Stocks
"It's a meltdown"
The US stock market is soaring just before the holidays.
Canopy Growth stocks are falling
Canopy Growth Corp. fell sharply to its lowest level since early 2020 on Friday after the cannabis company said it expected slower-than-expected sales growth in the second half of fiscal 2022.
Wall Street with record gains
Major indices ended the week at a record high on Friday after a better-than-expected monthly job report and positive news about Covid-19 treatment on Wall Street sparked a sea of green.
JPMorgan plans to restrict trading in some US cannabis stocks
JPMorgan Chase & Co (JPM.N) has announced to its prime brokerage clients that as of November 8, they will no longer be able to purchase certain US cannabis-related securities, according to a letter viewed by Reuters.
Tesla board members benefit from the stock rally
Ira Ehrenpreis, board member of Tesla Inc., sold more than $ 200 million in shares in the electric car maker on Wednesday after the stock broke the $ 1,000 mark for the first time, records show.
Roche family shareholders should ensure stability
The head of the controlling shareholder group of Roche is "very confident" that the stability of the pharmaceutical company can be preserved after the entry of the next generation of heirs into the family investor pool, he told the NZZ on Sunday.
Raising capital for cannabis stocks hits highs
Capital raising for cannabis is rapidly reaching new highs. Analysis of Crunchbase's data shows cannabis companies are getting bigger and bigger checks from equity funding, and the number of funding rounds appears to be shifting from seed to later-stage …
AMD is ahead of the competition
Advanced Micro Devices (NASDAQ: AMD) shares a 30-day performance of -6.86%. I am still optimistic about AMD.
China Evergrande agrees to sell 20% of the shares
China Evergrande Group (HK: 3333) has agreed to give a 20% stake in Shengjing Bank Co Ltd (HK: 2066) for CNY 10 billion ($ 1.54 billion) to the local government of Shenyang Selling.
Rising bond yields cause Wall Street to collapse
Wall Street stocks closed significantly lower on Tuesday in a broad sell-off triggered by rising US Treasury yields, mounting concerns over sustained inflation and controversial Washington debt ceiling negotiations.