Latest Market News
Canopy Growth Corp. CGC, +5.01% WEED, +4.60% said Wednesday it agreed on two call options to acquire control of California-based Lemurian Inc., which does business under the name Jetty Extracts. The two companies will continue to operate independently until Canopy exercises its acquisition rights for the cannabis vape technology and extracts company. Canopy Growth pay […]
Deutsche Bank research analyst Brian Bedell on Thursday downgraded Bank of New York Mellon Corp. BK, +0.07% to hold from buy and cut the stock’s price target to $45 a share from $54 a share. Bedell said he views trust banks “somewhat less favorably, as the benefits of higher interest rates may be at least […]
Type: Bullish BounceKey Levels:Resistance: 1679’2Pivot: 1662’2Support: 1650’2Preferred Case:With price bouncing off our Ichimoku cloud , we have a bullish bias that price will rise to our 1st resistance at 1679’2 in line with the swing high resistance from our pivot of 1662’2 in line with the horizontal overlap support and 61.8% Fibonacci retracement .Alternative Scenario:Alternatively, […]
Type: Bullish BounceKey Levels:Resistance: 222.25Pivot: 216.00Support: 210.80Preferred Case:With price bouncing off our Ichimoku cloud , we have a bullish bias that price will rise to our 1st resistance at 222.25 in line with the horizontal pullback resistance from our pivot of 216.00 in line with the horizontal overlap support and 78.60% Fibonacci retracement .Alternative Scenario:Alternatively, […]
The Senate on Thursday approved a $40 billion military and economic-aid package for Ukraine, sending it to President Joe Biden for signature. The 86-11 vote came after earlier approval by the House, and was $7 billion above what Biden had asked for last month. The Senate’s vote came the same day Biden hosted the leaders […]
Shares of RumbleON Inc. RMBL, -4.11% dropped 6.3% toward a 22-month low, in the wake of Harley-Davidson Inc.’s HOG, -9.29% announcement that it was suspending all assembly and shipments for two weeks due to a regulatory compliance matter. Harley-Davidson’s stock sank 8.9%. RumbleON, which is a motor vehicle dealer and ecommerce platform, said in its […]