Tag: finance
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![Wednesday Recap: MedMen’s Woes and Trading The Trade War]()
Wednesday Recap: MedMen’s Woes and Trading The Trade War
Deal or No Deal? We’ve heard major news about the “phase one” deal being finalised and markets have traded up on looming optimism. But let’s not forget that Hong Kong is in the midst of a violent pro-democracy protest. Today, President Donald Trump signed legislation that expresses US support for protestors, a move that threatens…
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![Friday Recap: No Such Thing As Bad Publicity]()
Friday Recap: No Such Thing As Bad Publicity
Big Bets on Volatility Bridgewater Associates, the world’s largest hedge fund has made a bet worth more than $1 billion that markets across the globe will fall by March next year. The bet essentially comprises put option trades against the S&P 500, and the Euro Stoxx 50. One might think that is a major bet,…
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![Thursday Recap: Price Wars Make A Good Acquisition Strategy]()
Thursday Recap: Price Wars Make A Good Acquisition Strategy
Nordstrom beats earnings Shares of Nordstrom surged by over 10% during extended trading Thursday after the company reported fiscal third-quarter earnings that beat analysts’ estimates. Here are the stats: Nordstorm may have beat earnings, but is still suffering the scourage that is upon the sector as a whole. However, the firm has leaned into changing…
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![Monday Recap: Cracks in the Canadian Economy, Aramco IPO, Powell Meets Trump]()
Monday Recap: Cracks in the Canadian Economy, Aramco IPO, Powell Meets Trump
Aramco IPO Oil giant Aramco is gearing up for a valuation between $1.6 – $1.7 trillion for its initial public offering. While this is short of the initial $2 trillion mark the crown prince hoped for, it still boasts the world’s largest IPO offering. The firm released a statement on Sunday aiming that it had…
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![Friday Recap: Cannapocalypse™, Dow Record, and Fed Report]()
Friday Recap: Cannapocalypse™, Dow Record, and Fed Report
Aurora CEO: “We will be profitable before others” Aurora Cannabis Inc. Chairman Michael Singer made a statement today that the firm will reach profitability before “any of its peers”, however, declined to comment by when this will happen. We spoke yesterday about the bloodbath that was Canopy and Aurora earnings. The chairman saying Aurora will…
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![Thursday Recap: Return of the Cannapocalypse, Walmart, and Powell]()
Thursday Recap: Return of the Cannapocalypse, Walmart, and Powell
Cannapocalypse: Version 2 I think Canopy Growth ($CGC) and Aurora Cannabis ($ACB) should notify the makers of the Oxford English Dictionary that the word “earnings” has been redefined to mean “losses”. Both firms have been supposed “leaders” in the industry, and have let stakeholders down in the past quarter. My disappointment in these two companies…
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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…
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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…
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Cuba Ventures (CUV.V): Taking on Western Union with blockchain to the Caribbean
Any time I get an email with ‘Western Union’ mentioned, it goes straight to the spam folder. This process is automatic and deliberate. This is because Western Union is bullshit. It provides a service, but it does so in a way that wouldn’t be out of place in the 1950’s or the robber baron era.…
