Cathie Wood Launches New ETF That Excludes Fossil Fuel, Alcohol, Banking
In an effort to deliver more transparency to her cult following, Wall Street’s darling Cathie Wood has launched a new ETF that excludes major industries such as oil and gas, alcohol, banking, and gambling. According to a company filing seen by Bloomberg, ARK’s Transparency ETF will closely mirror an index that shuts out the fossil […]
ChargePoint Rallies After Posting Quarterly Revenue Beat; Stock’s Valuation Looks Rich
After the market close on September 1, ChargePoint Holdings, Inc. (NYSE: CHPT), a leading maker of electric vehicle charging stations, reported results for the quarter ended July 31, 2021 (2Q FY22) that were slightly better than expected. Most prominently, ChargePoint reported 2Q FY22 revenues of US$56.1 million versus US$40.5 million a year ago, and ahead […]
George Soros: Investors Piling Into Chinese Stocks Face ‘Rude Awakening’
Liberal philanthropist George Soros has issued his take on the recent interest in Chinese stocks, warning investors that they are in for a rude awakening. In an opinion piece published by the Financial Times, Soros warns of the impending risks investors may not be aware of when they take advantage of the recent dip in […]
Crypto & DeFi Are The Future – The Daily Dive ft Russell Starr
On today’s Daily Dive, Cassandra welcomes back Russell Starr, CEO of Trillium Gold Mines (TSXV: TGM). He shares his take on the US-Russia-China global power play after the Afghanistan takeover, his outlook on the gold market, and an update on Trillium’s recent $5 million private placement. Trillium Gold is currently one of the larger exploration […]
Healthcare SPAC DTRT Health Acquisition Prices US$200 Million IPO
Blank check company DTRT Health Acquisition Corp. (Nasdaq: DTRTU) went public today on the Nasdaq Capital Market. The company is seeking to raise US$200.0 million through its initial public offering. The offering consists of 20.0 million company units priced at US$10.00 per unit. Each unit is composed of one Class A common share and one-half […]
Fidelity Investments to Hire 9,000 New Employees to Keep up with Influx of Retail Trading
Fidelity is planning to increasing its work force by an additional 9,000 new hires across the US before the end of the year, in an effort to keep up with the surge in trading among retail investors. The financial services company’s latest hiring spree is the third one in less than 12 months, and is […]
Robinhood Working on Paycheck Early Deposit Feature
In yet another effort to provide all the tools necessary for Americans to liquidate any and all of their income into the stock market, Robinhood (NASDAQ: HOOD) is currently working on a new feature allowing users to have their paychecks directly deposited into their Robinhood accounts up to two days in advance. According to Bloomberg, […]
Cybin: Canaccord Bumps Price Target To US$7.00
Cybin Inc (NEO: CYBN) last month had a long month of news reports, the first being that they received conditional approval to list on the New York Stock Exchange, keeping the same ticker “CYBN”. Then a week later, the company announced the size of their overnight marketed public offering of $30 million, which consists of […]
Vizsla Silver Drills 1,295.6 G/T Silver Equivalent Over 5.93 Metres At Panuco Project
Vizsla Silver Corp. (TSXV: VZLA) announced today the drill results from 19 holes targeting the Napoleon vein at its Panuco silver-gold project in Mexico. The company was able to intersect 1,295.6 g/t silver equivalent over 5.93 metres true width. The mining firm also reported that 105 holes drilled within the Napoleon corridor to date highlighted […]
Liberals Promise New Multi-Billion Dollar Spending Initiatives Ahead of Election
Prime Minister Justin Trudeau has vowed to increase tax-revenue and ramp up spending, as part of what is turning out to be a tight race for re-election. According to a document released by the Liberals on Wednesday, Trudeau has laid out nearly 100 new spending projects affixed with a combined price tag of $78 billion […]