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Market Cools as Nvidia’s Blowout Earnings Fail to Ignite Futures

  U.S. stock futures were mixed Thursday morning as investors digested Nvidia’s latest blockbuster earnings—results that impressed on paper but didn’t translate into broad market enthusiasm. Dow futures edged slightly higher, while S&P 500 and Nasdaq futures hovered near the flatline, reflecting a cautious mood across Wall Street. Nvidia delivered strong beats on quarterly revenue and profit, along with guidance that topped expectations. Despite the stellar numbers, the stock’s initial surge faded as traders questioned whether the AI boom can continue delivering outsized returns. Shares ultimately pared gains to under 1% in early trading. The broader market’s hesitation stems from growing concerns about the sustainability of heavy AI investment. Salesforce’s weaker outlook added to the uncertainty, dragging software shares and reinforcing fears that not all tech giants will benefit equally from the AI wave. Meanwhile, geopolitical tensions—including renewed U.S.–Iran nuclea...
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Navigating Uncertainty: Capital Gains Tax Changes Leave Taxpayers in a Bind

The recent prorogation of Parliament by Prime Minister Justin Trudeau has thrown taxpayers into a state of uncertainty regarding capital gains tax. The Canada Revenue Agency (CRA) continues to enforce the proposed changes, which increase the inclusion rate from 50% to 66.67% for gains over $250,000, despite the legislation not being formally enacted. This leaves taxpayers with two unappealing options: file based on the proposed legislation and potentially overpay, or file based on the previous rules and risk future penalties.

The CRA's decision to uphold the proposed changes, citing consistency and fairness, has frustrated many who made financial decisions based on the anticipated tax hike. With the future of the legislation uncertain, taxpayers are left scrambling to decide the best course of action.

This situation highlights the need for clear and timely legislative processes to avoid such dilemmas in the future. Until then, taxpayers must navigate these murky waters with caution and seek professional advice to mitigate potential risks.






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