Should MrBeast Take MrBeast Burger and Feastables Public?
Youtube megastar Jimmy Donaldson, or MrBeast as he’s better known, is known for videos of over-the-top, sometimes life-threatening challenges featuring himself, his friends, and once in a while strangers. His viral antics — which clock in tens of millions to over 300 million views each video — are also known to come with enormous rewards, […]
San Francisco Reparations Committee Recommends $5 Million and Debt Forgiveness For Each Eligible Black Resident
A San Francisco committee has proposed a payment of $5 million and debt forgiveness for all eligible members of its Black community for the decades of systemic repression and harm that they’ve experienced. The San Francisco African American Reparations Advisory Committee (AARAC), which was established in December 2020 by the Board of Supervisors to advise […]
Lumber In Slumber: More Sawmills To Close As Prices Poised To Hit 5-Year Low
Chicago lumber futures hit a two-year low of below $350 per thousand board feet, erasing the solid gains traders made when prices were as high as $1,400 per thousand board feet during the height of the recent price spike. Lumber’s drop, which made it the worst-performing commodity last year, was a sharp reversal from all-time […]
What Happened To Trey’s Trades YouTube Content?
Tremayne L. Collins, Trey’s Trades, the active-duty army officer who was once the YouTuber who rose to popularity from creating content almost completely about AMC Entertainment Holdings, Inc. (NYSE: AMC) from the time it became a meme stock in 2021, is seemingly now hiding his YouTube content. Collins, who was more hype than anything, established […]
Silver: A Long Bull Market? — with Peter Krauth
Joining us today on The Daily Dive is Peter Krauth, author of The Great Silver Bull and editor of Silver Stock Investor. Peter sits with us this afternoon to share his thoughts on macro topics including inflation, the Feds rate hikes, and its impact on the economy and the mining sector. And of course, we […]
Magna Mining Continues To Fall As Share Unlock Looms
Magna Mining (TSXV: NICU) is one of the biggest losers on the market over the course of the last week, falling as far as 11% in early morning trading, after declining 10.6% yesterday, and as much as 32% since closing at $1.42 last Wednesday. Highs of $1.49 were achieved by the company last Wednesday, after […]
Is Dave Portnoy Back?
It looks like the world will be seeing the return of Davey Day Trader Global. Dave Portnoy, founder of Barstool Sports, and once Jim Cramer’s favorite stonker, has posted a lengthy announcement of the return of Davey Day Trader Global (DDTG), the YouTube livestream where Portnoy talks about the stock market, which stocks he’s buying, […]
Goldman Sachs Posts Over $1 Billion in Apple Card Losses from January to September 2022
Goldman Sachs (NYSE: GS) lost $3.03 billion from January 2020 to September 2022 on its Platform Solutions division, the collection of businesses that includes Apple Card, according to filings submitted on Friday. Bloomberg reports that $1.2 billion in pretax losses from just the first three quarters of 2022 are attributed to the digital credit card […]
Silvergate Rallies On $1 Billion Net Loss, Further $1.7 Billion In Securities Slated To Be Sold To Cover Debt
Silvergate Capital (NYSE: SI) has reported its Q4 2022 financials, topbilled by a staggering $1.0 billion net loss. This compares to a net income of $40.6 million in Q3 2022 and a net income of $18.4 million in Q4 2021. “During the fourth quarter of 2022, the digital asset industry experienced a transformational shift, with significant […]
Peru Declares Another State Of Emergency As Death Toll Rises Amid Protests
Following weeks of protests against President Dina Boluarte, a 30-day state of emergency was announced in Peru’s capital Lima as well as numerous other areas. The act grants executive power to direct the army with more authority to keep the peace and suspends key liberties, such as freedom of movement and assembly. Protests erupted following […]