Biden Warns Facing Cuban Crisis-Like Nuclear “Armageddon” Despite No Evidence From His Own Government
US President Joe Biden has declared that the threat of nuclear “Armageddon” is peaking, at par with the risk brought by the 1962 Cuban Missile Crisis. He refers to the rhetoric pronounced by Russian President Vladimir Putin in threatening to retaliate to the West’s “nuclear blackmail” with its own “various means of destruction.” Biden stated […]
Stifel-GMP: “White House Actions Could Catalyze A Secular Cannabis Bull Market”
Yesterday, US President Joe Biden announced that he is taking steps to make right what a failure the war on drugs has become. He announced that he would be pardoning all prior federal offenses of simple marijuana possession, saying that this affects thousands of people. Additionally, he is calling on state governors to pardon simple […]
Commodities To Watch, With Lobo Tiggre – The Daily Dive
The Daily Dive with Cassandra Leah is back! In making her return, Cassandra is joined by ‘Dive regular Lobo Tiggre from the Independent Speculator. Lobo sits down with Cassandra to provide his read on commodities, including uranium, gold, silver, and nickel. We also discuss what’s happening with the Pound, the Dollar, and where he thinks […]
“Twitter Will Not Take Yes For An Answer,” Says Elon Musk As He Attempts To Avoid Lawsuit
Twitter (NYSE: TWTR) and Elon Musk seemed to have yet again disagreed on the proposed US$44 billion takeover deal after the social media company is said to have rejected the terms put forth by the billionaire. The Tesla chief is being sued by the Twitter board for attempting to renege on the agreement to buy Twitter at […]
What Recession? US Unemployment Rate Falls to 3.5%, Cements Case for Further Rate Hikes
The US labour market remained resilient in September, as businesses continued their hiring spree despite surging inflation and sharp interest rate hikes from the Federal Reserve. Latest data from the Bureau of Labour Statistics showed nonfarm payrolls jumped 263,000 last month, sending the unemployment rate tumbling from 3.7% to 3.5%. Albeit the advance was smaller […]
Freight Companies Are Canceling Dozens Of Sailings From Asia To The US As Consumer Demand Cools
Ocean carriers are ‘blanking’ sailings in what’s supposed to be their busiest period as consumer demand for imported products sinks. A total of 40 scheduled sailings from Asia to the United States West Coast, and 21 sailings to the East Coast have been ‘blanked’ or canceled so far for the next two weeks from October […]
Musk Announces Plans For Long-Delayed Semi Truck Deliveries
Tesla (NASDAQ: TSLA) CEO Elon Musk announced on Thursday that the electric vehicle maker’s semi truck is now in production, with the first deliveries to start in December, three years after the original target production timeline. Musk first unveiled the Tesla Semi, an all-electric Class 8 truck prototype, at a November 2017 event at the […]
Spey Resources Closes On Purchase Of Four Quebec-Based Lithium Properties
Spey Resources (CSE: SPEY) has closed on its previously announced arrangement to acquire several Quebec-based lithium properties. The properties were obtained via the purchase of Lithium Energy Metal Corporation. The properties in question, of which there are four, are found within the James Bay Region of Quebec. Located near Patriot Battery Metals’ flagship asset, one […]
Galaxy Digital Sees Assets Under Management Decline 3.8% In September
Galaxy Digital (TSX: GLXY) appears to have hit a short term top in terms of its assets under management. The firm this morning reported its preliminary results for the month of September, and in short – the company appears to have flatlined. Assets under management for the month of September came in at $1,985.2 million, […]
Tilray Brands Posts Flat Revenue In Q1 2023
Tilray Brands (TSX: TLRY) this morning posted its first quarter financial results, with revenues staying flat on a quarter over quarter basis. The company meanwhile maintained that it retained the top spot within Canadian markets in terms of market share, with an 8.5% stake in the market. Revenue for the quarter came in at $153.2 […]