B2G to invest millions into Canadian junior
Shares of Founders Metals Inc. (TSXV: FDR.V) rose more than 12% Thursday after B2Gold Corp. (NYSE:BTG) announced an investment of more than C$12 million into the Canadian junior miner.
Founders has more than 49 mineral claims in New Brunswick and, following Thursday’s trading, reached a market capitalization of nearly $200 million.
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Read MoreGold the third most popular investment in Germany
In 2022, Germany was the second largest market for retail gold investment. It boasted a 185 tonne net bar and coin demand, but that number slumped to 47 tonnes in 2023 and just 5 tonnes in the first half of this year.
But that isn’t to say Germany has lost its gold-buying ways,
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Read MoreOptions trading for retiring: Cash flow in your golden years
With that being said, it’s important for current and future retirees to have options that can provide an alternative income source to balance risk and reward. Key strategies in balancing retirement …
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Read MoreBank ETFs jump as JPMorgan, Wells Fargo stocks surge after earnings results
Exchange-traded funds that buy bank stocks were rallying Friday, after JPMorgan Chase & Co. and Wells Fargo & Co. reported their third-quarter results.
The SPDR S&P Bank ETF was rising 1.9% on Friday morning, while the SPDR S&P Regional Banking ETF gained 2%, according to FactSet data, at last check.
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Read MoreUnited Airlines' stock extends a record win streak, fueling Dow transports rally
The Dow Jones Transportation Average is surging 1.9% in recent trading, to outperform its sister index, the Dow Jones Industrial Average, by a wide margin, to put it on track to close at the highest price since July 31, 2023.
Keep in mind that the Dow transports hasn’t closed at a record since the Nov.
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Elon Musk Bought Twitter, Should You?
After buying a 9.2% stake in Twitter, Elon Musk quickly tweeted ideas to improve what he labeled the de facto online “town square.”
He proposed new features, such as a $3/month fee to receive a blue check mark, and sprinkled in jokes amid the “tweetstorm.” For example, on April 9,
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