Consumer Reports: Dish soap can cause problems to home appliances overtime
Dish soap has been called a cost effective 'soapy superhero' of a product, but there are some applications you may see on social media apps that are not recommended. CTV's Pat Foran reports.
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Globe and Mail
an hour ago
- Globe and Mail
Meta Platforms Stock Will Beat the Market. Here's Why.
Halfway through 2025, one thing is clear: It's been another excellent stretch for Meta Platforms ' (NASDAQ: META) stock. As of this writing, Meta shares are up 25% year to date, easily besting the benchmark S&P 500 's total return of 6% and making Meta the top-performing stock among the Magnificent Seven. So, will this trend continue? Let's dig into the details for an answer. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » Meta Platforms' business model is firing on all cylinders First, let's examine Meta's core business model and how it functions. Meta operates several enormous social media platforms (Facebook, Instagram, WhatsApp) that collectively have more than 3.4 billion daily average users (DAUs). Because of this massive reach, Meta is one of the two leading platforms globally when it comes to digital advertising (the other being Alphabet, thanks to its lucrative Google search engine). Over the past 12 months, Meta has generated $170 billion in revenue, $67 billion in net income, and $52 billion in free cash flow. Those staggering totals dwarf all but the largest companies on Earth. For example, Meta's net income of $67 billion is more than the net incomes of Goldman Sachs, Coca-Cola, and ExxonMobil -- combined. What's more, Meta's growth rates for some key financial metrics are eye-popping, given their already enormous totals. According to consensus estimates compiled by Yahoo! Finance, sell-side analysts expect Meta's revenue to increase by 14% this year to $188 billion. By 2026, estimates place Meta's revenue at $213 billion. Opportunities and risks ahead for Meta Turning to the future, Meta stands to benefit from an enormous secular trend: the AI revolution. Granted, Meta has spent heavily on AI, with little tangible benefit thus far. However, that seems to be changing. The company recently announced plans to integrate AI-generated ads across its platforms, allowing brands to tailor their ad messages using AI tools. This could represent the start of a sea change in how advertising works. If Meta's AI tools are effective, brands may begin to pull back from traditional ad agencies and instead allow Meta to produce personalized ads using AI. The company also recently announced plans to roll out advertising on its WhatsApp platform, a move that should further boost ad revenue for Meta, which generates about 97% of all its revenue from digital advertising. All that said, Meta stock still has its risks. First, the company continues to invest heavily in AI infrastructure. Capital expenditures for the past 12 months have risen to an astronomical $44 billion, as Meta continues to load up on expensive AI hardware. Finally, with nearly half the world's population on its platforms, legal and regulatory risks could become a growing concern for the company. Some U.S. lawmakers have questioned Meta's business practices and demanded greater insight into the company's decision-making process on sensitive issues like content moderation, human rights, and user privacy. Is Meta stock a buy now? In my view, yes -- Meta remains a solid buy right now. In addition to the bullish reasons noted above, Meta shares remain reasonably priced. Shares trade at a price-to-earnings multiple of just 29. That's actually below the company's 10-year average of 34. Moreover, if the company can successfully integrate AI advertising features -- as I believe it will -- its stock should get a boost as analysts revise the company's earnings potential upward. Meta remains a stock that is likely to continue beating the market for years to come. Don't miss this second chance at a potentially lucrative opportunity Ever feel like you missed the boat in buying the most successful stocks? Then you'll want to hear this. On rare occasions, our expert team of analysts issues a 'Double Down' stock recommendation for companies that they think are about to pop. If you're worried you've already missed your chance to invest, now is the best time to buy before it's too late. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, you'd have $409,737!* Apple: if you invested $1,000 when we doubled down in 2008, you'd have $38,949!* Netflix: if you invested $1,000 when we doubled down in 2004, you'd have $722,181!* Right now, we're issuing 'Double Down' alerts for three incredible companies, available when you join Stock Advisor, and there may not be another chance like this anytime soon. See the 3 stocks » *Stock Advisor returns as of June 30, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Jake Lerch has positions in Alphabet, Coca-Cola, and ExxonMobil. The Motley Fool has positions in and recommends Alphabet, Goldman Sachs Group, and Meta Platforms. The Motley Fool has a disclosure policy.
CTV News
an hour ago
- CTV News
Winnipeg to begin removing parking pay stations
Time has officially run out on city-operated parking pay stations in Winnipeg. Beginning Tuesday, the City of Winnipeg is removing pay stations on all streets and city-owned parking lots. The only exception is the Millennium Library Parkade, which will still have stations. According to the city, the change is being made as these pay stations run on 3G networks, which mobile service providers are phasing out. It noted they've also 'reached the end of their useful life, use outdated technology, and attract theft and vandalism,' adding that 80 per cent of payments are already being made through a mobile payment service. With the parking pay stations gone, Winnipeggers are encouraged to download the PayByPhone app. Parking payments can also be completed online or by calling 1-888-680-7275. Prepaid Parking Booklets are available at the The Parking Store, located at 495 Portage Ave. The removal process is expected to be finished by the end of August. Private parking lots will not be affected by this change. With files from CTV's Danton Unger.
National Post
an hour ago
- National Post
Mogo Announces $50 Million Bitcoin Treasury Authorization and Strategic Alignment with Bitcoin Across the Organization
Article content Article content VANCOUVER, British Columbia — Mogo Inc. ('Mogo' or the 'Company') (NASDAQ: MOGO; TSX: MOGO), a leading Canadian digital wealth and lending platform, today announced that its Board of Directors has authorized the allocation of up to $50 million to Bitcoin as part of the Company's long-term capital preservation and product innovation strategy. The move marks a significant step in Mogo's strategic alignment with Bitcoin, integrating it across treasury policy and its core operating platform. Article content Mogo has been at the forefront of digital asset innovation for nearly a decade. In 2018, it launched Canada's first Bitcoin account, and in 2020, it became the third US-listed company to add Bitcoin to its balance sheet, following MicroStrategy and Block, and ahead of Tesla. Mogo also played a key role in the formation of Canada's largest independent crypto platform through the 2023 merger of Coinsquare and WonderFi, which recently announced it has entered into an agreement to be acquired by Robinhood. Article content 'Building on our history and experience in crypto, we're making a long-term strategic commitment to Bitcoin, backed by deep conviction and the flexibility to build a meaningful Bitcoin reserve that aligns with our capital priorities and market outlook,' said Greg Feller, President & Co-Founder of Mogo. 'This allocation gives us the flexibility to build a meaningful position over time as part of a disciplined, multi-year strategy.' Article content Board-Approved $50 Million Bitcoin Treasury Authorization Article content Following the anticipated close of the WonderFi–Robinhood transaction in the second half of 2025, Mogo expects to hold approximately $50 million in cash and investments. The Company's Board has approved a Bitcoin allocation of up to $50 million, to be funded by excess cash on the balance sheet and, over time, through additional monetizations from its investment portfolio, including investments in US-based crypto exchange, Gemini, and Canadian technology company, Hootsuite. Article content The Company has an initial goal to scale to a $50 million investment in Bitcoin based on staged investments over time, while keeping adequate working capital for the operating business. Article content Bitcoin as a Hurdle Rate for Capital Allocation Article content In a move that signals deep integration of Bitcoin into its corporate framework, Mogo will now assess all capital deployment decisions against a Bitcoin hurdle rate. Whether considering M&A, internal investments, or share repurchases, the Company will only allocate capital to opportunities that are expected to outperform the long-term return profile of holding Bitcoin. Article content 'This sets a new bar for capital discipline,' said Greg Feller. 'If we don't believe an initiative can deliver better long-term value than Bitcoin, we won't pursue it. It's that simple.' Article content This approach reinforces Bitcoin's role not just as a treasury asset, but as a strategic benchmark for evaluating value creation across the organization. Article content A Dual-Compounding Strategy: Bitcoin Reserve + Operating Scale Article content Mogo's approach is fundamentally different from most Bitcoin treasury companies. While many lack operating scale or growth potential, Mogo is building a capital-efficient, scalable platform across three core pillars; Wealth, Lending, and Payments, with Bitcoin serving as a complementary strategic reserve asset that can compound alongside its core business. Article content 'We're not just holding Bitcoin, we're building a business we believe can scale to over a billion dollars in enterprise value,' said Greg Feller. 'Our goal is to grow a similarly scaled Bitcoin reserve alongside it. That dual-compounding model, operating growth plus a high-conviction Bitcoin reserve, is something few companies are positioned to achieve.' Article content Strategic Integration Across the Platform Article content Bitcoin will be integrated across Mogo's core businesses to deliver value to both shareholders and the Company's nearly 2 million Canadian members: Article content Wealth Management: Mogo's $400M+ AUM platform will launch a flagship Bitcoin Portfolio based on a 60/40 equity/Bitcoin model designed for long-term investors who understand Bitcoin's role as a disruptive store of value. Lending: Mogo is developing Bitcoin-related loan products that will allow all members to gain access to this asset class, while also potentially lowering their borrowing rates. Payments: With over $12 billion in annual international payments volume, Mogo is exploring stablecoin infrastructure to enable faster, lower-cost cross-border transactions. Article content Buffett Mode Meets Bitcoin: A Behavioral Framework Article content Mogo's approach is grounded in its Buffett-mode philosophy, a behavioral-first investment framework focused on long-term outcomes, mental clarity, and disciplined decision-making. Article content 'Whether you're investing in equities or Bitcoin, the edge is mental,' said David Feller, Founder & CEO of Mogo. 'We're not here to speculate, we're here to help Canadians build real wealth. That means evaluating every decision with clarity and conviction, and giving our members access to tools that align with where the world is going, not where it's been.' Article content Mogo offers educational content, product-level optionality, and behavioral guidance, not hype. Bitcoin is not promoted as a default solution but offered as a strategic asset for informed, intentional investors. Article content Democratizing Access to Bitcoin for 2 Million Canadians Article content Mogo is uniquely positioned to expand responsible access to Bitcoin through trusted, compliant, and intelligent financial products. The Company's platform reflects a long-term belief in digital assets as a tool for wealth preservation, not short-term speculation. Article content 'This is about building financial independence for our members, not chasing returns,' added Greg Feller. 'We believe Bitcoin will play a growing role in how capital is stored, allocated, and judged, and we're building Mogo to lead in that future.' Article content About Mogo Article content Mogo Inc. Article content (NASDAQ:MOGO; TSX:MOGO) is a financial technology company with three distinct business lines: wealth, lending, and payments. Our mission is to provide consumers with innovative financial solutions that drive long-term financial health and success. We operate with a differentiated approach in each business, leveraging technology, behavioral science, and financial tools to create unique value propositions in our respective markets. Our wealth and lending businesses are focused on the Canadian market, where we are the only subprime consumer lender that also offers a holistic wealth and investing solution. This unique integration is designed to help consumers transition from borrowing and debt to long-term wealth building. Separately, our payments business is operated through Carta Worldwide, a wholly owned subsidiary that provides modern card issuing and processing solutions, primarily in Europe. Article content Forward-Looking Statements Article content This news release may contain 'forward-looking statements' within the meaning of applicable securities legislation, including statements regarding the expected closing of the WonderFi-Robinhood transaction, Mogo's Bitcoin treasury strategy, Mogo's capital allocation strategy, Mogo's strategic initiatives in respect of its wealth management, lending and payment products and the integration of cryptocurrency in respect thereof. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at the time of preparation, are inherently subject to significant business, economic and competitive uncertainties and contingencies, and may prove to be incorrect. Forward-looking statements are typically identified by words such as 'may', 'will', 'could', 'would', 'anticipate', 'believe', 'expect', 'intend', 'potential', 'estimate', 'budget', 'scheduled', 'plans', 'planned', 'forecasts', 'goals' and similar expressions. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual financial results, performance or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. Mogo's growth, its ability to expand into new products and markets and its expectations for its future financial performance are subject to a number of conditions, including receipt of applicable regulatory approvals in respect of its products, many of which are outside of Mogo's control. For a description of the risks associated with Mogo's business please refer to the 'Risk Factors' section of Mogo's current annual information form, which is available at and Except as required by law, Mogo disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise. Article content Article content Article content Article content Contacts Article content Investor Relations investors@ Article content Article content Article content
