Excitement stemming from possible U.S. pot reform has dissipated and Canopy Growth (CGC) stock is again moving lower. While better positioned to capitalize on pot reform than peers, other issues will likely push it to lower prices. Much like how you should “just say no” to Hexo (HEXO), the same applies here with Canopy. Source:
Month: April 2022
Fidelity and Vanguard are two of the largest investment companies in the world. Fidelity boasts 40 million individual investors and $11.8 trillion in total customer assets. Meanwhile, Vanguard has more than 30 million investors and $8.1 trillion in global assets under management. Both brokers have solid industry reputations and offer a large selection of low-cost
Carnival (CCL) might attract increased demand due to revenge traveling. In this manner, inflation provides an impetus to vacation but also a headwind. Speculators might try their luck, but conservative investors should be cautious. At the start of the coronavirus pandemic, Carnival (NYSE:CCL) became the posterchild for the devastation caused by the global health crisis,
CalPERS, the country’s largest state public pension fund, disclosed Tuesday that it intends to vote for a Berkshire Hathaway shareholder proposal that would replace Warren Buffett as chairman. The California Public Employees’ Retirement System revealed its position in a filing with the Securities and Exchange Commission, ahead of Berkshire’s annual shareholders meeting April 30. The
Gold House Gold House Megan Ruan knows firsthand how representation can impact funding for entrepreneurs. She recalled being the only woman of color working at a family office earlier in her career and running a portfolio of venture investments. “I saw the decisionmaking and how it differed between the people that were check-writers at these
Take a look at some of the biggest movers in the premarket: Netgear (NTGR) – Netgear tumbled 10.6% in premarket trading after the networking equipment maker reported weaker-than-expected preliminary results for the quarter that ended April 3. Netgear also cut its current-quarter revenue forecast, pointing to a weaker U.S. market for WiFi equipment. Zendesk (ZEN)
Newegg Commerce (NEGG) stock is much more than just a stock for meme traders. The company is branching out into an interesting niche sales category. Investors should consider a moderate position size in shares of Newegg. Source: OleksandrShnuryk / Shutterstock.com California-based Newegg Commerce (NASDAQ:NEGG) is an electronics and computer parts e-retailer. NEGG stock deserves a place
Experiencing a steep drop at the start of April, it may seem like the dust is settling with Digital World Acquisition (NASDAQ:DWAC). So, should you buy DWAC stock as it drops below $50 per share? Not so fast. The speculative frenzy around it has long since peaked. Shares are moving lower in response to recent
Top cryptocurrencies like Bitcoin, Ethereum, and BNB may be more susceptible to external market factors than some crypto enthusiasts would like to believe. These and other major tokens fell sharply in the first two weeks of April 2022, with the broader crypto market losing almost $400 billion of value during that time. What’s worse, analysts
Alphabet (GOOG, GOOGL) has finally decided to spend some of its huge $140 billion cash and securities pile It has made a small $5.4 billion of Mandiant (MNDT), which is seen as complementary to the company’s operations It may now use its cash for more than just share repurchases, which used up 75% of its
Shares of ManpowerGroup Inc. charged higher Tuesday, after the staffing services company reported better-than-expected first-quarter earnings and provided an upbeat outlook, as the COVID-19 pandemic and war in Ukraine contributed to drive record demand for skilled labor. Manpower stock MAN, +7.00% ran up 6.5% in morning trading, which puts it on track for the biggest
Bank stocks are down in 2022. With the Fed raising rates, are the big banks a buying opportunity? Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
Franklin Resources (BEN): Asset management giant with a forward yield of 4.41%. First Interstate Bancsystem (FIBK): Under-the-radar banking play with a 4.76% dividend yield. It could see big earnings growth next year. Leggett & Platt (LEG): Hit hard in the past year, despite a 50-year track record of raising its annual dividend. LyondellBasell Industries (LYB): A
In this article MS In this photo illustration, the Twitter logo is displayed on the screen of an iPhone in front of a computer screen displaying Twitter logos. Chesnot | Getty Images Check out the companies making headlines in midday trading. Twitter — Shares rose 3.4% after Twitter announced Friday that the board adopted a
Ameresco (AMRC): The clean technology integrator now offers utility-scale battery storage solutions and boasts a large backlog. ON Semiconductor (ON): Growing demand for electric vehicles and business automation have boosted top line growth. Plug Power (PLUG): Hydrogen fuel cell manufacturer anticipates a 80% increase in revenue this year. Source: Shutterstock As the demand for solar,
AMC Entertainment (NYSE:AMC) recently announced that it acquired seven locations with 66 screens in Connecticut, Upstate New York and Annapolis, Maryland. The meme-friendly theatre chain acquired the theatres from Bow Tie Cinemas. AMC stock gained 6% on the news. While the stock got a one-day boost from the news, the acquisition of these theatres will
If you have moved jobs while holding a traditional 401(k), you are probably familiar with the rollover options for these ubiquitous retirement accounts. You may be less sure, though, of your options when you leave an employer with whom you hold a Roth 401(k), the newer and less prevalent cousin of the traditional 401(k). The
PayPal (PYPL) recently laid off its next-gen tech team, raising questions about its relevance The move highlights the confusing nature of PYPL stock, both fundamentally and technically Conservative investors should tread carefully with PYPL stock Source: Michael Vi / Shutterstock.com PayPal (NASDAQ:PYPL) disclosed last week that it laid off its research team focused on advanced
There are “real danger signs” for the Chinese economy, which could even stall out in the current quarter, a top China watcher said late Monday. China is facing difficulty, in part, because it can’t settle on a “coherent” COVID policy, and policymakers are wary of cutting interest rates, said Mary Lovely, who heads the China
Take a look at some of the biggest movers in the premarket: Twitter (TWTR) – Twitter shares jumped 4.5% in the premarket after the company’s board of directors adopted a so-called poison pill to prevent Tesla (TLSA) CEO Elon Musk from increasing his stake in the company past 15%. That follows Musk’s $54.20 per share
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