It’s been an exhilarating year for Ceylon Graphite (CYL.V) and its latest findings in Sri Lanka promise to keep that excitement rolling.
Enthusiast Gaming (EGLX.V) is up in early trading on the TSX Venture Exchange after announcing it has closed its oversubscribed private placement of shares for gross proceeds of $9 million.
Season 2 of the Overwatch League (OWL) is set to start on Valentine’s Day (Feb. 14). The league has expanded from 12 teams to 20, so the 2018 champion London Spitfire now has more challengers for the title.
If you’re a sports fan in Canada, you have likely seen (or know of) theScore’s (SCR.V) sports-highlights/headlines cable TV channel that once graced the screens of bars across the country, with the sound down and advertising opportunities limited.
Giddyup! All over the world, console videogamers are busy reacquainting themselves with John Marston and the Wild West setting of Blackwater in Rockstar Games’ Red Dead Redemption 2, the long-awaited, much-anticipated sequel to 2010’s beloved Red Dead Redemption and the third instalment of the series which began with Red Dead Revolver in 2004. Meanwhile, the stock price of Rockstar’s parent company, Take-Two Interactive (TTWO.NASDAQ), is going on its own wild ride at the moment.
The esports train keeps on rolling, and the latest to hop on board is Michael Jordan. Bleacher Report and TechCrunch report the Basketball Hall of Famer, principal owner and chairman of the National Basketball Association’s Charlotte Hornets is at the forefront of USD$26 million in financing into a startup called aXiomatic Gaming ( @aXiomaticGaming) along with billionaire investor and Carlyle Group founder David Rubenstein’s Declaration Capital.
FAANG stocks (Facebook, Amazon, Apple, Netflix and Google) have had a rough ride lately. In June all five closed down at least three percent on big volumes. Then came Amazon’s news on earnings last Thursday. Thomson Reuters had predicted AMZN’s earnings at $1.42/share, but came in at an astounding $0.40/share. It’s the biggest miss by the retail and media giant since 2011.
On Thursday, Canopy Growth (TSX: WEED) closed a private placement of just over 3.1 million shares at CDN$8.05 to a single investor for gross proceeds of nearly CDN$25 million. After hitting a Thursday 11 AM EDT high of $9.50 on the TSX, it closed well down at $8.95. By Friday morning had recovered some of that lost ground ($9.18 at 11 AM EDT).
Despite many attempts to kill it, BlackBerry is the communications company that refuses to die. The stock price of BlackBerry Limited (TSX:BB) punched through the $10 barrier for the first time since last December after reporting its latest results.
How popular has marijuana become? Now that it has been legalized or decriminalized in eight U.S. states and is also available via prescription in some parts of Canada, cannabis tourism appears to be higher (cough) than ever. Hoping to get on board the trend is ZoomAway Travel (TSXV: ZMA) (FSE: 4ZO), which is actively looking for ways to connect cannabis consumers with venues that cater to them.
All regions in the United States now allow citizens either with or without permits to sport concealed-carry weapons, and the effort to enhance detection and security has become more acute. To that end, Patriot One Technologies Inc. (PAT.V) has entered into a memorandum of understanding with the University of North Dakota for a real-world pilot study of its NForce CMR1000 concealed-weapons detection system.