Cathie Wood’s ARK Invest Moves Price Target For Tesla To $2,000 Per Share
By this time, it’s borderline amazing how ARK Invest chief Cathie Wood moves the stocks involved in her portfolio, including when she continuously hypes up Tesla (Nasdaq: TSLA) despite liquidating much of the funds holdings in the name. According to a recent report, Wood’s ARK Invest predicted Thursday that Tesla might reach $2,000 per share […]
Gold Heist? US$15 Million Worth of ‘High-Value’ Cargo Stolen at Pearson Airport
An aircraft shipping container carrying US$15 million worth of precious cargo has gone missing at the Pearson Airport in Toronto on Monday evening. Peel Regional Police Inspector Stephen Duivesteyn said at a news conference that the aircraft carrying the cargo arrived at the airport in the early evening and the container was unloaded and then […]
MindMed Activist Investor Moves To Take Control Of Board
MindMed (NASDAQ: MNMD) has seen its activist investor file a preliminary proxy statement for its proposed set of directors after the firm indicated last year it intended to work to take control of the company. The activist investor, FCM MM Holdings, is ran by a former co-founder of MindMed, Dr Scott Freeman. Describing itself as […]
Twitter Removes “State-Affiliated” Badge On Chinese And Media Accounts
It appears that the recent debacle by Elon Musk in relation to slapping the “Government Funded Media” tag on several western media outlets Twitter accounts was all a ruse. As of yesterday, Twitter has dropped such labeling – and has also done so for tags such as “China state-affiliated media.” The dropping of the label […]
BuzzFeed Slumps 20% After Shutting Down News Division
BuzzFeed, Inc. (Nasdaq: BZFD) is closing its news division and laying off 15% of its employees. The company announced the news in an email to employees on Thursday from CEO Jonah Peretti, who stated that the layoffs will affect about 180 workers. “While layoffs are occurring across nearly every division, we’ve determined that the company […]
Colonial Coal Reportedly Sees Strong Interest After Marketing Its Met Coal Properties
Colonial Coal International Corp. (TSXV: CAD) is a pure-play metallurgical (met) coal development company. It owns two major coal projects in the Peace River Coalfield in northeastern British Columbia (B.C.): Huguenot and Flatbed. Huguenot and Flatbed have nearly 700 million tonnes of steelmaking coal resources. When fully operational, the projects could produce about six to seven million tonnes […]
Arkansas Removes Taxes on Gold and Silver
Arkansas Governor Sarah Huckabee Sanders signed House Bill 1718, or the Arkansas Legal Tender Act, into law on April 11, after passing unanimously at the Senate 32-0, and through a vast majority at the House 82-8. The new measure, introduced by Rep. Robin Lundstrum and state Sen. Jonathan Dismang, both Republicans, is backed by the […]
Toronto Clips Wings of Backyard Chicken Program Over Avian Flu Concerns
Toronto’s backyard chicken pilot program, UrbanHensTO, will not be extended or expanded beyond its current mandate, according to a report presented by city officials. The program allowed households in five of the city’s wards to keep up to four hens in their backyards for personal egg production and enjoyment, but concerns over disease transmission and […]
Scammers Use AI to Clone Girl’s Voice in $1 Million Kidnapping Scheme
The acceleration of artificial intelligence has made tools more accessible to anyone, including scammers always finding ways to wet their beaks. Bad actors have been using AI to clone voices for extortion scams. Jennifer DeStefano, a mom from Arizona, picked up a call from an unknown number and heard crying from someone she was sure […]
Ryan Reynolds Sued For “Investing” In Nuvei
UPDATE: Apparently the case has been dropped, with the firm behind the class action, LPC Avocat, reaching out to tell us as much. An application for a class action suit was filed in the Superior Court District of Montreal against Nuvei (Nasdaq: NVEI) and Hollywood actor Ryan Reynolds, alleging that they gave the false impression the […]