Tesla Stops Production At Shanghai Facility
According to an internal notification and two people with knowledge of the situation, Tesla (Nasdaq: TSLA) paused production at its Shanghai plant on Saturday. The US automaker canceled the morning shift and instructed all workers at its most productive production hub that they could begin their break, according to the people and the note seen […]
Holiday Chaos: Winter Storm Causes Thousands of Canceled Flights, Power Interruptions In US, Canada
A day before Christmas weekend, the winter storm continued to sweep through much of the United States and Canada, causing over 3,000 flights to be canceled in the US, while WestJet in Canada canceled all its flights on Friday. On top of the travel disruptions, more than 1 million people are also experiencing power interruptions. […]
Theresa Tam Sits Down With Mrs. Clause To Tell Kids They’re On The ‘Good List’ If Vaccinated
In what is likely the most uncomfortable and cringiest video of 2022, Canada’s Chief Public Health Officer Dr. Theresa Tam sits down with Mrs. Clause to tell Canadians they need to get vaccinated or risk demotion to Santa’s “naughty list” this year. In a new pubic health announcement that probably underwent ZERO rehearsal, Tam sits […]
Russia Moves To Boost Size Of Its Armed Forces; To Focus On ‘Volunteers’
Russia plans to increase the size of its armed forces by over 30% “to guarantee the solving of problems related to Russia’s military security,” according to Defense Minister Sergei Shoigu on Wednesday. The plan, proposed by Shoigu at a televised year-end conference of the country’s top military officials on Wednesday, aims to grow the country’s […]
Could Lab-Grown Wood Be The Future Of Furniture?
Humans may soon be able to print entire pieces of furniture from lab-grown wood. A group of researchers at the Massachusetts Institute of Technology (MIT) has developed a way to grow wood in a manner that eliminates the need to cut trees and minimizes the wastage from shaping the material. This means that with their […]
Oil, Gold, and Commodities: 2023 Outlook — With Lobo Tiggre
Back on The Daily Dive is regular guest Lobo Tiggre from the Independent Speculator. Lobo sits down with our host to share his insights on the recent CPI print, and how it impacts the markets. We also talk about the oil situation and how the government may not be giving it enough attention. We then […]
Dutch Gas Futures Fall To Six-Month Low As Winter Boom Softens, EU Price Cap Finalized
Natural gas prices in Europe fell for the sixth day in a row, with front-month Dutch gas futures trading at around €85 MWh, the lowest level in over six months. It’s also the first time the benchmark went below the €90-mark since May of this year. In parallel, US natural gas futures also fell below […]
CarMax Fiscal Q3 2023: Revenue Falls 23.7%, Net Earnings Slump 86.1%, Share Buyback Paused
CarMax, Inc. (NYSE: KMX), America’s largest retailer of used cars, is seeing a continuation of its downward trend as the firm reports its fiscal Q3 2023 financials. The car retailer posted $6.51 billion in revenue, a decrease from Q2 2023’s $8.14 billion and Q3 2022’s $8.53 billion. Total retail used unit sales fell 20.8%, while […]
Curaleaf, Founders Funded By Russian Oligarch Roman Abramovich – Leaked Documents
According to leaked documents, an offshore corporation run by Russian oligarch Roman Abramovich invested hundreds of millions of dollars in the US marijuana market and secretly funded top shareholders of Curaleaf Holdings, Inc. (CSE: CURA). Recently leaked information from Cyprus show that Abramovich’s company–a British Virgin Islands-registered firm, Cetus Investments–invested in a slew of American […]
Market Movers: Colonial Coal Tumbles After Glencore Sees Mine Permit Rejected By Government Of Canada
Colonial Coal International (TSXV: CAD) took a nose dive yesterday, falling 23.9% to $1.05, on 1.72 million shares. The fall from grace, which added to a continued decline in share price from highs of $3.08 earlier this year, is believed to be in relation to the nearby Sukunka Mine, a proposed project by Glencore Canada, […]