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Stock Market On Cusp Of Crashing, Crypto Is Better Investment, Suggests Pantera's Dan Morehead
Sunday, November 5, 2023 - 4:34pm | 526Last Friday, Dan Morehead, the chief executive of Pantera Capital, made a bold prediction that could send ripples through the investment community. What Happened: Morehead said he foresees a potential crash in the stock market and suggested that cryptocurrencies may emerge as the...
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Analysts Raise Concern As Apple Stock Slips Amid Fears Of Potential Revenue Decline And Looming Chinese Competition
Thursday, October 19, 2023 - 6:00am | 594Shares of Apple Inc. (NASDAQ:AAPL) are down amid expectations of a fourth consecutive quarter of declining revenue and growing competition in China, Apple’s stock has fallen about 1.5% this week and is now approximately 11% below its 52-week high seen in mid-July. Despite this, the...
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Unity Execs Offload Shares Before Controversial Fee Announcement
Thursday, September 14, 2023 - 3:58pm | 437Unity Software Inc (NYSE: U), a prominent cross-platform game engine company, recently introduced a controversial fee structure known as the Runtime Fee. Under this arrangement, developers will be charged based on the number of installations for games created with the Unity engine once they exceed...
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The 'Most Popular Prediction' About Stocks Going Into 2023 Has Been Very Wrong
Monday, June 12, 2023 - 3:26pm | 1627The S&P 500 has spent most of the first half up. (Source: Yahoo Finance) Stocks closed higher last week with the S&P 500 climbing 0.4%. The index is now up 12% year to date, up 20.2% from its October 12 closing low of 3,577.03, and down 10.4% from its January 3, 2022 record closing...
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Investors Should Buy These 6 Stocks To Take Advantage Of The AI Revolution, Says Defiance ETFs CEO
Sunday, May 14, 2023 - 3:07pm | 636Artificial intelligence has revolutionized many industries in recent years, and it's an emerging technology that investors should be paying attention to while trading in the stock market. In an interview with Insider published on Saturday, Sylvia Jablonski,...
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Cannabis MSOs Using Tax Liability Loopholes To Fund Operations, Which Ones Top This Analyst's List?
Thursday, January 5, 2023 - 7:48pm | 591Federal prohibition makes it difficult for a cannabis business to operate fair and square. Not only is it depriving them from access to the financial system, but it also denies them the right to any U.S. federal income tax deduction for ordinary and necessary business expenses, despite being...
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Here's Why Fund Managers Are Turning Bullish On Chinese Stocks For 2023
Sunday, December 11, 2022 - 12:11pm | 471China relaxed some of its COVID-19 restrictions last week, following a public backlash to the country's rigorous "zero-COVID" policy. As COVID rules are easing, fund managers are now bullish on Chinese stocks for 2023 and predict a rally for the equities, reports ...
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Aurora Shares Plunge On Q4 Earnings Report But This Analyst Sees Better Days Ahead, Here's Why
Wednesday, September 21, 2022 - 10:40am | 493Aurora Cannabis Inc. (NASDAQ: ACB) reported its financial and operational results for the fourth quarter and fiscal year ending June 30, 2022, on Tuesday, revealing a net revenue of $50.2 million compared to the previous quarter's total cannabis net revenue of $50.4 million. Medical cannabis...
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Why Tilray Shares Are Trading Higher Today
Friday, September 2, 2022 - 7:49am | 324Tilray Brands, Inc. (NASDAQ: TLRY) entered into an agreement with its joint venture partner Double Diamond Holdings Ltd. to acquire two promissory notes worth $8.46 million and $30.9 million, reported Seeking Alpha. The total sum of over $39 million will be payable by Ontario-based Aphria...
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Are Nasdaq-Traded Colombian Cannabis Stocks Worth Buying? Yes And No, Says Analyst
Monday, August 1, 2022 - 10:42am | 742Cantor Fitzgerald's analyst Pablo Zuanic initiated coverage on two cannabis companies on Monday: Flora Growth Corp. (NASDAQ: FLGC) and Clever Leaves Holdings Inc (NASDAQ: CLVR). Flora Growth The analyst initiated coverage of Flora's stock with a Neutral rating and a 12-month price...
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This Analyst Expects Stabilization Across Canadian Cannabis Market, Revises Sales Estimates For Cannabis LPs
Thursday, July 21, 2022 - 9:38am | 748The Canadian cannabis industry has become a competitive field over the past few years, which doesn’t come as a surprise considering its exponential growth over the same period. To capture the market share, cannabis companies have been slashing the prices of their products, which had a...
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Acreage Holdings Is An Arbitrage Play, This Analyst Explains Why
Thursday, May 19, 2022 - 2:32pm | 429Acreage Holdings, Inc (OTC: ACRDF) recently posted its financial results for the first quarter ended March 31, 2022. CEO Peter Caldini said the company “achieved our fifth consecutive quarter of positive Adjusted EBITDA and sequentially improved our gross margin while continuing to grow...
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EXCLUSIVE: Do Your Homework, Recognize Unfavorable Trading Conditions; Leif Soreide At 2022 FinTwit Conference
Sunday, May 15, 2022 - 9:46am | 760Trading is simple, but it’s not easy, and requires a lot of work. Preparation for tomorrow’s trading session begins at today’s close. The more work you put in after the close, the less thinking you will have to do after the open, Leif Soreide, Momentum/Breakout Stock Trader...
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EXCLUSIVE: Crypto Is The Best Performing Asset 10 Years Running; Nic Chahine At Benzinga 2022 FinTwit Conference
Saturday, May 14, 2022 - 4:39pm | 525Bitcoin (CRYPTO: BTC) should go above $34,000 in the next couple of days, and if it fails, don't be surprised to see it at $20,000 or $19,000. It's not a bad thing, and don't make fun of it, find an opportunity. This is what Nic Chahine, Chief Options Strategist and Benzinga Options...
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This Cannabis MSO Stock Is Attractively Valued & Well Positioned To Capitalize On Market Opportunities, Analyst Explains Why
Friday, May 13, 2022 - 2:41pm | 515Trulieve Cannabis Corp. (OTCQX: TCNNF) (CSE:TRUL) reported its financial results for the first quarter on Thursday. Kim Rivers, Trulieve's CEO, said that the Tallahassee, Florida-based company is "off to a great start in 2022." The company delivered yet another record...