U.S. stocks traded mixed this morning, with the Dow Jones index falling more than 100 points on Friday. Following the market opening Friday, the Dow traded down 0.32% to 40,532.98 while the NASDAQ rose 0.14% to 17,895.95. The S&P 500 also rose, gaining, 0.17% to 5,553.92. Check This Out: Wall Street’s Most Accurate Analysts Weigh […]

Former President Donald Trump warned that the United States must embrace digital currencies to prevent China from dominating the field. What Happened: Once a vocal critic of Bitcoin (CRYPTO: BTC), Trump now advocates for digital currencies to be “made in the USA,” emphasizing the necessity to counter China’s growing influence. His shift aligns with a […]

Cryptocurrency markets are trading up as PPI data has sparked speculation of an interest cut in September. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $57,825.58 +0.6% Ethereum (CRYPTO: ETH) $3,129.43 +0.5% Solana (CRYPTO: SOL) $138.75 +1.2% Dogecoin (CRYPTO: DOGE) $0.1076 +0.4% Shiba Inu (CRYPTO: SHIB) $0.00001644 +0.3% Notable Statistics: IntoTheBlock notes that 83% of Bitcoin […]

IM Cannabis Corp. (NASDAQ:IMCC), a leading medical marijuana company announced that its common shares are trading on a 6:1 post-consolidated basis. This significant change follows the company’s strategic decision to reduce its outstanding shares, potentially making the stock more attractive to institutional investors and improving liquidity. Share Consolidation Impact The recent consolidation reduced the number of […]

The first data recorded from a pilot study on the controlled dispensing of recreational cannabis in the canton of Basel-Landschaft are now available. This study, named the “Grashaus Projects,” is one of seven approved by the Swiss Federal Office of Public Health (FOPH). The primary objective of these pilot projects is to understand the implications […]

Paramount Global (NASDAQ:PARA) shares are trading higher after the company inked a definitive merger deal with Skydance Media to form “New Paramount” at an enterprise value of about $28 billion. The merger offer represents a 48% premium over the price of the Class B stock as of July 1, 2024, and a 28% premium over the […]

Trump Media & Technology Group Corp (NASDAQ:DJT) stock saw redemption on Monday after a Friday’s pullback. The stock plummeted over 10% on Friday following the first U.S. presidential debate, highlighting its notorious volatility on Wall Street. The owner of social networking site Truth Social experienced a 5% jump at the opening bell, only to see […]

In a recent speech at CalTech, Jensen Huang, CEO of NVIDIA Corporation (NASDAQ:NVDA), shed light on the company’s significant investments in deep learning. What Happened: Huang recalled the significant event in 2012 when Jeff Hinton, Alex Krzyzewski, and Ilya Sutskever utilized NVIDIA’s CUDA GPUs to train AlexNet, winning the ImageNet Challenge. This marked the onset […]

Academy Sports And Outdoors Inc (NASDAQ:ASO) reported worse-than-expected first-quarter FY24 earnings on Tuesday. The sports goods retailer reported a first-quarter sales decline of 1.4% year-on-year to $1.36 billion, missing the analyst consensus estimate of $1.38 billion. Comparable sales declined 5.7%. Adjusted EPS of $1.08 missed the analyst consensus estimate of $1.24, according to data from […]