News

A highly anticipated NFT event being held in May announced additional NFT artists, athletes and company executives who will appear at the inaugural event. What Happened: A second round of speakers and entertainers for VeeCon 2022 was announced Friday, Jan. 28. This is the follow-up to a...

Barstool Sports founder Dave Portnoy is no stranger to sharing his stock and cryptocurrency purchases with his followers on Twitter Inc (NYSE: TWTR). On Friday, Portnoy shared a huge purchase of Bitcoin (CRYPTO: BTC). What Happened: Portnoy took to Twitter to share that he bought 29.5169 Bitcoin a...

Being a contrarian in the markets can be dangerous. If your conviction is executed along with a favorable risk-reward ratio, it can be very rewarding. Our co-host Dennis Dick and producer Spencer Israel found a silver lining in Robinhood Markets Inc. (NASDAQ: HOOD) — despite its fourth-...

The Internet rumor mill has been recycling the story that the Grimace, the XL-sized purple being from the McDonald's Corporation (NYSE: MCD) is supposed to be a giant taste bud. The truth, in this case, is more entertaining than fiction. What Happened: The Grimace unexpectedly wound up in the...

The latest pressure from the central banking system of the U.S. caused an outflow of Bitcoin (CRYPTO: BTC). What happened: Coindesk reported around $670 million worth of Bitcoin just left centralized exchanges because of the Federal Reserve, according to the data provided by Glassnode, an...

MGO (Macias Gini and O’Connell LLP), a leader in accounting, tax, audit and advisory solutions for the cannabis and hemp industries has released its 3rd annual “Cannabis 50” list. The list highlights companies, organizations and individuals that positively impacted the...

The new year offers a performance reset for fund managers. Ark Invest's Cathie Wood is surely looking to climb out of the hole her flagship fund, ARK Innovation ETF (ARCA:ARKK), tumbled in 2021, but the Innovation ETF just keeps digging deeper.  ARK's Innovation fund hit a new 52-week...

Litecoin (CRYPTO: LTC) is trading slightly higher Friday as it could be forming a bottom and ready to make a comeback. Litecoin has been on a steady downward trend for the past few months as the crypto market has been moving bearishly. Litecoin was up 3.53% at $108.93 Friday afternoon at...

On January 18th, Democrat Gary Chambers, who is seeking a U.S. Senate seat from Louisiana, released a campaign ad in which he smokes a sizable blunt while sitting in an armchair looking about as chill as someone could possibly look. But Chambers is dead serious about the harms of cannabis...

Below is a recap of the main news related to the cannabis industry and markets for the week of January 24, 2022. Contents Amazon Supports GOP's Legalization Bill New York Relaxes Medical Rules Markets M&A Financings Earnings Reports First Cookies Dispensary In...

The Walt Disney Co (NYSE: DIS) was the worst-performing stock in the Dow Jones Industrial Average last year and it's not showing any signs of improvement so far in 2022. Less than a month into the new year, Disney shares are down nearly 12% year-to-date, but Jim Cramer thinks the...

Visa Inc. (NYSE: V) shares are pushing higher Friday after the company reported better-than-expected first-quarter EPS and sales results. Visa beat estimated earnings by 6.47%, reporting an EPS of $1.81 versus an estimate of $1.7, which did not surprise analysts. Revenue was up $1.37 billion from...

Jefferies analyst Jonathan Petersen initiated coverage of Marathon Digital Holdings Inc (NASDAQ: MARA) with a Buy rating and $51 price target, suggesting an upside of 139%. He sees Marathon Digital being on pace to become the most significant public Bitcoin miner on an EH/s...

One of the largest music publishers is pushing into the metaverse with a partnership with a leading digital land company. Here’s the details and what it could mean in the future. What Happened: Warner Music Group Corp (NASDAQ: WMG) announced a partnership with The Sandbox to create the first...

Growth stocks have fallen out of favor over the last few months amid expectations for tighter Federal Reserve policy. With some stocks having fallen 70% or 80% from their highs, Ritholtz Wealth Management's Josh Brown expects to see more acquisitions in the near term. ...