Day: May 27, 2022

May 27
Trulieve Cannabis CEO buys $202,300 worth of stock

Trulieve Cannabis TCNNF, +3.74% CEO Kim Rivers acquired 14,000 shares of the cannabis company on Tuesday at a price of $14.45 a share for a total purchase value of about $202,300, according to a filing. Rivers now owns just under 2.5 million shares. Trulieve CFO Alex D’Amico acquired 1,500 shares and Trulieve president Steve White […]

May 27
JPMorgan trials blockchain for collateral settlement in after-hours trading

“What we’ve achieved is the friction-less transfer of collateral assets on an instantaneous basis,” stated JPMorgan’s global head of trading services Ben Challice. 1609 Total views 29 Total shares Multinational investment bank JPMorgan Chase & Co is reportedly trialing the use of its own private blockchain for collateral settlements. According to Bloomberg, JPMorgan conducted a […]

May 27
FDA grants priority review to Reata’s rare disease drug

Shares of Reata Pharmaceuticals Inc. RETA, +3.42% were up 2.4% in trading on Thursday after the company said the Food and Drug Administration granted priority review to the company’s experimental treatment for Friedreich’s ataxia, a rare nervous system disease. The regulator is now set to make a decision on omaveloxolone by Nov. 30. “If approved, […]

May 27
EURO FX FUTURES (6E1!), H1 Potential For Bullish Moment

Type: Bullish MomentumKey Levels:Resistance: 1.07570Pivot: 1.06715Support: 1.06155Preferred Case:With the MACD having a bullish momentum and prices breaking the ichimoku cloud , which supports our bullish bias that price will rise from our pivot at 1.06715 in line with overlap support to our 1st resistance at 1.07570 where the 61.8% fibonacci projection and swing high resistance […]

May 27
CRUDE OIL FUTURES (CRUDEOIL1!), H4 Potential for Bullish Momentum

Type: Bullish RiseKey Levels:Resistance: 8840Pivot: 8529Support: 82712nd support: 7791Preferred Case:Price is moving within the ascending trend channel and is moving above the ichimoku cloud which supports our bullish bias that price will rise from the pivot at 8529 at the overlap resistance and is in line with the 23.6% fibonacci retracement and the 61.8% fibonacci […]

May 27
Billionaire Bill Miller calls Bitcoin ‘insurance’ against financial catastrophe

Miller said Bitcoin “functioned without the Fed and without any interference” during times of market turmoil, concluding that “it’s an insurance policy, the way I look at it.” 2872 Total views 69 Total shares Bill Miller the billionaire founder and Chief Investment Officer of investment firm Miller Value Partners, has said he considers Bitcoin (BTC) […]

May 27
Dow books 5th straight day of gains Thursday, stocks finish sharply higher

Stocks closed sharply higher on Thursday, a day after minutes of the Federal Reserve’s meeting in early May signaled a willingness by the central bank to consider pausing rate hikes later this year if the economy shows signs of wobbling. The Dow Jones Industrial Average DJIA, +1.61% added about 518 points, or 1.6%, ending near […]

May 27
Crypto spam increases 4000% in two years: LunarCrush

Would be owner Elon Musk plans to shake the crypto spammers out of Twitter, disputing their claims that fake accounts only account for 5% of the total. 50 Total views 2 Total shares Spam and bots have been the bane of anyone that uses the internet for years, but recently this digital scourge has ramped […]

May 27
Biden to travel Sunday to Uvalde, Texas

President Joe Biden and first lady Jill Biden plan to travel on Sunday to Uvalde, Texas, the White House said Thursday in a news release. The Bidens expect to “grieve with the community that lost twenty-one lives in the horrific elementary school shooting,” the White House said. Source: Marketwatch

May 27
New York Office of Cannabis Management says TikTok won’t run its ads

The New York Office of Cannabis Management on Thursday said TikTok will not allow the use of the word “cannabis” in public education advertisements. The office said it has launched an education campaign on the legalization of adult-use cannabis and the impact of cannabis use on public health and safety. “When we tried advertising on […]