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Investment Banks & Hedge Funds Stepping Up Activity in Physical Uranium as Prices Spike

Retrieved on:

화요일, 5월 7, 2024

PALM BEACH, Fla., May 7, 2024 /PRNewswire/ -- An article from REUTERS on the Uranium markets earlier this year painted a prosperous picture for the global Uranium. The report said: "Investment banks Goldman Sachs and Macquarie as well as some hedge funds are positioning themselves to reap the benefits of a newly buoyant uranium sector as prices of the nuclear fuel ingredient spike. While many other investment banks are still avoiding uranium, Goldman and Macquarie are boosting trading in physical uranium and in Goldman's case trading its options as well, five industry and hedge fund sources with knowledge of the deals said. The heightened activity comes as utilities seek new supplies amid shortfalls that have lifted prices to 16-year highs." It continued: "A few hedge funds are also stepping up involvement in both equities and physical uranium, a sign that the metal is starting to broaden its appeal to financial institutions after a decade in the doldrums following the Fukushima nuclear disaster. With the headlines and positive momentum in nuclear more generally, hedge funds and other commodity investors are back in the (uranium) sector. A lot of it is done via physical funds, the easiest way to get exposure to uranium prices," said Bram Vanderelst at trading firm Curzon Uranium. The metal has captured investors' attention after prices doubled over the past year to $102 a pound as top producers Kazatomprom and Cameco cut production guidance because reopened mines that had been mothballed struggled to ramp up production to meet renewed demand." Active mining companies in the markets this week include Stallion Uranium Corp. (OTCQB: STLNF) (TSX-V: STUD), Cameco (NYSE: CCJ) (TSX: CCO), Denison Mines Corp. (NYSE American: DNN), Uranium Energy Corp (NYSE American: UEC), Baselode Energy Corp. (OTCQB: BSENF) (TSX-V: FIND).

Key Points:

The report said: "Investment banks Goldman Sachs and Macquarie as well as some hedge funds are positioning themselves to reap the benefits of a newly buoyant uranium sector as prices of the nuclear fuel ingredient spike.
With the headlines and positive momentum in nuclear more generally, hedge funds and other commodity investors are back in the (uranium) sector.
A lot of it is done via physical funds, the easiest way to get exposure to uranium prices," said Bram Vanderelst at trading firm Curzon Uranium.
Goldman Sachs has started writing options on physical uranium for hedge funds , the first time it has created a derivative for the metal."

Investment Banks & Hedge Funds Stepping Up Activity in Physical Uranium as Prices Spike

Retrieved on:

화요일, 5월 7, 2024

PALM BEACH, Fla., May 7, 2024 /PRNewswire/ -- An article from REUTERS on the Uranium markets earlier this year painted a prosperous picture for the global Uranium. The report said: "Investment banks Goldman Sachs and Macquarie as well as some hedge funds are positioning themselves to reap the benefits of a newly buoyant uranium sector as prices of the nuclear fuel ingredient spike. While many other investment banks are still avoiding uranium, Goldman and Macquarie are boosting trading in physical uranium and in Goldman's case trading its options as well, five industry and hedge fund sources with knowledge of the deals said. The heightened activity comes as utilities seek new supplies amid shortfalls that have lifted prices to 16-year highs." It continued: "A few hedge funds are also stepping up involvement in both equities and physical uranium, a sign that the metal is starting to broaden its appeal to financial institutions after a decade in the doldrums following the Fukushima nuclear disaster. With the headlines and positive momentum in nuclear more generally, hedge funds and other commodity investors are back in the (uranium) sector. A lot of it is done via physical funds, the easiest way to get exposure to uranium prices," said Bram Vanderelst at trading firm Curzon Uranium. The metal has captured investors' attention after prices doubled over the past year to $102 a pound as top producers Kazatomprom and Cameco cut production guidance because reopened mines that had been mothballed struggled to ramp up production to meet renewed demand." Active mining companies in the markets this week include Stallion Uranium Corp. (OTCQB: STLNF) (TSX-V: STUD), Cameco (NYSE: CCJ) (TSX: CCO), Denison Mines Corp. (NYSE American: DNN), Uranium Energy Corp (NYSE American: UEC), Baselode Energy Corp. (OTCQB: BSENF) (TSX-V: FIND).

Key Points:

The report said: "Investment banks Goldman Sachs and Macquarie as well as some hedge funds are positioning themselves to reap the benefits of a newly buoyant uranium sector as prices of the nuclear fuel ingredient spike.
With the headlines and positive momentum in nuclear more generally, hedge funds and other commodity investors are back in the (uranium) sector.
A lot of it is done via physical funds, the easiest way to get exposure to uranium prices," said Bram Vanderelst at trading firm Curzon Uranium.
Goldman Sachs has started writing options on physical uranium for hedge funds , the first time it has created a derivative for the metal."

Investment Banks & Hedge Funds Stepping Up Activity in Physical Uranium as Prices Spike

Retrieved on:

화요일, 5월 7, 2024

PALM BEACH, Fla., May 7, 2024 /PRNewswire/ -- An article from REUTERS on the Uranium markets earlier this year painted a prosperous picture for the global Uranium. The report said: "Investment banks Goldman Sachs and Macquarie as well as some hedge funds are positioning themselves to reap the benefits of a newly buoyant uranium sector as prices of the nuclear fuel ingredient spike. While many other investment banks are still avoiding uranium, Goldman and Macquarie are boosting trading in physical uranium and in Goldman's case trading its options as well, five industry and hedge fund sources with knowledge of the deals said. The heightened activity comes as utilities seek new supplies amid shortfalls that have lifted prices to 16-year highs." It continued: "A few hedge funds are also stepping up involvement in both equities and physical uranium, a sign that the metal is starting to broaden its appeal to financial institutions after a decade in the doldrums following the Fukushima nuclear disaster. With the headlines and positive momentum in nuclear more generally, hedge funds and other commodity investors are back in the (uranium) sector. A lot of it is done via physical funds, the easiest way to get exposure to uranium prices," said Bram Vanderelst at trading firm Curzon Uranium. The metal has captured investors' attention after prices doubled over the past year to $102 a pound as top producers Kazatomprom and Cameco cut production guidance because reopened mines that had been mothballed struggled to ramp up production to meet renewed demand." Active mining companies in the markets this week include Stallion Uranium Corp. (OTCQB: STLNF) (TSX-V: STUD), Cameco (NYSE: CCJ) (TSX: CCO), Denison Mines Corp. (NYSE American: DNN), Uranium Energy Corp (NYSE American: UEC), Baselode Energy Corp. (OTCQB: BSENF) (TSX-V: FIND).

Key Points:

The report said: "Investment banks Goldman Sachs and Macquarie as well as some hedge funds are positioning themselves to reap the benefits of a newly buoyant uranium sector as prices of the nuclear fuel ingredient spike.
With the headlines and positive momentum in nuclear more generally, hedge funds and other commodity investors are back in the (uranium) sector.
A lot of it is done via physical funds, the easiest way to get exposure to uranium prices," said Bram Vanderelst at trading firm Curzon Uranium.
" Goldman Sachs has started writing options on physical uranium for hedge funds , the first time it has created a derivative for the metal.

Elisity Raises $37M Series B to Fuel AI Innovation in Identity-Based Microsegmentation

Retrieved on:

화요일, 4월 30, 2024

Elisity , the pioneer in identity-based microsegmentation, today announced it has raised $37 million in Series B funding from global software investor Insight Partners.

Key Points:

Elisity , the pioneer in identity-based microsegmentation, today announced it has raised $37 million in Series B funding from global software investor Insight Partners.
Microsegmentation is essential to containing attackers’ lateral movement within compromised networks, making it fundamental to cyber defense and foundational to building zero trust architectures.
Unsurprisingly, Exactitude Consultancy predicts the global microsegmentation market will grow from $2.63 billion in 2023 to $12.47 billion by 2030.
In this way, Elisity addresses the long-time challenge of easily and quickly deploying microsegmentation and streamlines efforts to deploy zero trust and other critical capabilities.

Black Bear Transmission Places Ozark Supply Access Project In-Service

Retrieved on:

목요일, 4월 18, 2024

Energy, Other Energy, Utilities, Oil, Gas, Storm, Arkansas Electric Cooperative Corporation, Project, Power, Transport, Bear, Natural gas, Black Hills Corporation, AOG, Partnership, Senior, AECC, Black bear, Risk management

Black Bear Transmission LLC (“Black Bear Transmission”) is pleased to announce its subsidiary Ozark Gas Transmission (“Ozark Transmission”) placed its Supply Access Project (the “Project”) in-service on April 8, 2024.

Key Points:

Black Bear Transmission LLC (“Black Bear Transmission”) is pleased to announce its subsidiary Ozark Gas Transmission (“Ozark Transmission”) placed its Supply Access Project (the “Project”) in-service on April 8, 2024.
The Project was undertaken to enhance gas supply reliability for Ozark shippers in response to disruptions experienced during Winter Storm Uri in February 2021.
These additional facilities will create access to new supply interconnections with major interstate pipelines from the east end of the Ozark Transmission system.
“AOG is excited to benefit from Black Bear Transmission’s Ozark pipeline project,” said J.T.

In High Demand: BARK Relaunches Weed-Inspired Dog Toys and Treats

Retrieved on:

수요일, 4월 17, 2024

Online Retail, Consumer, Retail, Pets, Specialty, Giant, BarkBox, Bear, THC, Collection, Parent, Multimedia, Dog, Apple, Black Friday

BARK (NYSE: BARK), a leading global omnichannel dog brand with a mission to make all dogs happy, is bringing back its cheeky 4/20-inspired dog toy and treats for the fifth year in a row.

Key Points:

BARK (NYSE: BARK), a leading global omnichannel dog brand with a mission to make all dogs happy, is bringing back its cheeky 4/20-inspired dog toy and treats for the fifth year in a row.
Holding the record for the most dog toy versions of bongs sold (not fact checked), BARK sets the green standard for pup paraphernalia in the industry.
BarkBox subscribers can expect to receive the original plush B-O-N-G-O and Apple of My High dog toys, which are filled with fluff and squeakers, while Super Chewer will satisfy tough chewers with more durable dog toys including the treat-dispensing Snack-Packed Bong dog toy and Munchie the Bear, who arrives in a 420mg SALIVA baggie.
The first launch of the 4/20-themed dog toys in 2020 sent dog parents into a blaze, with BARK selling out of product in the first 24 hours and BARK’s Facebook ad with the toys garnering 5,000 comments in 10 hours.

Breaking Boundaries: Mumu the Bull Achieves New Heights in the Crypto Market

Retrieved on:

화요일, 4월 2, 2024

Crypto, Bull, Growth, Binance, History, News, Creativity, Bear, Empowerment, Incredible, Cryptocurrency

Mumu the Bull isn't just a meme coin; it's a symbol of unity, fun, and financial empowerment in the ever-evolving landscape of cryptocurrency.

Key Points:

Mumu the Bull isn't just a meme coin; it's a symbol of unity, fun, and financial empowerment in the ever-evolving landscape of cryptocurrency.
Incredible news continues to pour in for Mumu the Bull as it reached remarkable milestones in the crypto market.
As the Mascot Of The Bull Market, Mumu embodies the spirit of growth and empowerment.
Mumu the Bull welcomes you to join the stampede towards a decentralized future where everyone has the opportunity to thrive.

MRC Global Announces Agreement with Engine Capital and Appointment of Daniel Silvers to the Board of Directors

Retrieved on:

화요일, 4월 2, 2024

International Game Technology, Growth, Biophysical environment, Fortress Investment Group, LLP, Acquisition, MRC, University, Daniel, REIT, Bear, PVF, Universal Health Services, Corporate governance, Management

Mr. Silvers’ appointment is made in conjunction with a cooperation agreement that the Company has reached with Engine Capital, L.P. (“Engine”).

Key Points:

Mr. Silvers’ appointment is made in conjunction with a cooperation agreement that the Company has reached with Engine Capital, L.P. (“Engine”).
Robert Wood, MRC Global’s Chairman of the Board, said, “We are pleased to welcome Daniel to the Board following continued constructive engagement with Engine and as part of the Board’s ongoing refreshment program.
Additionally, Mr. Silvers has served as Executive Chairman of Winventory, Inc., a tech-enabled event ticketing management partner, since January 2024.
From 2005 to 2009, Mr. Silvers served as a Vice President at Fortress Investment Group LLC, a leading global alternative asset manager.

Cipher Mining Announces March 2024 Operational Update

Retrieved on:

월요일, 4월 1, 2024

Bear, Black Pearl, Treasury, Economics, BTC, Cryptocurrency

“Cipher delivered another solid performance in March, which marks the completion of a remarkably strong first quarter of production,” said Tyler Page, CEO of Cipher.

Key Points:

“Cipher delivered another solid performance in March, which marks the completion of a remarkably strong first quarter of production,” said Tyler Page, CEO of Cipher.
“Despite significant curtailment from our power provider at Odessa for plant maintenance and the continuing growth in overall network hash rate, our team did an outstanding job maintaining our uptime and optimizing our portfolio.
We continued to grow our bitcoin inventory, which now stands at ~1,741 BTC.
As part of its regular treasury management process, Cipher sold ~8 BTC in March, ending the month with a balance of ~1,741 BTC.

A Story of Defiance… Comcast’s Black Experience on Xfinity Announces Premiere of Powerful Documentary Bad River Written, Directed and Produced by Award-Winning Filmmaker Mary Mazzio and Executive-Produced by NBA Hall of Famer Grant Hill

Retrieved on:

월요일, 4월 1, 2024

The story unfolds in a groundbreaking way, through a series of shocking revelations, devastating losses, and a powerful legacy of defiance and resilience.

Key Points:

The story unfolds in a groundbreaking way, through a series of shocking revelations, devastating losses, and a powerful legacy of defiance and resilience.
Black Experience on Xfinity is a first-of-its-kind destination of Black entertainment, movies, TV shows, news and more.
Xfinity customers can access the Black Experience on channel 1622 or simply say “Black Experience” into the Voice Remote to instantly enjoy the ultimate in Black storytelling.
Non-Xfinity customers will be able to view the partnership on Xumo Play, Comcast and Charter’s free ad-supported streaming service app.