Should Elon Musk’s Desire For “Freedom” Trump The World’s Need for Truth?
Elon Musk wants to own 100% of Twitter (NYSE: TWTR), and he believes it all boils down to his desire for free speech. “I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning […]
Are we Sleepwalking into a Food Crisis? Fertilizer Supply Shock Threatens to Shrink US Harvests
When it rains, it pours. Food shortages and subsequent inflation are about to get a whole lot worse, because it looks like an imminent fertilizer supply shock will only slash yield and push crop prices even higher. CF Industries Holdings, one of the world’s biggest fertilizer companies, last week warned rail shipments of crop fertilizers […]
Electric Vehicle Maker Iconiq Motors To Be Taken Public In A US$2.5 Billion SPAC Merger
Electric vehicle company Iconiq Motors entered into a definitive business combination agreement with special purpose acquisition company East Stone Acquisition Corporation (Nasdaq: ESSC). The transaction values the combined company at an enterprise value of US$2.5 billion. While no details have been shared yet about the transaction, the companies said that the proposed merger has been […]
Energy Fuels Indicates Nuclear Utilities are Engaging in Talks Regarding Long-Term Uranium Supply Contracts
On April 13, Energy Fuels Inc. (TSX: EFR) announced that during the week of April 4-10, it shipped commercially for further processing a unique combination of commodities — natural uranium concentrates, vanadium pentoxide, and high-purity mixed rare earth element (REE) carbonate. Clearly, this delivery feat represents an important milestone for the company. However, a passage near the bottom […]
Russia’s Deputy PM: Gas Buyers Are Agreeing To Pay In Rubles
It turns out that substitutes for Russian gas are far and few in between after all, meaning that “unfriendly” importers have no choice but to heed Moscows requests and pay for the commodity in rubles. Russian Deputy Prime Minister Alexander Novak on Friday said several buyers of natural gas have already made the switch to […]
Home Sales Fall 4% As Prices Jump 6% In March, Says Real Estate Firm
Homebuyers are seemingly backing out of the market as month-on-month home sales dropped by almost 4% in March 2022, according to a real estate brokerage. Citing its own report, real estate company Redfin (NASDAQ: RDFN) said that they saw a 3.7% reduction in home sales compared to last month. One of the key reasons for this […]
WonderFi To Acquire Crypto Platform For $38.3 Million In Stock
WonderFi Technologies (NEO: WNDR) is acquiring another crypto platform. The firm this morning announced an all-stock transaction to acquire Coinberry, a crypto asset trading platform based in Canada. The platform reportedly has seen transactions to date of over $1.0 billion since being established in 2017. The firm saw revenue of $13.0 million in 2021, with […]
DiDi Global Records US$27.3 Billion In Revenue, Wider Net Loss In 2021
DiDi Global (NYSE: DIDI) released on Saturday its Q4 and 2021 financial results, highlighting US$27.28 billion in annual revenue. This is an increase from 2020’s US$22.24 billion. Breaking down the topline revenue figure, China Mobility business contributed the lion’s share of US$25.19 billion while international revenue and other initiatives added US$568 million and US$1.52 billion, […]
First Majestic Silver Sees Production Decline 16% In Q1 2022
First Majestic Silver (TSX: FM) this morning reported production results for the first quarter of 2022. The company produced a total of 2.6 million ounces of silver and 58,892 ounces of gold, equating to roughly 7.2 million silver ounce equivalents. Production declined by 16% on a quarter over quarter basis, with the company last quarter […]
QYOU Media Hits New Ratings High For Flagship TV Channel In India
Success continues to be seen by QYOU Media (TSXV: QYOU). The firm this morning revealed that it has continued to see its ratings climb within India, with the firm hitting a new high for its flagship television channel, The Q India, last week. The rating, as tracked by BARC, whom is the “Nielsen of India,” […]