📈 Over 6 Million Vehicles Sold

August 2, 2024

Here's how some major markets/indexes performed in the last 5 days:

  • Dow Jones: 39,566 (-2.7%)
  • S&P 500: 5,325 (-2.75%)
  • Nasdaq 100: 18,387 (-3.84%)
  • TSX: 22,171 (-2.91%)
  • BTC: 62,894 (-7.84%)
  • Ethereum: 3,015 (-7.79%)

(USD)

As of 08/02/2024 at 11:50am PST

TSX Reaches New Heights with Broad-Based Rally

Record Achievement The S&P/TSX Composite Index has hit an all-time high Thursday, surpassing the 23,000 mark for the first time. Unlike the tech-heavy U.S. markets, the TSX's strength comes from diverse sectors, with value, commodity, and low-volatility stocks driving the rally.

Key Highlights:

  • Record Close: TSX tops 23,000, closing at 23,110 on Thursday.
  • Broad-Based Gains: Multiple sectors contribute to the index's rise.
  • Investment Shift: Investors rotate into value and commodity stocks.

Why It Matters:

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This milestone highlights the resilience and diversity of the Canadian market, rewarding patient investors with strong returns. The TSX's performance sets a positive tone for continued growth, showcasing the strength of Canada's economic landscape.

YouTube Thumbnails - Summer 2023-1

Did you watch it?

📺 BTV Showcases Top Clean Techs on the TSX & TSX.V

Missed the Episode? Watch It Now: Dive into the 2024 Canadian Climate Investor Conference with BTV – Business Television. Now available on YouTube, this episode showcases groundbreaking clean technology companies transforming the world and offers insights into exciting investment opportunities in the booming renewable energy sector.

Episode Highlights:

  • Cleantech Innovators: Discover the companies driving sustainable change globally.
  • Investment Opportunities: Explore how investments in renewables have tripled since 2015, surpassing the $1 trillion mark.
  • Global Impact: Learn how these trailblazers are shaping a sustainable future.

Don't miss out on these amazing companies leading the way.

Watch the Full Episode HERE

tesla

Tesla Achieves Major Milestone with Over 6 Million Vehicles Sold

Driving Success Tesla has reached a significant milestone by delivering over 6 million electric vehicles worldwide, showcasing its leadership in the EV market. This achievement highlights Tesla's impact on transforming the automotive industry and its continued growth in global markets.

Key Highlights:

  • Sales Milestone: Over 6 million Tesla vehicles were delivered globally.
  • Market Leadership: Reinforces Tesla's position as a leader in the electric vehicle sector.
  • Global Impact: Demonstrates the growing adoption of EVs and Tesla’s influence on the industry.

Why It Matters Tesla's milestone reflects the accelerating shift towards electric vehicles and underscores the company's role in driving sustainable transportation solutions. This achievement sets the stage for further innovation and expansion in the EV market.

📢  This Week's Selected Company News:

Hertz Energy Expands Uranium Portfolio with Key Acquisition

Strategic Acquisition Hertz Energy Inc. has announced the acquisition of a 100% interest in Mineral Claim 102722 in Nunavut, Canada, strengthening its uranium portfolio. This addition enhances the Cominco Uranium Project, providing a contiguous land package and strategic growth in the uranium sector.

Key Highlights:

  • Acquisition Details: Secured a 100% interest in the Pomie uranium showing within the Cominco property.
  • Historic Potential: Builds on historic drilling results, including significant uranium mineralization.
  • Future Plans: Launching an aggressive exploration program to outline a "uranium district."

Strategic Impact This acquisition underscores Hertz Energy's commitment to expanding its energy metals portfolio and advancing the Cominco Uranium Project, leveraging modern exploration technologies to unlock new opportunities in the uranium market.

Learn More ➤

HIVE Digital Reports July Bitcoin Production and Strategic Growth

Monthly Production Update HIVE Digital Technologies Ltd. announced the production of 116 Bitcoin in July 2024, boosting its HODL by 2% to a total of 2,533 Bitcoin. The company maintained a mining capacity of over 4.7 EH/s and is gearing up for future growth with the installation of new-generation ASIC miners.

Key Highlights:

  • July Production: Mined 116 Bitcoin, increasing holdings to 2,533 BTC.
  • Mining Capacity: Achieved an average of 4.7 EH/s with plans to reach 5.5 EH/s.
  • New Hardware: Installation of 9,500 new ASIC miners for enhanced efficiency.

Learn More ➤

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📈 Over 6 Million Vehicles Sold
📈 Over 6 Million Vehicles Sold

Tesla has reached a significant milestone by delivering over 6 million electric vehicles worldwide, showcasing its leadership in the EV market.