Latest in Green Thumb Industries looks past ‘tricky time’ for cannabis stocks as the company notches another profit
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Green Thumb Industries looks past ‘tricky time’ for cannabis stocks as the company notches another profit
Green Thumb’s Ben Kovler says the big drop in canna stocks this week isn’t causing the Chicago-based company to change course.Business - MarketWatch - 5 hours ago -
The cannabis industry is awaiting a legal green light, but can businesses survive?
Legal gray area surrounding the drug makes it difficult to prepare next steps, with rescheduling a perpetual threat. The Benzinga Cannabis Capital Conference, which took place in downtown Chicago ...World - The Guardian - October 16 -
Archer Daniels’ stock slides 8% on profit warning as company says it will restate past financials
Archer Daniels Midland Co.’s stock tumbled 6% early Tuesday, after the food-processing and ethanol giant published guidance for the third quarter that lags estimates and said it would restate prior ...Business - MarketWatch - 3 days ago -
Markets look past Trump tariffs, but they could be ‘life or death’ for some companies
Donald Trump’s most consistent policy commitment is to tariffs, or taxes paid by U.S. importers of foreign goods.Business - MarketWatch - 2 days ago -
Roku’s stock sinks after streaming company posts another quarterly loss
Roku Inc.’s stock fell in after-hours trade Wednesday, after the streaming platform posted another quarterly loss and flat average revenue per user.Business - MarketWatch - October 31 -
Toast’s stock soars after company swings to profit and revenue beats estimates
Toast Inc.’s stock soared in after-hours trade Thursday, after the digital-payment platform for restaurants posted better-than-expected revenue for the third quarter, offsetting a profit miss.Business - MarketWatch - 20 hours ago -
Florida Rejects Recreational Marijuana as Cannabis Stocks Plunge
A ballot measure to legalize recreational pot failed to reach the required 60 percent threshold for passage, and publicly listed companies’ shares dropped after a major market was closed to them.Business - Inc. - 2 days ago -
Centene’s stock soars 11% after earnings sweep past estimates and company backs guidance
Chief Executive Sarah M. London said the company had navigated a “dynamic landscape” in the quarter amid turmoil in the Medicaid business.Business - MarketWatch - October 25 -
Trump wins Nevada, notching another swing state
Former President Trump is projected to win the swing state of Nevada, according to Decision Desk HQ (DDHQ). DDHQ called the presidency for Trump earlier Wednesday morning after he won Alaska and ...Politics - The Hill - 2 days ago -
We're making a flurry of trades: Buying 2 beaten-up stocks, taking profits in another
We're using proceeds from the sale to help fund our purchases of two other Club stocks.Business - CNBC - October 29 -
Exxon Mobil’s profit beat offsets revenue shortfall in first quarter after Pioneer Natural deal
Exxon Mobil Corp.’s third-quarter earnings on Friday showed a profit beat that offset a revenue miss, while the company boosted its quarterly dividend by 4%.Business - MarketWatch - November 1 -
Cannabis stocks crater as Florida fails to garner needed votes for adult use
North Dakota and South Dakota also failed in their efforts to legalize cannabis for recreational use, while a medical measure passed in Nebraska.Business - MarketWatch - 2 days ago -
Boeing’s stock saw major upside after past strikes, but this time won’t be easy
“There was substantial upside if one bought Boeing stock” during prior strikes in 1989, 1995 and 2005, an analyst says, though a 2008 strike that coincided with the Great Recession was an outlier.Business - MarketWatch - October 21 -
ALCS Game 5: Yankees beat Guardians, head to first World Series since '09
After a thrilling victory, the Yankees await either the Dodgers or Mets in the Fall Classic.Sports - ESPN - October 20 -
China’s industrial profits plunge as economic momentum falters
Steep monthly decline in September comes as policymakers battle to restore confidenceBusiness - Financial Times - October 27 -
Adani Enterprises profit rockets on growing airports and green business
Quarterly results boost Gautam Adani’s conglomerate as it seeks to bounce back from damaging allegationsWorld - Financial Times - October 29 -
China's industrial profits plunge at fastest pace since the pandemic
The country's industrial profits declined 27.1% year-on-year in September.Business - CNBC - October 28 -
Ulta Beauty shares tick higher, even as company sees 'headwinds' in beauty industry
Retailer Ulta Beauty did not provide guidance for next fiscal year and said it expects near-term challenges to continue.Business - CNBC - October 16 -
Inside the Massive Crime Industry That’s Hacking Billion-Dollar Companies
When you download a piece of pirated software, you might also be getting a piece of infostealer malware, and entering a highly complex hacking ecosystem that’s fueling some of the biggest breaches ...Tech - Wired - 4 days ago -
Lamar Jackson carves up Broncos for perfect passer rating in Ravens win, another notch in his MVP campaign
The Broncos entered Sunday with the NFL's third-ranked defense. They were no match for Jackson and a Ravens offense that's arguably been the league's best through the first half of the season.Sports - Yahoo Sports - 5 days ago -
Democrats look to quash threat from Green Party's Jill Stein
Democrats are sounding the alarm over Green Party candidate Jill Stein as they look to avoid a repeat of the 2016 presidential election, in which Stein was accused of playing spoiler in key swing ...Politics - The Hill - October 18 -
Starmer ‘interrogates’ Miliband on green energy in mission ‘stock take’
Prime minister to review progress on key UK priorities in coming weeksWorld - Financial Times - October 18 -
Hasbro’s third-quarter profit beats expectations, but its stock slips
Hasbro Inc.’s third-quarter profit beat expectations Thursday, fueled by its gaming and licensing businesses shares, but the toy maker’s stock is down 4%.Business - MarketWatch - October 24 -
Companies’ earnings reports increase volatility of US stocks
Share prices swing as high valuations and uncertain outlook put investors on edgeWorld - Financial Times - October 26 -
U.K. Gambling Stocks Fall on Reports of New Industry Taxes
Shares in Evoke, Entain, Flutter Entertainment and Rank Group tumbled on the back of the reports, which suggest that the U.K. government is aiming to raise up to $3.9 billion from the sector.Business - The Wall Street Journal - October 14 -
Wall Street analysts get it wrong on two of our portfolio industrial stocks
New research from Wall Street analysts missed the mark on Stanley Black & Decker and DuPont.Business - CNBC - October 21 -
Tech is the star Friday, and why we'd be buyers of the dip on CrowdStrike
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.Business - CNBC - October 25 -
We're locking in a 52% gain in this hot industrial stock and changing our rating
The industrial stock will need to beat a high bar for the stock to rally after it reports earnings Thursday.Business - CNBC - October 29 -
We're trimming our position in an industrial stock with an uncertain growth outlook
The sale will decrease the stock's weighting in our portfolio to roughly 2.5% from 3.05%Business - CNBC - 3 days ago -
We're following one of our core investing rules by selling this industrial stock
As we've talked about the past few days, we want to capitalize on the recent market strength to lighten up on stocks we deem lesser quality.Business - CNBC - 8 hours ago -
Guardiola the dream long shot for FA as it looks past Carsley for England job
FA reached out to Manchester City manager in summer Tuchel believed to have reservations about the role The Football Association has identified Pep Guardiola as its dream target but is not ...World - The Guardian - October 14 -
Fed poised to look past US election uncertainty with quarter-point rate cut
Central bank expected to stay the course despite a distorted jobs report and unclear path for economic policyBusiness - Financial Times - 5 days ago -
Reddit shares soar after company turns first-ever profit
Monthly users rose by nearly half thanks to AI translation feature, and deals for AI training with Google and OpenAI boosted revenue. Reddit on Tuesday reported a quarterly profit for the first ...World - The Guardian - October 30 -
OpenAI Speaks to California Attorney General About Becoming For-Profit Company
A new report says CEO Sam Altman’s efforts to shed its nonprofit AI research lab status are moving forward.Business - Inc. - 3 days ago -
Ralph Lauren’s stock jumps 6% after earnings blow past estimates
Global direct-to-consumer same-store sales rose 10%, driven by positive numbers across all regions.Business - MarketWatch - Yesterday