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Mostly Tricks, Few Treats For Pot Stocks in 2022

Halloween is prime spooky season, but for most investors, all of 2022 has been quite scary. Stocks across the board have taken substantial hits this year, with cannabis particularly affected. Cannabis' surging pandemic performances have been dashed mostly. Now, Fed uncertainty looms while profitability continues to elude most operators, from MSOs to the ancillary market.

ACB

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EXCLUSIVE: What Is The Biggest Risk To The Markets Right Now? 2 Strategists Weigh In

Stocks advanced on Tuesday as weak economic data suggested that the Federal Reserve's hawkish monetary policy is having an impact and benchmark Treasury yields were falling, which fueled the surge. Tuesday’s moves add to the rallies in previous sessions that have driven the S&P 500 4% higher in the last five trading periods. 

NFLX

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Elon Musk’s Starlink Files For Data Imagery, GPS Location Trademarks: Why This Expert Says They’re ‘Something To Pay Attention To’

Satellite company Starlink has quietly filed new trademarks that could lead to new business ventures for parent company SpaceX. A trademark attorney shared insights with Benzinga on what the filings mean and what could be coming from the Elon Musk-led company.

GOOG