Puff, Puff, Pass… Out: How Tokyo Smoke Got Burned by the Cannabis Boom
In what some might call an inevitable conclusion, Tokyo Smoke, once a darling of Canada’s cannabis retail industry, has filed for protection under the Companies’ Creditors Arrangement Act (CCAA). This move paints a picture of a company that overplayed its hand in a market it clearly misunderstood. Once touted as a premium cannabis retailer, the […]
CIBC Profits Soar 25% in Q3 2024 as Credit Losses Drop
The Canadian Imperial Bank of Commerce (TSX: CM) has reported a significant rise in its third-quarter profits for 2024, driven by a sharp decrease in provisions for credit losses and robust growth in its Canadian personal and business banking division. CIBC’s net income for Q3 2024 climbed to $1.80 billion, or $1.82 per diluted share, […]
Revive Therapeutics Considers Exploring Bucillamine For Treatment Of Monkeypox
Revive Therapeutics (CSE: RVV) is continuing its efforts into evaluating the uses of Bucillamine, disclosing yesterday an update to its efforts in evaluating the drug for nerve agent exposure while also indicating it intends to examine its potential for the treatment of viral infections such as monkeypox. Presently, Bucillamine is being studied under a partnership […]
CrowdStrike Beats Expectations But Lowers Outlook After July Outage Disruptions
CrowdStrike (NASDAQ: CRWD) announced its fiscal second-quarter results for 2025 on Wednesday, marking the first earnings report since a software glitch on July 19 caused widespread disruptions. While the company exceeded revenue expectations for the quarter, it revised its full-year guidance downward, reflecting the ongoing impact of the incident. For the quarter ending July 31, […]
Snowline Gold Hits 435 Metres Of 1.61 g/t Gold
Snowline Gold (TSXV: SGD) has again intersected long intervals of mineralization at its flagship Rogue Project, found in the Yukon. The results were released this morning in combination with drill assays from its other project in the region as well, the Einarson Project. Highlights from the results include: Hole V-24-77 is said to have been […]
SNDL Expected To Close On Assets Of Indiva Following Stalking Horse Bid
Two months after the initiation of creditor protection, the assets of Indiva Limited have been sold off, with SNDL Inc (NASDAQ: SNDL) being the benefactor of the sales and investment solicitation process. The company has seen its stalking horse bid for the assets of Indiva be selected as the winning bid under the process. Assets […]
Nvidia’s Revenue Soars 122% in Q2 2025 Amid AI Boom
Nvidia (NASDAQ: NVDA), the semiconductor giant at the forefront of the AI revolution, has once again demonstrated its dominance in the tech industry with its latest earnings report. For the quarter ending July 28, 2024, Nvidia reported revenue of $30.04 billion, representing 122% year-over-year revenue growth and surpassing Wall Street’s expectations of $28.7 billion. The […]
Kenney Blasts Trudeau’s Expansion of Temporary Foreign Worker Program
Former Alberta Premier Jason Kenney has launched a scathing critique of the federal government’s immigration policies, particularly targeting its approach to foreign labor. Kenney, who previously served as the Conservative immigration minister under Stephen Harper, said on X that he’s “perplexed” at what he described as the gross mismanagement of the immigration system by Prime […]
Bangladesh Regulatory Body Embarks To Take Down Market Manipulation
The Bangladesh Securities and Exchange Commission (BSEC) is embarking on a sweeping crackdown on market manipulation and corruption, signaling a renewed commitment to restoring trust and transparency in the country’s financial markets. Khondoker Rashed Maqsood, the newly appointed chairman of the BSEC, announced the commission’s aggressive stance at a recent press conference, marking a decisive […]
Electra Secures Game-Changing Department of Defense Contract
In this interview, Trent Mell, CEO of Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM), shares the details behind the company’s recent $20 million funding from the US Department of Defense. This investment, aimed at supporting the construction of a cobalt refinery in Canada, is part of a broader strategy to reduce dependence on China […]