stocks

Influential Economist Mohamed El-Erian highlighted the strong performance of cryptocurrencies and equities in November while emphasizing losses in the gold and oil markets. What Happened: El-Erian, who is the Chief Economic Advisor at Allianz, took to X Saturday to showcase the year-to-date...

Major U.S. indices declined to close lower on Wednesday as the markets headed into the Thanksgiving holiday. Banks, post offices, shipping services, stock markets and all the other over-the-counter markets like bond markets will be closed on Thursday. What Happened: Despite the holiday, Dow Jones...

U.S. stock futures declined in premarket hours as traders digested new appointments for the key cabinet positions by President-elect Donald Trump. Hoards of data are expected to be released today which could give a clearer picture of where interest rates are headed. Futures for the three major U.S...

Amazon.com Inc. stands as a $2 trillion retail giant today, but its survival was in serious jeopardy back in 2001. After the dot-com bubble burst, Amazon's stock plummeted 90%, leading many critics to predict its demise. However, founder Jeff Bezos reversed the company's fortunes with help from a...

AdvisorShares has announced a reverse split for its MSOS Daily Leveraged ETF (NYSE:MSOX), effective November 26, 2024. A reverse split reduces the number of its outstanding shares, increasing the share price proportionally. In this case, the split will be 1-for-20, with every 20 shares of MSOX...

The U.S. heads into another historical election, the outcome of which will have an effect on cannabis stocks. With both major candidates, Donald Trump and Kamala Harris, supporting cannabis reform, investors are closely watching the sector. These past few days, volatility has taken the stage as...

Cannabis stocks are showing signs of recovery, with several major players gaining momentum on Friday. NASDAQ-listed Canopy Growth (NASDAQ:CGC), Aurora Cannabis (NASDAQ:ACB), SNDL (NASDAQ:SNDL) and OrganiGram Holdings (NASDAQ:OGI), among others, are all seeing upward trends in their...

As the U.S. cannabis industry expects significant regulatory changes, AdvisorShares, a leading provider of cannabis-focused Exchange-Traded Funds (ETFs), shared the company’s view regarding the near future. Managing over $1 billion in assets, the company's ETFs offer targeted exposure...

Shares of Corbus Pharmaceuticals (NASDAQ:CRBP) experienced a severe drop on Friday, plummeting almost 60% from $52 to $21, as competitor Novo Nordisk (NYSE:NVO) published trial results for monlunabant, a cannabinoid receptor 1 (CB1) inverse agonist. Novo Nordisk shares also traded down roughly 5.5...

Bitcoin (CRYPTO: BTC) has clocked more trading hours since launch than the U.S. stock market has in the last 53 years, supporters of the leading cryptocurrency claimed. What happened: In an X post on Thursday, Bitcoin advocate Cory Bates posted an infographic with the caption, "Bitcoin is now older...

The stock market is on the brink of a historic sell-off, according to renowned black-swan investor Mark Spitznagel. He has issued a stark warning about the potential collapse of the “greatest bubble in human history.” What Happened: Spitznagel, known for his successful bets on market-...

Sentiment around cryptocurrencies and equities has diverged dramatically over the past month, with the former witnessing a sharp drop while the latter flying to new highs.  Indeed, the 30-day correlation of Bitcoin (CRYPTO: BTC) to the Nasdaq Composite and the S&P 500 has dropped to an 8-...

The disparity between Bitcoin’s performance and the shares of mining companies might offer an intriguing investment opportunity. A recent newsletter from 10x Research, authored by Markus Thielen, suggests that despite recent challenges, the Bitcoin mining industry could be on the brink of...

EMJ Capital’s Eric Jackson has suggested that less-talked-about stocks like Dell Technologies Inc. (NYSE:DELL) and Arm Holdings Plc (NASDAQ:ARM) have a better growth story than industry giants Tesla Inc. (NASDAQ:TSLA) and Apple Inc. (NASDAQ:AAPL). What Happened: Speaking on CNBC’s Last...

CNBC’s “Mad Money” host Jim Cramer urged investors to reflect on the stock market’s performance during the pandemic to gain a deeper understanding of the current economic climate. What Happened: On Thursday, Cramer suggested investors should revisit the pandemic era to...