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Intel Spinoff Mobileye Revenue Falls Amid Supply Chain Reset, CEO Optimistic About Recovery
Check Point Software's Products and Licenses Revenue Falls In Q1, Stock Slides
Maxine Waters Says 'Stablecoin Bill In The Short Run' Coming
Check Point Software's Products and Licenses Revenue Falls In Q1, Stock Slides
Maxine Waters Says 'Stablecoin Bill In The Short Run' Coming
'Shiba Inu Killer' Dogwifhat Down 17%, But Traders See WIF As 'The Reason The Meme Super Cycle Thesis Exists'
Morgan Stanley Considers Broader Bitcoin ETF Sales Through Broker Network

Recent News

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.
Addiction Treatment Company, Indivior, Reports 12% YoY Growth For First Quarter Led By Sublocade Sales
Bitcoin's 'Complacency Bounce' Could Precede 'Another 10%-20% Drop Soon,' Say Veteran Traders
Bitcoin (CRYPTO: BTC) is currently struggling to breach certain resistance levels to reach fresh highs, with analysts and traders expressing little optimism about its future performance.
Cannabis Companies' Gains - U.S. Versus Canada: Averages Can Be Deceiving, Irrational Market Behavior To Blame?
Recent insights from Viridian Capital Advisors shed light on the bewildering trends in cannabis stocks. Year-to-date (YTD) data indicates that U.S. multi-state operators (MSOs) and Canadian licensed producers (LPs) have experienced drastically different fates. At a glance, U.S. MSOs show an average return of 26.4%, towering over Canadian LPs' modest 1.3%.
Canadian Cannabis Concentrates Producer, Adastra, Reports Third Year Of Record Revenue, But Also Higher Losses
Dow Dips Over 500 Points; US GDP Growth Misses Expectations
Drugmaker Sanofi's Strong Dupixent And Beyfortus Vaccine Sales Propel Q1 Earnings
Sanofi reports Q1 operating income at 2.8 billion euros, down 14.7%. Beat consensus EPS at $0.97. Sales reach $11.36 billion, led by Dupixent's 24.9% surge. Vaccine sales up 5.6%. Expecting Dupixent to hit €13 billion in 2024 sales. Blockbuster ambitions for Beyfortus.
What's Going On With Harley-Davidson Shares After Q1 Results?
Harley-Davidson shares dip despite beating Q1 earnings and revenue estimates, citing planned motorcycle shipment decrease.
Microsoft Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Bitcoin Falls Below $64,000 Following GDP, Jobless Claims Data; Nervos Network Becomes Top Loser
Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices falling below the key $64,000 level on Thursday. Ethereum (CRYPTO: ETH) also recorded losses, trading below the key $3,200 mark this morning.
Jim Simons, A Math Professor, Became One Of The Most Successful Investors Of All Time — Now He Shares His Formula For Making Billions
Jim Simons is a math professor who beat Warren Buffett, delivering 276 times returns with Medallion Fund compared to Berkshire Hathaway.
What's Going On With Microsoft Stock Thursday?
Microsoft is set to report financial results for its fiscal third quarter after the market close on Thursday. The company is expected to report earnings of $2.82 per share and revenue of $60.804 billion, according to estimates from Benzinga Pro.
Why Chipotle Stock Is Cooking Thursday
Chipotle said first-quarter revenue increased 14.1% year-over-year to $2.702 billion, which beat the consensus estimate of $2.675 billion, according to Benzinga Pro. The fast-casual restaurant chain company reported adjusted earnings of $13.37 per share, which beat analyst estimates of $11.68 per share.
Why Beverage Company Keurig Dr Pepper's Shares Are Surging Today
Keurig Dr Pepper impresses investors with a 3.5% year-on-year sales surge to $3.47 billion in Q1 FY24, outperforming analyst predictions. Notably, U.S. Refreshment Beverages lead the growth trajectory with a 4.3% rise to $2.1 billion.

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