Air Canada Reports Q1 Revenues Of $729 Million, Net Loss Of $1.3 Billion
Air Canada (TSX: AC) this morning reported its first quarter 2021 financial results, reporting revenues of $729 million, along with a net loss of $1.3 billion. Revenues were down approximately 80% on a year over year basis as the airline operator continues to struggle with the pandemic. The decline in revenues is evident when looking […]
Dogecoin Surges Another 20% as Elon Musk’s Upcoming SNL Appearance Fuels Rally
Dogecoin’s record rally does not appear to be subsiding anytime soon, as the meme join jumped higher on Wednesday and is now worth over 50 cents US. The digital token soared by another 20% on Wednesday, and is now trading at around 60 cents, after breaking above 50 cents per share for the first time […]
DraftKings: Consensus Estimates For Q1 2021
DraftKings (NASDAQ: DKNG) will be reporting its first quarter financial results on May 7th before market open. Analysts have a consensus $73.50 12-month price target on the company, via a total of 26 analysts, with five analysts having strong buy ratings. 13 analysts meanwhile have buy ratings, seven analysts have hold rating and one analyst […]
Stifel Raises Eguana Technologies Price Target To $0.90
Yesterday Stifel GMP raised their price target on Eguana Technologies (TSXV: EGT) from C$0.85 to C$0.90 and reiterated their buy rating on the company. This comes off Eguana closing its February $20 million equity raise as well as recent improvements in Eguana’s supply chain. Stifel says that the company now has a lot of cash […]
Mastercard Seeks to Provide Support for Cross-Border Digital Yuan Transactions
Mastercard is eyeing a role in the development and advancement of China’s central bank digital currency (CBDC), by providing support in the use and conversion of the digital yuan for cross-border payments. In an interview with the South China Morning Post, Mastercard Asia-Pacific co-president Ling Hai revealed that the card network is in discussions with […]
Beyond Meat: Analysts Anticipate $113.33 Million In Q1 Revenues
Beyond Meat (NASDAQ: BYND) will be reporting its first quarter financial results today after market close. Analysts have a consensus $128.80 12-month price target on the company, via a total of 20 analysts, with three analysts having strong buy ratings. One analyst has a buy rating, nine analysts have hold ratings, six have sells and […]
Copper Is The Future Of Energy – The Daily Dive feat Gianni Kovacevic
Today on the Daily Dive, we see host Cassandra Leah sit down with Gianni Kovacevic of Copperbank Resources (CSE: CBK). We sit down with Gianni to have a discussion on copper, and what excites him about the metal. Within, we discuss the expectations for copper demand, the supply side of the industry, and what the […]
The West Needs To Level The Playing Field To Compete With China
Access to the raw materials of the new green economy is increasingly a high-stakes chess match along geopolitical lines dividing the East and the West. China controls access to the bulk of raw and midstream materials that the world needs for its transition to a low-carbon intensity economy. This control has become a critical vulnerability […]
Peloton: Analysts Expect $1.11 Billion In Revenue For Q3
Peloton Interactive (NASDAQ: PTON) will be reporting its fiscal third quarter financial results today after market close. Analysts have a consensus $158.67 12-month price target on the company, via a total of 28 analysts, with 10 analysts having strong buy ratings. 14 analysts meanwhile have buy ratings, two analysts have hold ratings and another two […]
IRS Authorized to Pursue Identities of US Taxpayers Who Have Used Cryptocurrencies
It appears that government crackdowns on cryptocurrency users are becoming more prominent, especially when it comes to potential tax evasion. According to a statement published by the US Department of Justice (DOJ), a federal court in California has given authorization to the Internal Revenue Agency (IRS) to serve a John Doe summons on cryptocurrency exchange […]