Jim Cramer Wants The Financial Times To Apologize
Jim Cramer wants to be taken seriously. The spirited personality of CNBC’s Mad Money on Wednesday called out the Financial Times over an unwelcome reference related to July’s US inflation reading. On July 13, the FT blog “Alphaville” poked fun at Cramer after the host predicted that the US had reached peak inflation, and said […]
French Energy Prices Soar to Record-Highs: Will The Government Be Able To Keep Up With Its Energy Price Cap?
With the majority of the world focused on natural gas shipments from Russia to Germany, France’s increasing struggle with keeping its lights on at night has taken a backseat. With winter months soon approaching and no end to the energy crisis sparked by Russia’s Ukraine war in sight, France’s electricity outlook doesn’t look very promising. […]
AMC Entertainment: The APE Share, Explained.
Last week, AMC Entertainment (NYSE: AMC) revealed that it would be conducting a special dividend of what it refers to as a preferred equity unit. The unit, which is expected to be paid out on August 19, is set to trade on the New York Stock Exchange alongside AMC shares, under the symbol “APE.” And […]
Ontario Man Swallows Bee on TV
Ontario’s always colorful Premier Doug Ford made headlines this afternoon. Why you ask? Because… Holy Christ! This afternoon Doug Ford swallowed a bee on CPAC. Ford was in Dundalk, Ontario to announce an investment of $500,000 in the Ontario-based company Greenlid, which produces compostable and sustainable products. And unknown to the bee, they would soon […]
Disney Rallies Following Fiscal Q3 2022 Financials, Tops Netflix Subscriber Base For The First Time
The Walt Disney Company (NYSE: DIS) reported on Wednesday its financial results for fiscal Q3 2022, highlighting a quarterly revenue of US$21.50 billion. This is an increase from Q2 2022’s US$19.25 billion and Q3 2021’s US$17.02 billion. The company also saw its paid subscriber base across its streaming platforms, Disney +, ESPN +, and Hulu, increase […]
SEC Starts Investigation On Melvin Capital For The GameStop Short Squeeze
Already closed shop and planning to return money to its investors, hedge fund firm Melvin Capital Management is still being hounded by ghosts of meme-stocks past. The US Securities and Exchange Commission is reportedly launching an investigation into the former investment management firm on how it well communicated risks controls and disclosures to its investors […]
Argonaut Gold Might Have A Gigantic Cash Problem Ahead, Magino’s First Gold Pour Not Yet In Sight
Argonaut Gold Inc. (TSX: AR) announced late Wednesday its operating and financial results for the second quarter ended June 30, 2022. The report highlights a topline revenue figure of US$111.4 million, a decline from US$120.2 million for the same comparable period last year. The revenue came from selling 59,241 gold equivalent ounces at an average […]
Electric Sports Boat Maker Forza X1 Prices US$15 Million IPO
Recreational boating firm Forza X1 (Nasdaq: FRZA) started trading its shares on the Nasdaq Capital Market Friday. The initial public offering is estimated to gross US$15 million. The offering consists of 3.0 million common shares selling at US$5.00 per share. The company is to trade on the Nasdaq market under the symbol “FRZA”. ThinkEquity acts […]
Anti- Religious Extremism Author Salman Rushdie Stabbed on New York Lecture Stage
Famous author Salman Rushdie, who faced numerous death threats for his liberal and anti-extremism views, was stabbed by an attacker while on stage where he was scheduled to give a lecture in western New York. According to AP News which cited several witness reports, the 75-year-old author was about to give a lecture at the […]
Trillion Energy: $7.0 Million In Free Cash Flow Per Month In The Near Term?
Joining SmallCapSteve today is Arthur Halleran, President & CEO of Trillion Energy International, Inc. (CSE: TCF). Arthur sits down with us today to talk about the exciting future of Trillion in the energy landscape, as they project free cash flow of upwards of US$7 million per month. Art walks us through his background in the […]