Category: Featured Content
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Fed hawkish pause, regional banks tanks, and gold nears record highs!
Well what developments in the past 24 hours. Investors and traders were anticipating the Federal Reserve meeting. A 25 basis point hike was expected along with some statement hinting at no more interest rate hikes. Well, the market got the 25 basis point hike (the Fed’s 10th rate hike in a row), and some sort…
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Real AI isn’t a ChatGPT app: Plurilock’s artificial intelligence used by 600 companies
Ian Patterson’s AI powered information security company, Plurilock (PLUR.V) does business with military, intelligence, government, academic, and corporate institutions, but when he shows up to a Burrard Street cafe to chat with this reporter for an hour, he doesn’t hop out of a black SUV with tinted windows, and there aren’t black-suited bodyguards surrounding him.…
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Real AI isn’t a ChatGPT app: Plurilock’s artificial intelligence used by 600 companies
Ian Patterson’s AI powered information security company, Plurilock (PLUR.V) does business with military, intelligence, government, academic, and corporate institutions, but when he shows up to a Burrard Street cafe to chat with this reporter for an hour, he doesn’t hop out of a black SUV with tinted windows, and there aren’t black-suited bodyguards surrounding him.…
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FansUnite’s (FANS.T) deals the big trade of the summer, sells Scottish sportsbook for big profit
When FansUnite (FANS.T) emerged on the public markets, the sports betting and e-sports gambling worlds were nascent, fast moving, full of hype, and mostly confusing places to be. Three years on, they’re not far improved, but FansUnite has managed to plot a decent path for itself in providing B2B services for companies wanting to do…
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First Republic Bank troubles weigh in on stock markets
As earnings continue to come out mixed, and raising the probabilities of an upcoming recession, leave it to the regional banks to once again take center stage. Many analysts warned that the regional bank crisis is not over when you consider the fact that deposits are shrinking, lending (a bank’s primary business) is slowing, and…
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Short bet against Canadian Bank TD increases by 45%
Two weeks ago, Canadian bank Toronto-Dominion (TD) became the world’s most shorted bank. Hedge fund bets against TD hit $4.2 billion. This news raised some concerns for Canadians as hedge funds are clearly shorting TD for some reason. Is it a bet against the Canadian economy? Most analysts agree the short is a sympathy play…
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Does this weeks earnings point to a recession?
The US stock markets continue their chop fest and range as the rally to start 2023 is set to be tested by first quarter earnings. Investors have been expecting earnings to be somewhat mixed or tepid as higher interest rates begin showing their impact on the real economy and resulting in an economic slowdown or…
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Evolution Potash: A better way to produce eco-friendly potash
Agriculture was once making major headlines due to the war in Ukraine. It seems that those headlines have subsided, however food inflation remains to be a concerning topic for the middle class. A lot of this has to do with supply chains and the pressure on agriculture. Agriculture doesn’t get much love from long term…