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This week, Canada became the second country in the world to fully legalize cannabis, allowing adults to consume weed for recreational purposes. Long lines were formed outside dispensaries on Wednesday, and fears of supply shortages materialized to a certain extent. Meanwhile, cannabis stocks were...

The oil market retreated further from multi-year highs this week, with both WTI and Brent crude prices trading lower for a second consecutive week. Here’s a look at the latest key numbers from the oil market and some of the headlines that were moving oil prices this week. Weekly Reports On...

Skechers USA Inc (NYSE: SKX) are soaring higher after reporting a third-quarter earnings beat after the close Thursday. The Manhattan Beach, California-based footwear brand delivered Q3 earnings of 58 cents per share, beating estimates by 6 cents. While the footwear maker missed ...

Shares of mining company Cleveland-Cliffs Inc. (NYSE: CLF) fell as much as 7.37 percent following the company's Q3 earnings release and a public outburst from CEO Lourenco Goncalves. What Happened Earnings of 64 cents missed estimates by 3 cents, while sales of $741.8 million came in about...

American Express Company (NYSE: AXP) reported Thursday a beat-and-raise third quarter earnings. Earnings of $1.88 per share beat estimates by 12 cents, while sales of $10.1 billion came in just ahead of estimates. Here's a summary of how some of the Street's top analysts reacted to the...

The next year will be a critical time for Walt Disney Co (NYSE: DIS) and its investors as the company attempts to make a major pivot to streaming video. While there’s still plenty of uncertainty surrounding Disney’s upcoming streaming service launch, one Wall Street analyst saye the...

Bank Ozk (NASDAQ: OZK) shares plummeted Friday morning after the company reported third-quarter earnings that fell short of market expectations. Several analysts weighed in on the bank stock following the print. Here’s a sampling of what they had to say. Voices From The Street...

PayPal Holdings Inc. (NASDAQ: PYPL) reported third-quarter earnings after the close Thursday, and shares were surging Friday morning in reaction to the print.  The Analysts Credit Suisse analyst Paul Condra set an Outperform rating and $100 price target. Raymond James analyst John...

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened On Oct. 19, 1987, the Dow Jones plunged 22.6 percent for its worst daily drop in history. The day is now known as “Black Monday.” Where Was The Market The S&P 500 closed...

Ford Motor Company (NYSE: F) is down 32.8 percent year-to-date, and Morgan Stanley doesn’t expect things to get any better. The Rating Analysts Adam Jonas and Armintas Sinkevicius downgraded Ford to Equal-Weight and cut their price target from $14 to $10. The Thesis The analysts had upgraded...

Just weeks after holding an event to launch a new lineup of iPhones, Apple Inc. (NASDAQ: AAPL) announced a second product event launch set for Oct. 30. What Happened Apple's event will likely showcase new iPad Pro tablets and a potential update to the Mac computer line, Loup Ventures' Gene...

Here's a roundup of top developments in the biotech space over the last 24 hours. Scaling the Peaks (Biotech stocks hitting 52-week highs on Oct. 18) Endocyte, Inc. (NASDAQ: ECYT)(announced a deal to be bought by Novartis AG (NYSE: NVS) Kezar Life Sciences Inc (NASDAQ: KZR) Proteostasis...

Cannabis has been in the headlines this week after Canada legalized recreational use nationwide on Wednesday. Canaccord Genuity estimates the global marijuana-infused beverage market could be valued at $600 million in the U.S. by 2022. Several beverage companies, including The Coca-Cola Co (NYSE:...

National Economic Council Director Larry Kudlow expressed confidence in the country's economic boom, took jabs at China's trade relationship with the U.S. and offered advice to the Motor City in remarks Thursday to the Detroit Economic Club.  Tax Cuts “It’s only a year into...

The semiconductor trade has run out of gas a bit in 2018, with the Market Vectors Semiconductor ETF (NYSE: SMH) down nearly 1 percent year-to-date. However, NVIDIA Corporation (NASDAQ: NVDA) stock is up another 23.8 percent in 2018, and one analyst says there’s plenty of upside remaining for...