Japanese Government To Invest In Metaverse, NFT Expansion
Japan’s Prime Minister Fumio Kishida said in a policy speech to the country’s parliament on Tuesday that plans to increase investments in the country’s digital transformation will include the metaverse and NFTs. Kishida said that Japan will continue to “focus on supporting the social implementation of digital technology,” as well as “promote efforts to expand […]
Looks Like We’ll Soon Have An Inverse Cramer ETF
Someone finally went ahead and did it. Tuttle Capital Management, the Connecticut-based advisory firm on Wednesday submitted a preliminary prospectus filing with the United States Securities and Exchange Commission for two new exchange-traded funds (ETFs) that will bet against Jim Cramer’s investment tips. Jim Cramer, the energetic host of CNBC’s Mad Money, has gained a […]
Tiff Macklem Promises More Rate Hikes, Acknowledges Core Inflation Isn’t Weakening
Even though incoming data suggests Canada’s economy may be weakening, Bank of Canada Governor Tiff Macklem concedes that core inflation still isn’t slowing down, affirming the central bank’s commitment to further interest rate hikes. After dedicating every breath to persuading Canadians that inflation is temporary and they can rest assured rates will remain “low for […]
BMO Cuts Sandstorm Gold’s Price Target After Underwriting Financing
On October 4, Sandstorm Gold (TSX: SSL) announced the closing of their bought deal financing. The company said it had closed on US$92 million under the financing, issuing 18,055,000 shares for US$5.10 per share. The company said it intends to use the proceeds, “for future acquisitions of streams and royalties, the repayment, from time to […]
President Biden Begins Process Of Reviewing Legality Of Cannabis At Federal Level
US President Joe Biden this afternoon just made a major announcement as it pertains to cannabis. In a six-tweet Twitter thread, Biden announced that he will be “taking steps to end our failed approach,” referring to how the federal government treats cannabis. Beginning the thread with the words of “no one should be in jail […]
US Warns Escalation If North Korea Continues “Down This Road” After Missile Launch
US Secretary of State Antony Blinken cautioned that if North Korea continues “down this road” of provocative behavior following its ballistic missile launch over Japan on Tuesday, the country might be forced to heighten its response accordingly. Speaking to reporters during a press conference in Santiago, Chile, Blinken said that Pyongyang’s continued missile provocations “will […]
Brazil’s Presidential Elections Has PredictIt Bettors Worried
On the political betting site PredictIt, people are bracing themselves for a possible coup in the event that Brazilian President Jair Bolsonaro loses his bid for re-election. In Brazil, a candidate needs to achieve a majority of over 50% of the votes to win a presidential election. And since the weekend’s tally for the first […]
LFP Batteries: A $50 Billion Industry In The Making — With Peter Kent
Joining SmallCapSteve today is Peter Kent, President & Director of First Phosphate Corp. Peter is a former journalist and politician who served as the Conservative MP for Thornhill until last year, and as Minister of the Environment under Stephen Harper. This afternoon, Steve and Peter sit down to discuss Canada’s role in global oil production […]
HSBC Reportedly Looking Into Divesting Canadian Operations
HSBC (NYSE: HSBC) said in a statement that it is currently reviewing strategies for its wholly-owned subsidiary in Canada, including a potential sale of a 100% stake. “We are currently reviewing our strategic options with respect to our wholly owned subsidiary in Canada,” the company said in a statement. “HSBC regularly reviews its businesses in […]
Elon Musk Provokes Ukraine’s Ire With Absurd Tweets
Elon Musk must be getting bored of seeing headlines about his Twitter problem and the cringey text exchanges, to the point that he’s trying to pump new headlines (like this one!) with another absurd Tweet that no one really asked for. He chose a really hot topic, too. The comments, which could only be described […]