Tag: Powell
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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 $2 trillion mark the crown prince hoped for, it still boasts the world’s largest IPO offering. The firm released a statement on Sunday aiming that it had…
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Thursday Recap: Return of the Cannapocalypse, Walmart, and Powell
Cannapocalypse: Version 2 I think Canopy Growth ($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…