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Jefferies analyst Pablo Zuanic said Friday it’s unclear whether New York State’s potential $9 billion legal cannabis market will provide a “significant source of upside” for larger cannabis companies such as Curaleaf Holdings Inc. CURLF, +4.23%, Green Thumb Industries Inc. GTBIF, +9.63% and Columbia Care Inc. CCHWF, +4.59%, which is being acquired by Cresco Labs […]

Shares of Bed Bath & Beyond Inc. BBBY, -2.51% rose 1.6% before market open following the troubled retailer’s announcement that it will hold a conference call Aug. 31 at 8: 15 a.m. Eastern to offer a “business and strategic update.” The meme stock darling announced the investor update after market close on Thursday. “We recognize […]

Some 16 million Americans of working age have long-term COVID and about 2 to 4 million are not working as they struggle with their symptoms, according to a new report from the Brookings Institution. Using data gathered by the Census Bureau in June, the report found the annual cost of lost wages is equal to […]

Shares of Electronic Arts Inc. EA, +1.59% soared 14% in premarket trading on Friday following reports that Amazon.com Inc. AMZN, +2.60% is planning to announce a deal to buy the videogame maker. According to USA Today, which broke the news, rumors have been circling online about a potential acquisition for EA, with Amazon, Apple Inc. […]

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is correcting inside the Triangle pattern. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 1.1835 and then resume moving downwards to reach 1.1565. Another signal in favour of […]

Once again, activity in the BTC is low. On Friday, the major crypto remains at $21,420; it has been moving inside a narrow range the entire week. The BTC isn’t moving away from $21,500. The scenario remains the same – to resume rising, the asset must secure above $22,000. Today’s highlight is an annual symposium […]