InsuraGuest Goes Lives With TravelNet Solutions’ Platform
InsuraGuest Technologies (TSXV: ISGI) has finally gone live with TravelNet Solutions. After completing the integration last year, the company has finally seen TravelNet launch its new enterprise software solution, known as Track PMS. Integration with the new platform was originally announced in August 2021, with the strategy at time of announcement being that InsuraGuest’s insurtech […]
Riot Blockchain Ends 2021 With US$213.2 Million In Revenue, US$7.9 Million Net Loss
Riot Blockchain, Inc. (Nasdaq: RIOT) reported late Wednesday its financial results for 2021. The results highlighted US$213.2 million in annual revenue, an increase from 2020’s revenue of US$12.1 million. Revenue share from cryptocurrency mining came in at US$184.4 million, while US$24.5 million came from data center hosting services and US$4.2 million came from engineering revenue. […]
K2 Gold Walks From California Gold Property Citing “Political Interference At The Highest Levels”
K2 Gold (TSXV: KTO) is waiving the white flag on its Mojave project in California. The firm is walking away from the project after the Bureau of Land Management insisted that a full environmental impact statement be filed for a planned phase 2 drill program on 12.2 acres of land. Classifying the move as an […]
Glass House Brands Spins Its Wheels In Q4 2021, Generating Negative Gross Profit
Glass House Brands (NEO: GLAS.A.U) appears to be spinning its wheels in terms of its financial results. The company this morning posted its fourth quarter financial results, with revenues growing to $18.4 million in the fourth quarter. While revenues grew 7% on a sequential basis from $17.2 million to $18.4 million, the effort appears to […]
Blue Lagoon Intersects 22.12 g/t Gold, 47.95 g/t Silver Over 2.14 Metres
Blue Lagoon Resources (CSE: BLLG) this morning released its latest round of assay results from its flagship Dome Mountain Gold Project, found in British Columbia. The results come from the firms phase two drill program conducted in 2021. Assays from a total of three holes were released, which were focused on exploring the Chance Structural […]
Hut 8 Mining Sees Q4 Revenue Grow To $57.9 Million
Hut 8 Mining (TSX: HUT) this morning released its fourth quarter financial results, posting revenue of $57.9 million for the three month period, an improvement over the prior quarter. Despite the improving revenue figure, the firm posted a net loss of $111.2 million for the quarter. Revenue for the quarter grew 15.0% on a sequential […]
Policy Error or New Economic Reality? Fed Hikes Rates for First Time Since 2018 Ahead of Yield Curve Inversion
Against a backdrop of consumer prices sitting at the highest in 40 years, an escalating Russia-Ukraine conflict teetering on the edge of WW3, and commodity shortages, the Fed— which by now has shamefully walked away from its policy error on transitory inflation— turned up the hawkish rhetoric on Wednesday, hiking rates by 25 basis points […]
China Vows to Retaliate if Washington Imposes Sanctions Over Neutral Stance on Russia-Ukraine Crisis
Beijing’s refusal to denounce Russia’s military operation in Ukraine prompted concern among White House officials, who have threatened serious repercussions should the communist country provide aid to Moscow. “Should they provide military or other assistance, that of course violates sanctions, or support the war effort, there will be significant consequences,” US Press Secretary Jen Psaki […]
Canadian Home Prices Were up Nearly 30% in February
Canadian housing prices jumped by yet another record in February, as buyers took advantage of historically low borrowing costs ahead of the central bank’s planned series of interest rate increases which kicked off in March. National home sales were up 4.6% month-over-month in February, as the number of listings modestly rebounded following a sharp decline […]
Peter Schiff, Who’s Proud to Claim America Was Founded By ‘Rugged Individuals,’ Is A Little Too Concerned About Zelenskyy’s T-Shirt
Economist Peter Schiff tweeted an interesting reaction to Ukrainian President Volodymyr Zelenskyy’s appeal to US lawmakers on Wednesday. Instead of commenting on the leader’s address, Ukraine’s situation, or the US’s position, he was distracted by Zelenskyy’s lack of a suit. This tweet is coming from the same person who claims that America was founded by […]