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SEC Approves First Spot Bitcoin ETFs; Grayscale, BlackRock Set to Launch Products
The US Securities and Exchange Commission (SEC) approved the first spot Bitcoin exchange-traded funds (ETFs) on Wednesday (January 10), a development crypto investors have been eagerly anticipating. Approval became increasingly likely in…
Jefferies Misses Q4 Estimates But Is Upbeat On 2024
Fourth-quarter earnings season begins in earnest this week, and one of the first major financial firms to post earnings, investment bank Jefferies Financial Group (NYSE:JEF), did not perform as well as expected. The firm missed analyst…
Tryp Therapeutics Announces First Patient Dosed in Phase 2a Clinical Trial for the Treatment of…
Net revenues for the quarter ended September 30, 2023 reached a new Company record of $49.4 million, representing an increase of $13.6 million, or 38%, over net revenues reported for the comparable quarter ended September 30, 2022. This…
HMW Project Update – Pond 1 Liner Installation Underway
Figure 1: Arizaro Area IVTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/3751/193455_0145707354ce098e_001full.jpgMr. David Tafel, President & CEO of Portofino, commented: "The exploration…
Sale of Labyrinth Gold Project, Canada
Under the terms of the option agreement (the "Option Agreement") with Canagold Resources Ltd. ("Canagold") executed on January 3, 2020, the Company had the option to acquire 100% of the Properties by paying Canagold a total of US$2 million…
Walgreens Boots Alliance Gains After Making Major Business Changes
Walgreens Boots Alliance (NASDAQ:WBA) announced today a series of strategic moves, aimed at improving its stock performance. The operator of a major retail pharmacy chain announced a 48% reduction in its quarterly dividend to 25 cents per…
Nickel Price Forecast: Top Trends That Will Impact Nickel in 2024
Nickel started 2023 high after a rally at the end of 2022, but supply and demand pressures saw the base metal's price decline throughout the year to close nearly 50 percent lower at US$16,375 per metric ton (MT).Production has increased…
In a Tumultuous Year for Banks, These Two Stocks Were the Big Winners
In 2023, the banking industry faced its biggest crisis since the Great Recession, as four major banks — Silicon Valley Bank, Signature Bank, First Republic, and Silvergate Bank — collapsed. Another even larger bank, Credit Suisse, was…
Copper Price Forecast: Top Trends That Will Impact Copper in 2024
The copper price saw strong gains in the early part of 2023 before sinking through the year's second and third quarters. However, growth in Q4 allowed it close out the year close to its starting price.The story was all about tight supply…
Down 14% Last Year, Will PayPal Bounce Back in 2024?
A lot of beaten down fintechs had bounce-back years in 2023 as the technology sector soared. But one of the oldest payment fintechs, PayPal Holdings (NASDAQ:PYPL), was not one of them. While some of its rivals, like Block, posted gains last…