The Daily Chase: Meta launches Threads; Oil prices remain resilient - BNN Bloomberg

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So... did you try Instagram’s Threads last night? After lovingly putting the kids to bed , I downloaded Threads. First reaction: It is exactly like Twitter. Second reaction: I have no followers. Third reaction: Is Beyoncé here yet? I don’t know if this will work but I do know that Meta has 3.8 billion monthly active users and Twitter never made it past 500 million. With US$44 billion at stake, if Threads is successful Twitter could be hanging by one in short order.

as OPEC+ took measures to reduce supply. Technicians have taken notice of the fact that oil crossed above its 50-day moving average. Next resistance will be at the 100-day US$73.50. While oil is down 11 per cent so far this year, Canadian energy stocks have held in much better . Canadian oil prices are now trading at the narrowest discount to U.S. oil prices since November 2020.However, home prices were still up from the previous the year as home sales grew.

Giuseppe Bivona, partner and chief investment officer at Bluebell Capital @11:50 a.m. EDT: A heavyweight clash in the world of mining as Bluebell Capital's CIO Bivona pushes for the ouster of Glencore's CEO over controversial acquisition attempts and questionable climate action plans. Gerald Sanders, In Situ Resource Utilization lead of NASA at 5 p.m. EDT: Turning space rocks into life support: Join us as we sit down with NASA's ISRU team lead to explore their ambitious plans to transform extraterrestrial resources into critical supplies for deep space exploration.

Paige Ellis: Watch for part two of Paige Ellis’ report on the Ozempic craze. Today she digs into new research uncovering previously-unknown side effects, including a reduced appetite for alcohol and even shopping.

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