While the S&P 500 finished the week once again testing new all-time highs around 5650, the Nasdaq 100 remains rangebound in a symmetrical triangle or “coil” pattern. While this pattern does not necessarily suggest a potential next move for the QQQ, it did lead me to think about four different…
Galloper Gold Corp. (CSE:BOOM)(OTC PINK:GGDCF)(Frankfurt:W9F) (the ‘Company’ or ‘Galloper’) is pleased to announce that Phase 1 diamond drilling has commenced at the Company’s Glover Island Project where Galloper’s 100%-owned claims cover most of the 40-km-long under-explored Island situated in the prolific ‘Four Corners’ region of Western Newfoundland featuring major deposits…
John Kaiser of Kaiser Research shared his thoughts on gold, honing in on why interest in gold and gold stocks remains relatively low even though the metal has been trading at or near all-time highs. In his view, part of the issue is the disappearance of the traditional gold bug…
NorthStar Gaming Holdings Inc. (TSXV: BET) (OTCQB: NSBBF) (‘NorthStar’ or the ‘Company’) today announced that the Company has issued a $3 million unsecured, interest-bearing promissory note dated as of September 13, 2024 (the ‘Note’) to Playtech plc. The Note shall bear interest of 8% per annum, payable in arrears at…
Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (‘Energy Fuels’ or the ‘Company’), an industry leader in uranium and rare earth elements (‘REE‘) production for the energy transition, is pleased to announce that the Federal Court of Australia (the ‘Court‘) has today made orders approving the proposed acquisition of Base…
Biren Technology, a Chinese artificial intelligence (AI) chip developer seen as a potential rival to industry leader NVIDIA (NASDAQ:NVDA), is making preparations for an initial public offering (IPO). The South China Morning Post reported that the Shanghai-based company has recently begun the IPO process by enlisting the services of Guotai…
“Teslas don’t grow on trees”, Reuters journalist Ernest Scheyder wrote in The War Below, highlighting conflict between government mandates on electric vehicles and public policies hampering new metal flows into EV supply chains. The conundrum at the heart of American author Scheyder’s book is the same one executives at the…
The S&P/TSX Venture Composite Index (INDEXTSI:JX) gained 35.21 points this week to close at 580.43. Meanwhile, the S&P/TSX Composite Index (INDEXTSI:OSPTX) was up 787.22 points to finish the week at 23,568.65. The US Bureau of Labor Statistics released its final two inflation reports ahead of the next meeting of the…
DETROIT — Stellantis’ U.S. dealer network has joined the United Auto Workers union in criticizing CEO Carlos Tavares for the company’s recent sales declines, factory production cuts and other decisions they deem detrimental to the automaker’s business. In an open letter to Tavares this week, the head of Stellantis’ U.S. dealer council, Kevin…
Amazon is bumping its average national pay for contracted delivery drivers to roughly $22 an hour, up from $20.50 an hour, the company said Thursday. The wage increase is part of Amazon’s $2.1 billion investment this year into its delivery service partner program, which are the legions of contracted firms that handle last-mile…