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Stephen King Quits Facebook Over Political Ads And Security Concerns Controversy
Monday, February 3, 2020 - 1:05am | 395The famous horror author Stephen King announced his decision to delete his Facebook account. King is an active social media user with 5.6 million followers on Twitter. What Happened Tweeting about his decision, King said, “I'm quitting Facebook. Not comfortable with the flood of...
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A Perspective On Biopharma's Record M&A Run In 2019
Monday, December 23, 2019 - 3:57pm | 833This year was a watershed one for biopharma M&A, with several multibillion-dollar deals announced thus far. M&A activity in 2019 kickstarted with a big deal. Bristol-Myers Squibb Co (NYSE: BMY) agreed to buy Celgene for $74 billion in cash and stock, and the deal was consummated in late...
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Data: Multiple Fed Rate Cuts Have Historically Lifted The Market
Thursday, October 31, 2019 - 7:34am | 393The U.S. stock market has reacted positively to the 0.25% rate cut announced Wednesday by the Federal Reserve. What Happened The Federal Reserve cut the interest rate for the third time this year. The U.S. economy also showed less of a slowdown, at 1.9% growth in the third...
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Cronos Group's 40% After-Hours Mystery Rally: What We Know
Thursday, October 17, 2019 - 1:22pm | 539Cronos Group Inc. (NASDAQ: CRON) shares spiked 41.5% during Wednesday's after-market session at about 6:20 p.m. Peers such as Aurora Cannabis Inc (NYSE: ACB) and Tilray Inc (NASDAQ: TLRY) made significant moves higher in sympathy with Cronos Group. PreMarket Prep co-hosts Dennis Dick and Joel...
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I Know First Says It Predicts Stock Market Movements With 97% Accuracy
Tuesday, September 24, 2019 - 3:46pm | 382Benzinga is highlighting nominees for the fifth annual Benzinga Global Fintech Awards ahead of the event Nov. 19 in New York City. One nominee is I Know First, an algorithmic investing tool. “We’re excited that the I Know First, which is focused on using deep learning in order to...
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Telenav Says GM Contact Unaffected By Deal Between Automaker, Google
Friday, September 6, 2019 - 10:07am | 482Telenav, Inc. (NASDAQ: TNAV) has responded to an announcement made by General Motors (NYSE: GM), stating it has a strong relationship with the auto company, with a contract effective through model year 2025. Telenav experienced a strong sell-off after General Motors announced a deal Thursday for...
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It's Homebuying Season: What To Expect In 2019
Monday, July 8, 2019 - 4:22pm | 528Following a busy spring real estate season, the summer is another exciting time for the market. The competitive season may cause home seekers to assume that winter is the only time to score a discount price. This perception may not be the case: if an increased spring inventory is undersold,...
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Cannabis Still Can't Be Sold, Promoted On Facebook Or Instagram
Wednesday, May 22, 2019 - 9:17am | 410Cannabis has gained mainstream acceptance in recent years, but it's still federally banned in the U.S. That ban puts platforms like Facebook Inc. (NASDAQ: FB) in a difficult situation when it comes to cannabis advertising, and Facebook decided this week it will maintain its stance against...
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GMP Upgrades Canopy Growth To Buy Following Acreage Deal
Monday, April 22, 2019 - 12:57pm | 356Cannabis stocks were mostly higher Monday after Canopy Growth Corp (NYSE: CGC) received positive coverage from an analyst. The Analysts GMP Securities' Martin Landry upgraded Canopy Growth from Hold to Buy with a price target lifted from $65 to $72. The Thesis Canopy Growth last week secured...
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Coal For Christmas On Wall Street: S&P 500 Enters Bear Territory
Monday, December 24, 2018 - 2:24pm | 373After a weekend of market-rattling statements by President Donald Trump and Treasury Secretary Steven Mnuchin and the beginning of a federal government shutdown, the S&P 500 ended an abbreviated Christmas Eve trading session in bear market territory. The index was down 2.71 percent at 2,351.10...
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Facebook To Allow Verified Cannabis Pages
Friday, October 12, 2018 - 2:35pm | 498With Facebook Inc. (NASDAQ: FB) and Instagram blocked search results for “cannabis” and “marijuana,” companies in the sector were forced to develop strategies to work around the restrictions, as Benzinga reported last month. The social media landscape opened up a...
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Bond Yields Soar To 7-Year High: What It Means For Investors
Sunday, October 7, 2018 - 2:46pm | 893Even as the equity markets are trending close to record highs, the bond market is witnessing an accelerated sell-off. After closing at the year's high at 3.2 percent Thursday, the yield on the benchmark 10-year U.S. treasury is seeing incremental strength and was at 3.24 percent ...
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Infographic: Bitcoin Vs. Tilray
Thursday, September 20, 2018 - 3:41pm | 340Tilray Inc. (NASDAQ: TLRY) investors witnessed some extreme volatility this week. Shares of the cannabis company surged as high as 90 percent Wednesday before the stock was halted five times leading up to the closing bell. Characteristics of Tilray’s stock performance this week very...
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What Is Growth Investing And Value Investing?
Wednesday, August 8, 2018 - 8:27am | 1512"The key to making money in stocks is not to get scared out of them." -Peter Lynch The term investing refers to risking one's capital with the hope of generating future returns. Not everyone commits their capital with the same objective, which often varies with age, risk tolerance,...
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Artificial Intelligence, Watson Go International With New ETF
Thursday, June 7, 2018 - 11:22am | 481EquBot, the company behind the AI Powered Equity ETF (NYSE: AIEQ) that runs on the Watson platform, is taking its artificial intelligence capabilities international with a new exchange traded fund. The AI Powered International Equity ETF (NYSE: AIIQ) debuted Wednesday. AIIQ is actively managed and...