Move Over Tesla! Warren Buffet-Backed BYD Becomes the World’s Leading EV Seller
It appears that Tesla (NASDAQ: TSLA) is no longer the biggest seller of electric vehicles in the world, after Chinese automaker BYD surpassed its American counterpart this year. According to the latest company filings, BYD, which is backed by billionaire investor Warren Buffet, sold 638,157 electric and hybrid cars in the first half of 2022, […]
Over 25 Government Resignations Threaten UK Prime Minister Seat, Boris Johnson Vows To “Keep Going”
Embattled UK Prime Minister Boris Johnson is determined to hold on to his position even after mounting resignations from his government have now reached more than 25 officials in just 24 hours. “The job of a prime minister in difficult circumstances, when he’s been handed a colossal mandate, is to keep going and that’s what […]
Is $3000 Gold Possible? With David Garofalo – The Daily Dive
Returning to the Daily Dive this afternoon is David Garofalo, Chairman & CEO of Gold Royalty Corp (NYSE: GROY). David joins us to answer the $3000 gold price question, to share his thoughts on what will drive the gold price higher, as well to discuss company updates and financial results. Gold Royalty Corp is a […]
Toronto’s Real Estate Market Expected to Remain Unchanged Over Summer Months
Last month’s home sales continued to be impacted by rising borrowing costs, as potential homebuyers took a break from the housing market in order to monitor the trajectory of real estate prices. Latest data from the Toronto Regional Real Estate Board (TRREB) showed that a total of 6,474 homes traded hands in June, marking a […]
Warren Buffett’s Berkshire Hathaway On The Way To A 20% Stake In Occidental
Berkshire Hathaway (NYSE: BRK.A), a conglomerate owned by Warren Buffett, recently disclosed that it acquired an additional 9.9 million Occidental Petroleum (NYSE: OXY) shares, bringing its ownership to a total of 163.4 million shares, with a stake of 17.4%. Berkshire paid about US$584 million for the shares from Wednesday to Friday last week, at an […]
Alameda Research Revealed As Second Largest Counterparty In Voyager Digital Bankruptcy Filing
The crypto space is beginning to appear to be rather circular. Following the Chapter 11 Bankruptcy filing made by Voyager Digital (TSX: VOYG), numerous documents have been filed revealing the inner details of the company. Some of which, the firm had previously worked to keep private from market participants. One key item revealed as part […]
Novo Resources Sees Grades At Beatons Creek Decline To 1.02 g/t Gold
Novo Resources (TSX: NVO) this morning provided production data for the second quarter of 2022. Gold production saw a decline from the first quarter of the year, despite more tonnes being processed as gold grades continue to slide. Total gold production for the second quarter amounted to 12,610 ounces, versus 13,378 ounces in the first […]
Canada Nickel Expands Resource To 3.5 Million Tonnes Contained Nickel
Canada Nickel Company (TSXV: CNC) has finally completed an updated mineral resource estimate for its flagship Crawford Nickel property. The results of the update were positive, with measured and indicated mineral resources more than doubling from their previous estimate. The refined filing now estimates that the company has 1,425.1 million tonnes of 0.24% nickel, resulting […]
Voyager Digital Files For Chapter 11 Bankruptcy Protection Following 3AC Loan Default
If Voyager Digital (TSX: VOYG) shareholders didn’t think it was all over before following a string of unfortunate events, it certainly is now. The firm late last night filed voluntary petitions for Chapter 11 protection as it looks to implement a restructuring plan. The filing was made in the US Bankruptcy Court of the Southern […]
Turkey’s Inflation Rate Soars Close To 80% In June, The Highest In Two Decades
Turkey’s annual inflation rose to 78.6% in June, as the cost of food and transportation continue to skyrocket. This is the country’s highest annual increase in 24 years. The country has suffered through widespread inflation in the past few months, and has seen its currency, the lira, fall by almost 20% against the dollar year […]