Sector Update
Copper futures are experiencing significant declines following a sharp revision by Goldman Sachs, which has lowered its forecast for copper prices by nearly $5,000/ton. This downward adjustment is a result of China’s faltering economic recovery, which is expected to delay the anticipated rebound in global copper demand.
News
The Bank of Canada reduced its key interest rate by 25 basis points on Wednesday and indicated the possibility of more significant cuts if the economy experiences a sharper slowdown in the coming months. As we navigate through a period of global economic uncertainty, this move carries significant implications for
Market Pulse
In a robust display of market resilience, U.S. stock index futures climbed on Friday as inflation data came in slightly lower than anticipated, bolstering investor sentiment and easing concerns over aggressive monetary tightening. This positive development follows a mixed trading session on Thursday, where early gains were offset by
Company Profile
Ticker: TSXV: MIM | OTCQB: MIMDF | FSE: KH3 Current Price: $0.32 52-Week Range: $0.19 - $0.45 Market Cap: $14.915M Shares Outstanding: 39.82M Float: 37.81M Insider Ownership: 4.39% MiMedia Holdings Inc. has been making significant strides in expanding its footprint within the consumer cloud platform
Company Profile
Ticker: CSE: GLDSD | OTCQB: GSPRF | FSE: L5Y Current Price: $0.28 52-Week Range: $0.06 - $0.285 Market Cap: $11.195M Shares Outstanding: 44.78M Float: 30.39M Insider Ownership: 21.44% Strategic Investors & Management Ownership: 63% As investors continue to seek out opportunities in the resource exploration
Market Pulse
Market Overview This week, the S&P 500 (SP500) continued to demonstrate resilience, rebounding 2.3% after a sharp selloff earlier in the week. The recovery was fueled by positive investor sentiment driven by better-than-expected inflation data. The 10-year Treasury yield (US10Y) closed at 3.94%, down 3 basis
News
Key Takeaways * Robust Financial Performance: Meta reported Q2 2024 revenues of $32 billion, a 15% YoY increase, and net income of $9.5 billion, translating to an EPS of $3.15, significantly exceeding analyst expectations. * Effective Cost Management: Meta’s total expenses grew at a slower rate of 10% YoY,
Greenlane's significant retail doors boost Safety Strips' market reach. Greenlane's U.S. sales team accelerates Safety Strips' market entry. Partnership with Greenlane drives immediate revenue for Safety Strips accretively. Partnership supports Safety Strips' sustained growth and innovation. Toronto, Ontario--(Newsfile Corp. - August
High-sensitivity test strips offer powerful detection capability for the current and growing opiate crisis Combining Greenlane's industry leading omnichannel distribution platform with Safety Strips affordable and highly accurate ISO certified test strips to help prevent opioid-related deaths BOCA RATON, FL / ACCESSWIRE / August 12, 2024 / Greenlane Holdings, Inc. ("
Empower your investment strategy with expert analysis and timely market intelligence with ArcStone Financial Pulse. Our cross-border research desk provides a global lens on emerging trends in Crypto, Blockchain, Web3, AI, SaaS, HealthTech, FinTech, Biotechnology, E-commerce, and Cybersecurity.
Ticker: WPR (TSX.V) Current Price: $0.58 52-Week Range: $0.37 - $2.00 Market Cap: $22,577,076 Shares Outstanding: 38,925,993 CanPR Technology Ltd. TSX Venture Exchange CanPR Technology Ltd. is an innovative technology-enabled immigration service provider dedicated to helping newcomers successfully move to a new
Ticker: THRM.V (TSX.V) Current Price: $0.05 52-Week Range: $0.01 - $0.10 Market Cap: $21 Million Shares Outstanding: 420,615,855 Overview Canadian-listed Therma Bright (THRM.V) has captured investor attention with a remarkable 200% surge following a positive notification from the U.S. Department of
On August 2, 2024, U.S. stock markets experienced significant declines for the second consecutive session, driven by a disappointing jobs report that stoked fears of an impending recession. The Nasdaq Composite confirmed it was in correction territory, falling more than 10% from its recent peak. The Dow Jones Industrial
Uranium mining shares experienced a significant downturn on Thursday, August 1st following an announcement from top global producer Kazatomprom. The Kazakhstan state-owned company raised its full-year production guidance, reporting higher-than-expected output for the first half of 2024. Key Highlights: * Kazatomprom's Production Increase: Kazatomprom has updated its 2024 production
Gold has reached unprecedented levels, with prices hitting a new all-time high of $2,483.35 on July 17th, 2024. This surge is driven by growing market expectations that the US Federal Reserve (Fed) will commence its easing cycle in September. Additionally, the increasing likelihood of former President Donald Trump
Nasdaq Composite Selloff: Key Insights and Investment Considerations The recent selloff in the Nasdaq Composite (COMP:IND) has captured the attention of both retail and institutional investors. The tech-focused index has experienced a significant downturn, dropping 7.1% over the past two weeks since July 11. This report provides a
Introduction The landscape of equity markets is continually evolving, with new sectors emerging as focal points for investors seeking high growth potential. One such sector that has garnered significant attention is micro-cap robotic stocks. These stocks, representing smaller companies within the robotics industry, offer unique opportunities and challenges for both
Introduction At ArcStone Securities and Investments Corp., our core mission is to help clients raise capital and navigate the complexities of public listings in Canada and the USA. As a client-focused broker-dealer, we are dedicated to providing strategic guidance and support to companies, especially those in the AI space, looking
Introduction The landscape of technology and finance has been irrevocably altered by the meteoric rise of artificial intelligence (AI). This transformative wave is not just a fleeting trend but a significant paradigm shift, ushering in an era where machine learning, deep learning, and neural networks are becoming integral to various
Key Takeaways: Market Overview - Despite strong tech performance, rising concerns over a slowing economy and weak consumer sentiment are evident * Big Tech Dominance: The first half of 2024 was marked by significant gains in Big Tech, with the Nasdaq 100 index increasing by 8% in Q2, while its equal-weighted
Key Takeaways: * Inflation: Soft consumer and producer inflation data provided a boost to markets. * Federal Reserve: Fed’s steady policy rate with a more cautious outlook for rate cuts in 2024. * Oil Market: Predictions of excess supply could pressure energy stocks. * Nvidia: AI-driven euphoria propels Nvidia to a $3 trillion
Key Takeaways: * Global Economic Slowdown: The global economic slowdown has reduced demand for Canadian exports, which are heavily tied to commodity prices. A slower global economy means lower demand for Canadian goods and services, particularly in key sectors such as oil and natural gas. * Interest Rate Differentials: The divergence in
