Barrick and Shandong Gold Pursue $400 Million Investment in Argentine Mine
The joint operators of Argentina’s Veladero gold mine, Barrick Gold and Shandong Gold, are seeking to add a $400 million project to a new government regime designed to attract large investments. The project, submitted to Argentina’s Large Investment Incentive Scheme (RIGI), aims to boost the mine’s output by 1.6 million ounces over its useful life […]
AI Investment Contributes 0.5% to GDP Growth, While the Magnificent 7 Stocks Propel the Market
AI spending added 0.5% to GDP growth and the Magnificent 7 stocks are driving the market The S&P 500 is up 10% year-to-date and set another all-time high yesterday. Much of that growth has come from the Magnificent 7 tech companies, which are spending heavily on AI and its associated infrastructure. That wave of spending […]
Jim Cramer’s Top 10 Stock Market Indicators for Thursday
Jim Cramer’s top 10 things to watch in the stock market Thursday My top 10 things to watch Thursday, Aug. 14 1. Stock futures ticked a bit lower this morning after the July wholesale inflation report came in much hotter than expected. The S & P 500 and Nasdaq are coming off back-to-back record highs. […]
Surge in AI Deepfakes Poses Challenges for Financial Sector, with Over 70% of New Enrollments Found to be Fraudulent
A flood of AI deepfakes challenges the financial sector, with over 70% of new enrollments to some firms being fake Financial institutions are championing the use of artificial intelligence, arguing the new technology can rapidly accelerate tasks like “know your customer” checks, customer onboarding, and document processing. Advancements like these can drive customer acquisition and […]
Jim Cramer’s Key 10 Market Insights for Wednesday
Jim Cramer’s top 10 things to watch in the stock market Wednesday My top 10 things to watch Wednesday, Aug. 13 1. AI computing provider CoreWeave’s quarterly results were good, but I’d wait for the expiration of the lockup later this week, which may invite huge selling given the stock is up 272% from its […]
Trump’s Efforts to Mine Deep-Sea Battery Metals Spark Controversy
Trump’s push to mine deep-sea battery metals draws ire… The ongoing debate regarding deep-sea mining and its implications for global mineral resources, particularly in light of the U.S. policy under the previous administration, has sparked intense skepticism. Conversations surrounding this issue reveal a complex intersection of economic ambition and international legal frameworks, raising questions not […]
Trump Signs Executive Order Banning ‘Debanking’ Practices
Trump issues Executive Order prohibiting ‘debanking’ President Trump has issued an Executive Order directing banking agencies to adopt policies to ensure that financial institutions do not use reputational risk as a basis for restricting access to banking services—a process known as “debanking.” “Individuals, their businesses, and their families have been subjected to debanking on the […]
Self-Made Multimillionaire Emma Grede, Founder of the $4 Billion Skims Empire, Reveals How Mark Cuban Helped Her Embrace AI in Business.
Self-made multimillionaire behind $4 billion Skims empire, Emma Grede, says she was ‘using AI like a 42-year-old woman’—until Mark Cuban gave her a wake up call The British-born entrepreneur, Emma Grede, best known as the founding partner of Kim Kardashian’s $4 billion shapewear empire Skims and the CEO of denim brand Good American, has built […]
Silicon Metals Corp. Finalizes Cash Payments for Aggregate Production Permit Option
Silicon Metals Corp. Completes Aggregate Production Permit Option Cash Payments – Silicon Metals Corp Silicon Metals Corp. (CSE:SI) has completed a final cash payment of $25,000 to Geotek Exploration for an option to acquire a 100% interest in aggregate permit AP6453 in Ontario’s Sudbury Mining District. Additional payments include issuing 1,500,000 common shares after 12 […]
Jim Cramer’s Top 10 Stock Market Trends to Monitor This Tuesday
Jim Cramer’s top 10 things to watch in the stock market Tuesday My top 10 things to watch Tuesday, Aug. 12 1. The July consumer price index rose 2.7% on an annual basis, below the 2.8% expected. When stripping out volatile food and energy prices, core CPI rose 3.1%, slightly above the Dow Jones consensus […]