Day: October 1, 2024

Top and Bottom Canadian Stocks of Q3 2024

The Morningstar Canada Large-Mid Cap Index rose 10.4% in the third quarter amid a rally in the real estate sector. The large-mid index tracks the performance of the top 90% of the Canadian investable universe by market cap, and each quarter we screen from among the stocks in this index to find the best- and […]

Global Derivatives Exchange to Introduce Spodumene Futures Contract

The CME Group, a prominent player in the global derivatives marketplace, has announced its plans to enhance its offerings in battery metals by introducing a Spodumene CIF China Futures contract scheduled for launch on October 28, 2024, pending regulatory approval. This move comes in response to rising trading activity in the battery metals sector, driven […]

Stock Futures Show Mixed Signals as Major Indexes Approach Record Highs

Stock futures are mixed on Tuesday as fourth-quarter trading gets underway with major indexes at record highs, while investors await key economic data releases in the coming days.  Futures tied to the Dow Jones Industrial Average were down 0.3%, while those linked to the S&P 500 were off less than 0.1% and Nasdaq 100 futures […]

Alaska Energy Metals Completes Inaugural Diamond Core

Alaska Energy Metals Corporation (AEMC) announced the successful completion of its drilling program at the Canwell prospects within the Nikolai Project in Alaska. The program included three drill holes totaling 1,048 meters, with two reaching planned depths. Core samples are at SGS Burnaby labs for analysis, with results expected this quarter. The company also conducted […]

E&P Highlights: October 2024

E&P Notes: October 2024 Talos Announces Plans in Gulf of Mexico Talos Energy discovered oil and natural gas at its Ewing Bank 953 well in the US Gulf of Mexico (GOM). The well found 127 ft of net pay at 19,000‑ft depth, with estimated recoverable resources of 15 to 25 million BOE and expected production […]

3 EV Charging Stocks to Consider Buying During the Dip: July 2024

The many pundits who prognosticated that electric vehicle sales would tumble in the U.S. alongside EV charging stocks, appear to have been, in line with my previous predictions, very much mistaken. That’s because, last quarter, the number of EV sales jumped 11.3% versus the same period a year earlier to a record total of 330,463, […]

Guanajuato Silver Achieves Production Milestone at El Cubo and Resolves Debts

Under the agreement, Guanajuato has the right to settle half of this payment through the issuance of approximately 2.75 million common shares at a price of C$0.245 per share — the 10-day VWAP (volume-weighted average price) of the shares 30 days after the milestone was reached. On Thursday, the company announced it has agreed to […]

The Drama Surrounding Sam Altman’s Equity in OpenAI

Why Sam Altman owning equity in OpenAI is such a dramafest Will OpenAI CEO Sam Altman get a big stake in his company worth billions of dollars? If it were any other business, the answer would be a definite yes. Virtually every CEO, from day one, is awarded a large number of shares that could […]