Is Desalination Absurdly Cheap, As Elon Musk Claimed?
Elon Musk, the chief executive of Twitter, SpaceX, Tesla, and Neuralink, found time in his busy schedule to be a guest of HBO’s Real Time With Bill Maher. Among the glancing discussions on the billionaire’s recent antics, his management style, and the so-called “woke virus”, Maher and Musk side tripped into desalination as the businessman […]
Saskatchewan Premier Vs. Trudeau Gov’t: Net Zero By 2035 Unachievable, Coal Still Present By 2030
Saskatchewan Premier Scott Moe has indicated that the province may oppose an upcoming federal emission policy that he feels will make it harder to keep the lights on. Moe did not elaborate on what he may do to potentially thwart Ottawa’s clean energy standards on Tuesday, but said more information would be given in the […]
Mullen Automotive To Conduct 1 For 25 Reverse Split On May 4
Mullen Automotive (NASDAQ: MULN) is about to have a lot less shares outstanding. The firm this afternoon issued a mid-session press release indicating that they will be conducting a reverse stock split. The reverse stock split is to be conducted at a 1-for-25 ratio, meaning shareholders will receive 1 post-consolidation share for every 25 pre-consolidation […]
Are the Bank Failures Driving Crypto?
The recent failures of three US banks, Signature Bank, Silicon Valley Bank, and more recently, First Republic Bank may have been a factor in an uptick in cryptocurrency ownership. A new study shows that ownership of digital assets has increased by four percentage points since April 2022, with 22% of US adults now owning some […]
Elon Musk Vs. NPR, Explained
It wouldn’t be a normal day without Twitter CEO Elon Musk getting into an online public spat with someone: this time, with the media organization National Public Radio (NPR). The highly polarizing billionaire has set his sights on NPR in his latest antics against media outfits and journalists. Musk, who once claimed to be a […]
US Federal Reserve Hikes Interest Rates 25 Bps
The US Federal Reserve has elected to raise the target for the federal fund rate yet again. The Fed raised the target range to 5 to 5 1/4 percent, representing a 25 bps hike, following a unanimous decision by the committee. “The Committee seeks to achieve maximum employment and inflation at the rate of 2 […]
Rep. Clarke Introduces Measure to Disclose Use of AI Imagery in Political Ads
Representative Yvette D. Clarke, a Democrat from New York, on Tuesday introduced legislation that targets the use of artificial intelligence in political advertising. The measure was triggered by an ad released by the Republican National Committee. There has also been a series of potentially incendiary AI-generated content, including a video of President Joe Biden saying […]
Power Nickel: “You Can’t Fool The Drill Bit”
FULL DISCLOSURE: This is sponsored content for Power Nickel. Joining us today on the Daily Dive is Terry Lynch, CEO of Power Nickel (TSXV: PNPN). Terry sits down with us today to discuss proposed investment tax credits for critical minerals in Canada, and the state of the nickel market. We then transition to a discussion on […]
“How White Men Fight”, “Yummy”, “Slave To Fox Nation”: How Tucker Carlson Got Himself Fired (And Got A $100-Million Valuetainment Offer)
It was relatively an uneventful week last week, unless you’re former Fox News anchor Tucker Carlson. The ex-host of the eponymous nightly show on the network was unceremoniously fired by the company he worked for since 2009. In a statement, the company stated that “FOX News Media and Tucker Carlson have agreed to part ways. […]
Franco-Nevada Sees Revenue Decline 18% In Q1 2023
Franco-Nevada (NYSE: FNV) announced on Tuesday post-closing bell its Q1 2023 financial results, earning $276.3 million in quarterly revenue, down from Q1 2022’s $338.8 million. Breaking down the topline revenue figure, precious metals revenue contributed $212.2 million while energy revenue added $64.1 million. The quarterly revenue comes from 111,238 gold equivalent ounces (GEO) sold, down from […]