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Aurora Cannabis stock gains after first beat on pot sales in more than a year

Aurora Cannabis stock gains after first beat on pot sales in more than a year

Aurora Cannabis Inc. shares gained in late trading Thursday, after the Canadian pot producer beat sales expectations for the first time in more than a year. AuroraACB,-1.08%ACB,-1.02%reported a fiscal second-quarter loss of C$75.1 million ($59 million), improving from a loss of more than C$300 million a year ago, on net revenue of C$60.6 million in … Read more

In The Absence Of Stock GPUs, Asus Introduces A ROG Strix Key With Spinning Fans

In The Absence Of Stock GPUs, Asus Introduces A ROG Strix Key With Spinning Fans

ROG Strix: Are you looking for a graphics card and can’t find it due to lack of stock? Asus offers you the possibility to decorate your keyboard with a miniature ROG Strix† The lack of stock of graphics cards or GPUs has been driving PC gaming fans for some time, mainly due to the crisis … Read more

Zynga reports record results, stock mostly unmoved after hours pending acquisition by Take-Two

Zynga reports record results, stock mostly unmoved after hours pending acquisition by Take-Two

Zynga Inc. reported record results in the extended session Wednesday with a slight bottom-line miss, but shares of the videogame publisher were flat after hours given its pending acquisition by Take-Two Interactive Software Inc. ZyngaZNGA,+0.33%shares were little changed, rising 0.3% after hours, following a 0.3% rise in the regular session to close at $9.17. Zynga … Read more

Buy the dip? Why the stock market’s bounce off January lows may prove premature

Buy the dip? Why the stock market’s bounce off January lows may prove premature

A big stock-market bounce after an ugly January might reflect misplaced confidence in a previously tried-and-true trading strategy, a Wall Street analyst warned on Monday. “After a tough markdown of stocks in January, some investors have shown interest in ‘buying the dip,” wrote Lisa Shalett, chief investment officer at Morgan Stanley Wealth Management, in a … Read more

Interest Rates Soared on the Jobs News. Why Stock Investors Should Worry.

Interest Rates Soared on the Jobs News. Why Stock Investors Should Worry.

Text size Traders work on the floor of the New York Stock Exchange on Friday. Spencer Platt/Getty Images Friday’s jobs report caused short-term interest rates to pop, but there is still plenty of room for them to surge. That could spell trouble for the stock market. The Bureau of Labor Statistics reported that the US … Read more

Ford Stock Falls After Earnings. What Wall Street Thinks.

Ford Stock Falls After Earnings. What Wall Street Thinks.

Font size Ford’s Maverick in hybrid form, with 37 mpg combined. Ford photo Ford’s profit fourth quarter, reported Thursday evening, some light came and the financial outlook for 2022 did not blow investors away. Shares traded lower Friday and could be a tough day for Ford bulls as Wall Street fails to defend shares after … Read more

Why Facebook parent Meta’s stock is getting crushed

Why Facebook parent Meta’s stock is getting crushed

Facebook parent company Meta (FB) took a shellacking Thursday morning following its Wednesday Q4 earnings results, amid a miss on earnings per share and a dreadful outlook for Q1. Investors fled the company’s stock Thursday, sending it plummet more than 25% to a 52-week low of $244.75. In a statement, CFO David Wehner pointed to … Read more