Despite the growing popularity of cannabis, there's limited information about what the substance can and cannot do. And with marijuana classified as a Schedule 1 substance in the U.S., it's nearly impossible for researchers to conduct studies on it. In Canada, however, pot's leg
Since the beginning of the year, the marijuana sector has underperformed dramatically. The effects of COVID-19, oversupply in Canada, and falling consumer spending are all leading investors to get out of weed stocks en masse, with little regard for long-term outlook.
Cash is simply king during times of high market volatility and deep global economic uncertainty. With the rampant spread of COVID-19, many companies have seen their stock prices plunge due to hardships, while others have seen their shares skyrocket as they work toward developing
The COVID-19 crisis has caused a lot of people to rethink their retirement plans. Specifically, a lot of people are now talking about postponing that milestone and extending their careers. If you were hoping to retire at some point in 2020, you, too, may be considering a change
Energy investors have had an ugly run over the past decade, with the oil industry going through multiple downturns that have destroyed billions in investor value. The ongoing coronavirus pandemic has amplified the struggles, and it's not a stretch to predict that the industry wi
M&T Bank (NYSE: MTB) has not escaped the wrath of the COVID-19 pandemic. The bank's stock price is down 37% this year through Friday's close, hammered by low interest rates and high provision of credit losses. It has been pretty much the same story for most banks during this
The coronavirus pandemic caused major sports leagues to suspend their seasons in March when stay-at-home mandates started in the U.S. The outage was a significant blow to DraftKings (NASDAQ: DKNG), which offers its users contests that award winners based on the outcome of sporti
American workers and senior citizens have been dealt their toughest hands in decades this year. The coronavirus disease 2019 (COVID-19) has ravaged the U.S. economy, sent the unemployment rate to levels not consistently seen in more than eight decades, and cost the lives of near
(RTTNews) - Billionaire Warren Buffett's Berkshire Hathaway Inc. (BRK.A, BRK.B) reported a profit for the second-quarter that increased 87 percent from last year, as the value of its investment portfolio increased with the stock market. But it took about $10 billion write down o
(RTTNews) - Twitter has had preliminary talks with TikTok's Chinese owner ByteDance to buy the U.S. operations of the video-sharing app, the Wall Street Journal reported citing people familiar with the matter. Meanwhile, Microsoft has been the only company so far to say publicly
(RTTNews) - ON Semiconductor Corp. (ON) reported that its second-quarter net loss attributable to the company was $1.4 million or break even per share, compared to net income $101.8 million or $0.24 per share in the prior year.
What happened
Residential real estate stocks soared in July, according to data provided by S&P Global Market Intelligence. These included homebuilders D.R. Horton (NYSE: DHI) and NVR (NYSE: NVR), shares of which rose 19.3% and 20.6%, respectively, and online realtor Zill
Oil and gas investors have had a rough go of it lately, as energy has been the worst-performing sector, falling 45% against the 59% rise of the S&P 500 over the last five years.
What happened
Shares of Franco-Nevada Corp (NYSE: FNV) jumped 14.5% in July, according to data provided by S&P Global Market Intelligence. If surging gold and silver prices have attracted investor attention in the precious metals stock, management's optimism about growth op
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