News

Standard Lithium Activates Cutting-Edge Plant, Paves Way For Cleaner Mining
Nigeria Cracks Down On Dormant Mining Titles To Stop 'License Racketeering'
Bitcoin Could Drop To These Two Levels If It Falls Below $63,300, Warns Technical Analyst
Nigeria Cracks Down On Dormant Mining Titles To Stop 'License Racketeering'
Bitcoin Could Drop To These Two Levels If It Falls Below $63,300, Warns Technical Analyst
Lockheed Martin Set For Lift-Off: Is A Golden Cross On The Horizon?
Intel Spinoff Mobileye Revenue Falls Amid Supply Chain Reset, CEO Optimistic About Recovery

Recent News

Plug Power Down 4% Thursday - What's Going On?
Plug Power shares dip 4% as the company announces new contracts for electrolyzer projects in Europe and the U.S., despite robust BEDP portfolio growth.
ASE Technology Falls Short Of Revenue Goals, Delivers Mixed Q1 Results
ASE Technology reported net revenue growth of 1.5% Y/Y and decline of 17.3% Q/Q. Gross margin increased and diluted EPS missed consensus. Stock up 44% in 12 months.
XPeng Fears Tariff Hike In Europe, Reportedly Considers Investing Abroad
As the European Commission investigates Chinese EVs, XPeng weighs overseas production options amidst regulatory adjustments. Brian Gu, co-president of Volkswagen-backed XPeng, reports potential shifts in strategy amid evolving regulations. With eyes on a 10% international sales boost, XPeng targets US market entry despite challenges.
Royal Caribbean Cruises Through Q1 As Demand And Pricing Remains High
Royal Caribbean saw Q1 passenger ticket revenue reach $2.54 billion, a 34% year-over-year increase versus Q1 2023.
Honda's Bet On Canadian EV Hub: Reportedly Plans $11B Investment
Honda Motor reportedly announces a groundbreaking $11 billion investment to pioneer electric vehicle manufacturing in Canada. Collaborating with Canadian authorities, this strategic move signifies Honda's commitment to meeting the rising demand for electric vehicles in North America. The decision underscores a significant milestone for Canada's emergence as a pivotal player in the regional electric vehicle market.
Cannabis Brands On The Rise: Where To Find Them And How Large Is Their Footprint?
Certain cannabis brands are making significant strides in terms of growth and popularity. But, what are these brands experiencing strong growth? and, where can these be found? Utilizing tools like Headset's Cannabis Brand Explorer, stakeholders can navigate market data with precision, analyzing and comparing cannabis brands across various dimensions.
Southwest Airlines' Record Passenger Numbers Overshadowed By Q1 Earnings Slump And Boeing Setbacks
Southwest Airlines reports Q1 results with revenue increase of 10.9%, missing consensus. Adjusted EPS down, operating loss $377M. Facing challenges with Boeing delivery delays.
Here's Where To Buy The Most Affordable High-Quality Cannabis, New Analysis Finds
Grown Rogue Boosts Ownership Of Michigan Cannabis Operations
Grown Rogue International Inc. has increased ownership in its Michigan operations from 52.2% to 80% via two transactions valued at $2.8 million. The purchase price included $200,000 paid in cash and $2.6 million paid by way of four-year sellers' notes, the company said on Thursday. Grown Rogue boosted its ownership in Golden Harvests, LLC, the entity that controls its Michigan operations, operating out of an 80,000 sq ft facility containing roughly 15,000 sq ft of flowering bench space.
Struggle For Hertz Continues As Stock Loses 23% - Here's Why
Hertz Global Holdings faces a dip in shares post-reporting a 1.6% sales uptick to $2.04 billion in Q1 FY24, slightly exceeding forecasts. Despite a 10% rise in average rentable vehicles, challenges persist with a 7% decline in total revenue per day (RPD). CEO Gil West attributes the performance setback to fleet and direct operating costs, highlighting areas for potential improvement.
Why Tractor Supply Company Shares Are Falling After Q1 Earnings
Tractor Supply Company shares decline despite beating Q1 earnings expectations, as slowing comparable store sales growth and cautious FY24 outlook weigh on investor sentiment.
World's Largest Construction Equipment Manufacturer Caterpillar's Stock Tumbles, Sees Weak Economic Conditions In Europe To Continue
Caterpillar reported Q1 fiscal 2024 revenue of $15.8B, down 0.4% YoY and missing consensus. Adjusted earnings of $5.60 per share beat consensus. Sales dropped due to reduced equipment sales and adverse currency impacts.
Sanofi Reports Strong Earnings, Joins Kirby, Sonic Automotive, Union Pacific And Other Big Stocks Moving Higher On Thursday
NBA All-Star Rudy Gobert Becomes Brand Ambassador For Cannabis Company LEEF Brands, Supporting Children's Charity
Cannabis Edibles Maker Indiva Reports Record Revenue In 2023, Positive EBITDA And Income From Q4 Operations
Canadian cannabis edibles producer Indiva Limited announced on Thursday its financial and operating results for the fourth quarter and fiscal year ended Dec. 31, 2023. For the fourth quarter, the company reported a 53.3% increase year-over-year increase in gross profit before inventory write-down to CA$4.2 million (roughly $3 million). Gross margin before inventory write-down improved to a record 38.5% of net revenue, versus 37.1% in the prior quarter and 29.3% in the prior year's period. Indiva attributed the improvement in gross margin percentage year over year to higher sales, improved operating efficiencies and a positive mix shift toward higher-margin products.

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