Hive Blockchain Gains Exposure To NFT’s Via Network Media Group Investment
Hive Blockchain (TSXV: HIVE) is looking for exposure to the NFT space. The company this morning announced a strategic investment into Network Media Group (TSXV: NTE), whom is in the process of bringing to market an NFT, or non-fungible token, strategy. Network is currently in the process of entering the NFT niche, where it will […]
Uber Partners With Hertz For Tesla Rental Program For Drivers
And the Tesla (NASDAQ: TSLA) pump goes on. The company is currently up 1.77% in early morning trading to $1,036 following an announcement by Hertz. It appears that Hertz and Uber (NYSE: UBER) have entered an arrangement in relation to the recent 100,000 Tesla vehicle purchase order conducted by the car rental company. Under the […]
United Lithium Achieves 99.1% Pure Lithium From Spodumene Concentrate
United Lithium (CSE: ULTH) this morning posted further results from testwork being conducted to produce lithium carbonate, also known as Li2CO3. The technical grade of the lithium carbonate, as well as the recovery of Li2O is said to be excellent. The results follow the successful testing of proprietary floatation tech. The lithium carbonate under the […]
Trees Corp Looks To Be Newest Public Cannabis Retail Operator
Investors can rejoice in the fact that another firm within the cannabis retail space is about to enter the crowded public markets. Trees Corporation is looking to be the newest name on the block, with the firm proposing to list on the Neo Exchange following an amalgamation with another private operator. Formerly referred to as […]
PowerBand Solutions Expects DrivrzXChange Rollout To Resume In Q1 2022
PowerBand Solutions (TSXV: PBX) this morning provided an update to the market with respect to the rollout of DrivrzXchange, a vehicle marketplace platform it has been developing. The platform will reportedly resume rollout across the US in the first quarter of 2022. The development follows a trial launch of the tech, whereby the company and […]
Apple: Analysts Anticipate Q4 Revenues Of $84.85 Billion
Apple (NASDAQ: AAPL) will be reporting its fourth quarter financial results on October 27th after markets close. Analysts have a consensus $168.89 12-month price target on the company, via a total of 41 analysts, with 14 analysts having strong buy ratings. 20 analysts meanwhile have buy ratings and 7 have hold ratings on the company. […]
Kimberly-Clark Forecasts Price Increases as Inflationary Pressures Accelerate, Supply Chain Disruptions Worsen
In yet another sign that inflation pressures are proving to be a lot more than just transitory, Kimberly-Clark (NYSE: KMB) — the maker of staple household goods such as Kleenex tissues, Huggies diapers, tampons, and toilet paper— has sounded the alarm over impacts of rapidly accelerating prices and supply chain headaches. Shares of Kimberly-Clark tanked […]
Oil Prices Soar Above $85 as OPEC Continues to Restrict Global Supply
The price of oil soared to $85 per barrel on Monday, as OPEC members continue to restrict supply despite growing global demand for crude as skyrocketing natural gas prices prompt gas-to-oil switching. US benchmark WTI futures hit a high of $84 per barrel at the time of writing, while benchmark Brent crude soared to just […]
Lucid Group Stock Soars on News That Is Really Not Additive to the Story
Investors in Lucid Group, Inc. (NASDAQ: LCID) stock seem to continue to emphasize hope over that of an evenhanded assessment of opportunities and risks. On October 25, Lucid shares rose 11.4% on two pieces of news: a company Tweet on October 24 showing a car trailer carrying six covered Lucid Air models; and the rental […]
NTSB Criticizes Tesla for Failing to Address Autopilot Safety Recommendations Issued 4 Years Ago
Tesla (NASDAQ: TSLA) is in the hot seat once again, this time over failing to respond to recommendations issued by the National Transportation Safety Board (NTSB) regarding its Autopilot system. According to a letter sent to Tesla CEO Elon Musk, NTSB Chair Jennifer Homendy accuses the EV maker of not addressing recommendations to ensure that […]