Crypto: Regulatory Risk Is Present In Any Asset Class – The Daily Dive feat Frank Holmes
Today on the Daily Dive, host Cassandra Leah sits down with someone whom is becoming a regular on the show, Frank Holmes, whom is CEO of US Global Investors, and Executive Chairman of Hive Blockchain Technologies (TSXV: HIVE). Frank joins us this afternoon to discuss the risks of digital currencies relative to other assets, the […]
Amazon to Acquire Hollywood Icon MGM Studio for $8.45 Billion
If you are beginning to feel that Amazon is creeping into every aspect of your life— it’s because it has. Amazon, and its outgoing CEO billionaire Jeff Bezos, has decided to purchase the iconic Hollywood film studio MGM— which is home to an extensive library of movies and TV shows including the epochal James Bond […]
Nvidia: Analysts Anticipate $5.8 Billion In Q3 Revenues
Nvidia Corp (NASDAQ: NVDA) will be reporting their fiscal third quarter financial results May 26th after market close. Analysts have a consensus $669.16 12-month price target on the company, via a total of 41 analysts, with ten analysts having strong buy ratings, 24 analysts having buy ratings, six have hold ratings and one analyst has […]
GameStop Is Building An NFT Platform On Ethereum
GameStop (NYSE: GME) has announced that the company is creating a team for a non-fungible token platform based on Ethereum. On Tuesday, patrons of the Reddit social media platform found a new portal on GameStop’s website called “nft.gamestop.com.” The title of the portal reads “Change The Game.” When the portal is clicked on, you see […]
Chinese Yuan Soars to Highest in Three Years Against US Dollar
The Chinese yuan soared to the highest level against the US dollar in over three years, as investors around the globe search for safer assets amid the ongoing depreciation of the US dollar and China’s strengthening economic rebound. The onshore yuan jumped another 0.2% on Tuesday to above 6.40 per dollar, rising by more than […]
US Home Prices Jump by Most Since 2005 Amid Historically-Low Borrowing Costs
In further proof that rampant inflation may not be as “transitory” as the Federal Reserve seems to believe, home prices have surged by the most since 2005, as a shortage of real estate further propels housings costs to astronomical levels. Despite the BLS March CPI print showing shelter costs increasing by a paltry 0.3% month-over-month, […]
Mind Medicine Sees CEO Sell $24.7 Million In Company Stock
It appears that uplisting to the Nasdaq is good for business. Or, at least for liquidity, as per insider action that was reported on Mind Medicine (NEO: MMED) (NASDAQ: MNMD) last night. The company has seen its CEO, JR Rahn, sell off a significant portion of his holdings in the company. As per filings made […]
Maple Gold Mines Hits 195 Metres Of 1.28 G/T Gold
Maple Gold Mines Ltd. (TSXV: MGM) today reported the results from drilling their second hole of the completed winter drill program at the Douay Gold Project in Quebec, Canada. The Douay Project is held by a 50/50 joint venture between Maple and Agnico Eagle Mines Limited. Drill hole DO-21-282X intersected 132 meters of 1.58 g/t […]
Sable Resources Latest Firm To Announce Bought Deal Financing
Following this mornings ongoing trend, Sable Resources (TSXV: SAE) has now also announced that it will be conducting a bought deal private placement. The company will look to raise total gross proceeds of $10.0 million via the offering, which is being lead by Sprott Capital Partners and Eight Capital. The financing will see the company […]
Choom Restructures Debt, Aurora Takes 19.9% Stake In Settlement
Choom Holdings Inc. (CSE: CHOO) announced Tuesday that it has entered into a series of agreements with existing debenture holders to restructure its approximately $25.9 million in outstanding debt. This includes the $21.8 million outstanding debt the company owes to Aurora Cannabis Inc. (TSX: ACB). As of March 31, 2021, Choom’s convertible debenture held by […]