Page 566 - Small Caps News Today

by Tyler Durden Wednesday, May 12, 2021 - 09:04 AM US equity markets just got monkeyhammered, with Small Caps and Big-Tech hit the hardest and unable to hold the bounce... Inflation breakevens ripped up near their 2004 highs... Lifting 10Y yields to 1.65%... And money markets are increasingly pricing in a rate-hike by Dec 2022... Todays CPI erases the dovishness of the weak jobs print... The CPI print prompted inflation swaps, caps and floors to price in a 42% chance of CPI being above 3.00% in...

Exro Technologies posts financial results for the quarter ended March 31, 2021 Sue Ozdemir, chief executive officer of Exro said the company is "ramping up the design and construction of the new 36,966 square foot facility in south Calgary that will be capable of producing automotive compliant Coil Driver units in late 2022" As of March 31, 2021, Exro had cash of $39,174,239 and accounts receivable of $201,029, which primarily consist of GST refund Exro Technologies Inc. (CVE:EXRO)...

Inflation flare-up: Which value stocks to buy for the recovery and rotation Value and small-cap stocks should continue to outperform in the short-term and if inflation expectations flare up in the summer this value trend should extend well into the second half With worries about inflation flaring up around the world, investors have been turning to value stocks that they expect to do better from the economic recovery and benefit from the rotation out of more cyclical sectors. This trade has seen...

The company reported that cash on hand increased 57% year-over-year from $59.2 million to $93.1 million The RECONNECT trial, planned for the third quarter, will enroll around 200 children and adolescents with Fragile X Syndrome Zynerba Pharmaceuticals Inc (NASDAQ:ZYNE) (FRA:6ZY) told investors it believes it has sufficient cash to fund its operations well into the first half of 2024 after the company reported cash and equivalents of $93.1 million on hand at the end of the first quar...

Calima Energy continues to offer a combination of value, cashflow and reserves growth: Auctus Advisors Auctus has a 3.5 cents per share target price for Calima, reflecting a valuation upside of more than 4x Calima’s current share price of 0.8 cents. Calima is planning an active, low-risk drilling program to develop proven reserves. Calima Energy Ltd’s (ASX:CE:1) recent well performance at the core Brooks area in Canada has exceeded type curve estimates by 28%, confirming Auctus ...

Empower Clinics agrees to COVID-19 referral agreement with major Canadian airline Empower Clinics (CSE: CBDT – OTCQB: EPWCF) CEO Steven McAuley joined Steve Darling from Proactive to share news the company through a new referral agreement, a major Canadian airline will now refer its passengers to Kai Care for expedited COVID-19 testing. McAuley telling Proactive this will allow passengers will have access to and benefit from a Kai Medical Laboratory COVID-19 test. When booking a flight or nav...

ElectraMeccanica breaks ground on its US car manufacturing plant in Mesa, Arizona The 235,000-square foot Mesa manufacturing facility is located on 18 acres of land adjacent to the Phoenix-Mesa Gateway airport in Arizona The car maker said that when it is up and running, the Mesa facility will roll out 20,000 vehicles a year and employ upwards of 200 to 500 people ElectraMeccanica Vehicles Corp (NASDAQ:SOLO), a Canadian electric vehicle designer and manufacturer, has commemorated t...

by Tyler Durden Nomuras “futures imbalance” monitor showed enormous sell pressure all day in NQ futs across all lots sizes (the largest in at least 1m), but particularly in our medium- and large- lot buckets, proxies for large HFs and Asset Managers aggressively selling / shorting... Two things were behind the QQQcrash - ARKKs vicious circle and CTA Deleveraging. Nomuras Charlie McElligott warns that the monstrous ~$20B ARKK active ETF is getting absolutely torched in recent weeks amid a...

by Tyler Durden Tuesday, May 11, 2021 - 04:02 PM After yesterdays ugliness in big-tech and small-caps, many hoped for a bounce today. But the combination of ARKK gamma and CTA deleveraging meant the pain was not over and both Nasdaq and Russell 2000 plunged into the cash market open (after getting hit as the Asia open and European open)... But that puke into the cash open was one for the history books as NYSE companies trading on downticks exceeded those on upticks by 2,069 at one point. That w...

That was quite a day. The tech wreck continued, leading the drop in stocks. Commodities did the unthinkable and tumbled on the day but Gold and Cryptos gained as the dollar dumped into the red for the year... Source: Bloomberg Dallas Feds Kaplan warned that he was "cognizant of excess risk-taking in financial markets". Maybe turn the taps off then? 🦠Monetary policy since March 2020.. pic.twitter.com/kPgQXol3VJ " PiQ (@PriapusIQ) May 10, 2021 The Dow topped 35k for the first time ever...