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Barrick Gold’s Major Acacia Acquisition Attacked by Hedge Fund

[yesterday 4:43 PM] Last month, Barrick Gold (NYSE: GOLD) made news when it made a $285 million offer in stock to acquire a further 36.1 percent of Acacia Mining (LON: ACA) stock in a move to further cement their ownership of the London-listed miner. Already owning…

Array Biopharma Spikes on Acquisition News

[yesterday 4:36 PM] One of the biggest small movers on today’s market is Array Biopharma, decidedly not a household name, but a firm that is making headway in innovative cancer treatment. Marketinsider’s Daniel Strauss reports the stock price of this smaller…

U.S. Stocks Calm, But Experts, Retailers Are Not

[yesterday 4:10 PM] It’s steady waters as major U.S. index figures remain mostly level this morning, heading into what might be a volatile trading week. At CNBC this morning, Fred Imbert notes a paltry 16 point change on the Dow Jones Industrial Average in early…

Why Now is a “Critical” Time for Apple, Says Analyst

[yesterday 2:00 PM] While Apple (NASDAQ: AAPL) has been doing well over the past few years, recent trade tensions between the U.S. and China could have a significant impact on the iPhone manufacturers and tech giant. With a new round of retaliatory tariffs having…

Gold Reaches New Record as Recession Fears Grow

[yesterday 11:33 AM] Worries over a possible recession have been growing, and investors flocked last week into precious metals. Gold, in particular, broke it’s previous high and resistance level and ending Friday at the highest level seen since April 2018. Gold…

Cannabis Multi-State Operators Struggling the Most, Research Finds

[yesterday 11:20 AM] While Cannabis as a sector has seen a strong 2019 for the most part, the past couple of months have seen the industry decline as a whole. While there were many reasons why this occurred, one interesting development that analysts have noted is that…

Why Goldman Sachs Says Ford Motors Stock is Now a Buy

[Jun 15 5:48 PM] One of America’s oldest auto manufacturers is supposedly undervalued. With Wall Street’s attention fixated on other competitors, such as Tesla, one analyst report indicates that the markets aren’t recognizing what is a clear buying…

Broadcom Issue Shows Impact of U.S./China Trade Problems

[Jun 14 4:02 PM] Many investors looking at the onslaught of news coming out of the US/China trade conflict know intuitively that this kind of thing is bad for business – but news this morning from the tech sector really brings home the point. A story published by…

Iron Ore Reaches New 2019 Record at $110 per Tonne

[Jun 14 3:12 PM] Iron ore has been surging over the past few months thanks to significant global supply cuts. Earlier this year, prices ended up breaching the $100 per tonne price point, reaching a new 5-year record for the industrial metal. Now iron ore has surged…

Corn Crisis Worsens as Prices Approach 5-Year Highs

[Jun 14 2:28 PM] U.S. farmers are severely behind in their corn planting season to the tune of millions of acres thanks to record flooding in the Midwest. With it becoming clear that there’s no way for farmers to catch up, futures markets are expecting this…

Broadcom Slides After Trimming 2019 Revenue Outlook

[Jun 14 12:07 PM] Broadcom Inc (NASDAQ: AVGO) stock tumbled in after-hours trading Thursday, after the semiconductor company reported downbeat second-quarter revenue and slashed its revenue guidance for the full year. The company warned that the ongoing trade war…

Facebook Stock Booted from the Top Ethics Index

[Jun 14 11:29 AM] Facebook (NASDAQ: FB) just took a significant blow to its perceived transparency and trustworthiness. With issues regarding data privacy continuing to plague the company and shareholders calling for the company to split apart, one major index has…

Amazon Sued Over Alleged Child Privacy Protection Violation

[Jun 13 10:51 PM] Amazon (NASDAQ: AMZN) is facing two lawsuits in the U.S. that accuse the company of violating child privacy protection through its Alexa AI assistant. The pair of federal lawsuits filed in Seattle and Los Angeles, allege that the e-commerce giant…

BTC Looking Strong at $8K and Change

[Jun 13 5:15 PM] Today we see Bitcoin back up over $8000, and Ethereum up some 4%, with Ripple up 1%. “After peaking around $9,000 in May, BTC crashed down to under $8,000 but seems to be slowly recovering. BTC was trading just shy of $8,000 earlier today, and…

Oil Prices Soar On Reports Of Tanker Attacks In The Gulf Of Oman

[Jun 13 12:19 PM] Oil prices rebound Oil prices jumped on Thursday morning following reports that two tankers have been attacked in the Gulf of Oman, near the Iranian coastline. Multiple shipping agents say oil tankers Kokuka Courageous and Front Altair sustained…

HEXO Q3 Figures Shock Analyst as Revenue Fell 3%

[Jun 13 12:18 PM] One closely watched Canadian cannabis company is HEXO Corp (NYSE: HEXO). This cannabis producer with a market cap around $2 billion is considered to be on the cusp of becoming one of the largest cultivators in the country, alongside names like…

Savara Plummets 71% After Drug Study Fails to Yield Results

[Jun 13 11:27 AM] Biotech companies have been making some major moves in the markets for the past couple of weeks as news developments both positive and negative come into play. Today was no different as one of the biggest movers for Wednesday’s trading session…