Loblaw Q2 2025 Earnings Jumped 56%, Largely Thanks To Accounting
Loblaw Companies (TSX: L) posted Q2 2025 revenue of $14.67 billion, up 5.2% YoY and 3.8% from the prior quarter. On operations, same-store food sales rose 3.5%, barely ahead of internal food inflation of 3.3%. Hard discount banners drove the gains, while drug retail comps added 4.1%, but that included a 6.2% lift from high-margin […]
Teck Resources Slashes Copper Guidance Despite Q2 2025 Profit Jump
Teck Resources (TSX: TECK.B) released its financial results for Q2 2025, headlined by a 12.3% YoY revenue climb to $2.02 billion, yet holding margin almost flat at 23.3%. Profit before tax surged to $125 million from just $20 million a year earlier, while net profit jumped to $206 million (or $0.42 per share) against $21 […]
Spirit Blockchain Outlines Crypto Strategy For ‘Spirit 2.0’
Spirit Blockchain Capital (CSE: SPIR) this morning announced that they are launching what they deem as the next step of their strategic evolution, Spirit Blockchain 2.0.
NexGen Acquires 10% Carried Interest On Certain Claims From Rio Tinto
NexGen Energy (TSX: NXE) has acquired a 10% production carried interest that was previously held by Rio Tinto. The interest was held on over 39 mineral claims held by NexGen within the southwest Athabasca Basin. The carried interest was acquired by NexGen following the exercise of a right of first refusal that they held on […]
Palisades To Issue $20 Million In New Found Gold Stock To Shareholders
Palisades Goldcorp (TSXV: PALI) has announced a plan to dividend out certain shares of New Found Gold (TSXV: NFG) as part of plan deemed to be a “return of capital” transaction for shareholders. The arrangement will see $20 million worth of New Found Gold shares issued to shareholders on a pro-rata basis, with the transaction […]
Orla Mining Suspends Mining Activity At Camino Rojo Following Open Pit Wall Failure
Orla Mining (TSX: OLA) has experienced a landslide at their Camino Rojo Oxide Mine in Mexico. The event reportedly occurred following significant rainfall on site which caused the wall to collapse. The impacted wall is said to be a temporary north wall of the open pit, with the slide including ore material that was expected […]
Aya Gold Sees Production Slip In Second Quarter Amid Ramp Up
Aya Gold & Silver (TSX: AYA) finally reported production results for the second quarter this year, with the company reporting the production of 1.0 million ounces of silver. Production was down from 1.1 million ounces on a quarter over quarter basis, while being up from 432,667 ounces in the second quarter of last year. A […]
Tesla Q2 2025: Cash Flow Cratered 89%, Guidance “Difficult To Measure”
Tesla (NASDAQ: TSLA) reported Q2 2025 results, with total revenue falling 12% YoY to $22.50 billion but rebounded 16% from Q1 2025. Breaking it down, automotive sales dropped 16% YoY to $15.79 billion despite a 16% sequential bounce. In addition, regulatory credit revenue slid 51% YoY to $439 million, removing a key profit crutch. Energy […]
WEF Probe Reportedly Found Klaus Schwab Engaged In Unauthorized Spending, Inappropriate Behaviour
An internal World Economic Forum investigation has found that founder Klaus Schwab engaged in unauthorized spending and inappropriate workplace conduct over the past decade, according to preliminary findings reviewed by the board. The probe—run by Zurich law firm Homburger after an April 2025 whistleblower complaint—details roughly $1.1 million in questionable expenses submitted by Schwab and […]
Saylor “Stretches” For Cash To Buy Bitcoin As MicroStrategy Premium Evaporates
MicroStrategy’s (NASDAQ: MSTR) Michael Saylor has introduced a fourth perpetual preferred security, “STRC”, offered to select investors. It follows STRK (8% cash coupon), STRF (10%), and the planned STRD (10% non-cumulative, 10% coupon) he announced last month. The firm, now dba Strategy, plans an IPO of 5 million shares of STRC at a $100 stated […]