Digihost To Conduct $13.3 Million Private Placement After Announcing US$250 At The Market Offering
Digihost Technology (TSXV: DGHI) apparently has a disdain for its shareholders. After announcing on Friday an at-the-market offering nearly three times the size of its entire valuation, the firm on Sunday evening announced that it would also be conducting a private placement with a single investor, leading to further dilution. The financing will see the […]
Vejii Holdings Adds Blender Bites To Its Distribution Platform
Vejii Holdings (CSE: VEJI) continues to add products to its fulfillment and distribution platform. The latest brand to join the platform is Blender Bites (CSE: BITE), whom currently manufacturing organic and plant-based frozen foods that are pre-portioned. Blender Bites currently offers a line of products that are designed to be an “easy smoothie.” The firms […]
Netflix, TikTok Suspend Services in Russia
Netflix (NASDAQ: NFLX) and TikTok have become the latest tech companies to cut ties with Russia, withdrawing their services from the country following the invasion of Ukraine and Moscow’s subsequent crackdown on fake news. Netflix on Sunday announced it halted services in Russia, joining the growing list of tech firms distancing themselves from the country […]
Gold Crosses $2,000 Per Ounce, Commodities Soar As Russia Continues To Cause Market Uncertainty
Futures have gone on a wild ride this evening, with a basket of commodities hitting new fifty two week highs after markets were opened following the weekend. The strong momentum follows a weekend where Russia continued to hit Ukraine, while the nation has signaled it has no intentions of stopping until its demands are met. […]
A Nuclear Power Plant Meltdown In Ukraine Could Now Be A Real Risk
On March 3, Russian forces shelled the Zaporizhzhia commercial nuclear power plant in Ukraine, sparking a fire in a training building outside the plant. Subsequently, the invaders seized the plant and are reportedly forcing the Ukraine nuclear management group to operate the facility “at gunpoint.” The good news is the fire has apparently been extinguished and […]
Will SWIFT Sanctions Against Russia Cause Long Term Problems For The United States?
Last week, essentially all major economic powers in North America, and Europe, including the U.S., the European Commission, France, Germany, Italy, the U.K., and Canada, announced they would not allow some key Russian banks to use the global SWIFT system. SWIFT, or the Society for Worldwide Interbank Financial Communication, is the secure global messaging network […]
Russia Halts Westbound Gas Supplies Via Yamal-Europe Pipeline
Russia halted natural gas supplies to Germany via the Yamal-Europe pipeline last week, despite both westward and eastward supply bids remaining in place. According to data from pipeline operator Gascade, westbound gas flows between Russia and Germany were stopped on Thursday, after sitting at around 17.5 million kWh/h at the Mallnow metering point. Gascade’s figures […]
Dollar Tree: BMO Gets Bullish After Recent Operational Changes
Las tweek, BMO Capital Markets upgraded Dollar Tree (NASDAQ: DLTR) to outperform from market perform and raised their 12-month price target from $155 to $170, saying that the company now offers a favourable risk-reward profile and that they believe that the street has set expectations too low. They believe the company’s recent change to $1.25 […]
Shell Buys Discounted Russian Oil, Promises to Donate Profits to Ukraine
Royal Dutch Shell stands to make a hefty profit, after controversially purchasing heavily-discounted crude from Russia despite pulling its business out of the country merely days earlier. Shell early last week announced plans to withdraw from its joint venture with Russia, drawing criticism to President Vladimir Putin’s military invasion in Ukraine. “Our decision to exit […]
Is Chrystia Freeland a Nazi?
Trudeau’s “everything minister,” is a second generation Canadian from Alberta who spent time in journalism before becoming the Liberal MP for Toronto’s University-Rosedale riding in 2015. She’s since served as the Trudeau Liberal government’s Minister of International Trade, Minister of Foreign Affairs, and in her current dual role as Minister of Finance and Deputy Prime […]