Tilray Cuts Guidance As Losses Widen In Q3
Tilray Brands (TSX: TLRY) has seen its revenue decline on a sequential basis for the third quarter of 2024. Revenues fell from $194 million in the second quarter to $188 million in the third quarter on a net basis, while growing by 30% on a year over year basis. Gross profit however improved to $49.4 […]
‘My Eyes!’: People’s Eyes Are Hurting After the Eclipse, Google Searches for Answers Surge
Following Monday’s total solar eclipse, Google searches related to eye pain — such as “hurt eyes,” “my eyes hurt,” and “why do my eyes hurt” — spiked, suggesting many in the eclipse’s path were worried about potential eye damage from viewing the event. Eye experts confirmed that it’s normal to feel concerned, as looking directly […]
El Salvador Is Giving Away ‘5,000 Free Passports,’ Bukele Says
El Salvador’s President Nayib Bukele has announced that the government will offer 5,000 “free passports” to highly skilled workers from abroad. This initiative, equivalent to a $5 billion program, aims to attract scientists, engineers, doctors, artists, and philosophers to the Central American nation. President Bukele stated that these individuals will be granted “full citizen status,” […]
Avant-Garde Or Scam: A Company Wants To Tokenize Gold Resources In Junior Mining
“Gold, in its radiant splendor, has perpetually epitomized lasting wealth. A thought-provoking query surfaces: Why drain colossal resources to unearth gold, process it, and then sequester it in vaults globally, especially when its primary function is to buttress digital currency?” This is what welcomes anyone who visits the Great Eagle Gold (CSE: GEGC) website as […]
Trudeau May Extend Amortization Period Limit — But Will It Make Housing More Affordable?
Canadian Prime Minister Justin Trudeau has hinted that the upcoming federal budget on April 16th will include changes to the mortgage sector. While Trudeau did not provide specifics, people are speculating there would be news to announce regarding mortgages in the coming days. Currently, Canada limits insured mortgages to a maximum amortization period of 25 […]
Is Franklin Templeton Getting Behind … Meme Coins?
Franklin Templeton Investments (NYSE: BEN), a major multinational investment firm, raised eyebrows in March for publishing an investor note on meme coins. It said that meme coins while “[having] no inherent value or utility,” can potentially offer quick gains due to their “unique nature” and popularity in the last year. The Shiba-Inu-themed token Dogecoin, the […]
RBC Fires CFO Over Undisclosed ‘Personal Relationship’ With Colleague
Royal Bank of Canada (TSE: RY) has terminated its Chief Financial Officer, Nadine Ahn, after it was found that she was in an undisclosed close personal relationship with another employee, which led to preferential treatment including promotions and compensation increases. According to the bank’s statement, RBC recently became aware of allegations involving Ahn and immediately […]
Boosting Canada’s AI Sector: Ottawa Pledges $2.4 Billion Package To Secure “AI Advantage”
Prime Minister Justin Trudeau unveiled a groundbreaking $2.4 billion investment plan this weekend, drawn from the forthcoming budget for 2024, aimed at consolidating Canada’s competitive edge in artificial intelligence (AI).
Temas Resources Closes On $1.2 Million In First Tranche Of Financing
Temas Resources (CSE: TMAS) has completed the first tranche of non-brokered financing this morning. The tranche saw the firm close on an initial $1.2 million in gross proceeds, with further funds expected to be brought in prior to the financing being closed.
i-80 Gold Corp To Raise $86 Million At All Time Low Share Price
i-80 Gold Corp (TSX: IAU) announced it is raising further funds for its operations this morning, which follows several financing rounds that have occurred over the last year. What’s more, the price to be paid under the offering is below the all-time low of the equity, despite being in a bullish gold cycle. The financing […]