Nuran Wireless Included In Massive RFP For Middle Eastern Mobile Sites
NuRAN Wireless (CSE: NUR) may have a potentially significant contract on its hands this morning. That is, of course, dependent upon your interpretation of a vague news release issued by the company this morning related to a large request for proposal, or RFP, for mobile sites across the middle east. The release itself, which states […]
Pond Technologies Enters Research Collaboration To Examine Methane Reducing Algae Feed Solutions
Pond Technologies (CSE: POND) has entered into a fresh research agreement. The arrangement, entered into with BioCarbN Inc and a subsidiary of Associated British Foods, will look to examine the potential ability of certain strains of algae to reduce carbon emissions in cattle. Specifically, the research arrangement will see the group of partners examine whether […]
Payfare Lifts 2022 Guidance By 26%
At a time when tech names in public markets are seemingly reporting disastrous first quarter 2022 earnings results, Payfare Inc (TSX: PAY) is apparently looking to stand out in the crowd. The company this morning broke trend from several of its tech peers, increasing its revenue guidance for the first quarter as well as the […]
Sprott Physical Uranium Trust Sees US Listing Denied By SEC
Physical uranium investors were dealt a bit of a blow this evening with the announcement that the Sprott Physical Uranium Trust (TSX: U.UN) would not be listing on a US big board exchange. The listing application has reportedly been denied by the Securities and Exchange Commission. The rejection of the application to list on the […]
Russia Isn’t Playing Games: Poland, Bulgaria Have Gas Supplies Cut for Failing to Pay in Rubles
It turns out Russia was serious about receiving payments for energy shipments in rubles from hostile nations. Now, both Poland and Bulgaria are left with no other choice but to expedite other imports of energy after the Kremlin cut their natural gas shipments. Making an example out of Poland and Bulgaria, Moscow slashed gas supplies […]
General Motors Reports Solid 1Q 2022 Results, An Unusual Development In The Current Market
In a marked departure from the trends and factors which caused the earnings of a variety of companies to disappoint this earnings season, General Motors Company (NYSE: GM) reported solid 1Q 2022 earnings results on April 26. More precisely, the company demonstrated significant pricing power and reasonably good cost controls in the quarter which allowed the company to […]
Saudi Arabia Looks To Purchase 100,000 Electric Vehicles From Lucid
When Tesla CEO Elon Musk made the US$43-billion offer to take over Twitter (NYSE: TWTR), one of the firm’s major shareholders, Saudi Arabian Prince Alwaleed bin Talal, rejected the deal. While he apparently lost that talk, another carmaker is getting a win by securing an undertaking with the Kingdom of Saudi Arabia for a 10-year […]
Spotify Shares Fall 12% Following Q1 2022 Earnings Release
Spotify Technology S.A. (NYSE: SPOT) announced today its highlight results for Q1 2022. The audio streaming giant notched a quarterly revenue of €2.66 billion, a marginal drop from Q4 2021’s €2.69 billion but a jump from Q1 2021’s €2.15 billion. While the firm saw an increase in users and subscribers, the trend seems to be […]
Will Crypto As Legal Tender Lead To More Economic Activity? – The Daily Dive
On todays episode of the Daily Dive, we see the return of Alex Mashinsky, chairman and CEO of Celsius Network. Alex joins us this afternoon to discuss whether it makes sense for automakers to enter the NFT space, taxes implemented on crypto by governments globally, and the adoption of crypto by corporations. Also discussed is […]
Pure Gold: Canaccord Suspends Rating After Operational Struggles
On Friday, Pure Gold Mining (TSXV: PGM) announced a number of updates for its investors. First, the company announced that it has received US$6 million from Sprott in a secured first-priority, non-revolving credit facility. In the terms of the facility, PureGold has to provide Sprott with a weekly budget for the business. PureGold’s CFO, Chris […]