Musk Says New Tesla Factories Are “Gigantic Money Furnaces Right Now”
The recently opened manufacturing facilities in Germany and Texas are “losing billions of dollars” for Tesla (Nasdaq: TSLA), according to CEO Elon Musk himself. Battery shortages and COVID-related Shanghai shutdowns were the main reasons cited by the executive. “Both Berlin and Austin factories are gigantic money furnaces right now. Okay? It’s really like a giant […]
Netflix Lays Off 300 Employees, To Bring Ads To Streaming Platform
Netflix (NASDAQ: NFLX) appears to be struggling as a result of the loss of growth in the tech space. It was revealed this morning that the company has conducted another round of layoffs, which evidently has been blamed on the depressed subscriber numbers of the company. A total of roughly 300 employees were let go […]
Swarmio: Ember Gaming Platform Walkthrough
Joining us today is Aseef Khan, VP for Gaming and Esports at Swarmio Media (CSE: SWRM). He will take us through the Ember Gaming Platform, which was recently launched in Tunisia under the banner of Ooredoo EZ, and in the Philippines as Globe Gamer Grounds. Swarmio Media engages telecommunications and esports firms with solutions that […]
RooGold Closes Out Sampling Program At Arthurs Seat Project
RooGold (CSE: ROO) has completed a rock chip sampling program conducted at its Arthurs Seat Project in New South Wales, Australia. The program was conducted along structural and geological contacts at the property. A total of 274 rock chip samples were collected under the program, with the field exploration team identifying the presence of “significant […]
Milk Prices Set To Go Up Another 2.5% Due To Inflation
The Canadian Dairy Commission (CDC) has approved a second milk price increase this year to help offset increased production costs due to inflation. The recommended farm gate milk price rise beginning September 1 is $1.92/hl or less than 2 cents per liter. This will mean a 2.5% increase, on average, in the price of milk […]
Voyager Digital Reduces Withdrawal Limits To $10,000 Per Day
The current state of the crypto market continues to hit hard for Voyager Digital (TSX: VOYG). The firm late last night quietly announced changes to withdrawal limits amid what appears to be liquidity problems. Withdrawal limits were reduced on Wednesday from $25,000 per day to just $10,000 per day, with the changes being formally made […]
Behind Trump’s Pledge To Never, Ever Ride A Bicycle After Biden Fall
In case anyone was concerned, former President Donald Trump has pledged to never, ever ride a bicycle. The remark follows after President Joe Biden fell off his bicycle on Saturday while on vacation in Delaware. “I hope [Biden] has recovered because as you know, he fell off his bicycle. No, I’m serious. I hope he’s […]
Akanda Corp Sees Shareholders Replace Board Just Months After Go-Public
It may have gone public just in March, but Akanda Corp (NASDAQ: AKAN) has already seen its board of directors kicked to the curb. The firm has seen “concerned shareholders” take control of the company in light of a poor early performance for the company. The concerned shareholders, whom hold 54.1% of the company, this […]
Lithium In Alberta? E3 Lithium Reaches Strategic Deal With Imperial Oil For Pilot Project
Lithium in Alberta? As it turns out, the province known for its production of oil and gas just might also have a significant source of lithium, at least if E3 Lithium (TSXV: ETMC) has anything to say about it. The firm this morning indicated it has entered into a strategic arrangement with Imperial Oil (TSX: […]
Emerita Resources Hits 7.61 g/t Gold, 311.1 g/t Silver Over 14.3 Metres At Romanera
Emerita Resources (TSXV: EMO) has finally released the much-anticipated drill results from its Romanera deposit at its Iberia Belt West project, found in Spain. The firm had previously indicated over 14 metres of massive sulphides had been intersected, with assays at the time still pending. Those 14.3 metres of massive sulphides previously reported on now […]