Acquisitions further Trulieve’s mission of being the leading customer-focused cannabis brand in the United StatesTALLAHASSEE, FL, Sept. 16, 2020 /CNW/ – Trulieve Cannabis Corp. …read more […]
(Bloomberg) — The White House strongly signaled Wednesday that it is willing to increase its pandemic-relief offer in talks with Democrats and that Senate Republicans should go along in order to seal a stimulus deal in the next week to 10 days.Chief of Staff Mark Meadows said President Donald Trump is open to the compromise $1.5 trillion stimulus proposal from a bipartisan group of House lawmakers that was an effort to break a months-long deadlock over bolstering the U.S. economy amid the pandemic.The long-shot plan from a 50-member group of House Democrats and Republicans has a bigger total spending figure …read more […]
Vaxart (VXRT) began the week with a monster Monday session. Shares of the vaccine specialist surged by 47% after the biotech announced it had been given the go ahead from the FDA to commence the Phase 1 clinical trial of its oral COVID-19 vaccine candidate.The study will evaluate the vaccine’s effect on healthy adults between the ages of 18 to 55, examining the safety and reactogenicity of a two-dose regimen.The trial’s commencement couldn’t have come sooner for this high-flying coronavirus stock, as the small cap is significantly behind peers in the development of its COVID-19 vaccine program. However, based on …read more […]
Weekly Yahoo Finance tech commentary and analysis plus highlight of top industry news and features. …read more […]
Calendar pages are rapidly falling away to November 3.
And regardless of the presidential election’s outcome, one of the biggest winners that night could be a recession-resistant industry on the rebound.
American cannabis multistate operators (MSOs) have already enjoyed a sizable bounce from their early 2020 lows…
The U.S. Marijuana Index is up 140.7% from its March 18 bottom.
And this could merely be the first leg higher of a much larger rally.
Over the next couple of months, the U.S. cannabis market will be on the cusp of getting even bigger. And this November, election night results could send shares of American pot stocks …read more […]
Kodak shares are skyrocketing after a legal review found that the company did not violate policies in how it awarded stock option grants to its CEO. Yahoo Finance’s Emily McCormick joins Zack Guzman to break down the details. …read more […]
Jared Holz, Healthcare Equity Strategist at Jefferies, weighs in on the latest coronavirus vaccine developments, as President Trump states in an interview that a COVID-19 vaccine may be ready in four weeks. …read more […]
In the biotechnology world, clinical data readouts are make-or-break. Release favorable results, and rewards in the form of sky-high gains could be on tap, but if the data misses the mark, shares could also be catapulted, only in the opposite direction.Cassava Sciences (SAVA) is a prime example of the former. On Monday, the company published the final results from the Phase 2b study of sumifilam (PTI-125), its small molecule drug that targets an altered form of filamin A (FLNA), in mild-moderate Alzheimer’s disease (AD). The data demonstrated statistically significant improvements in biomarkers of disease and cognition. In response, shares rounded …read more […]
(Bloomberg) — With just days to go until President Donald Trump’s ban on TikTok in the U.S. comes into effect, the race is on for the video-sharing app’s Chinese owner, ByteDance Ltd., to win approval for its plan to avoid a shutdown.Technology giant Oracle Corp. has emerged as the Beijing-based company’s chosen partner for a deal, beating out Microsoft Corp. But instead of an outright sale as ordered by Trump, the deal on the table affords Oracle only a minority stake in a company that will continue to be controlled by ByteDance. There’s still much to be decided before the …read more […]
JFrog CEO Shlomi Ben Haim joins Yahoo Finance’s Zack Guzman to break down the software company’s stellar public debut. …read more […]
Timberland could see a sales boost following vice presidential hopeful Kamala Harris wearing a pair. …read more […]
The On the Move panel discuss today’s Stocks on the Move: Eastman Kodak Co. …read more […]
Snowflake (SNOW) is soaring 130% during its first minutes of trading on Wednesday. The stock opened at $245 a share. That’s more than double its IPO price of $120. …read more […]
Operation Warp Speed is gearing up for widespread distribution of a potential vaccine, but top health officials tried to manage expectations for rapid deployment. …read more […]
(Bloomberg) — A group of Republican senators sent a letter to the Trump administration Wednesday outlining their opposition to a proposed deal between Oracle Corp. and ByteDance Ltd. that would allow the Chinese company to maintain majority ownership of TikTok, despite an order by the U.S. president that the popular video app sever its ties to China on national security concerns.The lawmakers are trying to get ahead of a ruling expected this week by the Committee on Foreign Investment in the U.S., or Cfius, on a plan that includes Oracle as a “trusted technology partner.” TikTok sent a proposal to …read more […]
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