This website uses cookies to collect usage information in order to offer a better browsing experience. By browsing this site or by clicking on the "ACCEPT COOKIES" button you accept our Cookie Policy.

Benzinga is a fast-growing financial media outlet that empowers investors with market-moving content. The site also manages Benzinga Pro, a streaming platform with real-time headlines, data and actionable alerts. Sign up for a free trial and profit with faster news now.

Benzinga

July 18, 2019

Italy Chooses Aurora Cannabis To Supply Medical Marijuana

Aurora Cannabis Inc. ACB announced Thursday it has won the Italian government’s public tender to supply medical marijuana in Italy. The company was the winner among five companies that participated in the tender and it’s expected to sign the contract this fall.

Read More
Benzinga

July 17, 2019

Stock Wars: GM Vs. Ford Vs. Tesla Vs. Toyota

It has been a rough five-year stretch for large auto stocks Toyota Motor Corp TM, General Motors Company GM, Ford Motor Company F and Tesla Inc TSLA. Despite a booming market and an overall 52.4% gain for the S&P 500, none of these big automakers has managed to produce a double-digit return for investors over the past five years.

Read More
Benzinga

July 11, 2019

Tesla-Heavy ETF Gets A New Look

An exchange traded fund once known for its large weight to Tesla Inc. TSLA is getting a new look while maintaining its robust exposure to shares of the electric automobile manufacturer.The ETF previously known as the VanEck Vectors Global Alternative Energy ETF is now the VanEck Vectors Low Carbon Energy ETF SMOG. SMOG tracks the Ardour Global Index.

Read More
Benzinga

July 3, 2019

As Facebook Prepares To Launch Libra, Regulators Are Watching

Facebook, Inc. FB’s bold move into the cryptocurrency space with the planned launch of Libra in 2020 is certain to draw the attention of regulatory authorities. The Cambridge Analytica data scandal in 2018 involved the harvesting of personal data of millions of people’s Facebook profiles without their consent for the purpose of political advertising.

Read More
Benzinga

June 27, 2019

Wells Fargo Downgrades Parsons On Valuation

Technology-focused defense company Parsons Corp (PSN) went public in early May at $27 per share and is now trading north of Wells Fargo’s price target. Ed Caso downgraded Parsons from Outperform to Market Perform with an unchanged $36 price target.

Read More
Benzinga

June 25, 2019

Flowr Corp To Acquire Holigen Holdings In Cash And Stock Deal

Canadian cannabis company Flowr Corp FLWPF will acquire Holigen Holdings Limited.The company recently announced an investment that would leave it with ownership of 19.8% of Holigen. Flowr said Monday afternoon it would instead acquire the entire business in a cash and stock deal.

Read More
Benzinga

June 12, 2019

Bento Pay To Give Small Businesses A Venmo-Like Solution

B2B payments solution provider Bento for Business announced Wednesday a new digital payment solution that eliminates the need to write checks. Bento’s new payment solution, Bento Pay, gives small businesses the “ease and security” of paying suppliers, the company said in the press release.

Read More
Benzinga

June 11, 2019

Global X Looks To Add A Spark To The Cannabis ETF Party

Global X, one of the largest purveyors of thematic exchange traded funds, is looking to add that lineup with a cannabis ETF.In a recent filing with the Securities and Exchange Commission, the New York-based ETF issuer outlined plans for the Global X Marijuana ETF.

Read More
Benzinga

June 3, 2019

As Brexit Woes Continue, Trading Sterling Is Painful

With Prime Minister Theresa May set to resign in June, further political and Brexit uncertainty continues to plague the foreign exchange market. Pounds sterling faces more losses and could see record lows before the year is out, according to FX analysts.

Read More
Benzinga

May 31, 2019

Trump Says US Will Impose 5% Tariff On Mexico Imports Starting June 10

Markets are lower Friday morning after U.S. President Donald Trump said in a Tweet Thursday evening his administration will impose a 5-percent tariff on every Mexican good crossing border as of June 10. Trump’s 5-percent tariff will be lifted to 25 percent over the coming months unless the Mexican government takes action to “reduce or eliminate the number of illegal aliens” entering the U.S. from Mexico’s side of the border.

Read More
Benzinga

May 23, 2019

Tesla Closes Below $200 As Analysts Roll Out Grim Bear Scenarios

Tesla Inc TSLA shares lost voltage Wednesday after being hit by a one-two punch: another major Wall Street firm saying it sees an increasing chance of a bear scenario in which the share price drops to double-digits — and a longtime Tesla supporter expressing serious doubts about the company’s trajectory in a private client call.

Read More
Benzinga

May 21, 2019

A Peek Into The Markets: US Stock Futures Point To A Higher Open

U.S. stock futures traded higher in early pre-market trade. Data on existing home sales for April will be released at 10:00 a.m. ET. Atlanta Federal Reserve Bank President Raphael Bostic is set to speak in Amelia Island, Florida at 7:50 a.m. ET, while Chicago Federal Reserve Bank President Charles Evans will speak at 10:45 a.m. ET. Boston Federal Reserve Bank President Eric Rosengren is set to speak in New York at 12:00 p.m. ET.

Read More
Benzinga

May 16, 2019

UBS Says Alphabet ‘Well-Positioned’ For Local Ads

Google parent company Alphabet Inc (GOOG) (GOOGL) is “well-positioned” to capitalize on local advertising, which represents 30 percent of the global ad and marketing services addressable market of around $650 billion excluding China, according to UBS.

Read More
Benzinga

May 15, 2019

Newly Public, Cash-Burning Uber Finds An ETF Home

Uber Technologies, Inc. (UBER) gained 7.71 percent on Tuesday, but the stock is still down nearly 11 percent from its recent initial public offering price. In what could be seen as a small amount of good news, Uber is finding some home among exchange traded funds, including the Renaissance IPO ETF (IPO).

Read More
Benzinga

May 8, 2019

A Peek Into The Markets: US Stock Futures Point To A Lower Open

U.S. stock futures traded lower in early pre-market trade. Federal Reserve Member of the Board of Governors Lael Brainard is set to speak in Richmond, VA at 8:30 a.m. ET.Futures for the Dow Jones Industrial Average dipped 135 points to 25,838, while the Standard & Poor’s 500 index futures fell 17 points to 2,873.75. Futures for the Nasdaq 100 index tumbled 56.75 points to 7,617.25.

Read More
Benzinga

May 6, 2019

Marvell Buys Aquantia In $450M Deal

Semiconductor company Marvell Technology Group Ltd. (MRVL) said Monday it reached an agreement to buy Aquantia Corp (AQ), a leader in Multi-Gig Ethernet connectivity, for $13.25 per share.

Read More
Benzinga

May 3, 2019

Berkshire Hathaway Takes A Stake In Amazon

Speaking ahead of the annual Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) shareholder meeting this weekend, Buffett said he was an “idiot for not buying” Amazon’s stock sooner. But he also said the stock purchase wasn’t made by him personally, rather it was overseen by one of his right-hand men Todd Combs or Ted Weschler.

Read More
trading top