Skip to main content

Featured

Questrade Just Went "Agentic" — What It Means For Your Trading Account

Published July 30, 2026 If you have money sitting in a Questrade account, the platform you log into is about to change more than it has in years. On July 30, Questrade unveiled its biggest product push since it eliminated stock trading commissions in 2019 — and this time, the headline feature isn't a lower fee. It's letting an AI assistant place trades for you. Questrade now manages roughly $100 billion in client assets, up from about $9 billion in 2019, and it's using that scale to go after Canada's increasingly crowded self-directed investing market. Here's what actually launched, and what it means before you touch any of it. What's actually new AI assistants can now trade on your behalf. Questrade is the first Canadian financial institution to officially connect client accounts directly to AI assistants like Claude and ChatGPT through something it calls Questrade MCP. In practice, that means you can ask an AI to pull up your account information, research a s...

article

Mixed Bank Earnings Offset Cooler-Than-Expected Inflation News

 


On Friday, January 12th, 2024, the US stock market closed with little change as mixed bank earnings offset cooler-than-expected inflation news that buoyed hopes for interest-rate cuts from the Federal Reserve. The Dow Jones Industrial Average fell 118.04 points, or 0.31%, to 37,592.98. The S&P 500 gained 3.59 points, or 0.08 %, at 4,783.83 and the Nasdaq Composite rose 2.58 points, or 0.02%, to 14,972.76.

Bank of America’s fourth-quarter profit shrank as the lender took $3.7 billion in one-off charges. Wells Fargo’s warning of a 7% to 9% drop in net interest income in 2024 sent the bank’s shares down 3.34%. UnitedHealth fell on higher-than-expected medical costs. Tesla fell after flagging output hit from Red Sea disruption.

The data showed U.S. producer prices unexpectedly fell in December as the cost of goods such as food and diesel fuel declined, while prices for services were unchanged for a third consecutive month, in contrast to Thursday’s hotter-than-expected consumer inflation reading. Expectations for a rate cut of at least 25 basis points by the Fed in March moved up to 79.5%, according to CME’s FedWatch Tool, from 73.2% in the prior session.


Comments