Is a Bitcoin Spot ETF Available for Purchase in Canada?
For investors looking to add cryptocurrency exposure to a portfolio, spot bitcoin exchange-traded funds can provide an effective and simple avenue. After falling out of favor with investors in recent years, these ETFs are seeing a resurgence, attracting strong inflows in 2024. While Canada-listed bitcoin and other crypto ETFs still represent a small portion of […]
Asian Battery Metals Discoveries Massive Sulphides in Latest Drill Hole at Oval
Asian Battery Metals intersects massive sulphides in new drill hole at Oval Asian Battery Metals PLC (ASX:AZ9) has made significant strides in enhancing the potential of its Oval Copper-Nickel-PGE Project, part of the larger Yambat Project in Mongolia. Recent drilling has revealed a noteworthy intersection of massive sulphides, positioning the project as a key area […]
Brent Crude Prices Climb as OPEC+ Prolongs Production Cuts
Brent Crude – Oil Prices Rise as OPEC + Extend Output Cuts Most Read: Markets Weekly Outlook – US Elections and Central Banks Lead the Way Oil prices opened a $1 dollar higher following the weekend to trade at 73.80 a barrel when markets opened. Gain continued in both the Asian and early European sessions […]
Dow Rises as Trump Selects Scott Bessent for Treasury Secretary
Dow jumps after Trump picks Scott Bessent for Treasury US stocks were mostly higher Monday, with the Dow Jones Industrial Average (^DJI) touching intraday record highs amid optimism over President-elect Donald Trump’s choice of Scott Bessent for Treasury secretary. Investors also looked ahead for a price check in the form of a Federal Reserve-favored inflation […]
Gold Prices Drop Following Reports of Easing Middle East Tensions
Gold extended losses after Axios reported that Israel and Lebanon have accepted the terms of a ceasefire agreement, though the parties have yet to make an announcement. Another factor in bullion’s decline was Donald Trump’s nomination of Scott Bessent for Treasury Secretary, a choice that many see would inject more stability into the US economy and financial […]
Japan’s oldest cable company becomes top performer with rise of AI technology
AI boom makes 139-year-old cable company Japan’s hottest stock The global boom in AI has turned an obscure 139-year-old Japanese company into a stock-market star. Fujikura Ltd., which makes wire cabling for data centers, is the best performer on the Nikkei 225 Stock Average index, with its shares surging more than 400% this year. It […]
What Nvidia’s Earnings Reveal About AI’s Future
Nvidia NVDA recently announced its third-quarter earnings, providing an important window into the artificial intelligence boom, one of the most dominant trends in the stock market over the past 18 months. We checked in with Morningstar equity strategist Brian Colello, who follows Nvidia, and our other tech stock analysts for key takeaways on the semiconductor […]
RUA GOLD Acquires Siren Gold’s Reefton Assets, Establishing Itself as the Leading Explorer in the Reefton Goldfield
RUA GOLD completes the acquisition of Siren Gold’s Reefton assets and becomes the dominant Reefton Goldfield explorer – Rua Gold Rua Gold Inc. (TSXV: RUA, OTC: NZAUF, WKN: A4010V) (“RUA GOLD” or the “Company“) is pleased to announce the completion of the acquisition (the “Transaction”) of Reefton Resources Pty Limited (“Reefton”). Reefton was a 100% […]
Reasons We Consider Dollarama Stock Overvalued
We initiate coverage on Canadian dollar store chain Dollarama with a narrow economic moat rating based on the retailer’s intangible assets as well as cost advantages from its sourcing and distribution scale. Our fair value estimate stands at C$106 per share, which implies 16 times enterprise value to 2026 adjusted EBITDA. Shares look expensive trading […]
GlobalData Reports Decline in Global Oil and Gas Contract Activity
Global Oil, Gas Contract Activity Sees Decrease, GlobalData Says Global oil and gas contract activity saw a 35 percent quarter on quarter decrease in total disclosed value, from $55.3 billion in the second quarter to $35.7 billion in the third quarter. That’s what GlobalData stated in a release sent to Rigzone recently, adding that, “despite […]