Spey Resources: Pushing For Lithium Production In Argentina
Spey Resources Corp. (CSE: SPEY) is a Canadian mineral exploration company which holds two option agreements to acquire a 100% interest in the Candela II, Pocitos I and II lithium brine projects located in the Incahuasi Salar, Salta Province, Argentina through its wholly owned subsidiary Tech One Lithium Resources Corp. These projects are located in […]
Beyond Meat Sees Analysts Slash Price Targets
Beyond Meat, Inc. (Nasdaq: BYND) recently reported its third quarter results for the period ending October 1, 2022. The company announced revenues dropped 44% sequentially and 22.5% year over year to $82.5 million. This comes as every revenue segment outside of U.S Foodservice saw a high double-digit sequential decline. Beyond Meat’s gross profits came in negative […]
In Reality, U.S. Inflation May Not Have Slowed as Much as Advertised
On November 10, the U.S. Bureau of Labor Statistics (BLS) released constructive Consumer Price Index (CPI) data for October. The index increased 0.4% on the month and 7.7% year-over-year, well below economists’ average estimates of 0.6% and 7.9%, respectively. The U.S. CPI for the twelve months ended September 2022 rose 8.2% comparatively. Similarly, core CPI, which excludes […]
#TrumpIsBack: Elon Musk Decides To Reinstate Trump’s Suspended Twitter Account
Trump’s Twitter account–suspended due to alleged election disinformation–will be back as he starts his third presidential run. But the former president doesn’t see the need to come back. Twitter CEO Elon Musk tweeted on Saturday night that he will reinstate the suspended account of former US President Donald Trump. As of this writing, the account […]
Canaccord: The Bottom For Gold Is Near
Canaccord Genuity Capital Markets on Monday issued an industry update on precious metals, where they indicate that they are seeing signs of gold bottoming. They point to gold and silver’s recent 8% and 11% move last week after the FOMC rate hike, CPI, and Fed Chairman Jerome Powell’s hawkish press conference. Canaccord’s analysts say that […]
Small-Cap IPOs That Are Pump-And-Dumps Are On The Rise, Thanks To Chinese Firms
The Financial Industry Regulatory Authority Inc. (FINRA) cautions that initial public offerings (IPOs) by international small-cap issuers are increasingly being exploited in manipulative trading schemes like pump-and-dump strategies. “FINRA has observed significant unusual price increases on the day of or shortly after the IPOs of certain small-cap issuers, most of which involve issuers with operations […]
Natural Gas Prices Have Plummeted In Europe, U.S. Over The Last Three Months
Aside from potentially Bitcoin (if that is a commodity), perhaps no other commodity has displayed a greater change in near-term fundamentals and trading patterns than natural gas, both in North America and in Europe. Prices were soaring in both regions as recently as three months ago on strong demand for liquefied natural gas (LNG) — demand […]
The Theranos Saga Has Ended: Elizabeth Holmes Sentenced To 11 Years In Prison
A pregnant Elizabeth Holmes appeared in court on Friday to hear the sentence for the four charges of fraud she was convicted of in January. Holmes, who was sentenced to 11 years and 3 months, was facing 65 years of jail time for deceiving investors about her blood-testing startup, Theranos. Her lawyers had asked for […]
Amazon Is Rolling Out More Robots Into Its Warehouses
Amazon (NASDAQ: AMZN) is growing its fleet of robots in its warehouses to meet increased demand for expedited delivery as it faces pressure to cut costs. The use of robots in the e-commerce giant’s warehouses is not new, the company acquired the robotics firm Kiva Systems for $775 million back in 2012, and currently has […]
Taylor Swift Fans Break Ticketmaster
Ticketmaster has canceled the public ticket sale for Taylor Swift’s upcoming tour — one day before it was scheduled to begin, following days of presale drama in what the company says was an unprecedented level of demand. On Tuesday, the first of several ticket ‘presales’ for Swift’s concert tour was opened via Ticketmaster’s Verified Fan […]