DeepSeek’s Claims On Infra Costs Might Actually Be Way Bigger
Recent investigations into Chinese AI firm DeepSeek have raised significant questions about the company’s public statements regarding its infrastructure costs. While the company has touted its ability to train cutting-edge AI models at a fraction of what competitors spend, independent research from SemiAnalysis suggests the company’s investment in GPUs and server infrastructure is vastly understated. […]
Aurora Cannabis Enters $27 Million Supply Agreement With SNDL
Aurora Cannabis (TSX: ACB) has entered into a major agreement with SNDL Inc (NASDAQ: SNDL). The arrangement will see Aurora supplied with premium cannabis flower over a three year period with an option to extend. The flower, to be grown at SNDL’s Atholville indoor facility, is said to be valued at $27 million over the […]
SilverCrest Shareholders Approve Coeur Mining Transaction, Deal To Close February 14
SilverCrest Metals (TSX: SIL) has seen shareholders approve of its acquisition by Coeur Mining (NYSE: CDE). The company saw over 99% of votes cast at its shareholder meeting approve of the transaction. The transaction will see SilverCrest shareholders receive 1.6022 Coeur common shares for each share of SilverCrest held, implying consideration of $11.34 per share […]
Endeavour Silver Sees Initial Capital Costs Jump 22% At Terronera
Endeavour Silver (TSX: EDR) has seen expected costing at its Terronera project under development rise dramatically. The firm this morning provided a progress update to the project, indicating that expected costing has risen over 22%. Total direct and indirect costing at the project has risen from $271 million to $332 million, a jump of $61 […]
Amazon Sees Earnings Double In Q4 2024 But Weak Guidance Causes Shares To Drop
Amazon.com (NASDAQ: AMZN) has delivered its fourth-quarter and full-year 2024 financial results, with total quarterly net sales reaching $187.8 billion—a 10% increase from $170.0 billion in the same quarter last year—and, when stripping out a $0.9 billion adverse impact from foreign exchange fluctuations, the growth rate edged up to 11%. The company’s North America business generated $115.6 billion in […]
EPA Warns 1,000 Workers of Possible Immediate Dismissal
More than 1,000 Environmental Protection Agency workers received notice they could be fired immediately, union officials said, as the Trump administration pursues federal workforce cuts. The agency sent emails last week to workers identified as being on “probationary/trial period” status, informing them they could be terminated immediately, according to an email reviewed by CNN. “No […]
White House Plan Forces Major Job Cuts at Science Agency
The National Science Foundation will cut up to half its workforce by April, threatening America’s largest basic research funding program. Engineering Directorate head Susan Margulies announced the cuts Tuesday, telling staff the agency must eliminate 25% to 50% of positions. The Trump administration’s push to shrink federal agencies has prompted the reductions. Federal employees must […]
Wilkinson Seeks Deeper US Trade Links as Provinces Urge Local Focus
Canada’s energy minister proposed joint US-Canada investment in critical minerals and energy projects on Tuesday, even as provinces push to reduce dependence on US trade after recent tariff threats. Energy Minister Jonathan Wilkinson told the Atlantic Council that such collaboration would help the US reduce reliance on Russia and China for materials like uranium, germanium, […]
Will A Third Impeachment Attempt On Donald Trump Succeed?
A renewed push to impeach President Donald Trump has emerged on Capitol Hill led by Democrat Rep. Al Green. The lawmaker, a vocal critic of Trump, rose in the House to lay out his rationale in a fiery speech denouncing what he calls the president’s plan for “ethnic cleansing” in Gaza. Trump recently proposed that […]
EU Weighs Tech Restrictions in Response to US Tariff Threat
The European Union could restrict US tech companies’ access to European users if President Donald Trump imposes threatened tariffs on the bloc, the Financial Times reported Wednesday. The EU might deploy its anti-coercion mechanism, a trade defense tool introduced in 2023, to counter anticipated Trump tariffs. Brussels suspects Trump aims to pressure the EU into […]