3 Lithium Stocks Worth Buying on the Dip: July 2024
With accelerating demand for all things green, lithium prices may be bottoming out, creating opportunities for oversold lithium stocks. According to Pilbara Minerals (OTCMKTS:PILBF) CEO Dale Henderson, “doomsday headlines don’t reconcile with the broadly strong growth market,” as quoted by Mining.com. “Lithium demand from energy storage systems, such as those that back up solar arrays, […]
Graphic: China’s Stimulus Fuels Gold Surge and Silver’s Winning Streak, but Risks Persist
China’s central bank unveiled its biggest stimulus this week since the Covid-19 pandemic and is expected cut its seven-day reverse repo rate. The US Federal Reserve lowered interest rates with a half-percentage-point reduction last week. “China stimulus is giving industrial metals a boost, something silver traders had been waiting for,” Ole Hansen, head of commodity […]
There is only one person remaining in this iconic OpenAI photo
Only one person is left from this iconic OpenAI photo OpenAI is bleeding its top executives, and one picture shows just how stark the contrast has been in just over a year. Of the four OpenAI executives in the March 2023 photo featured above, two have left the company and one is on leave. CEO […]
Verses AI Inc. Announces Closing First Tranche of LIFE
Verses AI Inc. has completed the first tranche of a non-brokered private placement, raising C$5,000,000 by issuing 6,250,000 units at C$0.80 each. Each unit comprises one Class A Subordinate Voting share and half a warrant, exercisable at $1.20 for 36 months. The offering utilized exemptions from prospectus requirements and is open in several Canadian provinces […]
Did Jack Bogle Have the Right Take on Smart Beta?
The term smart beta is alleged to have been invented by the consulting firm Willis Towers Watson in 2006. (Although I have no reason to doubt that claim, neither have I been able to find the original source.) The “smart” portion of the label you can understand: it’s advertising. Explaining “beta” takes a bit more work. Sixty years ago, […]
What Powell’s Recalibration Means for Commodities: Pros and Cons
What Powells Recalibration will and wont do for commodities Good morning Investors! Fed Chairman Jerome Powell and his merry band somewhat surprised markets following their most recent policy-setting meeting on September 18, cutting the official short-term (federal funds) rate by 50 basis points rather than 25. Some took this as a sign that the U.S. […]
LOHUM, ReElement, and American Metals Collaborate to Establish Integrated Li-Ion Battery Materials Processing Facility with Over $30M Investment
American Resources Corporation (NASDAQ: AREC) is making headlines with a transformative partnership aimed at shaping the future of battery recycling in the United States. In an ambitious collaboration, India’s LOHUM Cleantech has signed a Memorandum of Understanding (MOU) with ReElement Technologies and American Metals to establish the nation’s first fully integrated facility dedicated to battery […]
Brent Crude Prices Drop Back to $75 a Barrel Amid Renewed Concerns Over Demand
Brent crude oil prices fell by 4% due to concerns about weakening demand from China. The disruption in Libyan oil production has had a limited impact on prices so far, but the situation remains uncertain and could cap further downside. OPEC+ plans to increase oil supply in October, which could further pressure prices. Most Read: […]
Brookside Energy’s FMDP Wells Transition to Commercial Production; Oil and Gas Sales Underway
Brookside Energy FMDP wells move into commercial production phase; oil and gas sales in train About Susanna Nelson Susanna is a journalist and editor with nearly two decades of experience writing about a broad range of topics including infrastructure, health, building and construction, economics and the arts. She has a natural curiosity, which helps when […]
3 Resource Stocks Set to Benefit from Global Supply Shortages
Source: corlaffra / Shutterstock The CEO of NextEra (NYSE:NEE) recently stated that the demand for renewable energy will triple over the next seven years. Moreover, he forecasts that the overall demand for electricity will increase four times more quickly in the next 20 years compared to the previous 20 years. The CEO also expects batteries […]