US Senate Passes Bill To Ban Russian Uranium Imports
The US Senate is said to have finally passed a bill supporting the ban of Russian uranium imports this evening. Referred to as the Prohibiting Russian Uranium Imports Act, the bill is said to have been approved by unanimous consent. The bill, if signed into law by Biden, would see the ban of US importation […]
Cannabis Stocks Run On US Rescheduling Leak By Associated Press
The cannabis sector has seen a fire lit under it following reports from the Associated Press that the US government is moving to reschedule cannabis. A number of major names in the sector have seen their equities halted as a result of the sudden volatility that hit, following the reporting by AP. Names halted include […]
NHTSA Investigation Report on Autopilot System “Devastating For Tesla”
The National Highway Traffic Safety Administration (NHTSA) delved into the functionality and safety of Tesla’s (NASDAQ: TSLA) Autopilot system, yielding significant findings regarding driver engagement, crash rates, and system design. The investigation focused on extensive crash analysis, human factors, and vehicle evaluations related to Tesla’s Autopilot system. This system, categorized as an SAE Level 2 […]
Changpeng Zhao Sentenced to 4 Months in Prison for Breaking Anti-Money Laundering Laws
Changpeng Zhao, the founder and former CEO of Binance, the world’s largest centralized crypto exchange, was sentenced to four months in prison by US District Judge Richard Jones at a Seattle courtroom on Tuesday for his role in enabling money laundering at the company. Zhao, also known as CZ, pleaded guilty to the charges in […]
Goldman Sachs Bullish on AI Energy Theme, Recommends Cameco as Top Commodity Pick
Goldman Sachs is making a bold prediction in the energy sector, particularly focusing on the intersection of artificial intelligence and energy consumption. The investment bank is emphasizing the potential surge in power demand driven by AI data centers, presenting lucrative opportunities for investors. In a recent report, Goldman Sachs equity analyst Carly Davenport outlined a […]
Jewish Student Files Lawsuit Against Columbia Over Campus Safety Concerns
A Jewish student at Columbia University filed a class action lawsuit against the institution on Monday, alleging the university failed to provide a safe environment amid escalating tensions over the Israeli-Palestinian conflict. The student, identified as C.S., is also seeking an emergency injunction to force Columbia to enforce its codes of conduct and ensure secure […]
Canada’s Credit Card Landscape from 2019 to 2024 Shows Surging Balances
The credit card market in Canada has experienced notable shifts in recent years, according to the latest industry data from WOWA.ca. Among the country’s major chartered banks, RBC shed less than a percentage point of the market share of credit card debt across Canada but took over as the dominant player from 2019 to 2024. […]
Are More Nuclear Restarts Coming?
In the wake of the US government’s $1.5 billion loan to Holtec International Corp. for the reopening of the Palisades nuclear plant in Michigan, there is growing speculation that more nuclear restarts may be on the horizon. Jigar Shah, director of the US Energy Department’s Loan Programs Office, hinted at the possibility of additional nuclear […]
AI Startup Perplexity Scores $1B+ Valuation
Perplexity AI, the barely two-year-old 55-person startup developing an AI-powered search engine to rival Google (Nasdaq: GOOG), has secured approximately $63 million in a new funding round, doubling its valuation to over $1 billion in just three months. The round was led by investor Daniel Gross, with participation from notable figures like billionaire Stanley Druckenmiller, […]
Cytophage To Focus On Commercialization Efforts In 2024
Cytophage Technologies (TSXV: CYTO) has filed its fiscal 2023 results, providing a recap on a successful year in terms of corporate development while providing an outline of where the company is headed in 2024.