Newsletter
United Airlines does not expect a quick recovery for the sector
United Airlines Holdings Inc (NASDAQ: UAL) predicts a bleak future for the aviation industry due to the impact of the coronavirus pandemic. The pandemic caused a sharp drop in demand for travel as countries imposed lockdowns and restrictive health protocols to …
For Tesla the Chinese market again proves vital
While operations at its Fremont facility slowed in the second quarter due to the COVID-19 pandemic, Tesla Inc. The Gigafactory Shanghai continued to produce Model 3. Tesla fansite Tesmanian compiled data on Tesla's Model 3 sales for June and found that the …
Recreational Cannabis sales should be legal until the end of this year
Maine announced this week that the state is well on its way to bringing legal cannabis to people age 21 and older by the end of the fiscal year. Last Tuesday, the Marijuana Policy Bureau announced that 27 companies are in the final stages of licensing and …
Unbelievably high grades at First Mining´s Goldlund property
First Mining (TSX: FF) said drill hole GL-20-033 intersected 173.8 grams per tonne of gold over 1.0 meters as of Tuesday. The drilling was part of the 2019-2020 program. The Goldlund gold project is located in northwestern Ontario. "These five holes mark the …
IMF sees oil demand shrink further to new lows
The coronavirus crisis will mean that global oil demand will decline by around 8 percent this year compared to last year, according to the International Monetary Fund (IMF) in a new report published by the Qatari daily The Penunsula. Oil prices this year will …
KKR will be bidding for a Telecom Italia stake
At the request of the Italian government, the US private equity firm KKR (KKR + 1.1%) agreed to submit a binding offer for a minority stake in the secondary network of Telecom Italia (OTC: TI + 5.2%) (OTCPK : TIAJF) until the end of August, Reuters reports, …
Gold on its way to another all time high
After gold's upward momentum pushed prices above $ 2,000 an ounce, analysts believe the rally could have another $ 200 ahead of it before slowing down. December gold futures rose to a new all-time high of $ 2,024.40 an ounce on Tuesday and were most recently …
Strong "Call of Duty" Sales allow Activision to increase Financial Forecast
Activision Blizzard Inc (O: ATVI) raised its full year forecast for adjusted sales after beating quarterly estimates on Tuesday, encouraged by a pandemic spike in the gambling space and the next release in its blockbuster franchise, Call of Duty, later this …
Patients use prescription CBD to quite Cannabis consumption
Taking marijuana could be as easy as taking CBD, according to the results of the first-ever randomized clinical trial of CBD for cannabis use disorders. The results suggested that prescribed doses of the non-toxic part of the cannabis plant might help people …
Two Cannabis stocks that definitely need to be on your watchlist
If you had invested in marijuana stocks three months ago, you would have been rewarded with some very solid gains. The cannabis industry has seen broad double-digit percentage gains since mid-March. For those who don't know, there is only one reason for these …