Freedom Convoy Leader Sues King Charles And The Attorney General Of Canada
Two years after the pandemic-related protests of the Freedom Convoy and just weeks after the federal court ruling that declared Prime Minister Justin Trudeau’s use of the Emergencies Act in 2022 to suppress protesting truckers as both unreasonable and unconstitutional, the protest’s organizers are suing the government for damages. The suit, filed by Tamara Lich […]
Jeff Bezos Sells More Amazon Shares, Marking $6 Billion Just This Month
Amazon.com Inc. (Nasdaq: AMZN) founder Jeff Bezos sold another 12 million shares of the company on Wednesday, bringing the total to 36 million shares or about $6 billion since he started selling again after three years on Monday. The sale is part of a previously disclosed plan that outlines Bezos is looking to unload as […]
OpenAI Introduces New Level of AI, FTC Moves To Penalize Use Of AI For Impersonation
OpenAI will soon roll out its text-to-video artificial intelligence model, taking AI up to a new dazzling level — and they were very careful to emphasize how careful they want to be. At the same time, the US Federal Trade Commission (FTC) is introducing a new way of attempting to rein in the rapidly developing […]
New Safe-Haven? Bitcoin Inflows Are Outpacing Gold Inflows
Bitcoin has witnessed unprecedented inflows, surpassing those of gold, as investors channel billions into Bitcoin Spot Exchange-Traded Funds (ETFs) in the United States. This surge in investment has propelled Bitcoin’s market capitalization beyond the $1 trillion mark for the first time since November 2021, as of February 14, 2023. The cryptocurrency now challenges gold’s longstanding […]
Birchcliff Energy Faces Scrutiny Over Dividend Increase Amid Declining Free Cash Flow
Birchcliff Energy Ltd. (TSX: BIR) recently declared a dividend, a move that has caught the attention of market observers amidst a backdrop of declining free cash flow. The corporation’s board of directors declared a cash dividend of $0.10 per common share for the quarter ending March 31, 2024, amounting to an annual base dividend of […]
AI Frenzy Drives S&P 500 to Most Concentrated State in Nearly a Century
The S&P 500 index is now demonstrating a level of concentration not seen since the 1929 bubble, marking a potentially historic moment in US financial history. This concentration is largely attributed to the remarkable performance of seven leading technology and innovation-driven companies, the so-called Magnificent Seven: Apple (Nasdaq: AAPL), Alphabet (Nasdaq: GOOG), Amazon (Nasdaq: AMZN), […]
Libero Copper To Raise $2.5 Million After Frank Giustra Steps In
Libero Copper (TSXV: LBC) is returning to the market for funding the day after closing a major investment from Frank Giustra. The company is aiming to raise gross proceeds of $2.5 million at a price of $0.25 per unit, with each unit containing one common share and one common share purchase warrant. Warrants contain a […]
Gold Line Approves Barsele Minerals Merger, Closing Expected February 23
Gold Line Resources (TSXV: GLDL) has seen its investors approve a previously announced merger with Barsele Minerals (TSXV: BME) that was proposed back in December. Shareholders representing 42.21% of Gold Line voted their shares at the meeting, approving the merger with 99.98% of the votes cast. With shareholder approval granted, the acquisition is set to […]
Russian Opposition Leader Alexei Navalny Dead In Prison, Team Claims It Was Murder
Alexei Navalny, a Russian opposition activist and frequent challenger to Vladimir Putin, has died according to the Russian prison service. He reportedly fell ill after a walk in the year and “lost consciousness almost immediately.” Navalny’s team however has denied the claims being made by the prison service, indicating they have no confirmation of his […]
White House Confirms Russia’s Pursuit of Anti-Satellite Capability Putting Nukes In Space
The White House has confirmed growing apprehensions over Russia’s development of an anti-satellite weapon, signaling a potential challenge to global space security. The Biden administration disclosed this information after declassifying intelligence, emphasizing the significance of the issue while assuring that it does not pose an immediate threat to American safety. “I can confirm that it […]