Russia 1984: Citizens May Soon Be Completely Disconnected From The Internet
With major Western communications and technology companies withdrawing their services from Russia – and subsequent censorship of independent media by Moscow – the country’s citizens may soon face a bleak future ahead: one that does not involve a global connection to the internet. Last week, Russia’s media regulator blocked access to a number of western […]
Elon Musk Advocates Nuclear Power: “Critical To National Security”
Amid the growing concerns of the budding war in Eastern Europe going nuclear, Tesla (Nasdaq: TSLA) CEO Elon Musk is pushing for ramping up nuclear power energy sources in the continent. Musk pointed out in a tweet that the Russo-Ukrainian war bared that “Europe should restart dormant nuclear power stations and increase [the] power output of […]
Will Russia Reduce Its Dependence On The US Dollar? – The Daily Dive
Joining us for the first time today on The Daily Dive is Jim Lewis, cofounder of r/WallStreetSilver. We start off the interview with a discussion on expected rate hikes in the face of geopolitical uncertainty, the impact of sanctions on the global banking system, and Russia’s relationship with China. The discussion then shifts to the […]
Snowflake: Canaccord Drops Price Target From $360 to $210
Last week, Snowflake (NYSE: SNOW) reported its fourth-quarter fiscal 2022 financial results. The company saw its revenue grow 102% year over year to $359.6 million with a 72% gross margin, which puts their gross profits at $257.2 million. Even with 72% gross margins, the company reported a $152 million operating loss for the quarter. For […]
LBMA Suspends 6 Russian Refiners, Causing Potential Gold Supply Crunch
The London Bullion Market Association, also known as the LBMA, is making headlines this morning following a just-published update to its good delivery list. The list specifies which refiners have been accredited by the association as having met certain standings for their bars to trade on the global markets. The update to the list specifies […]
Boycotts And Battles: The Russia-Ukraine Conflict Over The Weekend
It’s a little over a week since Russia launched its invasion on Ukraine. While the military forces involved are so far confined to the two main belligerent nations, the budding war has entailed the global community through various aspects. The war developed within and outside Eastern Europe–and yes, through the airwaves. Gold rallies to $2,000 […]
Canaccord Cuts Kinross Gold’s Price Target To $9.50
Last week, Kinross Gold Corporation (TSX: K) announced the suspension of its Russian operations. The company said that it will be suspending all its activities at its Udinsk development project as well as its operating at its Kupol mine. As we previously highlighted, the decision by Kinross to suspend operations at its Kupol mine will […]
Nickel Climbs Over 40% Following Supply Chain Fears Before Giving Back Some Gains
The price of nickel this morning is up an astounding 40%, with the metal currently trading at $41,991 on futures markets, as per Investing.com. While many commodities are currently up in early morning trading, nickel has by far had the strongest move, having set a new high this morning of $47,891.50. The move is believed […]
Zentek Obtains Final Approval To List Equity On Nasdaq Global Market
Yet another Canadian firm is headed to the US big boards. Zentek Ltd (TSXV: ZEN) this morning revealed it has received final approval for listing its equity on the Nasdaq Capital Market. Formally known as Zen Graphene Solutions, the company initially submitted its listing application back in October. In making the move to the big […]
Bigg Digital Sees Portfolio Company Acquire Decentraland Property In Private Transaction For Undisclosed Figure
Bigg Digital Assets (CSE: BIGG) is the latest firm to gain exposure to that of the metaverse known as Decentraland. The firm this morning revealed that its portfolio company TerraZero, whom it owns roughly a 33% stake in, has acquired a large parcel of land in the virtual world. The land consists of 185 parcels, […]