Analyst Articles
Companies Focused on Stay-at-Home Products and Services Report First Quarter Earnings
Shopify, Netflix, Roku, Peloton, Etsy, and Pinterest book Y/Y revenue gains in 28%-60% range but some are still not profitable. [more]
Analyst Articles
Mining Merger Monday with Three Deals Announced
SSR Mining and Alacer Gold merging; Adriatic Metals to acquire Tethyan Resource; and, Gold X & Gran Colombia trying to merge with Guyana Goldfields thwarting Silvercorp’s plan to merge with Guyana Goldfields [more]
Investor Insights
CNN Money’s Fear & Greed Index – Fear is the New Normal
Index is stuck in “Fear” for fifth straight week but creeping towards Greed as Put/Call ratio, VIX, and Stock Price Breadth shift to Neutral. [more]
Analyst Articles
Volatility Index Drops but Overall Our Four Market Indicators Still Show Extreme Market Volatility & Downside Potential
The VIX remains in the “High Volatility” range but closed the week below 30 for the first time since February. U.S. Unemployment Rate is 14.7%, the highest rate since the Great Depression and wipes out all of the job gains since 2000. [more]
Analyst Articles
Uber and Lyft Report Q1/2020 Financials as California Sues for Violations of Bill 5
Uber’s stock price increased after reporting a $2.9B loss and withdrawing guidance. Lyft’s stock price was also higher after reporting a $398M loss but more rides. However, California’s attorney general sued both for violating the recently passed state law regarding gig economy workers. [more]
Analyst Articles
Cresco Labs Completes Expansion of Cannabis Facility in Pennsylvania
State-of-the-art cultivation and manufacturing facility expands capacity by 66,000 sq. ft to a total of 88,000 sq. ft of indoor and greenhouse space. [more]
Agriculture & Fertilizer Companies
Xebec Released 2019 Results with a 144% Revenue Gain and Adjusted EBITDA of $6.3M
Xebec recorded record annual revenue of $49.3 million and re-affirmed 2020 Revenue growth guidance in the 60%-80% range. Well-funded for growth from equity financings in Q3 & Q4/2019 of $35.2 million and a $10M unsecured loan facility announced this week. [more]
Analyst Articles
Market Pundits Speak – Warren Buffett, Leon Black, Bill Ackman, Tony DeSpirito and David Rosenberg
All have different opinions as the COVID-19 pandemic has driven different strategies from CEOs of various investment firms including Berkshire Hathaway, Apollo, Pershing Square, and BlackRock, and research firm Rosenberg Research & Associates. [more]
Video-of-the-Day
Video-of-the-Day: GFG Hits 71.27 g/t Au over 8.5m at Pen Gold Project Near Timmins
GFG completed seven holes at the Nib Prospect as part of their 2020 Phase 1 drill program, expect assays from the remaining six holes in the coming weeks. [more]
Cannabis
Most Cannabis Stocks Went Up in April – Are We Past the Bottom
Lorimer Wilson from MunKNEE.com reviews 35 cannabis companies and 29 had stock price increases in April with only 6 companies going down in price. [more]