Tariff Uncertainty Disrupts Canada’s Housing Market
Almost half of Canadians looking to purchase a home this year say the trade dispute with the United States has prompted them to postpone. According to the latest Royal LePage survey, 49% have put their homebuying plans on hold. Of those, 37% are concerned about a potential increase in the cost of living, 30% are […]
Amazon Earnings: Solid Quarter Driven by AWS Performance
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. Amazon AMZN reported first-quarter results that beat the high end of guidance on both the top and bottom lines. Revenue grew by 10% year over year in constant currency to $155.7 billion, while operating margin was 11.8% versus 10.7% a […]
Asian Battery Metals Ventures into Mongolian Exploration with Robust Cash Reserves and Enhanced Drilling Efforts
Asian Battery Metals plunges into Mongolian exploration with strong cash position and expanded drilling Asian Battery Metals PLC recently delivered a robust operational and financial update for the quarter ending March 2025, highlighted by an oversubscribed capital raise of A$3.969 million and the initiation of Phase 3 drilling at its flagship Oval copper-nickel-platinum group elements […]
Economic Effects of $65 Billion Mining Projects in British Columbia, According to MABC
The exploration camp at the Eskay Creek gold project in British Columbia. Credit: Skeena Resources A total of 27 mining projects representing C$90 billion ($65 billion) in economic activity have the potential to deliver major benefits for the province of British Columbia and Canada at a time of global instability, a slowing provincial economy and […]
Shell Unveils $3.5 Billion Share Buyback Following $5.58 Billion Profit Surge
Shell launches $3.5bn share buyback as profits hit $5.58bn Shell (SHEL.L) has announced a new $3.5bn (£2.55bn) share buyback programme, its 14th consecutive quarter of repurchases of at least $3bn, after posting better-than-expected earnings for the first quarter of 2025. The Anglo-Dutch energy major reported adjusted earnings of $5.58bn for the three months to March, […]
Federal Oil and Natural Gas Leasing Revenue Reaches Nearly $8.5 Billion in 2023
Federal Oil & Natural Gas Leasing Revenue Tops Nearly $8.5 Billion in 2023 Revenues from oil and natural gas leases on onshore federal lands totaled $8.497 billion in 2023, according to a new Congressional Research Service (CRS) report. In fact, oil and natural gas leasing represents a whopping 93 percent of the total federal revenue […]
Tesla: Quest for Elon Musk’s Successor Sheds Light on…
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. The Wall Street Journal reported Tesla’s TSLA board began to search for a successor to current CEO Elon Musk around one month ago. The board also told Musk that he needed to spend more time on Tesla. Why it matters: […]
Global Outlook on Metal Foil in the Lithium-Ion Battery Market
Metal Foil for Lithium-ion Battery Market, Global Outlook The global market for metal foil used in lithium-ion batteries is witnessing remarkable growth, projected to expand from $9,034 million in 2024 to $24,270 million by 2031. This surge represents a robust compound annual growth rate (CAGR) of 14.5%. The driving force behind this expansion is the […]
Microsoft Earnings: Strong Quarter from Every Perspective…
Microsoft’s MSFT third-quarter results topped the high end of the firm’s guidance. Revenue increased 13% year over year to $70.1 billion, compared with the high end of guidance of $68.7 billion while operating margin was 45.7%, compared with the high end of guidance at 44.6%. Why it matters: Results are good across the board, with […]
Ghana Strikes Agreement with Nine Additional Gold Miners to Acquire 20% of Their Production
Gold pour at Newmont’s Ahafo project in Ghana. Credit: Newmont Ghana has reached a deal with nine more mining companies to purchase 20% of their gold production, a government body said on Wednesday, aiming to consolidate a gold purchase program meant to boost the country’s gold reserves and stabilize its currency. Africa’s top gold producer […]