There’s Too Much Happening In Lithium Right Now — With John-Mark Staude
Joining us today on the Daily Dive is John-Mark Staude, President, CEO, and Director of Riverside Resources, Inc (TSXV: RRI). John-Mark returns to share his thoughts on the Fed and the Bank of Canada, and his take on the current battery metals market, with an emphasis on lithium. He also gives us an update on […]
Minnesota Senator Worries Legalizing Weed Will Put Police Dogs Out of Work
As Minnesota gets closer to legalizing adult-use cannabis, those against it are listing down reasons why they shouldn’t. State Senator John Jasinski spoke about one such reason. He said legalizing marijuana would put “drug dogs” out of work. Okay wait, let’s hear him out. He thinks it’s a “big issue” because these drug-sniffing dogs were […]
Zack Morris Wants His Money Laundering Charge Dropped
In the ongoing court battle against eight social media personalities led by Zack Morris on numerous counts of classic pump-and-dump schemes, the controversial online influencer is arguing that one of the counts alleging money laundering should be dropped. In a filing with the Southern District Court of Texas, Morris (legally Edward Constantinescu) asked the court […]
Kwonzi Scheme: SEC Charges Terraform, CEO Do Kwon For $40-Billion Dollar Fraud
The Securities and Exchange Commission (SEC) on Thursday charged Terraform Labs and its CEO Do Hyeong Kwon with plotting a multi-billion dollar crypto asset securities scheme using an algorithmic stablecoin and other crypto asset securities. According to the SEC complaint, Terraform and Kwon raised billions of dollars from investors between April 2018 and May 2022 […]
Should Teck Resources Use A Coal Division Spin-Out To Fund Its Copper Business?
As part of a strategic shift in base metal mining, Teck Resources (TSX: TECK.A, TECK.B) is considering a spin-off of its steelmaking coal segment or other alternatives to part with one of its major segments. “At the request of the Investment Industry Regulatory Organization of Canada and the New York Stock Exchange, Teck Resources Limited […]
John Tory’s Office Egged On His Final Day As Toronto Mayor
Disgraced Toronto Mayor John Tory has officially resigned, effective as of 5:00 PM on Friday. His three-term tenure ended following the scandalous months-long affair with a 31-year-old former staffer. In a fitting end to his run as mayor, his office was egged on his final day as he sat inside. He just sat there. In […]
DraftKings Smashes Analyst Expectations, Expects Positive EBITDA In 2024
DraftKings Inc. (NASDAQ: DKNG) reported 4Q 2022 results last night which bested analysts’ consensus estimates on all key metrics. In particular, the company’s quarterly revenues totaled US$855 million versus projections of US$799 million, and US$473 million in 4Q 2021. The progression in DraftKing’s adjusted EBITDA loss was similarly encouraging: negative US$50 million in 4Q 2022 compared with […]
Lithium Americas Closes On Initial $320 Million Investment From General Motors
General Motors (NYSE: GM) is officially the largest shareholder of Lithium Americas (TSX: LAC). The firms jointly announced after the close of markets yesterday that the first tranche of a $650 million investment has been closed. The auto manufacturer now holds 15.0 million shares of the lithium mine developer, which it acquired at a price […]
Joe Biden Convinces Tesla To Open Charging Network to All EVs In Bid to Meet Goal of 500K Chargers by 2030
The Biden administration announced on Wednesday that Tesla (NASDAQ: TSLA) will allow EVs manufactured by other automakers to use portions of its US charging network, in an expedited move to meet the ambitious goal of providing 500,000 EV chargers to American drivers by 2030. Currently, there are about 130,000 EV chargers across the US that […]
Last Goodbye: Microsoft Permanently Disables Internet Explorer Desktop App
It feels like we’ve been saying goodbye to Internet Explorer forever, but this time it’s really the end for the MySpace of browsers. Microsoft (Nasdaq: MSFT) announced on Tuesday that it has permanently disabled the desktop version of the app “on certain versions of Windows 10” through a Microsoft Edge update. The company noted that […]