Verses AI Inc. Announces Proposed Public Offering of
Verses AI Inc. announced a securities offering in Canada and the U.S. under its base shelf prospectus and registration statement. The final pricing and details of the offering remain uncertain and depend on market conditions and required approvals, including from Cboe Canada Inc. Investors are encouraged to review the base shelf prospectus and related documents […]
8 High-Performing Canadian Equity Funds
Despite the havoc caused by US President Donald Trump’s trade war, Canadian stocks have held in relatively well, providing good news for fund investors. To screen for the top-performing funds in this category, we looked for those with the best returns over the last one-, three-, and five-year periods. Eight funds made it through the […]
Tesla Earnings: Production of Affordable Vehicles and…
Tesla’s TSLA first quarter saw lower revenue and profits, following the previously announced 13% deliveries decline. However, the affordable vehicle production and robotaxi testing both remain on track for the year. CEO Elon Musk will also spend less time advising the US government to focus on Tesla. Why it matters: Tesla saw 2024 deliveries decline […]
Electrovaya Announces date for Q2-2025 Financial Results & Conference Call
Electrovaya Inc. (Nasdaq: ELVA, TSX: ELVA), based in Toronto, will release its Q2 financial results for the period ending March 31, 2025, after market close on May 14, 2025. A conference call will be held at 5:00 p.m. EST, featuring CEO Dr. Raj DasGupta and CFO John Gibson. Investors can join by calling toll-free or […]
Altilium Commences Construction of Major Battery Recycling Facility
Altilium begins construction on large-scale battery-recycling plant In a notable advancement in the UK’s green energy sector, Altilium Metals Ltd. has embarked on the construction of the nation’s first large-scale electric vehicle (EV) battery recycling facility. This groundbreaking initiative, located in Plymouth, Devon, represents a significant leap toward achieving sustainability in battery materials and bolstering […]
Barrick Gold Looking for Buyers for Its Final Canadian Mine
The Hemlo mine in Northern Ontario is one of the company’s oldest mines. Image from Barrick. Barrick Gold Corp. is looking to sell its last mine in Canada in a push to capitalize on record gold prices and a renewed interest in North American mining operations. Barrick began a process in April to sell its […]
Gold Falls to New Weekly Low Below $3,300 as US-China Trade Tensions Ease
Gold touches fresh weekly low, below $3,300 amid easing US-China trade tensions Gold price moves away from the all-time peak touched on Tuesday amid receding safe-haven demand. Easing US-China tensions remains supportive of the risk-on impulse and weighs on the XAU/USD pair. The downside for the commodity seems limited as the USD bulls seem reluctant […]
The Importance of US Federal Reserve Independence for Financial Markets
The Federal Reserve’s independence is under fire again, and alarm bells are ringing louder this time around. Over the past week, President Donald Trump has returned to an old playbook and called for lower interest rates while criticizing Federal Reserve Chair Jerome Powell—a Republican who was first nominated to his post by Trump in 2018. […]
Finance Committee Supports Legislation to Reduce Connecticut’s Transportation Debt
Finance panel backs bill to shrink CT transportation debt The legislature’s Finance, Revenue and Bonding Committee approved bills Tuesday that would reduce Connecticut transportation construction debt and would gradually phase out property taxes on motor vehicles — in the 2030s. But even with that long-range strategy, the property tax phase-out faces an uphill struggle, having […]
Verizon Earnings: Price Hikes Fuel Strong Performance
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. Verizon Communications VZ posted solid first-quarter financial results amid weak customer metrics. Wireless service revenue increased 2.7% compared with a year ago, despite the loss of 289,000 net postpaid wireless phone customers during the quarter. EBITDA increased 4%, the fastest […]