3rdPartyFeeds

Which Company Will Become Profitable First: Canopy Growth or Aurora Cannabis?

Canadian cannabis companies Aurora Cannabis (NASDAQ: ACB) and Canopy Growth (NASDAQ: CGC) have been rivals even before the recreational market in Canada opened in 2018. The companies have shifted their focus toward profitability to give investors something positive to rally around. Canopy Growth to be profitable by next year? Read More...

MarketWatch

Why stocks scored a historic bounce after another hot inflation report

Stock-market investors can be forgiven for feeling a little dizzy after a day that saw stocks plunge in reaction to another round of hotter-than-expected inflation data only to surge higher and extend gains into the closing bell. “While I certainly wouldn’t classify this morning’s flush capitulatory, the stock market is dealing with disappointing inflation reports a lot better than a short time ago,” said Mark Arbeter, president of Arbeter Investments LLC, in note. The Dow Jones Industrial Average (DJIA) fell just shy of 550 points, or 1.88%, but ended the day up 827.87 points, or 2.8%, at 30,038.72.

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