VERSES® Announces Conversion of Strategic Investment by
VERSES AI Inc. announced the conversion of Convertible Debentures held by Group 42 Holding Ltd (G42) into units of the Company. G42 invested $10 million in June 2024 through a private placement, which included unsecured convertible debentures and detachable share purchase warrants. Each Conversion Unit comprises one Class A Subordinate Voting Share and half a […]
Electrovaya Receives Additional US$4.2 Million Battery Order for Existing Cold Storage Operator
Electrovaya Inc. has received a repeat purchase order valued at approximately US$4.2 million from a large cold storage logistics operator in the U.S., which already utilizes Electrovaya’s Infinity Battery Technology across six facilities. This company plans to expand its use of Electrovaya batteries for both existing operations and new construction. Dr. Jeremy Dang, Vice President […]
USD/CAD Targets Breakout Ahead of Tariff Deadline
USD/CAD Eyes Breakout as Tariff Deadline Approaches ● The US Dollar’s recovery on tariff talk is causing the USD/CAD pair to bounce.● The main events to watch out for this week are the US PCE data and Canadian GDP for Q4.● A close above 1.43100 on the daily candle chart would signal a structural shift […]
Stocks and Canadian Dollar Plummet as Trump Doubles Down…
US President Donald Trump said he intended to proceed with 25% tariffs on Canadian good after the monthlong pause lapses midnight tonight. “With no reprieve seemingly forthcoming, Canada must brace for the immediate impact of U.S. tariffs,” warns Eric Lascelles, chief economist at RBC Global Asset Management. Retaliatory tariffs by Canada are a certainty, alongside […]
Texas Oil and Natural Gas Sector Sets New Production Milestones
Texas Oil and Natural Gas Industry Breaks New Production Records According to TIPRO, the industry supported over 2 million direct jobs in the U.S. last year, with total direct and indirect jobs tied to the industry reaching nearly 23 million. Image for illustration purposes Texas Border Business – Advertisement – AUSTIN, Texas – The Texas Independent […]
5 Underrated US Stocks That Surprised with Strong Q4 Earnings
Amid a solid earnings picture for the fourth quarter, many US-listed companies are beating their estimates. Combining the results of firms in the Morningstar US Market Index that have reported earnings with the analyst expectations for those still yet to publish, earnings are on track to grow 15.3% from the third quarter of 2024 – […]
Prohibition on Financial Influencers Reveals Regulatory Gaps
Ban on financial influencer exposes regulation cracks Asmita Patel Global School of Trading Ms Patel has over half a million subscribers on YouTube and hundreds of thousands more on Instagram YouTuber Asmita Patel’s mission was to “make India trade”. The wildly popular financial influencer called herself the “She-Wolf of the stock market” – her take […]
Dow, S&P 500, Nasdaq Futures Fluctuate as Trump Tariff Decisions Loom and Bitcoin, Crypto Prices Surge
Dow, S&P 500, Nasdaq futures waver ahead of Trump tariff moves as bitcoin, crypto surge US stock futures crept down in overnight trading on Sunday as uncertainty persisted regarding President Donald Trump’s plans to impose tariffs on major U.S. trading partners this week. S&P 500 futures (ES=F) trickled down 0.1%. Nasdaq futures (NQ=F) saw a […]
Post-Earnings: Should You Buy, Sell, or Hold Uber Stock?
Uber UBER released its fourth-quarter earnings report on Feb. 5. Here’s Morningstar’s take on Uber’s earnings and stock. What We Thought of Uber’s Q4 Earnings Uber reported earnings that exceeded management guidance while maintaining respectable growth in key network effect metrics, including trips, monthly active platform consumers, or MAPCs, engagement (trips/MAPC), and monetization per user. […]
China Strengthens Control over Metals Market with Increased Overseas Mining Efforts
China keeps major hold on metals with mining push abroad Last year marked a pivotal moment in China’s international mining endeavors, as the nation significantly increased its investment in foreign mining projects. This trend is strategically aligned with President Xi Jinping’s ambitious Belt and Road Initiative (BRI), which aims to reshape global trade networks and […]