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AYR Wellness' Q1 Financials Reveal 94% Reduction In Net Loss
Article By: Lorimer Wilson
Wednesday, May 15, 2024 5:06 PM EDT
First quarter results reflect continued progress with modest sequential revenue growth, adjusted EBITDA margins in line with long-term targets of 25% and positive free cash flow for the period.
In this article: AYRWF
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All Cresco Labs' QI Financial Metrics Down Except SG&A
Article By: Lorimer Wilson
Wednesday, May 15, 2024 12:51 PM EDT
Despite the poor Q1 financial report Cresco's stock price is UP 2.5% as of mid-day but is still DOWN 1.9% from last Friday albeit UP 52.6% YTD.
In this article: CRLBF
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Cisco Systems Inc.To Report Q3 After Market Close, What To Expect
Article By: The Tokenist
Wednesday, May 15, 2024 10:05 AM EDT
Cisco to release Q3 earnings on May 15; analysts expect lower EPS and revenue amid focus on key business segments, acquisitions, and future outlook.
In this article: CSCO
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GameStop Frenzy Reignites
Article By: Warrior Trading
Wednesday, May 15, 2024 7:49 AM EDT
GME shot up by 69% before peaking at over a 100% gain. Seeing this unfold brought back memories of the 2021 short squeeze. But what’s driving this sudden spike, and how should day traders approach it? Let’s dive into the blog and talk about it!
In this article: GME
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Eurozone Industrial Production Increases In March
Article By: ING Economics
Wednesday, May 15, 2024 7:38 AM EDT
The 0.6% month-on-month increase was strongly driven by a jump in the notoriously volatile Irish production figure. Production seems to be tentatively bottoming out at the moment, with a modest recovery expected in the second half of the year.
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Samsung Plans To Invest 1 Billion Dollars In Vietnam
Article By: EqualOcean
Wednesday, May 15, 2024 4:54 AM EDT
Recently, Samsung Electronics announced that it will significantly increase the size of its annual investment in Vietnam, with plans to boost investment by up to $1 billion.
In this article: SSNLF
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Organigram Q2 Financial Metrics Mixed
Article By: Lorimer Wilson
Tuesday, May 14, 2024 2:00 PM EDT
Of the top 3 licensed producers in Canada Organigram is the only one with significant cash, negligible debt, and sizeable funds earmarked for strategic international investment.
In this article: OGI
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Tuesday Talk: Market Stays Steady
Article By: David Marshall
Tuesday, May 14, 2024 5:01 AM EDT
With turmoil in the Kremlin and no movement towards a ceasefire in the Middle East the market maintained a steady course on Monday, ahead of data dumps later in the week.
In this article: GME, BABA, AMC, FUTU Also: INTC, TSLA, UBER, SPY
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Alibaba And The 23-Month Moving Average
Article By: Michele Schneider
Monday, May 13, 2024 11:30 PM EDT
For fiscal 2024, Alibaba’s EPS is estimated to be $8.63 vs. year-ago $7.64 on a 7.1% Y/Y growth in revenues to $130.2 billion. Analysts say that BABA stock has a conservative upside potential of 30% upside.
In this article: BABA
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A Virtually Stressless P&G Trade
Article By: TheoTrade
Monday, May 13, 2024 11:10 PM EDT
P&G’s volumes are down, and they’re not gaining traction and market share. Inflation is squeezing folk to death! Shelling out a premium price for toothpaste is rough sledding.
In this article: PG
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The Problem With Electric Vehicles
Article By: Dean Baker
Monday, May 13, 2024 8:57 AM EDT
For the last quarter century, those of us hoping we could slow global warming were anxious to see a quick conversion to electric vehicles (EVs). If we could get most people using electric vehicles, we could radically reduce greenhouse gas emissions.
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Warner Bros. Discovery Posts $9.96 Billion In Q1 Revenues, Missing Estimates Amid Strategic Shifts
Article By: ValueWalk
Monday, May 13, 2024 7:56 AM EDT
WB Discovery had a number of challenges in the first quarter and failed to meet its anticipated sales and earnings targets. The company announced a $0.40 per share loss on $9.96 billion in revenues, which was less than the predicted $10.231 billion.
In this article: WBD
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EU Set To Issue New Antitrust Charges Against Microsoft Over Teams App
Article By: Invezz
Monday, May 13, 2024 7:23 AM EDT
The European Union is poised to bring fresh antitrust charges against Microsoft Corporation, with concerns centered around the tech giant’s videoconferencing app, Teams, according to a report from the Financial Times on Monday.
In this article: MSFT
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“I See No ‘Stag’ Nor ‘Flation.” J Powell
Article By: Michele Schneider
Monday, May 13, 2024 5:12 AM EDT
Stagflation-Last week Jerome Powell said he sees neither a chance of stagnation nor inflation. Charles Payne asked me about why I call this the new “transitory.” I begin with Shakespeare- “…Doth protest too much.”
In this article: IYT, SPY, XRT, SYM
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Cronos Q1 Financial Metrics Show Improvement; Stock Climbs 3%
Article By: Lorimer Wilson
Sunday, May 12, 2024 6:39 PM EDT
Cronos Group's stock price was up 25.4% in Q1 (January, February, March), rose 8.8% between then and the release of the Q1 report on May 9th, before slipping by 2.8% the following day. The stock is now up 32.5% YTD.
In this article: CRON
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Canadian Cannabis LPs Portfolio Went Down 7% Last Week
Article By: Lorimer Wilson
Sunday, May 12, 2024 8:05 AM EDT
It appears to be déjà vu all over again! The Canadian Cannabis LPs Portfolio has dropped by 30.5% since April 30th as a result of the 6.9% decline in the Portfolio last week.
In this article: CGC, CRON, TLRY, ACB, OGI
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