Investing and Stocks News
Genetic testing company 23andMe (NASDAQ:ME) has filed for Chapter 11 bankruptcy protection in a Missouri federal court, marking a dramatic fall for a company once valued at nearly US$6 billion. Alongside the bankruptcy, the Associated Press reported that co-founder Anne Wojcicki has stepped down as chief executive, effective immediately, though she will remain on the…
Electra Battery Materials (TSXV:ELBM,NASDAQ:ELBM) announced on March 21 that it has received a letter of intent from the Canadian government for C$20 million in proposed funding. The money would support the construction and commissioning of North America’s first battery-grade cobalt refinery, a critical step toward strengthening the region’s electric vehicle (EV) supply chain. The refinery,…
Gold’s surge to record highs is beginning to reinvigorate investor confidence in companies focused on the yellow metal, reversing months of outflows and fueling fresh optimism in the sector. With the gold price breaching US$3,000 per ounce and climbing over 15 percent in 2025, investors are reassessing the profitability of gold-mining companies as the metal’s…
Brazilian Rare Earths Limited (ASX: BRE) (OTCQX: BRELY / OTCQX: BRETF) is pleased to report the results of exploration drilling at the Pelé Target 1 Project, located in Bahia, Brazil. New discovery of high-grade REE-Nb-Sc-Ta-U mineralisation High-grade diamond drill results at Pelé Target 1 returned assays of up to 13.5% TREO: NdPr: 23,217 ppm |…
Gibb River Diamonds Limited (ASX:GIB) has announced Edjudina Gold Project, WA – Permitting Application to Mine Neta Prospect Lodged. Gibb River Diamonds Limited (‘GIB’ or the ‘Company’) is pleased to announce that a Mining Proposal covering the Edjudina Gold Project (GIB 100%) has been lodged with the West Australian Mines Department (DEMIRS) The aim of…
Titanium Sands Limited (“TSL”) is pleased to announce the progression of the approval processes for its Mannar Heavy Mineral Project in Sri Lanka, following the release by the CEA of the Terms of Reference for the Mannar Island Environmental Impact Assessment (EIA). Central Environment Authority (CEA) has provided the Terms of Reference (ToR) for the…
Investors have closely watched Nvidia’s week-long GPU Technology Conference (GTC) for news and updates from the dominant maker of chips that power artificial intelligence applications. The event comes at a pivotal time for Nvidia shares. After two years of monster gains, the stock is down 15% over the past month and 22% below the January all-time…
Bitcoin is more closely correlated to the Nasdaq than it is to gold most of the time, and investors could benefit from viewing it as another big tech stock, says Standard Chartered. Bitcoin’s correlation with the Nasdaq is currently at about 0.5, after it approached 0.8 earlier this year, according to the bank. Meanwhile, its correlation…
DoorDash and Klarna are joining forces to let users pay for meal deliveries with installment loans, calling it “essential to meeting our customers’ needs.” Not everyone sees it that way. The announcement has drawn a flurry of criticism on social media, less directed at the companies themselves than questioning what the need to use a…
Energy Jumps to #2 A big move for the energy sector last week as XLE jumped to the #2 position in the ranking, coming from #6 the week before. This move came at the cost of the Consumer Staples sector which was pushed out of the top-5 and is now on #7. Because of the…