Bitfarms Acquires Additional Miners, Pushing Capacity To 2.5 EH/s By Year End
Bitfarms (TSXV: BITF) continued to plod along its path of becoming the largest public bitcoin miner this morning. The company has announced that it has entered arrangements to acquire an additional 6,600 crypto miners from Bitmain. The arrangement will see the company acquire a total of 6,600 S19j Pro Antminers from Bitmain, with delivery expected […]
EarthRenew Generates $505,097 In Revenue From Electricity Sales In Q1
EarthRenew Inc (CSE: ERTH) this morning released its power production results for the first quarter of 2021. The company reported a total of $505,097 in revenue was generated from the segment, based on a total of 1,016.42 MWh of electricity being sold. The production figures come from the firms Strathmore plant, wherein it is capable […]
PENN: Consensus Points To Q1 Revenues Of $1.14 Billion
Penn National Gaming (NASDAQ: PENN) will be reporting its first quarter financial results on May 6th before market open. Analysts have a consensus $110.07 12-month price target on the company, via a total of 15 analysts, with two analysts having strong buy ratings. Seven analysts meanwhile have buy ratings, four analysts have hold rating and […]
Government Transfer Payments Sent US Personal Incomes Soaring to New Record
US Household incomes soared by the most on records dating back to 1946, as an unprecedented amount of government stimulus drove a strong increase in consumer spending. According to the latest figures published by the US Department of Commerce on Friday, personal income jumped 21.1% in March, marking a sudden turnaround from the 7% decline […]
Wind Power Can Create Over 3 Million Jobs WorldWide by 2025
A recent study published by the Global Wind Energy Council (GWEC) found that up to 3.3 million new jobs could be created across the globe in the next five years amid the ongoing wind industry expansion. The figure accounts for direct employment opportunities in both offshore and onshore wind farms, as well as the industry’s […]
Uber: Analysts Expect Q1 Net Income To Approach Negative $1 Billion
Uber (NYSE: UBER) will be reporting its first quarter financial results today after market close. Analysts have a consensus $70.21 12-month price target on the company, via a total of 42 analysts, with 15 analysts having strong buy ratings. 21 analysts meanwhile have buy ratings, four analysts have hold ratings and two analysts have sell […]
Driven By Stem: Focusing On Untapped Cannabis Ecommerce & Delivery Markets – The Daily Dive
Joining us for our mid-week episode of the Daily Dive, is that of Adam Berk, CEO of Driven By Stem (CSE: STEM). Adam joins us today to discuss the integration between Driven Deliveries and Stem Holdings, the recent financial results of the company, Stem’s strategy for the state of Michigan, and the potential for expansion […]
Paypal: Consensus Revenue Estimates Climb To $5.9 Billion For Q1
Paypal Holdings (NASDAQ: PYPL) will be reporting its first quarter financial results today after the close of markets. Analysts have a consensus $310.52 12-month price target on the company, via a total of 49 analysts, with 17 analysts having strong buy ratings. 26 analysts meanwhile have buy ratings and, six analysts have hold ratings. The […]
Canadian Building Permits Jump to $10.9 Billion Amid Booming Residential Sector
For the third consecutive month, building permits in Canada soared to yet another record, amid an ongoing housing boom that has persisted throughout the pandemic. According to Statistics Canada, the value of building permits jumped 5.7% to $10.9 billion in March, as the residential sector continues to make unprecedented gains. Building permits in the residential […]
Amazon Consensus Price Target Rises Following Strong Earnings
Amazon.com Inc (NASDAQ: AMZN) hit a new high on Friday, getting close to a $2 trillion market cap, after its first-quarter results blew past analyst expectations. The company announced first-quarter revenue of $108 billion and a gross margin of 42.5%. Net income came in at $8.1 billion, or a 7.5% net margin, and earnings per […]