Cohen Flounders on CNBC, Fails to Explain GameStop’s $56 Billion eBay Play
GameStop (NYSE: GME) CEO Ryan Cohen recently appeared on CNBC to discuss a shocking $56 billion unsolicited bid to acquire eBay. But instead of a confident victory lap outlining a bold vision for the future of e-commerce, the interview quickly unraveled into an awkward and embarrassing exchange. Throughout the broadcast, Cohen repeatedly struggled to explain […]
Electra Secures $20 Million from Canada to Build North America’s First Cobalt Refinery
Electra Battery Materials (TSXV: ELBM) has clinched a $20 million investment from the Government of Canada to advance its groundbreaking project in Temiskaming Shores, Ontario, establishing North America’s first battery-grade cobalt sulfate refinery. The funding, delivered through the Strategic Response Fund, will support the completion of construction and commissioning of the $99.4 million facility, with […]
Boroo Enters Exclusive Talks to Acquire Defunct Eagle Gold Mine
Boroo, a privately held investment holding company, has secured an exclusive window to negotiate the purchase of the shuttered Eagle gold mine, marking the most concrete step yet toward returning the troubled site to production nearly two years after a catastrophic landslide forced its closure. The 90 day exclusivity agreement, signed April 23 with court […]
Oil Sands Alliance Calls for Urgent Government Action to Unlock Alberta’s Oil Potential
The Oil Sands Alliance, representing five of Canada’s largest oil sands producers and over 90% of the country’s oil sands output, is pressing the federal and Alberta governments to accelerate regulatory and fiscal reforms to position Canada as an energy superpower. With no major greenfield oil sands project sanctioned since 2013, the group warns that […]
Is It HODL Time As Bitcoin Breaches $80K Again?
Bitcoin’s latest push back above $80,000 has revived the market’s familiar “HODL” script, but the move is less a clean breakout than a stress test for investors still holding through a brutal correction from last year’s record highs. Bitcoin was recently trading around $80,224, up about 2.0% from the previous close, after reaching an intraday […]
Polymarket Profits Concentrated: 0.1% of Accounts Net Nearly $500 Million
A staggering 67% of profits on Polymarket, a leading prediction market platform, are captured by just 0.1% of accounts, amounting to nearly half a billion dollars for fewer than 2,000 users. A Wall Street Journal analysis of 1.6 million accounts trading since November 2022 reveals a stark wealth concentration in a market with at least […]
Carney: International Order Will Be Rebuilt In Europe
Prime Minister Mark Carney used Canada’s first appearance at the European Political Community Summit in Armenia to argue that the next international order will be rebuilt from Europe, tying the claim to a broader Canadian push into defence, critical minerals, energy, digital infrastructure, space, semiconductors, payment systems, vaccines, and clean technology. “I’ll close with this: […]
Canada Rolls Out $1.5 Billion Relief Package to Counter US Metal Tariffs
Canada has launched a $1.5 billion relief package to support manufacturers reeling from new US tariffs on products containing steel, aluminum, and copper. Announced by Industry Minister Mélanie Joly, the initiative targets firms hit by a 25% surcharge imposed by the Trump administration in early April, a sharp shift from the previous 50% tariff applied […]
Health Canada Clears Second Alzheimer’s Disease Drug
Health Canada has approved Eli Lilly’s once-monthly Alzheimer’s drug donanemab, giving Canada a second therapy that targets amyloid plaques tied to the disease. Eli Lilly Canada, part of Eli Lilly, said Health Canada authorized Kisunla, the brand name for donanemab, for adults with mild cognitive impairment or mild dementia due to Alzheimer’s disease who are […]
G2 Goldfields Drills 3 g/t Gold Over 84.5 Metres, Extending Depth of Deposit To 1 Kilometre
G2 Goldfields (TSX: GTWO) has extended high grade gold mineralization at its Oko Project in Guyana to a vertical depth of 1 kilometre, with its deepest hole to date returning 84.5 metres grading 3.0 g/t gold. The result, reported Monday from new diamond drilling at the project’s Ghanie deposit, extends the known mineralized zone an […]