Month: February 2021

Tilray (NASDAQ:TLRY) just reported its Q4 and full-year 2020 earnings on Feb. 17. The most important news was that the company finally was able to achieve EBITDA (earnings before interest, taxes, depreciation,and amortization) profitability. This news, along with the upcoming merger with Aphria (NASDAQ:APHA), could push TLRY stock up over the next year. Source: Jarretera
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The logo of U.S. software company Palantir Technologies is seen in Davos, Switzerland Januar 22, 2020. Arnd Wiegmann | Reuters Check out the companies making headlines in midday trading.  Applied Materials — Shares of the chipmaker jumped more than 7% after Applied Materials beat estimates during the fourth quarter and issued upbeat comments for the
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There are two types of dividend stocks: those that increase their annual dividend payments year after year, often referred to as Dividend Aristocrats, and those that grow their annual dividends by double-digit percentages every year.  In early January, Rob Carrick, one of Canada’s best personal finance columnists, wrote an article about dividend stocks that doubled
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The failure of a small hedge fund doesn’t come as a particular surprise to anyone in the financial services industry, but the meltdown of a multi-billion fund certainly attracts most people’s attention. When such a fund loses a staggering amount of money, say 20% or more in a matter of months, and sometimes weeks, the
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Outgoing Federal Reserve Chair Janet Yellen holds a news conference after a two-day Federal Open Market Committee (FOMC) meeting in Washington, U.S. December 13, 2017. Jonathan Ernst | Reuters Treasury Secretary Janet Yellen told CNBC on Thursday that there could be parts of the U.S. stock market in which investors should exercise caution. In an
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The Roku 3 television streaming player menu is shown on a television in Los Angeles, California, U.S., on Thursday, Sept. 12, 2013. Patrick T. Fallon | Bloomberg via Getty Images Check out the companies making headlines after the bell:  Tripadvisor — Shares of the travel-booking company fell 1% in extended trading following a wider-than-expected loss.
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As new drug-resistant novel coronavirus variants have emerged, a painful truth has become increasingly clear: we could be living with endemic Covid-19 for years. Wall Street, however, has been slow to acknowledge this fact. Vaccine maker Novavax (NASDAQ:NVAX) has traded sideways since its U.K. approval in early February. Moreover, NVAX stock fell nearly 10% on Tuesday
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Overall, strong government support has stopped some airlines from going bankrupt. However, the worst is far from over. Although things have been starting to pick back up in travel, it’s no secret that the airline industry is still suffering at the hands of the novel coronavirus pandemic. Transportation Security Administration (TSA) data of daily passenger
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Bill Gates told CNBC the Reddit-fueled trading mania in GameStop and other stocks was reminiscent of betting at a casino and not investing. The billionaire philanthropist and tech entrepreneur’s comments ran Thursday on “Squawk Box,” hours before the House Financial Services Committee holds a hearing on the GameStop short squeeze that was sparked last month.
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A worker wearing a protective mask arranges shopping carts outside a Walmart store in Duarte, California, U.S., on Thursday, Nov. 12, 2020. David Swanson | Bloomberg | Getty Images Check out the companies making headlines in midday trading.  Walmart — Shares of the big box retailer dropped more than 5% after disappointing quarterly earnings. Walmart
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Wall Street has a tough time breaking old habits. Today we’re going to examine the opportunity with energy stocks. Last year, major investors committed to being more Earth friendly and the concept of ESG investing took flight. Global shutdowns gave the environment a big break. Humans drastically reduced the use of fossil fuels. For one
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Already trending higher thanks to improved U.S. pot legalization odds, Tilray (NASDAQ:TLRY) stock popped tremendously on Feb 10. After surging 40.8% on the previous day, the shares surged again, jumping from $42.35 to above $67, before ending the day at $63.91. Source: Jarretera / Shutterstock.com However, while the mania produced high profits for early buyers
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