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Markets Finish Lower Following Wednesday's Intense Sell-Off
2022 May 19, 4:32pm | 552U.S. indices finished Thursday's trading session lower. Worse-than-expected retail earnings and anticipation of further Federal Reserve policy tightening in 2022 have continued to weigh on stocks across sectors. The Nasdaq composite finished lower by 0.26% to 11,388; The Invesco...
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Markets Finish Sharply Lower Amid Weak Retail Earnings; Dow Suffers Worst Decline Since June 2020
2022 May 18, 4:11pm | 505U.S. indices traded sharply lower Wednesday following worse-than-expected retail earnings this week. Anticipation of further Fed policy tightening has continued to weigh on stocks across sectors. The Nasdaq composite finished lower by 4.7% to 11,418.15; The Invesco QQQ Trust Series...
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DEA-Endorsed Cannabis Grower Makes History As First 'Plant-Touching' Firm On NASDAQ, Shares Soared
2022 May 17, 7:10pm | 598Bright Green Corporation (NASDAQ: BGXX), one of the very few companies selected by the US government to grow, manufacture and sell cannabis and cannabis-related research products, went public on the NASDAQ Tuesday, becoming the first U.S. plant-touching company to list on a...
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Markets Rise Again On Tuesday, Finish Near Session Highs
2022 May 17, 4:11pm | 428U.S. indices finished higher again Tuesday as stocks continued to rebound from recent weakness. Stocks have experienced volatility this year amid Federal Reserve policy tightening measures. The Nasdaq composite finished higher by 2.62% to 12,564; The Invesco QQQ Trust Series 1 (NASDAQ: QQQ)...
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Schwazze Q1 Revenue Up 20% Sequentially To $31.8M, Retail Sales Increased 124% To $26.5M
2022 May 16, 7:37pm | 741Schwazze, (OTCQX: SHWZ) (NEO: HWZ) announced financial results for the first quarter ended March 31, 2022. Q1 2022 Financial Summary: Revenues of $31.8 million grew 64% compared to $19.3 million in first quarter ended March 31, 2021 (Q1 2021)...
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TILT Holdings Q1 Revenue Down 22% Sequentially To $42.4M, $55 Million In Leaseback Transaction
2022 May 16, 7:04pm | 590TILT Holdings Inc. (NEO: NEO) (OTCQX: TLLTF) reported its financial and operating results for the three months ended March 31, 2022. "As discussed on our March 30th earnings call, during the first quarter we experienced the effects of inflationary pressure on...
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InterCure Begins 2022 With Record-Breaking Q1 Financial Results, Up 9% Sequentially From Prior Quarter
2022 May 16, 6:40pm | 638InterCure (NASDAQ: INCR) released its financial results for the first quarter of 2022 and provided shareholders with a business update. All amounts are expressed in Canadian dollars or New Israeli Shekels (NIS) unless otherwise noted. First Quarter 2022 and Recent ...
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Charlotte's Web Delivers Operating Improvements On Lower Revenue In First Quarter 2022
2022 May 16, 6:17pm | 776Charlotte's Web Holdings, Inc. (TSX: CWEB) (OTCQX: CWBHF) reported financial results for the first quarter ended March 31, 2022. "While our e-commerce traffic was lower compared to prior periods, subscriptions more than doubled since Q1-2021. With e-commerce revenue down...
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BuzzFeed Q1 Earnings Highlights: Revenue Miss, Time Spent By Users Declines, Guidance And More
2022 May 16, 4:59pm | 349Digital media company BuzzFeed (NASDAQ: BZFD) reported first quarter financial results after market close Monday. Here are the key highlights for investors. What Happened: BuzzFeed generated revenue of $92 million in the first quarter, up 26% year-over-year. The total came in shy of a consensus...
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Take-Two Q4 Earnings Highlights: Revenue Beat, Strong Digital Sales, Guidance And More
2022 May 16, 4:41pm | 522Take-Two Interactive Software (NASDAQ: TTWO) reported fourth quarter and full fiscal year earnings results. Here are the key highlights for investors. What Happened: The video game company reported fourth-quarter revenue of $930 million, beating a consensus estimate of $882.1 million,...
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Tesla, Twitter Lead S&P 500 Lower To Start The Trading Week
2022 May 16, 4:12pm | 522U.S. indices traded lower Monday as stocks pulled back following Friday's rebound. Stocks have experienced ongoing volatility this year amid Federal Reserve policy tightening measures. The Nasdaq composite finished lower by 1.20% to 11,662; The Invesco QQQ Trust Series 1 (NASDAQ: QQQ)...
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Markets Finish Sharply Higher Amid Ongoing Macro Concerns
2022 May 13, 4:07pm | 543U.S. indices traded sharply higher Friday following recent weakness. Markets were highly volatile this week, selling off following the April CPI report, which showed worse-than-expected inflation. The headline CPI rose 8.3% in April, down slightly from 8.5% in March but above economist...
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Robinhood Shares Surge On Investment From FTX Founder Sam Bankman-Fried
2022 May 12, 4:57pm | 563Robinhood Markets (NASDAQ: HOOD) shares are jumping higher in after-hours trading Thursday. What Happened: A new 13D filing from Robinhood shows that Emergent Fidelity Technologies and Sam Bankman-Fried own 56,273,469 shares of Robinhood. The position represents a 7.6% ownership stake in the...
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Markets Pare Intraday Losses, Still Finish Marginally Lower
2022 May 12, 4:18pm | 476U.S. indices traded lower Thursday as stocks experienced continued volatility amid concerns over rising interest rates and inflation. U.S. inflation data came in higher-than-expected Wednesday. The headline CPI rose 8.3% in April, down slightly from 8.5% in March but above economist estimates...
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Disney Q2 Earnings Highlights: Parks Segment Up 110%, Disney+ Hits 137.7M Subs And More
2022 May 11, 4:44pm | 627Walt Disney Co (NYSE: DIS) reported second-quarter financial results after the market close Wednesday. Here are the key highlights. What Happened: Disney reported revenue of $19.3 billion for the second quarter, which beat a consensus estimate of $18.9 billion, according to data from...