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Cannabis Stocks React On Election Day, SNDL Surges While Trulieve Raised The Stakes
Tuesday, November 5, 2024 - 5:55pm | 486SNDL Inc. (NASDAQ:SNDL) rose over 10% on Election Day at market close, following the release of its third-quarter earnings, reporting CA$236.9 million ($170.65 million) in revenue. Although the company faced a slight decline in its liquor retail segment, its core cannabis operations showed strong...
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5 Stocks To Watch On Election Day: Trump Media, Exxon, First Solar, RTX, Lennar
Tuesday, November 5, 2024 - 1:11pm | 623Election Day is here. A win for Republican Donald Trump or Democrat Kamala Harris could move different market sectors. Here is a list of stocks to watch as the country waits for the final tally. Trump Media & Technology Group Corp. (NASDAQ:DJT) shares are climbing on heavy trading volume on...
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Trump Polymarket Whale Has $30M Bet On Former President Winning 2024 Election: 'My Intent Is Just Making Money'
Friday, November 1, 2024 - 4:07pm | 1108A French trader, who is among the largest bettors on the 2024 presidential election outcome on the prediction market Polymarket, said he made the trades to make money not due to a political agenda. What Happened: A prediction market for the 2024 presidential election has attracted over $2.39...
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VIX Index Notches Third-Strongest October Spike In An Election Year, S&P 500 Snaps 5-Month Winning Streak: Why Volatility 'Is Unlikely To Pull Back,' Analyst Says
Thursday, October 31, 2024 - 4:34pm | 674The CBOE Volatility Index (VIX), often referred to as the market's "fear gauge," saw a sharp 34% increase in October, signaling intensified investor concern as the U.S. presidential election looms. This spike marks the third-strongest October VIX increase for an election year, with only 2008 and...
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US GDP Rises 2.8% In Q3, But Can The Momentum Last? What 6 Top Economists Are Saying
Wednesday, October 30, 2024 - 1:03pm | 661The U.S. economy grew at a robust 2.8% in the third quarter, but beneath the strong headline number, economists see diverging forces at play. While the gross domestic product (GDP) growth rate marked a slight slowdown from the 3% pace recorded in the second quarter and came in also below the...
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Retail Traders Unfazed By AI Hype, Most Say 2024 Election Is As Relevant To Portfolios As A Magic 8-Ball
Thursday, October 10, 2024 - 6:53pm | 894Artificial intelligence (AI) stocks are surging and the 2024 presidential election is shaping up to be one of the most contentious in history. But ask retail traders how it affects them and the response is, “meh.“ What Happened: According to the latest survey from Public, an investing...
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DeSantis Is Less Popular Than Florida's Legal Cannabis Amendment: New Poll That Also Shows Biden Gaining On Trump
Friday, June 7, 2024 - 4:38pm | 726Two-thirds of Florida voters, including a majority of Republicans, are throwing their support behind Amendment 3, the marijuana legalization initiative that will appear on the November ballot. According to a Thursday Fox News poll, the amendment enjoys greater popularity than Republican Governor...
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How Does The Stock Market Perform In An Election Year?
Tuesday, May 21, 2024 - 12:31pm | 3145With the U.S. Presidential election set for a rematch in November, many investors are wondering how the U.S. stock market might perform in the months that follow. While predicting the future is never easy, using history as a guide can be useful for understanding how markets might react to a Biden...
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Cannabis And Abortion: Ohio's Hot Button Issues On Election Day
Tuesday, November 7, 2023 - 2:19pm | 552It's the final day of voting on a cannabis legalization initiative along with an amendment that would protect the right to abortion in Ohio’s state Constitution. Lines at a local Methodist church in a Cleveland suburb were steady and noisy since the polls opened at 6:30 a.m.,...
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Is The Stock Market Open On Voting Day 2022? Here Are The Details
Tuesday, November 8, 2022 - 9:41am | 353The upcoming Election Day, Tuesday, Nov. 8, while a critical day for U.S. voters, is not a federal holiday. Banks, businesses and the stock market will all be open, though business operation hours may shift to allow for employee voting. In accordance with its holiday schedule, the U.S....
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Control Of Congress Up For Grabs In Midterms: 12 Stocks To Watch
Monday, November 7, 2022 - 2:06pm | 840As voters endeavor to select the congressional candidates they believe would best assist the U.S. in navigating through historical issues it is currently facing, investors are wondering what's going to happen to equities. For the worried investor, don't fret. Historically speaking, markets...
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Green Thumb Reports $157M In Q3 Revenue Ahead Of 50th Store Milestone
Wednesday, November 11, 2020 - 6:05pm | 385Green Thumb Industries Inc. (CSE:GTII) (OTCQX: GTBIF) reported a boost in revenue for the third quarter of 2020. Revenue jumped 31.3% quarter-over-quarter and 131.1% year-over-year to $157.1 million, according to the Chicago-based cannabis company's earnings report Wednesday....
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The MORE Act Gets A December Vote, But Don't Expect Much Else For Now
Wednesday, November 11, 2020 - 1:22pm | 802After the five-state ballot initiative sweep, marijuana's momentum kipped up after receiving a minor gut check in September when the House of Representatives punted a vote on the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act to the lame duck session. The lingering questions...
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Al Harrington: Pot's Path To Legalization Is Plagued By 'One Major Issue'
Monday, November 9, 2020 - 6:30pm | 962Last week, marijuana legalization initiatives passed in five states: Arizona, Mississippi, New Jersey, Montana, and South Dakota. Stocks such as Aurora Cannabis (NYSE: ACB) and Tilray (NASDAQ: TLRY) absolutely surged in the days that followed. Many cannabis pros also...
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3 Reasons Marijuana Stocks Are Soaring
Friday, November 6, 2020 - 4:10pm | 537Cannabis stocks have been red-hot following Tuesday’s election. The skyrocketing marijuana group has been led by Aurora Cannabis Inc. (NYSE: ACB), which is up 135% in the past two days alone. Voters in New Jersey, Arizona, South Dakota and Montana legalized recreational marijuana use on...