7 July 2024

Howe Street Reporter Title

Tag: banking

  • Stock markets rattled as US banks get downgraded

    Stock markets rattled as US banks get downgraded

    Recession. Inflation. Soft landing. Interest Rates. The Federal Reserve. The Federal Reserve is near the end of rate hikes. Earnings. Geopolitics. I am sure I have forgotten something as we look at all the factors impacting market narratives. Oh yes! Do you remember a few months ago when regional banks were making headlines? A few…

  • Friday Recap: Cannapocalypse™, Dow Record, and Fed Report

    Friday Recap: Cannapocalypse™, Dow Record, and Fed Report

    Aurora CEO: “We will be profitable before others” Aurora Cannabis Inc. Chairman Michael Singer made a statement today that the firm will reach profitability before “any of its peers”, however, declined to comment by when this will happen. We spoke yesterday about the bloodbath that was Canopy and Aurora earnings. The chairman saying Aurora will…

  • CIBC’s (CM.T) cannabis coverage: is this Canadian bank a hot mess?

    CIBC’s (CM.T) cannabis coverage: is this Canadian bank a hot mess?

    The Canadian Imperial Bank of Commerce CIBC (CM.T) – a $48 billion company with 11 million clients and 40,000 employees – just released a statement declaring that other cannabis industry analysts are lying or deluded about how much weed it is going to sell in the next two years. “Sales estimates for the legal cannabis…

  • You people don’t get CUV Ventures (CUV.V); maybe it’s time you got CUV Ventures

    You people don’t get CUV Ventures (CUV.V); maybe it’s time you got CUV Ventures

    When you’re looking to tell the story of a public company in a way that will resonate with an audience, with a succinct, tagline-sized parable, finding the words ‘multidimensional’ and ‘multidivisional’ in the first few lines of their website will give a writer reason to reach for the coffee. CUV Ventures (CUV.V) isn’t an easy…

  • CUV Ventures (CUV.V): What if you built a bank while nobody was looking?

    CUV Ventures (CUV.V): What if you built a bank while nobody was looking?

    when you ask Steve Marshall, CEO of CUV Ventures (CUV.V) about Cuba, he says, “It’s a lovely place. Great people. Lots of opportunity.” He doesn’t say (anymore), “We are all in on Cuba.” He used to, but the world has changed a little. Pre-Trump, Cuba opening to the world was the next big thing. But…

  • Cuba Ventures (CUV.V): So many pieces but the puzzle is becoming much clearer

    Cuba Ventures (CUV.V): So many pieces but the puzzle is becoming much clearer

    So a while back I told you about a new blockchainy deal called Cuba Ventures (CUV.V). You guys liked it and it ran hard. We like when that happens. But the Cuba Ventures story was pretty simple back then. CUV is building out a blockchain network that allows Cubans and their kinfolk to move money…