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Stock impact report

Andrew Pink's Top Picks for April 30, 2025 [BNN Bloomberg (Canada)]

Cenovus Energy Inc (CVE) 
Last cenovus energy inc earnings: 4/29 06:00 am Check Earnings Report
US:NYSE Investor Relations: cenovus.com/disclaimerir
Company Research Source: BNN Bloomberg
MARKET OUTLOOK: The first quarter of 2025 has proven to be a challenging period for investors and analysts as markets have struggled to keep pace with a wave of new tariff announcements, retaliatory measures, and shifting exemptions. The increasing number of variables impacting corporate fundamentals has significantly reduced confidence in forward estimates—one of the key drivers behind the surge in market volatility we've seen accelerate since early April. While the range of potential outcomes remains broad, one thing is clear: the gears of global trade are grinding in reverse, and the friction is weighing on investor sentiment. With the macro environment growing more unstable, equities have temporarily lost their luster, and bonds and other safe-haven assets have benefitted from a flight to safety. In this uncertain environment, businesses and consumers are likely to delay decision-making, further dampening economic activity. Slowing trade flows could translate into weaker Show less Read more
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