Stories That Matter

EXCLUSIVE: Former Congressman Ed Perlmutter Predicts 2024 Election Results And Their Impact On Cannabis Reform
Tesla Robotaxi Ambitions Come As Most Americans Grow Wary Of Autonomous Tech
Bitcoin, Ethereum, Dogecoin Trade Lower As China Stimulus Deters Hopes: 'Perspective Is Key, Bitcoin Is Doing Great,' Says Trader
Tesla Robotaxi Ambitions Come As Most Americans Grow Wary Of Autonomous Tech
Bitcoin, Ethereum, Dogecoin Trade Lower As China Stimulus Deters Hopes: 'Perspective Is Key, Bitcoin Is Doing Great,' Says Trader
Stock Of The Day: Will Hurricane Milton Sink Carnival's Stock?
EXCLUSIVE: Tax Changes Could Unlock 'Hundreds Of Millions In Cash Flow' For Cannabis Sector, Experts Predict

Stories That Matter Recent News

Microsoft Stock Nears Death Cross As OpenAI Partnership Weakens: Time To Lock In Gains?
Microsoft is performing well in 2024, but technical indicators and partnership with OpenAI show signs of concern. Time to lock in gains?
Robinhood Eyes Major Growth With New Trading Features, While Coinbase Rides Crypto Surge: Analyst
Piper Sandler analyst Patrick Moley expects strong Q3 performance for exchange and trading companies, with Robinhood and Coinbase seeing revenue increases.
What To Expect When Johnson & Johnson Reports Q3 Earnings Next Week?
Johnson & Johnson discontinues the Phase 3 SunRISe-2 trial for TAR-200 in bladder cancer, citing lack of superiority. Q3 earnings forecasted to hit $22.26 billion with 4.4% growth, as the company eyes early 2025 FDA filing for TAR-200 monotherapy.
PENN Entertainment's Product Enhancements And ESPN Integration Could Spark 2025 Growth, Says Analyst
Analyst reiterated a Buy rating and maintained a price target of $26 following investor day event. The key takeaway is the YoY improvement in PENN's parlay mix, which is boosting hold due to recent product updates.
Stocks Rally As Oil Prices Tumble; Tech, Chipmakers Lead As Traders Focus On AI Winners Before Earnings Season: What's Driving Markets Tuesday?
After starting the week with a negative session, U.S. markets rebounded on Tuesday, driven by falling oil prices, which helped alleviate concerns about a potential resurgence in inflation.
J.P. Morgan Teams Up With GLMX To Supercharge Short-Term Investment Options
Morgan Money, a global trading platform by JPMorgan Chase & Co., partnered with GLMX to provide clients access to diverse short-term investment options.
Netflix To Become 'Default Choice' For TV, Movies? Analyst Predicts More Live Sports, Price Increases
Ahead of Netflix's Q3 results, an analyst predicts price increases coming for streaming plans.
PepsiCo's Higher Productivity Key To Navigating Slower Sales Growth, BofA Analyst Remains Bullish
PepsiCo reports mixed Q3 performance. BoFA analyst notes that the second half of the year typically accounts for over half of total revenue, and the guidance suggests organic growth of -1% to +3% in the fourth quarter.
Nvidia, AMD Lead The Pack, Broadcom Stable, Intel Falters: Analyst's Latest Take
Analyst John Vinh shared mixed findings for semiconductor sector. Revised estimates & price targets for companies. Positive for Nvidia & AMD, negative for Monolithic & Marvell.
FTX To Repay Creditors Up To $16.5B: Is This Bullish For Bitcoin?
A U.S. bankruptcy judge has approved FTX’s plan to repay creditors up to $16.5 billion, marking the end of the exchange’s two-year bankruptcy process and potentially injecting billions back into the crypto ecosystem.
Amazon Stock Downgrade By Wells Fargo: A Bearish Signal On Growth Concerns
Wells Fargo downgrades Amazon stock due to growth concerns and competition from Walmart, technical indicators and market dynamics suggest potential for future declines.
Merck's Mumps Vaccine Controversy: Class-Action Lawsuit Alleges Anticompetitive Behavior, Court Shields From Liability
Merck faces a class-action lawsuit over alleged misrepresentation of its mumps vaccine potency, claiming anticompetitive practices to maintain market dominance. Despite ethical concerns, the court upheld Merck's immunity under the Noerr-Pennington doctrine, emphasizing the complexities of regulatory approval.
September Inflation Preview: Consumer Price Data Holds The Key To Fed's Next Interest Rate Move
September CPI report to shape Fed's next move. Economists predict cooling inflation, but core inflation remains key. Market reactions are high.
CrowdStrike Expands Threat Defense With Strategic Partnerships: Details
CrowdStrike announced partnerships with CardinalOps, Nagomi, and Veriti to enhance threat defense. Their AI-powered tools provide actionable insights to protect against adversaries.
Ares Doubles Down: $3.7B GCP International Buyout To Supercharge Global Real Estate Portfolio
Ares Management to acquire GCP International in $3.7 billion deal. Ares Real Estate to double AUM to $96 billion globally.
Abbott Laboratories Analyst Is Bullish About MedTech, Non-MedTech Growth
Abbott Laboratories' MedTech portfolio currently contributes around 45% of total sales of about $42 billion.
EXCLUSIVE: Ross Gerber Sees 'Tsunami Of Money' Pouring Into Cannabis Companies Upon Federal Legalization, Says Cannabis Is One Of 'Biggest' Opportunities Beyond AI
Ross Gerber, co-founder, president and CEO of Gerber Kawasaki Wealth and Investment Management, sees “massive” investing opportunity in the cannabis space.
Rezolve AI And Microsoft Power Up Retail With Advanced AI: A $30 Trillion Opportunity Unveiled
Rezolve AI's partnership with Microsoft will provide advanced AI solutions for the $30 trillion retail market, aiming for a minimum of $130 million in revenue.
FDA Sparks Controversy With Sudden Removal Of Eli Lilly's Weight Loss Drug From Shortage List
FDA faces legal action after removing Tirzepatide from the shortage list without following required procedures, sparking concerns over patient access to the compounded diabetes and obesity treatment.
Rocket Mortgage Parent Appoints Former Venmo Exec Papanii Okai To Lead AI-Driven Products
Rocket Companies names Venmo CTO Papanii Okai as EVP of Product Engineering. Okai, with over a decade of experience, will boost AI innovation to streamline Rocket's homeownership solutions.
Jim Cramer Says Shopify 'At A Great Level To Buy' As Golden Cross Signals Big Gains Ahead
Jim Cramer reaffirms bullish stance on Shopify (SHOP) after Golden Cross, praises management and stock's strong performance.
What's Going On With Alzheimer's-Focused Cassava Sciences On Tuesday?
Cassava Sciences Inc. has agreed to a $40 million settlement over SEC charges related to misleading data for simufilam. The firm anticipates top-line results from the ReTHINK Phase 3 trial before year-end, while preparing for its larger Phase 3 trial in 2025.
Hurricane Milton Dire Warning: 'If You Choose To Stay ... You're Going To Die,' Officials Encourage Writing Name On Arm In Permanent Marker For ID
Several Florida counties have evacuation orders in place ahead of Hurricane Milton. Government officials have dire warnings for people to follow the order.