‘The Big Short’ Michael Burry Bets Against Cathie Wood’s Ark, Raises Tesla Puts
Michael Burry, the famed investor best known for his enormous bet against the US housing market bubble ahead of the 2008 financial crisis, has materialized his bearish view on some of Wall Street’s hottest stocks. According to SEC regulatory filings published on Monday, Burry not only upped his wager against Cathie Wood’s EV darling Tesla […]
Lobo Tiggre: Factors Manipulating The Gold Crash – The Daily Dive
Joining us on the Daily Dive today is that of returning guest Lobo Tiggre from the Independent Speculator. He offers his take on the recent gold crash, federal regulation on cryptocurrencies, and how inflation factors can inform trading behaviors. Lobo Tiggre got his start in the investment community working under legendary speculator Doug Casey for […]
Austpro Energy To Join NEO Exchange Following Reverse Merger Deal With DeFi Ventures
Austpro Energy Corporation (TSXV: AUS-H) announced on Monday evening that it has received approval to list its common shares on the NEO Exchange. The move follows the ongoing process of a reverse merger transaction with fintech firm DeFi Ventures Inc. The energy firm announced the reverse transaction in April 2021. Since then, DeFi Ventures has […]
Curaleaf Consensus Target Remains Flat After Record Quarter
On August 9, Curaleaf Holdings (CSE: CURA) reported record second quarter financial results. The company reported total revenue of $312.2 million, up 20% sequentially and 166% year over year. Gross profit came in at $115.23 million, up 21% sequentially and 156% year over year and a profit margin of 49.6%. Adjusted EBITDA came in at […]
Palantir Technologies Boosts SPAC Investments, Buys $50 Million in Gold Bars
Software company Palantir Technologies (NYSE: PLTR) has boosted its investments in SPAC companies to over $300 million, as well as purchased a significant amount of gold bars in the second quarter of 2021. According to filings with the SEC, Palantir invested a combined $250 million in 10 special-purpose acquisition companies (SPACs) in the second quarter, […]
Skylight Health Records $10.5 Million In Revenue, $4.2 Million Net Loss In Q2 2021
Skylight Health Group Inc. (TSXV: SHG) reported on Monday its financial performance for the quarter ending June 30, 2021. The results highlighted a quarterly revenue of $10.5 million, down from Q1 2021’s revenue of $5.2 million but up from Q2 2020’s revenue of $3.7 million. The company attributed the year-on-year revenue increase to the contribution […]
O2Gold Begins Drilling At Aurora Mine Targets
O2Gold (TSXV: OTGO) this morning announced the commencement of drilling at its flagship project in Colombia. The commencement of drilling follows the receipt of geophysical results for the property. Initial drilling is set to amount to 2,000 metres in aggregate on the mine targets at the project, before the program potentially expands a further 8,000 […]
Dogecoin Rallies After Elon Musk Acknowledges Mark Cuban’s Claim that it’s the Best Crypto as Medium of Exchange
Dogecoin was sent rallying on Monday morning, after Tesla CEO Elon Musk agreed with Mark Cuban that it’s the best cryptocurrency as a medium of exchange. Last week, billionaire Mark Cuban told CNBC that “the community for doge is the strongest when it comes to using it as a medium of exchange,” to which Musk […]
PyroGenesis Ends Q2 2021 With $8.3 Million In Revenue, $20.4 Million Net Loss
PyroGenesis Canada Inc. (TSX: PYR) shared on Monday evening its financial results for Q2 2021, highlighting revenue of $8.3 million. This is an increase from Q2 2020’s revenue of $2.1 million. Breaking down the topline revenue figure, the company’s Drosrite technology contributed $1.6 million, Purevap generated $3.9 million sales, torch-related sales amounted to $0.6 million, […]
PowerBand Solutions Sees Q2 Revenues Climb 63% To $4.7 Million
PowerBand Solutions (TSXV: PBX) this morning reported its second quarter financial results, posting revenues of $4.7 million for the three month period. The quarter represents a record for the firm. Revenues climbed a strong 63.2% on a quarter over quarter basis, jumping from $2.9 million to $4.7 million. Gross profit also climbed, hitting $2.4 million […]