Category: Featured Content
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![Home Depot posts worst revenue miss in 20 years, signs of recession?]()
Home Depot posts worst revenue miss in 20 years, signs of recession?
Home Depot (HD) reported fiscal first quarter 2023 earnings which mostly missed estimates and has raised concerns that the consumer is being tapped out. Put it another way in our consumer based economy, are signs of an economic slowdown or recession increasing? This has been on the mind of investors ever since the Fed has…
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![Palantir (PLTR) stock rips over 20% on earnings and unprecedented AI demand]()
Palantir (PLTR) stock rips over 20% on earnings and unprecedented AI demand
This year, one of the largest sector momentum trades was/is AI. The US markets saw AI stocks pop to kick off 2023. Take for example C3.ai under the ticker AI: BigBear.ai under the ticker BBAI: We saw the same pop move in Canadian AI names such as FOBI AI: Big pops at the beginning of…
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![Fed hawkish pause, regional banks tanks, and gold nears record highs!]()
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]()
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]()
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]()
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]()
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%]()
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?]()
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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![Silver demand hits record highs in all categories]()
Silver demand hits record highs in all categories
With headlines of inflation, market uncertainty, bank troubles, impending recession headlines, and geopolitical risks increasing, one can understand why money is running into hard assets. I have always maintained that gold (and silver because it follows the price action of gold!) will go up when there is a sense of a confidence crisis. When people…
