Bubba Horwitz: Crypto Is The Currency Of The Libertarian And Free Markets – The Daily Dive
For the final episode of The Daily Dive for the trading week, we sit down with Todd Bubba Horwitz of BubbaTrading.com. Bubba joins us this afternoon to discuss the latest in the crypto space – including recent comments by Elon Musk and the current regulatory risk – as well as the topics of hot commodities […]
Nvidia: BMO Raises Price Target To $750
Nvidia Corp (NASDAQ: NVDA) reported their fiscal third-quarter earnings on May 26th after market close. The company came slightly below the top line analyst estimates, which was $5.661 billion. The company had a gross margin of 64.1% and earnings per share of $3.66. The companies average 12-month price target from its 43 analysts rose from […]
General Motors to Resume Production at 5 Plants Following Chip Shortage
General Motors has revealed it will restart production at five of its plants beginning in June, after being shut down over the past several months due to the global semiconductor chip shortage. According to an emailed statement to Bloomberg on Thursday, GM is expected to restart two of its plants in Mexico, one in Canada, […]
HIVE Sees 10MW Green Energy Expansion Of GPU Data Centre In Sweden
HIVE Blockchain Technologies Ltd. (TSXV: HIVE) announces today the confirmation that its GPU data centre in Sweden is getting an additional 10MW of green energy electricity. The confirmation came from the Swedish energy company Bodens Energi Nät AB. This increase comes after a 2MW expansion previously announced on January 28, 2021. With the latest energy […]
CloudMD Posts $8.8 Million In Revenue, $5.3 Million Net Loss For Q1 2021
CloudMD Software & Services Inc. (TSXV: DOC) last night released its Q1 2021 financial results, which saw the company post quarterly revenue of $8.8 million. This is an increase both from Q4 2020’s $5.8 million revenue and Q1 2020’s $3.1 million revenue. The company primarily attributes the increase to its acquisition growth strategy. CloudMD completed […]
Jushi Reports Q1 2021 Revenue Of US$41.7 Million, $26.1 Million Net Loss
Jushi Holdings Inc. (CSE: JUSH) released its Q1 2021 financial results this morning, highlighting quarterly revenue of US$41.7 million. This is a 29.0% increase from Q4 2020’s revenue of $32.3 million. The company relayed that the increase in revenue can be attributed to growth at its BEYOND/HELLO stores in Pennsylvania and Illinois, early revenue contributions […]
Gold X Shareholders Approve Merger With Gran Colombia Gold
Gold X Mining Corp. (TSXV: GLDX) last night announced that shareholders have approved the previously announced transaction with Gran Colombia Gold (TSX: GCM). The approval will see the Colombia-based gold explorer acquired for total consideration of approximately $315 million. The agreement sees Gran Columbia acquiring all issued and outstanding common shares of Gold X not […]
Auxly Reports Q1 Revenues Of $10.0 Million, Net Loss Of $10.5 Million
Auxly Cannabis Group Inc. (TSX: XLY) today reported its financial results for Q1 2021, reporting net revenues of $10.0 million for the quarter, an increase of 1% from Q1 2020. Auxly recorded a net loss of approximately $10.5 million compared to approximately $12.7 million for the same quarter last year. Revenues were down significantly on […]
Gage Growth Reports $17.6 Million In Revenue, $10.8 Million Net Loss For Q1 2021
Gage Growth Corp. (CSE: GAGE) last night announced its financial results for Q1 2021, which saw US$17.6 million in revenue. This is an increase from Q4 2020’s revenue of US$10.5 million and Q1 2020’s revenue of US$5.5 million. Gross margins for the quarter came in at 26.1%, a climb from the previous quarter’s 17.3%, but […]
Emerita Receives Approvals For Expanded Exploration Program At IBW Project
Emerita Resources (TSXV: EMO) this morning announced that it has seen the local government approve its proposed work program for the Iberia Belt West project in Spain, subject to final environmental approvals. The latest approvals are focused on the El Cura and La Romanera targets. The company is now waiting on environmental approvals following the […]