Latest Market News
Shares of Novavax Inc. NVAX, -0.43% rallied 1.9% in morning trading Wednesday, after the biotechnology company said its protein-based COVID-19 vaccine booster was granted emergency use authorization (EUA) for adults. The booster shot is OK’d for people at least 18 years old who have completed primary vaccinations. The company said in trials, any local and […]
Green Organic Dutchman Holdings Ltd. TGODF, +26.00% TGOD, +21.43% said Wednesday it will merge with BZAM Cannabis in a deal to create the sixth-largest licensed Canadian cannabis producer. Privately owned BZAM Cannabis has one shareholder, who will own 49.5% of the combined company once the deal closes. BZAM CEO Matt Milich and Jordan Winnett, BZAM’s […]
The Energy Information Administration on Wednesday reported that U.S. crude inventories fell by 1.7 million barrels for the week ended Oct. 14. On average, analysts forecasted a decrease of 1.2 million barrels, according to a poll conducted by S&P Global Commodity Insights. The EIA also showed a weekly inventory decline of 100,000 barrels for gasoline, […]
Intuitive Surgical Inc. ISRG, +10.96% shares rallied Wednesday after the surgical robotics company’s quarterly results topped Wall Street estimates. Intuitive Surgical shares rose more than 12% to an intraday high of $220.98 Wednesday Late Tuesday, the company reported third-quarter net income of $324 million, or 90 cents a share, compared with $380.5 million, or $1.04 […]
A group of Justice Department prosecutors believes there is sufficient evidence to charge former President Donald Trump with obstruction of justice, but the team that’s part of the classified records probe has not yet made a formal recommendation to Attorney General Merrick Garland, according to a Bloomberg report citing unnamed sources. There are several other investigations […]
Oklahoma Governor Kevin Stitt said Tuesday that State Question 820 to legalize adult-use cannabis will go before voters in a special election on on March 7. The referendum includes the introduction of a 15% excise tax on recreational use sales, above applicable sales taxes, to fund implementation of the law. Any surplus revenue will go […]