The video game industry experienced high growth due to new innovative products and services, such as live-service games, subscription-based gaming platforms, and eSports offerings. As a result, this past quarter, game publishers are recording record revenues, with most raising guidance for this year. [more]
So far this year, a basket of Gold BAANG stocks (Barrick, AngloGold, Agnico Eagle, Franco-Nevada, and Gold Fields) is up 58% versus the Tech FAANG stocks (Facebook, Amazon, Apple, Netflix, and Google/Alphabet), up 52%. [more]
SPG attempts to buy J.C. Penney and ABG raises $600 million to acquire distressed retail brands, while SPG and ABG’s JV called SPARC Group makes moves to win bids on bankrupt retail assets, including Brook Brothers and Lucky Brand. [more]
The new funds will be used for the continued optimization and de-risking, and allows for the expansion of exploration programs. Existing 1M oz Au resource and PEA on the Hammerdown & Orion projects. [more]
Data Center and Gaming divisions drive strong revenue growth in FQ2/2021 and more than offset the decline in Automotive and Professional Visualization divisions’ results. Quarterly revenue was higher than the Company’s previous guidance and beat Analysts’ consensus estimate. [more]
According to Gartner, the global public cloud services market is expected to reach US$$266 billion in 2020, a 17% increase year-over-year, led by segments Software as a Service (“SaaS”) and Infrastructure as a Service (“IaaS”), which are expected to grow to US$$116 billion and US$$50 billion, respectively. [more]
Berkshire exits positions in banks, financial firms, and airlines, while entering a position in Barrick Gold; Paulson & Co. exits positions in Allergen , Spring Corp, and Tech Data; and Pershing Square exits positions in Berkshire Hathaway, Blackstone / GSO Credit Fund, and Park Hotels & Resorts. [more]
The 2020 drill program will test east of the Jaclyn North Zone, along strike and in areas of high-grade quartz boulders, and also include in-fill drilling of the Jaclyn Main Zone. The company plans to build on its 2018 NI 43-101 mineral resource estimate for the Jacelyn Main Zone containing a capped Inferred Resource of 106,400 ounces of gold. [more]
This past quarter, Canadian cannabis companies focused on consolidating operations, adjusting asset valuations, and launching Cannabis 2.0 derivative products. While in the U.S., cannabis companies increased production capacity and scaled retail stores in order to be ready when federal legalization of cannabis becomes a reality. [more]
New 33-page Initiation Equity Research Report on XORTX, with a Speculative Buy rating and one-year price target of $2.30/share. The Company has two potential late stage drugs in development focused on kidney diseases that could initiate pivotal Phase 3 clinical trials in the next 12 months. [more]
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