Tinley Beverage Announces Co-packing Arrangement With Sprig
The Tinley Beverage Co (CSE: TNY) this morning announced it has secured yet another co-packing partner. The latest firm to be added as a client to the company is that of Sprig, one of the most prominent cannabis beverages within the state. Originally founded in 2015, Sprig is most-known for its hemp-derived CBD infused beverages […]
Hive Blockchain Receives Approval For Nasdaq Listing
Hive Blockchain Technologies (TSXV: HIVE) is the latest Canadian small cap issuer to head to the US big boards. The company this morning announced that it has received approval from the Nasdaq to list its equity on the Nasdaq Capital Market exchange. Little additional details were provided by the company in relation to the news, […]
FireFox Gold Intersects 93.88 g/t Gold Over 1.35 Metres
FireFox Gold Corp. (TSXV: FFOX) today reported the completion of its 11 hole diamond drill program, which consisted of 2,364 metres at its Mustajärvi Project in the Central Lapland Greenstone Belt of Finland. Assay results for the first three holes conducted under the program were released this morning. Highlights from drilling include: Hole 21MJ001: 93.88 […]
Metalla Royalty Acquires Royalty At IAMGOLD Cote Gold Project
Metalla Royalty & Streaming (TSXV: MTA) this morning announced that it has acquired another net smelter return royalty. The latest royalty to be added to the firms portfolio is related to IAMGOLD Corp’s (TSX: IMG) Cote Gold Project, as well as the Gosselin project, the latter of which is partially owned by Sumitomo Metal Mining […]
ARK Invest Buys $42 Million in DraftKings Following Hindenburg Report
ARK Invest, best known for never shying away from a price drop even if the company is embroiled in controversy, has now shovelled a whooping 870,299 DraftKing shares into its portfolio, following a scathing Hindenburg Research report that sent the sport betting company’s stock tumbling. As reported by Bloomberg, Cathie Woods’ latest stake in DraftKings […]
US Inflation Expectations Surge to New Highs in May
Despite the Fed’s strong efforts on peddling the “transitory” narrative, it appears that an increasing number of US consumers are falling off the bandwagon and are no longer buying into it. The latest Federal Reserve Bank of New York’s Survey of Consumer Expectations for the month of May showed that the median respondent expects inflation […]
Hindenburg Research Shorts DraftKings Over Alleged Black Market Dealings
Hindenburg Research has done it again: this time, the investment research firm has zeroed in on DraftKings, yesterday revealing its short position against the sports betting operator due to alleged activity in illicit gambling markets. Shares of DraftKings were sent tumbling on Tuesday, after a report published by Hindenburg Research alleged that the sports betting […]
Michael Gentile: The Fed Wants Inflation To Be Very High – The Daily Dive
For our mid-week episode of the Daily Dive, we sit down with Michael Gentile, a Canadian small cap investor. Michael sits down with us this afternoon to discuss the hot topic of inflation and the impact of the Fed, his take on whether we’re in a long term bull market for small caps, as well […]
Kyle Bass: Actual Inflation Is Likely At 12%
With consumers’ wallets increasingly becoming drained amid skyrocketing price pressures and the Fed’s wide-open monetary policy, it is no wonder that people are no longer buying into consistently subdued inflation prints. Kyle Bass, founder of Hayman Capital Management, is the latest to dispute such statistics, suggesting that the current US producer price print is dangerously […]
Canadian Home Sales Slump 7.4% In May
Canada’s housing market continued its cooling-off trend in May, as both home sales and new listings suffered a decline. According to the latest data published by the Canadian Real Estate Association (CREA), home sales across the country fell 7.4% month-over-month in May, following an 11% drop in April. Nearly 80% of housing markets across Canada […]