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Market Measures

Slowing Growth Increases Hopes of a Rate Cut Pivot in Canada

Early reports show Canada's overall economic output (GDP) likely remained flat in March, following February's modest gain of 0.2 percent. This growth fell short of estimates and follows a downward revision of January's expansion. Compared to last ... Read more

Last Updated 5/3/2024 7:00 AM

Company Insight

Re-Classification of Marijuana Sends Shares of Cannabis Operator on a Tear

Yesterday’s news that the Biden administration will soon reclassify marijuana is sending shares of companies that deal with cannabis higher.The cannabis industry has witnessed significant growth globally, with various countries legalizing or ... Read more

Last Updated 5/2/2024 12:06 PM

Company Insight

Shares on the Rise Following Partnership News With Major Potato Chip Brand

This firm focuses on gaming and provides a range of services to leading video game developers, publishers, and brands by providing technology, infrastructure, and fan engagement services internationally. And news of a new partnership is sending ... Read more

Last Updated 5/2/2024 11:20 AM

Company Insight

Dually-Listed Junior Miner Finds Mid-Week Success

It was a big day for a certain junior miner based out of Toronto after the company beat on Non-GAAP EPS and Revenue for the company’s Q1 2024 earnings release.While we typically don’t dive too deep into quarterly financials when it comes to ... Read more

Last Updated 5/1/2024 3:53 PM

Company Insight

Biotech Soars on Research Collaboration And License Agreement Release

A California-based biotech company is turning heads on Wednesday after it announced that it entered into a research collaboration and license agreement with Astellas Pharma’s Xyphos Biosciences subsidiary.Shares of Poseida Therapeutics Inc. ... Read more

Last Updated 5/1/2024 2:25 PM

Company Insight

Cannabis Stocks On The Move Amid DEA Reclassification Indication

Shares of multiple cannabis and cannabis-adjacent companies are rallying strongly during Tuesday’s session following an indication by the DEA that the agency is moving to reclassify marijuana as a less dangerous drug, according to numerous press ... Read more

Last Updated 4/30/2024 3:59 PM

Company Insight

$8 Million Private Placement Announcement Sends Biotech Flying

Usually when a publicly traded company announces some sort of equity offering, it can be viewed as a dilutive event, thus having a negative effect on the company’s price per share. Every now and then, however, a company will raise what seems to ... Read more

Last Updated 4/30/2024 12:51 PM

Company Insight

Major Trading Company Subsidiary Signs Battery Supply Deal

This company focuses on developing solutions for modern transportation and infrastructure, leveraging the expertise and network of the Sumitomo Corporation Group to achieve this goal and shares of this dually-listed company are trading up on a ... Read more

Last Updated 4/29/2024 12:45 PM

Company Insight

Will LOI Send Shares of this Designer of Hydrogen-Fueled Vehicles Higher?

This forward-thinking automaker is dedicated to making a positive impact on the environmental credit market, committing to innovating and sustainably commercializing hydrogen in mobile and stationary sectors. Will news of a joint venture push ... Read more

Last Updated 4/29/2024 10:47 AM

Market Measures

Fed’s Preferred Inflation Measure Cements Higher for Longer

The Federal Reserve’s preferred inflation measure, the Personal Consumption Expenditure (PCE) index, was flat for the month of March, at 0.8 percent, while the 12-month headline rate was 2.7 percent. Core PCE, which excludes the volatile food and ... Read more

Last Updated 4/26/2024 8:50 AM

Company Insight

Expansion into Taiwan Markets Is Helping Shares of this Blockchain Firm

This firm, a developer of new ways to store, manage and protect data to help businesses, is now partnering with a premier systems integrator that operates in Taiwan’s critical industries.Everything Blockchain Inc. (OTCMKTS: EBZT), which blends ... Read more

Last Updated 4/25/2024 11:15 AM

Company Insight

Shares of Biopharma Up After News of Uplisting

When firms uplist to a higher exchange, they gain visibility and greater access to investors. And today, news of a strategic expansion in the United States is sending shares of this biopharma company up this morning despite a generally ... Read more

Last Updated 4/25/2024 10:30 AM