Skip to content
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On......
The United States has imposed restrictions on exports to China's biggest chip maker SMIC after concluding there is an "unacceptable risk" equipment supplied to it could be used for military purposes. Suppliers of certain equipment to Semiconductor Manufacturing International Corporation will now have to apply for individual export licenses, according to a letter from the Commerce Department dated Friday and seen by Reuters. The latest move marks a shift in U.S. policy from earlier this year, when applicants seeking “military end user” licenses to sell to SMIC were told by the Commerce Department that the licenses weren't necessary, according to three people familiar with the matter....
This was a tough week for cannabis stocks, with all ETFs down driven by disappointing earnings reports.Over the five trading days of the week: * The ETFMG Alternative Harvest ETF (NYSE: MJ): lost 6.8% * The AdvisorShares Pure Cannabis ETF (NYSE: YOLO): was down 7% * The Cannabis ETF (NYSE: THCX): was down 9% * The Amplify Seymour Cannabis ETF (NYSE: CNBS): tumbled 3.8% * The SPDR S&P 500 ETF Trust (NYSE: SPY) was down 0.4%.The news was dominated by Aurora Cannabis Inc. (NYSE: ACB)'s fourth-quarter earnings report. The Edmonton, Canada-based company said it lost more than CA$3.3 billion ($2.5 billion) in the fiscal year closing Tuesday.Total net revenue of CA$72.1 million ($54.1 million) signified a 5% drop from the previous quarter. Net revenue for consumer cannabis in the recreational market was CA$35.3 million ($26.7 million) dropping 9% from the previous quarter. Medical cannabis net revenue was $32.2 million ($24.2 million),...
Jeff Shealy became the CEO of Akoustis Technologies, Inc. (NASDAQ:AKTS) in 2015, and we think it's a good time to look......
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility......
As you might know, Costco Wholesale Corporation (NASDAQ:COST) recently reported its full-year numbers. Costco......
The former editor-in-chief of Time Inc. explains why the stock market continues to thrive in spite of all the apocalyptic events unfolding in the U.S. on an hourly basis....
