Eguana Tech Receives $2.4 Million Order Under Hawaii VPP Program
Orders are beginning to flow in for Eguana Technologies (TSXV: EGT) in relation to their partnership with Pineapple Energy (NASDAQ: PEGY) in Hawaii. The firm this morning confirmed that it has received over $2.4 million in orders under the VPP Battery Bonus program within the state. The orders relate to a partnership previously put into […]
The Taiwan Paradox: The Nancy Pelosi Visit No One Asked For
Saying that treading the delicate balance of diplomatic relationships with China and Taiwan is hard is an understatement. The tumultuous history of the island’s secession from the mainland has been a potential tinderbox for world war, with states trying to master the art of gaining the good side of both governments without offending the other. […]
New Found Gold Outlines 630 Metres of Strike In New Zone North Of Keats
Gold discoveries continue to be made by New Found Gold (TSXV: NFG). The company this morning revealed that it has managed to connect mineralization between two separate gold zones via continued drilling at its flagship Queensway project. The results from a total of 17 drill holes were released this morning, with drilling conducted north of […]
Karora Resources Hits 13.6 g/t Gold Over 5.3 Metres At Beta Hunt
The laterst drill results from Karora Resources (TSX: KRR) are expected to have significant positive impacts on the firms current mineral resource at the Beta Hunt mine. Karora this morning released the latest results from ongoing exploration at the Western Flanks zone at Beta Hunt, where mineralization has been encountered 150 metres below the current […]
Kyle Bass Reminds Texas That A Billionaire With Ties To The Chinese Communist Party Owns A Massive Piece Of Land Right Next To The Laughlin Air Base
When Kyle Bass, a Dallas-based hedge fund executive and a staunch critic of the Chinese Communist Party, first found out about Sun Guangxin’s Texas properties in December 2020, he made sure to make as much noise about it as he could. Now, close to two years later, not much has changed, and Bass is still […]
Meta Makes It Back On Top 10 List Of Most Valuable Companies, But…
It’s a good news/bad news situation. Good news: Meta Platforms, Inc (NASDAQ: META) is back on the list of the top 10 most valuable companies in the world. Bad news: everything else Meta (except their expenses) is on a downtrend. The company climbed up to the number 8 slot after its fall to number 11 […]
US Cannabis: Stifel Expects “Limited To No Sales Growth”
Earlier this month, Stifel-GMP came out with their US cannabis second quarter preview, calling the bottom on the drawdown but resetting their estimates for many cannabis names in their coverage to include “limited to no sales growth across most markets.” The analysts say that an elevated recession risk, challenging macro environment, and price compression/margin erosion […]
Tim Hortons Offers A Cup Of Coffee And A Doughnut To Settle Class Action Suit Over Data-Tracking
Tim Hortons has announced that they have reached a proposed settlement in multiple class action lawsuits over accusations that the restaurant chain’s mobile app secretly tracked its users, violating customer privacy laws. And the settlement is that they would offer a free coffee and a doughnut. Okay, it’s not strictly coffee and a doughnut: affected […]
US Consumers Expect Softened Labour Market, Persistent Inflation
Despite persistence from the Biden administration and the Federal Reserve that the US economy is NOT in a recession, consumers’ inflation expectations and labour market outlook may suggest otherwise. The latest University of Michigan consumer sentiment index rose slightly from June’s historic low of 50 to 51.1 in July, but the focal point was respondents’ […]
Bitfarms Sells Off Further Bitcoin To Reduce Crypto-Backed Debt
It appears that Bitfarms Ltd (TSX: BITF) has learned its lesson when it comes to debt backed by volatile cryptocurrencies. The firm in July further reduced its outstanding debt backed by Bitcoin, cutting the debt from US$38.0 million to $23.0 million. The debt was reportedly repaid via a combination of the sale of bitcoin mined […]