GameStop Partners With Immutable X For NFT Marketplace
GameStop Corp (NYSE: GME) is making a push into the NFT space. The firm this morning announced a partnership in the space that will enable the company to pay creators that develop the non-fungible tokens for the firms marketplace. The firm has selected to partner with Immutable X, whom has developed a second layer to […]
Hexo Sees Hostile Takeover Attempt From Shareholder
It appears that a hostile takeover is brewing for Hexo Corp (TSX: HEXO). A concerned shareholder, Adam Arviv, last night announced that he intends to nominate five new independent directors to helm the company as a means of “turning around the underachieving Company’s disappointing performance.” Amongst the complaints levied by Arviv, is that prior management […]
OPEC Maintains Small Output Increase Despite Strong Demand, Rising Prices
Global crude markets are about to get a paltry boost in additional oil output, after OPEC and its allies agreed to raise production by a nominal 400,000 barrels per day beginning in March. During OPEC’s latest meeting, which lasted a mere 16 minutes, oil ministers decided to adhere to their previous plan of increasing oil […]
WeCommerce: Canaccord Lowers Price Target Following Marketing Meetings
Over the last few weeks, Canaccord hosted a number of marketing meetings for WeCommerce (TSXV: WE), while they write, “We remain confident in our positive view after an update with recently promoted CEO Alex Persson and new CFO David Charron.” They have lowered their 12-month price target from C$18 to C$16.50 and reiterated their buy […]
America’s Cracked Labour Market: There are 4.6 Million More Job Openings Than Unemployed Workers
What appeared to be the final pinnacle in America’s labour market with job opening figures remaining stagnant at around 10 million, has just been revised upwards to yet another record in December, as businesses increasingly continue to struggle filling vacant positions. The latest JOLT survey from the Labour Department showed that there were a near-record […]
Video Surveillance Firm Maris-Tech Prices US$15.5 Million Nasdaq IPO
Video transmission technology provider Maris-Tech Ltd. (Nasdaq: MTEK) started trading on the Nasdaq Capital Market today. The Israel-based firm aims to raise US$15.5 million in its debut on the US big board. The offering consisted of 3,700,477 common and pre-funded units. Each common unit is being offered at US$4.20 per unit and consists of one […]
The Growing Demand For Physical Gold – The Daily Dive
Today on The Daily Dive, we welcome back Peter Grandich, CEO of Petergrandich.com. Today, we discuss with Peter the current situation on inflation, gold opportunities in 2022, the Robinhood stock, and the reason why he’s making his Twitter and Youtube accounts private. Peter Grandich & Company specializes in retirement, business and estate planning, that operates […]
IAMGOLD Rejects Shareholder’s Board Restructure Demands
Following the strongly-worded public letter by one of its shareholders regarding its company board’s composition, IAMGOLD Corporation (TSX: IMG) said it is “setting the record straight” with RCF Management. The latter owns 5.2% equity in the mining firm but said it had consulted with major shareholders equating to 40% of ownership. “IAMGOLD firmly rejects RCF’s […]
Yangarra Resources Exits 2021 With 10,060 BOE/D Average Production In Q4
Yangarra Resources Ltd. (TSX: YGR) reported on Tuesday selected unaudited preliminary operational results for Q4 2021. The report is toplined by a quarterly average production of 10,060 boe/d, up from Q3 2021’s 8,710 boe/d and Q4 2020’s 9,169 boe/d. The average production throughput also exceeded by a hair the previously announced guidance of 10,000 boe/d […]
MicroStrategy Records US$134.5 Million In Revenue, US$90.0 Million Net Loss In Q4 2021
It seems MicroStrategy’s (Nasdaq: MSTR) multiple bitcoin purchases are taking a toll on its bottomline. The firm shared on Tuesday its Q4 2021 financial results toplined by a quarterly revenue of US$134.5 million, up from both Q3 2021’s US$128.0 million and Q4 2020’s US$131.3 million. Breaking down the topline revenue figure, product licenses and subscription […]