The Energy Sector fared a little better over the last two weeks. However, our Model Oil Portfolio dropped 0.9% and is now down 5.7% since inception on June 2, 2019 while, for 2020, it is off 14.6%. Many of the benchmarks we use are also struggling. The fear is that the coronavirus could spread globally and instigate a significant slow-down in a variety of economic areas. [more]
Despite the third day in a row of a decreasing number of new coronavirus cases, the virus could yet turn into an uncontrollable global pandemic. Bill Gates worries that the virus, if it reaches Africa, could wipe out ten million people. [more]
The new deals represent Newgioco’s continued growth in the U.S. regulated sports betting market. NASDAQ listing should improve visibility and liquidity. Recent merger pegs Newgioco’s value at over $300 million on a comparative basis. [more]
Uber and Lyft, the two largest ride-sharing companies competing to be the leader in the global markets, just released their Q4/2019 earnings and guidance for 2020. In 2019, Uber had quarterly net loss of US$1.1B and annual loss of US$8.5B; Lyft had quarterly net loss of US$356M and annual loss of US$2.6B. Both plan to be EBITDA positive by the end of 2020. [more]
Alibaba, Amazon, Google, IBM, Microsoft and Oracle are all fighting for a pie of an industry growing at over 20% per year & estimated to be almost $75B by 2022. [more]
Annual gold demand dips 1% year-over-year due to a decrease in consumer demand that over shadowed the higher investment demand for gold-related ETFs. [more]
On February 5, 2020, the Empire Club of Canada hosted a panel discussion with guest panelists including Cole Diamond, Fatema Pirone, and Richard Carlton. [more]
Tesla Q4/2019 Earnings Beat Consensus Estimate, GM Invests $2.2B into EVs, and UPS buys 10,000 EVs. [more]
AbraPlata, Azimut, Granada Gold Mine, and Osino Resources had drill results that sent the stocks higher, time to get these companies on your watch list. [more]
The specter of a coronavirus epidemic gripped the markets in the last few days with a broad sell-off occurring across almost all indexes. We are on the cusp of this health threat, and we could know soon whether it will proliferate or be contained. [more]
Copyright © 2024 | MH Magazine WordPress Theme by MH Themes