Author: Energy And Markets Now

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Shares of major cannabis companies rallied sharply on Wednesday after reports suggested the Trump Administration could soon move to reclassify marijuana, a long-awaited step that investors believe could ease regulatory pressures on the sector. The gains were led by Curaleaf Holdings,

Paramount’s ambitious $110 billion bid to acquire Warner Bros. Discovery is approaching a decisive moment, as shareholders prepare to vote on the deal on Thursday, bringing the media industry closer to one of its largest consolidations in recent years. The proposed

Shares of Masco Corp. surged on Wednesday after the home improvement company delivered a strong first-quarter earnings beat and reaffirmed its full-year guidance, signaling resilience in a challenging housing market. The stock jumped 12.6% to $75.17 during the session, making it

Shares of Adobe Inc. rose about 3% on Wednesday after the company unveiled a $25 billion share buyback program, offering a boost to investor sentiment even as concerns around artificial intelligence and competitive pressures continue to weigh on the stock. The

Intel (NYSE: INTC) has run up notably into its Q1 earnings on April 23rd, with the semiconductor stock currently up an exciting 60% versus the start of this month. Consensus is for INTC to post $12.42 billion in revenue, representing a

London-based fintech Revolut is aiming to secure banking licences in France and the United States this year, as it looks to accelerate growth and compete more directly with traditional lenders. Béatrice Cossa-Dumurgier, the company’s CEO for Western Europe, told Reuters that