Datametrex Acquires Firm Focused On EV Charging Infrastructure
Datametrex AI (TSXV: DM) is evidently entering into a new vertical. The firm this morning indicated it has EV Connect Solutions, whom is focused on the development of electric vehicle charging infrastructure. Based in Ontario, EV Connect is said to be the exclusive Canadian partner of EVAR, a developer of innovation electric vehicle charging solutions […]
BMO: This Is The Third Golden Age For Oil & Gas
This week BMO Capital Markets released a note on oil and gas, saying that they believe that we could continue to see prices soar “amidst global product shortages stemming from rising demand, refinery closures, and most significantly, the loss of Russia petroleum product exports.” Additionally, they believe that petroleum products will continue to outpace crude […]
SEC Launches Investigation Into Binance’s 2017 Coin Offering
US regulators are determining whether or not Binance broke securities laws during its startup years by selling tokens without registering them with the regulatory body first. According to Bloomberg which cited people familiar with the matter, the SEC opened an investigation into the early origins of the BNB token (previously the Binance Coin), and if […]
Texas Attorney General Launches Investigation Against Twitter Over Bot Accounts
Attorney General Ken Paxton on Monday issued a Civil Investigative Demand (CID) to launch an investigation against Twitter for potentially misleading Texans on the number of bot accounts, and violating the Texas Deceptive Trade Practices Act. The announcement pointed out how the social media platform has “received intense scrutiny in recent weeks over claiming in […]
OnlyFans Booming Despite Surging Inflation
Adult content website OnlyFans has something to gloat about: unlike its tech peer Netflix, the company is not experiencing a decline in viewership despite surging consumer inflation. Business at OnlyFans is booming! The company isn’t seeing a drop in subscriptions like Netflix did in the first quarter even as users contend with accelerating prices— rather […]
Western Digital Yields To Activist Shareholder, Looks At Franchise Split
Western Digital Corporation (Nasdaq: WDC) announced that the firm would be conducting a review of its “strategic alternatives,” including the possible split of its flash memory and traditional hard disk drive franchises. This move follows the clamor of its major activist shareholder Elliott Investment Management to separate the entities. “The Board is aligned in the belief […]
Scotts Miracle-Gro Plummets Following Guidance Cut
The lawn is not safe from the current economic downturn and the grass is definitely not greener for The Scotts Miracle-Gro Company (NYSE: SMG). After a “record” Q2 2022 earnings release, the garden products manufacturer announced today lowering its full-year guidance. As the firm braces for the harsh market effects of inflation, it adjusted its […]
Swarmio: Enabling In-Game Purchases For Consumers – The Daily Dive
Today on The Daily Dive, we sit down with Tesh Kapadia, SVP of Global Sales for Swarmio Media (CSE: SWRM). Tesh sits down with us today to discuss the rising involvement of major brands within the esports category, and the rise of play to earn games. We then transition to a discussion on Swarmio, wherein […]
Biden Administration Unveils $4.3 Billion Plan for Domestic Uranium Production
The Biden administration is urging lawmakers to pass a $4.3 billion plan that would purchase enriched uranium from domestic producers and drastically reduce America’s dependence on Russian imports. According to Bloomberg which cited people familiar with the matter, officials from the Energy Department held discussions with key congressional members to make a case for more […]
Roman Abramovich To Lose UK eSIM Company And Two Jets Valued At US$400 Million
This Russian oligarch is having a bad week. Roman Abramovich continues to feel the burn of the sanctions following Vladimir Putin’s war in Ukraine. This week, the billionaire is set to lose Truphone in the UK, and two of his jets in the US. Truphone, the UK eSIM company partly owned by the Russian oligarch that […]