco Ord Shs > Stockchase After the Close
View:
Post by retiredcf on Jan 12, 2024 7:19am

Stockchase After the Close

On Thursday, the U.S. December CPI print came in at 0.3%, pushing the annual rate to 3.4%, compared to the expected 0.2% and 3.2%. Core CPI was in in-line. The data suggests that future interest rate cuts may come slower than the street projected. The news triggered a volatile session, but American indices closed flat. The S&P and Nasdaq shed a handful of points while the Dow ended just where it started the day. However, the U.S. 10-year yield wound up below 4.0%. The other big news on Wall Street was that 11 Bitcoin ETFs began trading (after Wednesday’s false start). 

Amid this excitement, Bitcoin itself declined 0.8% to trade around $46,300. Also grabbing headlines was Microsoft overtaking Apple during the session as the largest company by market cap as it made an all-time intraday high. Elsewhere, Netflix rallied 3.05%, Salesforce 2.91%, Paramount Global -5.56% and Warner Bros. Discovery -3.87%.

The TSX was quieter, though it slipped 0.34%. Sectors were mixed as staples and energy led and utilities and financials fell in reaction to U.S. inflation. Notable names were Cameco popping 3.46%, TD -1.34%, CIBC -1.62% and Aritizia which soared nearly 21% after reporting a convincing beat and breaking a long slump. Meanwhile, WTI crude climbed 1.4% to $72.35.

 
Be the first to comment on this post
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities