Fission Uranium Stakes Four New Projects In Athabasca Basin
Fission Uranium (TSX: FCU) seems to think theres plenty of potential for new discoveries in the Athabasca Basin of Saskatchewan. The uranium developer this morning indicated it has staked four new properties within the region that are said to be prospective for uranium. The properties, with limited historical fieldwork, are said to be highly prospective […]
New Found Gold Says It Has Discovered Another Zone At Depth, Intersects 9.51 g/t Gold Over 7.45 Metres
New Found Gold (TSXV: NFG) is reporting this morning that it has discovered yet another zone at its Queensway property, following the intersection of mineralization in an area between the Golden Joint and Dome zones at the property. The claimed discovery is the result of assays on a single drill hole which was released this […]
Amazon-Owned Zoox to Launch Robotaxi Service in San Francisco and Las Vegas
Zoox, the autonomous vehicle company owned by Amazon (Nasdaq: AMZN), is taking its next major step toward commercialization. At TechCrunch Disrupt 2024, the company revealed its imminent plans to introduce autonomous transportation services in two key markets. The initial rollout will begin with employee rides in San Francisco’s SoMa neighborhood and along the Las Vegas […]
Coinbase Posts Lower-Than-Expected Q3 Earnings with a 17% Revenue Drop and Rising Expenses
Coinbase Global Inc. (NASDAQ: COIN) reported underwhelming Q3 2024 financial results on Wednesday, missing revenue and earnings expectations, which sent shares sliding by 7% in after-hours trading. The trading platform posted Q3 revenue of $1.2 billion, down 5% year-over-year and 17% from Q2, missing Wall Street’s consensus estimate of $1.26 billion. Breaking it down, the […]
Robinhood Posts 36% Revenue Jump in Q3 2024 but Still Misses Estimates
Robinhood Markets, Inc. (NASDAQ: HOOD) reported its third-quarter 2024 earnings, revealing mixed results that sparked a nearly 12% drop in its stock price in after-hours trading. Total net revenue for Q3 2024 was $637 million, up 36% from $467 million in the same period last year but down 7% from $682 million in Q2 2024. […]
Agnico Eagle Q3 2024 Results: Record Cash Flow Amid Rising Costs
Agnico Eagle Mines Limited (TSX: AEM) reported its third-quarter 2024 results, achieving gold production of 863,445 ounces, marking a modest increase from 850,429 ounces in Q3 2023. This output is attributable to solid performances across several key sites, including the Nunavut operations, Macassa, and Detour Lake. Production costs per ounce were $908, up slightly from […]
PayPal Q3 2024 Earnings: Swing and a Miss
PayPal Holdings (NASDAQ: PYPL) just reported its third quarter 2024 and well.. Investors were not impressed. The stock dumped as much as 8% during intraday trading, which in itself was still a recovery from pre-market trading, where it fell as much as 12.5%. The sell off is said to be the result of revenue not […]
Reddit Q3 Earnings: Smashing Expectations
In what is a nice change of pace for earnings we’ve covered so far this earnings season, Reddit (NYSE: RDDT) has seen a massively positive response to its third quarter results. The company saw its stock soar 24% in after hours trading, crossing the $100 line following the release of their results. We’ve covered Reddit […]
CMOC’s Cobalt Surge Floods Global Market, Driving Eight-Year Price Low
CMOC Group Ltd., the world’s leading cobalt producer, has blown past its full-year production target in just nine months, producing 84,722 tons of cobalt from its African operations through September 2024. This output has already exceeded the company’s original upper guidance of 70,000 tons for the entire year, according to the company’s third quarter earnings […]
Nuclear Reactor Near Fukushima Resumes Operations After 13-Year Hiatus
A nuclear reactor that withstood the devastating 2011 earthquake and tsunami resumed operations Tuesday, marking a significant step in Japan’s renewed commitment to nuclear energy. The No. 2 reactor at the Onagawa nuclear power plant, located 62 miles north of the ill-fated Fukushima Daiichi facility, is expected to begin generating power in early November. The […]