Fisker Reports 4Q Results; Has Sufficient Cash to Advance Flagship Ocean EV SUV to Production
Earlier this month, Fisker Inc. (NYSE: FSR) reported 4Q 2021 results that, on balance, included more positives than negatives, particularly given the company’s current market valuation. Fisker’s share price has been approximately cut in half since mid-November 2021, following the pattern of many start up electric vehicle (EV) OEMs and other highly valued pre-revenue companies. Still, Fisker’s valuation must be […]
Blue Lagoon Resources: Dome Mountain Project Presents Large Discovery Potential
Blue Lagoon Resources Inc. (CSE: BLLG) is a Vancouver-based junior mineral exploration company that is actively exploring and developing its projects in British Columbia. The company is focused on advancing its flagship 100-owned 18,617 hectare Dome Mountain Mine high-grade gold project located 66 kilometres east of Smithers in northwestern BC. The Dome Mountain project holds […]
Lucid Group Recalls 203 Dream Air Models, Pointing To Possible Guidance Miss
On February 22, Lucid Group, Inc. (NASDAQ: LCID) announced the recall of precisely 203 of the US$169,000 Lucid Air Dream Editions it has delivered to customers. According to a National Highway Traffic Safety Administration (NHTSA) announcement, the company is recalling the vehicles because a front strut damper may fail, which in turn could damage a front brake line […]
Canaccord’s Digital Asset Symposium Sees Michael Saylor Push Bitcoin As A Hedge Against Uncertainty
On February 15th, Canaccord Genuity hosted their fourth consecutive Digital Assets Symposium, which included a number of different thought leaders throughout the space. Most notably, speakers include Microstrategy’s (NASDAQ: MSTR) CEO Michael Saylor and the CEO of Grayscale, Michael Sonnenshein. They start the note off by saying that a lot has changed since the start […]
Germany Moves To Secure Its Natural Gas Supply Chain
It appears that in the face of the continually evolving geopolitical tensions in Europe, German lawmakers have suddenly had a change of heart – or a hard realization – when it comes to its energy security. Bloomberg this morning has reported that the nations policy stances on a number of key issues have changed rather […]
European Natural Gas Soars After Ukraine Invasion; LNG-Related Investments Seem a Good Bet On Rising European Demand
European natural gas prices soared just over 50% on February 24 in response to Russian President Putin’s orders to begin the invasion of Ukraine — and to the televised nature of the assault which reminded viewers of the horrors of war. The reason: Gazprom, a Russian majority state-owned energy corporation, supplies roughly 40% of the Europe’s […]
Indonesian Nickel Mine Contamination Could be Cautionary Issue for EV Battery Development
The electric vehicle (EV) revolution appears to be one of the most unstoppable business trends across the globe. Many governments are providing substantial support to EV companies, including OEMs, battery-metal mining companies, and firms that are building out charging stations. Moreover, almost every day, a major legacy automaker announces new, multibillion dollar plans to develop and introduce […]
Coinbase Earnings: “I Have Some Good News and Some Bad News for You”
On February 24, after the regular market close, Coinbase Global, Inc. (NASDAQ: COIN), the operator of the world’s largest cryptocurrency trading platform, reported extremely strong 4Q 2021 earnings. A robust cryptocurrency market in much of 4Q 2021, together with frenetic trading by Coinbase’s customers, provided a great fundamental backdrop during the period. Net revenue in the quarter […]
Haywood: Junior Mining Sector “Offers Deep Contrarian Value”
Haywood Capital Markets released its first junior exploration report for 2022. Since the company’s last update in October, only five out of their coverage group saw a positive reaction with the average return being -6%. They say that this provides investors with an attractive entry point as the group trades at historic lows relative to […]
US Microchip Company Nvidia Suffers Cyber Attack
US-based microchip company Nvidia (NASDAQ: NVDA) has reportedly suffered a cyber attack, with parts of its business experiencing outages for several days. According to The Telegraph, Nvidia’s developer tools and email systems have been offline for the past two days, after suffering what appears to be a cyber attack. The malicious action comes just as […]