Did Perplexity Fudge Its Numbers?
AI search startup Perplexity may have employed some accounting tactics that transform what would have been negative profitability into an impressive 60% gross margin, financial documents obtained by The Information reveal. The $9 billion startup shifted millions in costs away from its income statement as it courts investors for even higher valuations. Financial statements reviewed […]
Canada Post, Union Deadlock Threatens Second Postal Disruption in Six Months
The Canadian mail system faces its second major service interruption in less than a year after the Canadian Union of Postal Workers (CUPW) delivered strike notices Monday for action beginning Friday at midnight. The labor dispute coincides with a federal report declaring the 158-year-old postal service is facing “an existential crisis” amid declining mail volumes […]
China Accuses US of Undermining Geneva Talks With ‘Discriminatory AI Chips Measures’
China’s Ministry of Commerce accused the US on Thursday of undermining bilateral consensus from high-level Geneva negotiations after the administration revised export control guidelines targeting Huawei’s Ascend AI chips. The US Commerce Department altered language in its May 12 policy, initially stating that using Huawei chips “anywhere in the world” violated export rules, to a […]
Golden Cariboo Hits 37.0 Metres of 1.02 g/t Gold At Halo Zone
Golden Cariboo Resources (CSE: GCC) continues to intersect gold mineralization within the Halo zone at the Quesnelle Gold Quartz Mine property in British Columbia. The latest results have seen mineralization begin at bedrock surface.
Sponsored · Selkirk Copper Mines
IEA’s Demand Revision Erases 3 Years of Oil Stockbuilds, Exposes 295M-Barrel Inventory Swing
The International Energy Agency has upended oil market narratives with a sweeping revision to historical demand data, erasing three years of perceived inventory growth and exposing a 295-million-barrel swing in global stockpile dynamics. The agency now estimates a net drawdown of 74.6 million barrels from 2022–2024, reversing its prior forecast of a 220-million-barrel stockbuild. This […]
Snowline Gold Begins 30,000 Metre Drill Campaign
Snowline Gold (TSXV: SGD) has launched its 2025 exploration program at the flagship Rogue and surrounding projects in the Yukon. The program collectively is expected to see 30,000 metres of drilling conducted across all properties. The drill program is said to have been broken into several sections, with a total of five drill rigs expected […]
Cerrado Gold Closes On All-Stock Acquisition Of Ascendant Resources
Cerrado Gold (TSXV: CERT) has completed its previously announced acquisition of Ascendant Resources (TSX: ASND) this morning. The transaction, which saw Cerrado pay a 14% premium for the Portugal-focused developer, centered around the feasibility stage Lagoa Salgada project. Under the terms of the arrangement, Ascendant shareholders received one share of Cerrado for every 7.8 shares […]
Nvidia Takes $15B Hit as China Chip Restrictions Test US Tech Strategy
The escalating technology rivalry between the United States and China has dealt a severe blow to Nvidia‘s (Nasdaq: NVDA) business, with the semiconductor leader caught in the crossfire of export controls that have disrupted global AI chip supply chains. Speaking alongside the Computex technology show in Taipei, Nvidia CEO Jensen Huang revealed the steep financial […]
Sponsored · Silver47 Exploration Inc.
Gold Industry Set For A $160 Billion Cash Haul In 2026!? | Terry Lynch – Power Metallic
In this exclusive interview, Terry Lynch, CEO of Power Metallic (TSXV: PNPN), provides insights into the evolving gold market landscape, exploring the impact of US-China tariff dynamics on precious metals. Lynch discusses the company’s strategic approach to exploration, highlighting the world-class potential of the Lion Zone. The interview delves into Power Metallic’s aggressive drilling program […]
$3200 Gold & The Miners Still Lagging!? | Cliff Hale-Sanders – Cerrado Gold
In this interview at the Commodities Global Expo 2025, Cliff Hale-Sanders, President of Cerrado Gold Inc. (TSXV: CERT), gives us insights into the company’s strategic positioning in the gold market, exploring how tariff rollbacks are impacting commodity prices. Hale-Sanders details Cerrado’s production at Argentina’s Nicholas mine, with current output of 55-60k oz/year through heap leach […]