El Salvador’s Bukele: Bitcoin Will Hit $100K in 2022
El Salvador’s head of state forecasts that bitcoin will soar to a six-digit price target before the end of 2022. El Salvador president Nayib Bukele predicts that the world’s largest cryptocurrency will hit a price of $100,000 before the end of the year, after the South American country recently adopted it as official legal tender. […]
GM Smashes Into EV Market with Electric Chevy Silverado to Rival Ford’s F-150 Lightening
General Motors unveiled its long-awaited all electric Chevy Silverado pickup truck on Wednesday, and it is expected to spur buzz across EV markets and heat up competition among rival automakers including Ford and Tesla. As part of the CES tech conference in Las Vegas, GM CEO Mary Barra unveiled the automaker’s fully electric version of […]
European Commission’s Renewable Energy Proposal Could Drive Demand for Uranium
According to The Guardian newspaper in the UK, the European Commission (EC) has proposed classifying nuclear energy as an “environmentally sustainable economic” activity. The EC is the executive branch of the European Union and is responsible for proposing legislation and enforcing EU laws. If approved by the EU, nuclear energy would be considered essentially green energy in […]
Americans are Quitting Their Jobs in Record Numbers
Following what has been a robust tenure of consecutive monthly increases in job openings across the US, it appears that the number of employers seeking new hires has finally reached its peak, and began to wane in November. According to the latest Job Openings and Labor Turnover survey compiled by the BLS, job openings fell […]
India-Focused Tech SPAC Cartica Acquisition Prices US$200 Million IPO
Special purpose acquisition company Cartica Acquisition Corp. (Nasdaq: CITEU) started trading on the Nasdaq Global Market today. The firm aims to raise US$200.0 million in its initial public offering. The offering consisted of 20.0 million company units at US$10.00 per unit. Each unit contains one Class A common share and one-half of a redeemable warrant. […]
Farts In Jars: The Next Big NFT?
Today we look at Stephanie Matto, a former star from 90 Day Fiance, who recently monetized her 280k+ following selling her farts in jars for $1,000 per jar. Demand was so strong for these jars she ended up selling up to $50,000 worth of jars per week. In the end, Stephanie found herself hospitalized from […]
Agrify Acquires Cannabis Extraction Firm PurePressure For $9 Million
Agrify Corporation (Nasdaq: AGFY) announced this morning that it has completed the acquisition of another cannabis extraction solutions provider PurePressure. The transaction is reportedly for a total consideration of $9 million. The purchase price consists of $4 million in cash and $5 million in unregistered Agrify common shares. The agreement also stipulates a potential $3 […]
Leafly Names SPAC Merger’s Board Of Directors
Leafly Holdings announced on Tuesday the members of the board that will following the business combination with blank-check company Merida Merger Corp. I (Nasdaq: MCMJ). The list is said to bring “wide-ranging expertise and diverse perspectives.” The online cannabis platform’s CEO Yoko Miyashita and Merida Merger’s president Peter Lee join the group of executives coming […]
Emerald Holding Closes Acquisition Of Cannabis Event Producer MJBiz
Emerald Holding, Inc. (NYSE: EEX) announced on Tuesday it has completed the acquisition of cannabis event producer MJBiz. The move is said to accelerate the firm’s strategy of “delivering 365-day customer engagement.” The company paid an initial consideration of US$120 million upon closing, with expected potential future payments tied to MJBiz’s performance in 2022. MJBiz […]
Voyager Digital Estimates US$165 Million In Revenue For Q2 2022
Voyager Digital Ltd. (TSX: VOYG) reported today its preliminary revenue and user metrics for fiscal second quarter of 2022, ended December 31, 2021. The report highlighted an estimated quarterly revenue of US$165 million, more than double its Q1 2022 revenue of US$81.5 million and a huge jump from Q2 2021 revenue of US$3.6 million. For […]