Kits Eyecare Reports $159.3 Million In Prelim Revenue For 2024
Kits Eyecare (TSX: KITS) has released preliminary results for the fourth quarter as well as the full year of 2024. The results are highlighted by topline revenue growth of 32% on a year over year basis. Total revenue for the fourth quarter is reported as being $44.8 million, marking a 42% improvement on a year […]
Canoo Goes Belly Up, Ceases Operations
Electric vehicle maker Canoo Inc. (Nasdaq: GOEV) has filed for Chapter 7 bankruptcy and will cease operations immediately, becoming another casualty among EV companies that went public through SPAC mergers during the sector’s boom. The seven-year-old startup, which owes creditors more than $164 million against $126 million in assets, announced late Friday that talks with […]
External Revenue Service: Trump’s Latest Venture into Doing What’s Already Being Done
U.S. President-elect Donald Trump has proposed the creation of a new agency known as the “External Revenue Service” to collect tariffs, duties, and other revenue from foreign sources. Trump announced the plan on Tuesday via his social media platform, Truth Social, drawing immediate comparisons to the Internal Revenue Service and raising questions about potential overlap […]
Corus Q1 Earnings: Drowning in Debt
What do you do when you operate in a dying industry that has no hope of being restored to the glory days? You put a smile on your face, manage the losses as the ship sinks, and continue to collect whatever sort of paycheck you can muster while funds still exist in the bank. Which […]
Why I Like Altius Minerals: Yields 25% More Than Other Royalty Companies
I recently ended a video telling you guys about two royalty companies that I would name later. And a few of you probably guessed that the first one is Altius Minerals (TSX: ALS). Altius Minerals has been at this a long time. We spoke with CEO Brian Dalton last month, and he had a lot […]
Tilray Q2 Earnings: What’s the Plan Here?
Another quarter, and another loss for Tilray Brands (TSX: TLRY) shareholders who are left wondering why they invested in the company in the first place. Investors on Friday saw the equity sink as much as 15% after the release of the firms second quarter financial results, which were highlighted by single digit revenue growth that […]
Aramco and Ma’aden In High-Stakes Push to Claim Global Lithium Market Share
Saudi Aramco and Ma’aden have jointly announced a significant move to bolster Saudi Arabia’s emerging lithium industry, marking a key development in the Kingdom’s strategic push to diversify its economy and strengthen its role in the global energy transition. According to an official statement released at the Future Minerals Forum in Riyadh on January 15, […]
Cardinal Energy Targets $217 Million in Adjusted Funds Flow for 2025
Cardinal Energy (TSX: CJ) announced its 2025 budget this week, highlighting both the expansion of its Reford Steam Assisted Gravity Drainage project and further investments in conventional asset maintenance. Oil markets have seen slight fluctuations over the past several weeks, with West Texas Intermediate hovering around US$70 per barrel. Analysts believe this pricing environment provides […]
Fresh Revelations Raise Doubts On TikTok’s “Independence” From Beijing
In a fresh wave of disclosures made public this week, the House Select Committee on the Chinese Communist Party has released new documents and recordings suggesting that TikTok, the wildly popular social media platform, operates under the tight oversight of its Beijing-based parent company, ByteDance. The revelations include claims that TikTok executives must swear oaths […]
Trump’s Defense Secretary Pick Struggled To Name a Single ASEAN Country In Confirmation Hearing
In a heated Senate confirmation hearing on Capitol Hill, U.S. President-elect Donald Trump’s nominee for defense secretary, Pete Hegseth, was unable to name a single country from the Association of Southeast Asian Nations, sparking questions about his readiness to navigate one of the globe’s most strategically significant regions. The exchange, led by Sen. Tammy Duckworth, […]