Last week, the U.S. witnessed a significant rise in unemployment claims, marking the highest level since August 2023. According to the Labor Department’s latest report, jobless claims for the week ending May 4 escalated by 22,000 to 231,000, up from 209,000 the previous week. Despite this surge, the numbers remain…

As the industry's dynamics evolve, Anheuser-Busch InBev (NYSE:BUD) recently disclosed its first-quarter financials, surpassing expectations despite ongoing challenges stemming from a 2023 advertising misstep that triggered a significant boycott. This backdrop sets the scene for Bud Light’s ongoing sales slump, even as rivals like Constellation Brands (NYSE:STZ) and Molson Coors…

West Red Lake Gold (“West Red Lake Gold” or “WRLG” or the “Company”) () () is pleased to announce that it has entered into an agreement with Raymond James Ltd. as sole bookrunner, on behalf of a syndicate of underwriters (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed…

Cosa Resources announces its summer exploration plans for its portfolio of Athabasca Basin uranium projects in British Columbia. Highlights include: Diamond drilling at Ursa to follow up on positive winter drilling results and test a second high priority target area. Ambient Noise Tomography (ANT) surveys are planned to prioritize targets…

Record quarterly revenue of $17.9 million, up 13% year-over-year, accelerating for second consecutive quarter Total AUM increased 22% year-over-year to over $400 million (MogoTrade Assets up 150% year-over-year) Quarterly payments volume increased 18% year-over-year to $2.6 billion Ended Q1 with $53.4 million of cash, marketable securities & investments2 Mogo reports…

HEXWAVE will be deployed at a Juvenile Correctional Facility in Chile WILMINGTON, Mass., May 8, 2024– ("Liberty" or the "Company"), a leading technology provider of Artificial Intelligence (AI) based next generation detection solutions to protect secure locations against prohibited weapons and other threats, is pleased to announce that its HEXWAVE…

Norwegian energy giant Equinor recently announced a partnership with Standard Lithium, acquiring a 45% stake in a deal valued at up to $160 million. This partnership aims to expedite the advancement of Standard Lithium's two lithium projects and will see Equinor leverage oil and gas technologies as well as provide…

Highlights: E3 Lithium is expanding its Calgary-based lab to manufacture battery products, including lithium carbonate E3 Lithium plans to build scaled down equipment to validate lithium carbonate that will support the feasibility study and future operations The carbonate produced from this work will allow the Company to refine its process…

Traditional wealth management companies may need to reconsider their strategy or risk losing younger clients as new regulations are set to reveal high banking fees. According to a recent investment satisfaction survey by J.D. Power, 25% of Gen Z and 22% of Millennials would consider switching wealth management firms in…

Shares of Uber (NYSE: UBER) experienced a sharp decline, falling nearly 9% on Wednesday after the company reported an unexpected net loss for the first quarter and projected second-quarter gross bookings below analysts’ expectations. This disappointing performance marks a potential slowdown following a robust 2023, during which Uber dominated the…

Shares of Tripadvisor Inc. (NASDAQ:TRIP) experienced a significant drop, tumbling 38% on Wednesday, marking what could be their most substantial single-day decline to date. This steep fall came after the online travel company announced it would not consider a sale at this time, despite previous interest from potential buyers. In…

Shares of Shopify Inc. (NYSE: SHOP) saw a steep decline, dropping over 20% in early trading on the Toronto Stock Exchange on Wednesday. This sharp fall followed the e-commerce platform’s forecast of slowing sales growth and a slight contraction in gross margins for the second quarter. Despite strong first-quarter results…

Chilean prisons are struggling with escalating overcrowding, challenging authorities' control as the prison population swells. After a period of decline, the number of inmates has risen for 25 consecutive months, reaching 54,766 by February 2024, which is 131% above facilities' intended capacity. According to Chile's Justice Minister Luis Cordero Vega,…

Today, greeted investors with a downturn, potentially signaling an end to the S&P 500’s impressive four-day winning streak. Early trading saw the benchmark index down 0.4%, with the Dow Jones Industrial Average slipping 0.1% and the Nasdaq composite dropping 0.6%. The cause? Uber Technologies disappointed investors with quarterly results worse…

Microsoft has unveiled a collaboration with Sanctuary AI to enhance AI capabilities for general-purpose robots, prominently featuring Sanctuary’s humanoid, Phoenix. Under this collaboration, Sanctuary AI will leverage Microsoft’s Azure cloud services to develop sophisticated “Large Behavior Models” (LBMs), designed to help AI systems learn from direct real-world interactions. This initiative…

ISTANBUL, May 7, 2024 — Karpowership and Petrobras have signed a Memorandum of Intent (MoI) to combine their respective expertise in the natural gas and power sectors. This includes liquefaction for both floating and onshore natural gas, storage of natural gas and LNG, as well as regasification programs, to guarantee…

CHICAGO, May 8, 2024 — Angeles Investors, the investor community that finds, funds, and grows the most promising startup ventures, is set to unveil the top 100 Hispanic or Latino venture startups in the U.S. alongside the Adelante Award honoree at its Q2 Summit Event & Awards in San Francisco…