Top Stories Archives - Page 136 of 1424

3 minute read

Weed Industry Celebrates Biden’s Rescheduling Move: ‘Most Monumental Cannabis Reform In Half A Century’

May 16, 3:58 PM

Cannabis companies and advocates applaud President Biden's announcement to reschedule and legalize cannabis, calling it a major leap forward and opportunity to correct long-standing wrongs and improve the industry's cashflow.

ACB

3 minute read

VinFast Auto Surges 30% In 5 Days: Charts Signal Strong Bullish Trend, More Than Just A Short Squeeze

By Surbhi Jain

May 16, 3:53 PM

VinFast Auto (NASDAQ: VFS) saw a 15% jump in share prices after receiving nearly 30,000 pre-orders for its new EV model in under 72 hours, part of a broader trend in heavily shorted stocks.

GME

4 minute read

If You Made $70,000 When Trump Was Elected, You’d Need $90,000 Today To Keep Up

By Natan Ponieman

May 16, 3:39 PM

April inflation reading brings hope for soft landing scenario in US economy; S&P 500, ETFs pricing in Fed rate cuts; purchasing power down since 2017.

SPY

2 minute read

‘The Hat Is Covering The Eyes Of WIF Holders’: Veteran Trader Doubles Down On Meme Coin Bear Thesis

By Khyathi Dalal

May 16, 3:15 PM

Popular crypto trader DonAlt has voiced his bearish outlook on Dogwifhat (CRYPTO: WIF) and the broader meme coin market in a series of tweets, expressi

BTC

2 minute read

David Tepper Bullish On China: Alibaba Now No. 1 Holding, Trimmed Stakes In Nvidia, Microsoft, Amazon, Meta, Google

By Surbhi Jain

May 16, 2:34 PM

David Tepper, billionaire hedge fund manager, bullish on China. Trimmed stakes in U.S. tech giants, added Alibaba, along with other China-based companies.

ADBE

2 minute read

U.S. Presidential Debates Boost MAGA Memecoin, BODEN: ‘Attention Is Starting And Getting Hot,’ Trader Touts

By Khyathi Dalal

May 16, 2:28 PM

As the 2024 U.S. presidential elections heat up, political-themed meme coins are gaining significant traction, drawing attention from both crypto enthusiasts and mainstream audiences.

$BNB

2 minute read

Attention Biotech Investors – Stocks To Watch

By Vandana Singh

May 16, 2:21 PM

RBC's Chris McCarthy discusses biotech investor sentiment at the RBC Global Healthcare Conference. Focused on upcoming binary catalysts, McCarthy highlights Agios Pharmaceuticals, Caribou Biosciences, and Corbus Pharmaceuticals with key 2024 data readouts and trials.

AGIO

2 minute read

Don’t Train AI On Our Content And Artists, Sony Warns AI Companies

By Shivani Kumaresan

May 16, 2:18 PM

Sony Music Group, one of the world's largest record labels, has issued a stark warning to AI companies and music streaming services. Sony prohibits any text or data mining, web scraping, or similar uses of its content for AI training or development. Representing artists like Lil Nas X and Celine Dion, Sony aims to protect intellectual property and ensure rightful compensation, urging over 700 companies to refrain from unauthorized use.

SONY