Is Amazon Considering An AMC Theatre Acquisition?

E-commerce and streaming giant Amazon (NASDAQ: AMZN) is supposedly considering buying AMC Entertainment Holdings Inc (NYSE: AMC), sending the theatre chain’s stock soaring by the most in a month. As first reported by The Intersect and later cited by Bloomberg, Amazon’s investment advisors are once again allegedly exploring a potential acquisition of AMC, which has […]

Elon Musk’s Neuralink Begins Search for Human Trials Partner

Neuralink has begun looking for a partner for its human trials, ahead of the green light from the Food and Drug Administration (FDA), Reuters reports citing six people familiar with the matter. The brain implant company, which aims to provide a cure for paralysis and blindness, is said to be in talks with Barrow Neurological […]

French Investigators Raid 5 Major banks Over Suspected Tax Fraud, Money Laundering

French and German authorities closed in on the financial district of La Defense in Paris on Tuesday, raiding at least five major banks suspected of committing tax fraud and money laundering. Over 150 French investigators and at least six German prosecutors conducted raids at Societe Generale, BNP Paribas, Natixis, HSBC, and Exane after preliminary investigations […]

Cat Videos Prevent Expansion of Norwegian Munitions Factory

One of Europe’s largest ammunition manufacturers is facing a peculiar conundrum — it’s been unable to achieve its expansion plans and meet new demand quotas because a neighboring data center has been siphoning electricity in the area … to store TikTok videos. “We are concerned because we see our future growth is challenged by the […]

Jeffrey Christian: No, The World Isn’t Moving Away From The Dollar

Joining SmallCapSteve today is Jeffrey Christian, founder & managing director of the CPM Group. In this interview, we dive into his read on the concept of de-dollarization and central banks buying gold. We also discuss the factors he looks at to forecast gold price, and where he sits in terms of copper prices. CPM Group […]

First Phosphate Enters Licensing Agreement For LFP Production Tech

First Phosphate (CSE: PHOS) continues to head down the lithium iron phosphate path, announcing this afternoon that it has finalized a joint LFP homologation agreement as well as an LFP production tech licensing agreement with a UK-based firm. The agreement, entered into with Integrals Power Limited, could anchor the firms future LFP cathode active material […]

Auto Loan Delinquencies, Rejections Push At Record High

The number of auto loan accounts considered severely delinquent has reached an all-time high in 2023, marking problematic symptoms in the embattled automotive industry. In a Q1 2023 Industry Insights and Sales Forecast Call held by Cox Automotive, it was reported that the severe account delinquency rate (nonpaying loan accounts beyond sixty days) has surpassed […]

Binance Bitcoin Balance Takes A Hit After Judge Stops Voyager Deal

Over 4,761 Bitcoins have been withdrawn from the Binance crypto exchange in the last 24 hours, according to market data provided by Coinglass. This comes as a federal judge on Monday temporarily barred bankrupt Voyager Digital from completing a proposed $1.3 billion sale to crypto exchange Binance.US, providing the U.S. government more time to pursue […]