Newsletter
First Cobalt does not feel setback through cobalt-free batteries
After First Cobalt (TSX-V: FCC; OTCQX: FTSSF) posted his vision of dumping cobalt from its batteries, he said Elon Musk would face a "daunting challenge" if he wanted to dump the blue metal. First Cobalt describes itself as a North American pure cobalt company …
US government is not happy with the Oracle-TikTok alliance
The deal between Oracle Corporation (NYSE: ORCL) and TikTok is headed for inclement weather as the White House expresses concern about the deal. According to a communiqué from President Donald Trump, if the Oracle becomes a partner, the Chinese who control …
MediPharm now also delivers to Brazil
MediPharm Labs, Corp. (TSX: LABS) says it has closed a supply deal in the Brazilian medical cannabis market as the troubled Canadian extractor continues to target new international opportunities. On Tuesday, the Ontario company announced that it had signed a …
Weibo up 2.5% after strong earnings announcement
Weibo (NASDAQ: WB) reports that FQ2 revenue is down 7% on a constant currency basis. Advertising and marketing revenues decreased 8% to $ 340.6 million and WSU revenues decreased 23% to $ 46.8 million. Net DAU additions were 18 million, compared to 21 million …
Most of the gold used in refiners is recycled gold
Less than half of the gold processed by major refiners in 2018 came from major industrial mines, the London Bullion Market Association said Tuesday, releasing data that for the first time reveals the origins of the gold bars passing through their system. The …
Canadian biotech stocks rise amid corona rumors
Claims of cannabinoid treatment for COVID-19 sparked interest in a Canadian biotech stock on Wednesday. Here are some small stocks that are making big moves on Wednesday, September 23, 2020 (starting at 4 p.m. EST): Pascal Biosciences Inc. (TSXV: PAS), a …
Copper production declines on a world-wide level
World copper mine production decreased 1% in the first half of 2020, with concentrate production decreased 1.2% and solvent extraction electrowinning (SX-EW) decreased 0.4%, the International Copper Study Group said. "Global mine production declined by an …
Fords starts construction of its rouge complex plant
Ford Motor Company (NYSE: F) broke ground for their F-150 electric pickup at their Michigan electric vehicle manufacturing facility. The manufacturing facility is located in their historic Rouge complex in Dearborn, Michigan and is expected to begin production …
KeyBanc outlook lets UPS stocks jump
In a note early Monday morning, KeyBanc Capital Markets identified UPS (NYSE: UPS) as the preferred way to get involved in e-commerce / parcel delivery. The company expects a steady stream of positive comments from Carol Tomé, UPS CEO, on ROI, efficiency and …
Oil prices down on bad market outlooks
Oil prices fell Monday as rising coronavirus cases fueled demand concerns, with major crude oil benchmarks on the way to their first monthly decline since April. The price of Brent crude (LCOc1) fell 32 cents, or 0.7%, to $ 41.60 per barrel by 0915 GMT. U.S. …