Nutrien Targets Producing 18 Million Potash Tonnes Annually By 2025
To address the uncertainty of supply from Eastern Europe, Nutrien Ltd. (TSX: NTR) announced on Thursday its plan to grow its annual potash production to 18 million tonnes by 2025. The firm said this represents a 40% increase from its 2020 production. “The challenge of feeding a growing world has never been clearer as global […]
Electric Vehicle Maker Phoenix Motor Prices US$15.75 Million IPO
Following through its previously announced IPO plan, electric vehicle maker Phoenix Motor Inc. (Nasdaq: PEV) started trading on the Nasdaq Capital Market on Wednesday. The California-based automaker aims to raise US$15.75 million in its debut on the US big board. The offering consisted of 2.1 million common shares at US$7.50 per share. The shares will […]
Bitcoin Needs A Sentiment Change – The Daily Dive
Closing out the week on The Daily Dive today is Frank Holmes, Executive Chairman of Hive Blockchain (TSXV: HIVE) and CEO of US Global Investors. Frank joins us this afternoon to discuss the current state of crypto scams, what needs to happen for bitcoin to return to highs, and rising network difficulty. The discussion then […]
DocuSign Opens To A Sharp 24% Decline Following Fiscal Q1 2023 Earnings Release
DocuSign, Inc. (Nasdaq: DOCU) announced on late Thursday its financial results for fiscal Q1 2023 ended April 30, 2022. The report highlighted a revenue of US$588.7 million, an increase from Q1 2022’s revenue of US$469.1 million and beating the analyst estimate of US$583 million. “We delivered solid first-quarter results, growing revenue by 25% year-over-year and […]
US Inflation Breaks New Record in May as Energy Costs Relentlessly Soar
After briefly flatlining in April, it appears that US consumer prices jumped back into rhythm for the 24th consecutive month, throwing away any hope for team ‘transitory’ or ‘peak’ inflation. Latest data from the BLS showed that CPI rose 1% between April and May to an annualized 8.6%— the highest since December 1981 and substantially […]
Kentucky, The Last Remaining State To Hold Out Against Voyager’s Earn Program
The bluegrass state is still not greener for Voyager Digital Ltd. (TSX: VOYG) as Kentucky remains the only US state not allowing the firm to continue operating its Earn Program. On March 29, the crypto platform received cease and desist orders from the respective state securities divisions of member states of the North American Securities […]
Cboe Global Markets Now Holds 15.6% Of Canadian Equities Market After Closing NEO Exchange Acquisition
In one of the biggest movements in exchanges, Cboe Global Markets, Inc. (Cboe: CBOE) closed its previously announced acquisition of Aequitas Innovations, Inc., more commonly known as the NEO. “With NEO, we are creating another connection across borders through our network of trusted markets, enabling Canadian clients to pursue global growth opportunities through innovation, enhanced […]
Paycore Minerals Hits 25 Metres Of 11.53 g/t Gold Equivalent
Paycore Minerals (TSXV: CORE) this morning released the latest drilling data from its completed phase one drill program at the FAD Property in Nevada. Results from a single hole were released this morning. Highlights from the result include: GH21-04: 11.53 g/t gold equivalent over 25.0 metres, consisting of 1.96 g/t gold, 92.61 g/t silver, 1.26% […]
Marathon Digital Reports Second Straight Month Of Declining Bitcoin Production
Issues with energy providers appears to be a prevelent issue within the public crypto mining space. Following two straight months of fluctuating power costs impacting Hut 8 Mining’s (TSX: HUT) operations in Alberta, industry peer Marathon Digital (NASDAQ: MARA) is now on month two of issues with one of its power providers. Marathon last night […]
Well Health Claims Record Revenues In May, Provides No Hard Details
Well Health Technologies (TSX: WELL) this morning attempted to rally its base amidst its endless slow selloff in the markets. The firm released data this morning on its performance during the month of May, stating that the firm experienced “record revenues” during the month. The company has reported that it has completed a total of […]