Market Overview - U.S. stocks experienced an upward trend, with the Dow Jones increasing by over 250 points, closing up 0.60% at 47,709.91, while the NASDAQ rose 0.36% to 23,297.13 and the S&P 500 gained 0.38% to 6,838.77 [1] - Energy shares saw a notable increase of 1.6%, while health care stocks declined by 0.6% on the same day [1] Company Earnings - Chagee Holdings Limited (NASDAQ:CHA) reported a 7% increase in shares after releasing its third-quarter earnings, with non-GAAP net income decreasing to RMB502.8 million ($70.6 million) from RMB646.6 million year-over-year, and net revenues falling to RMB3,208.3 million ($450.7 million) from RMB3,541.2 million [2] Commodity Prices - In commodity markets, oil prices rose by 1% to $59.26, gold increased by 0.8% to $4,237.60, silver surged by 4.9% to $56.210, and copper climbed 1.8% to $5.2870 [5] European Markets - European shares showed positive movement, with the eurozone's STOXX 600 rising by 0.26%, Spain's IBEX 35 Index up 0.12%, London's FTSE 100 increasing by 0.31%, Germany's DAX 40 gaining 0.31%, and France's CAC 40 rising by 0.29% [6] Asian Markets - Asian markets closed mixed, with Japan's Nikkei gaining 0.17%, Hong Kong's Hang Seng falling 0.34%, China's Shanghai Composite rising 0.34%, and India's BSE Sensex decreasing by 0.02% [7] Notable Stock Movements - DeFi Technologies Inc. (NASDAQ:DEFT) shares surged 11% to $1.5300 following the approval of QCAD as Canada's first compliant CAD stablecoin [8] - Pasithea Therapeutics Corp. (NASDAQ:KTTA) saw a significant increase of 61% to $1.7017 after announcing a $60 million public offering of common stock [8] - HeartBeam, Inc. (NASDAQ:BEAT) shares rose by 23% to $0.7452 after outlining its regulatory strategy post-FDA's NSE decision [8] - Rubico Inc. (NASDAQ:RUBI) shares dropped 25% to $0.1623 due to a reported reverse stock split [8] - Tilray Brands, Inc. (NASDAQ:TLRY) shares fell 19% to $0.8310 following its announcement of a reverse stock split [8] - Rich Sparkle Holdings Limited (NASDAQ:ANPA) shares decreased by 34% to $17.53 after announcing plans to purchase up to $50 million in EDU tokens [8]

Market Overview - U.S. stocks experienced an upward trend, with the Dow Jones increasing by over 250 points, closing up 0.60% at 47,709.91, while the NASDAQ rose 0.36% to 23,297.13 and the S&P 500 gained 0.38% to 6,838.77 [1] - Energy shares saw a notable increase of 1.6%, while health care stocks declined by 0.6% on the same day [1] Company Earnings - Chagee Holdings Limited (NASDAQ:CHA) reported a 7% increase in shares after releasing its third-quarter earnings, with non-GAAP net income decreasing to RMB502.8 million ($70.6 million) from RMB646.6 million in the previous year, and net revenues falling to RMB3,208.3 million ($450.7 million) from RMB3,541.2 million [2] Commodity Prices - In commodity markets, oil prices rose by 1% to $59.26, gold increased by 0.8% to $4,237.60, silver surged by 4.9% to $56.210, and copper climbed 1.8% to $5.2870 [5] European Market Performance - European shares showed positive movement, with the eurozone's STOXX 600 rising by 0.26%, Spain's IBEX 35 Index up 0.12%, London's FTSE 100 increasing by 0.31%, Germany's DAX 40 gaining 0.31%, and France's CAC 40 rising by 0.29% [6] Asian Market Performance - Asian markets closed mixed, with Japan's Nikkei gaining 0.17%, Hong Kong's Hang Seng falling 0.34%, China's Shanghai Composite rising 0.34%, and India's BSE Sensex decreasing by 0.02% [7] Notable Stock Movements - DeFi Technologies Inc. (NASDAQ:DEFT) shares surged by 11% to $1.5300 following the approval of QCAD as Canada's first compliant CAD stablecoin [8] - Pasithea Therapeutics Corp. (NASDAQ:KTTA) saw a significant increase of 61% to $1.7017 after announcing a $60 million public offering of common stock [8] - HeartBeam, Inc. (NASDAQ:BEAT) shares rose by 23% to $0.7452 after outlining its regulatory strategy post-FDA's NSE decision [8] - Rubico Inc. (NASDAQ:RUBI) shares dropped by 25% to $0.1623 due to a reported reverse stock split [8] - Tilray Brands, Inc. (NASDAQ:TLRY) shares fell by 19% to $0.8310 following its announcement of a reverse stock split [8] - Rich Sparkle Holdings Limited (NASDAQ:ANPA) shares decreased by 34% to $17.53 after announcing plans to purchase up to $50 million in EDU tokens as part of a new partnership [8]

Group 1 - The Chicago Mercantile Exchange (CME) restored most trading operations after an hours-long outage due to issues at a data center [1] - Shares of CME Group (CME) experienced a dip in the premarket session following the outage news [1] Group 2 - Shares of Tilray Brands (TLRY) fell before the US market opened after the company announced a one-for-ten reverse stock split of its common stock [1] Group 3 - Shares of Oracle (ORCL) declined in early trading after Morgan Stanley indicated that a risk gauge on Oracle Corp.'s debt reached a three-year high in November [1]

Core Viewpoint - Tilray's stock experienced a significant decline of 19.4% following the announcement of a 1-for-10 reverse stock split, which will reduce the total share count from approximately 1.16 billion to 116 million shares [1][3]. Summary by Sections Reverse Stock Split Details - Tilray has chosen the less drastic option of a 1-for-10 reverse stock split, meaning investors will own 10% fewer shares than before [3]. - The reverse split will take effect after trading on December 1, with shares resuming trading at an estimated price of $8.10 on December 2, based on the current price of $0.81 [4][8]. Implications of the Reverse Split - A reverse stock split does not fundamentally change the company's business but increases the price per share, which can help avoid delisting risks [5]. - The reverse split indicates that Tilray has not been able to increase its share price through business growth, suggesting potential reasons for investors to consider selling [6]. Investment Considerations - Analysts have identified ten stocks they believe are better investment opportunities than Tilray, indicating a lack of confidence in Tilray's current market position [9].

Core Insights - Tilray Brands (TLRY) has solidified its position as the largest legal cannabis company in Canada, reporting a 4% year-over-year increase in Canadian cannabis revenues to $51 million in fiscal Q1 2026, supported by extensive cultivation capacity of approximately 5 million square feet and 210 metric tons of cannabis in production [1][9] - The company has gained market share in the adult-use channel, ranking among the top five licensed producers and achieving the 1 position in several product categories, including pre-rolls, beverages, oils, and chocolate edibles, as well as securing the top rank in flower by the end of the quarter [2][9] - Long-term growth is anticipated due to low household cannabis penetration and potential regulatory improvements, such as updates to excise taxes and expanded medical cannabis distribution [3] Industry Update - Cresco Labs (CRLBF) reported steady operational results in Q3, driven by strong wholesale momentum and expanded cultivation capacity, maintaining leading market shares in key states [4] - Canopy Growth (CGC) showed solid momentum in its Canadian business during fiscal Q2, with improvements in both adult-use and medical cannabis segments, supported by stronger commercial execution and cost-discipline measures [6] Price Performance - Over the past six months, Tilray Brands' shares have increased by 129.1%, significantly outperforming the industry growth of 1.8% and the S&P 500's growth of 18.6% [7] Valuation Metrics - Tilray currently trades at a forward 12-month Price-to-Sales (P/S) ratio of 1.30X, compared to the industry average of 3.16X, indicating a discounted valuation [10]

Group 1 - U.S. stock futures are higher, with Dow futures gaining around 50 points [1] - Tilray Brands Inc announced a one-for-10 reverse stock split, effective December 1 [1] - Tilray shares fell sharply by 15% to $0.88 in pre-market trading [2] Group 2 - Inventiva ADR fell 7.4% to $4.26 in pre-market trading after a previous gain [4] - Anglogold Ashanti PLC dipped 5.5% to $83.97 in pre-market trading after a gain of over 5% [4] - Lexicon Pharmaceuticals Inc fell 5% to $1.36 in pre-market trading [4] - SuperX AI Technology Ltd fell 3.9% to $26.00 in pre-market trading after a significant previous jump of 23% [4] - Palisade Bio Inc declined 3.6% to $2.15 in pre-market trading [4] - Gold Fields Ltd fell 3.4% to $41.76 in pre-market trading after a gain of 6% [4] - Abacus Global Management Inc fell 3.2% to $6.33 in pre-market trading after reporting better-than-expected third-quarter results and announcing a $10 million buyback [4]

U.S. stock futures were higher this morning, with the Dow futures gaining around 50 points on Friday.Shares of Tilray Brands Inc (NASDAQ:TLRY) fell sharply in pre-market trading after the company announced a reverse stock split.After the market close on Wednesday, Tilray said it will implement a one-for-10 reverse stock split of its common stock. The reverse split was approved at the company's special meeting of stockholders in June and is now set to take effect on Dec. 1.Tilray Brands shares dipped 15% to ...

Group 1 - Chagee Holdings Ltd. (NASDAQ:CHA) is expected to report quarterly earnings of 40 cents per share on revenue of $458.31 million [2] - Tilray Brands Inc. (NASDAQ:TLRY) announced a 1-for-10 reverse stock split, resulting in a 16% decline in shares to $0.86 in after-hours trading [2] - Analysts predict Globus Maritime Ltd. (NASDAQ:GLBS) will post a quarterly loss of 12 cents per share on revenue of $10.50 million, with shares rising 1.5% to $1.36 in after-hours trading [2] - Post Holdings Inc. (NYSE:POST) has authorized a $500 million share buyback program, leading to a 1.8% increase in shares to close at $102.82 [2] - Beyond Air Inc. (NASDAQ:XAIR) announced the resignation of CFO Doug Larson and appointed Duke Drewell as interim CFO, with shares rising 1.5% to $1.35 in after-hours trading [2]

Core Viewpoint - Tilray's stock price has shown signs of recovery, rising for three consecutive days and reaching a high of $1.03 in New York, up from a low of $0.8740 earlier this month [1] Price Movement - The stock price increased to $1.03, indicating a positive trend in the market [1] - The recent low was recorded at $0.8740, highlighting a significant rebound in the stock's performance [1] Market Sentiment - The three-day consecutive rise suggests a potential shift in investor sentiment towards Tilray, reflecting growing confidence in the company's stock [1]

Market Overview - Stocks surged ahead of the Thanksgiving holiday, with the Nasdaq gaining 0.82% to 23,214.69, S&P 500 up 0.69% to 6,812.61, and Dow Jones increasing by 0.67% to 47,427.12, driven by optimism in the market and positive labor-market data showing a drop in initial jobless claims [1] Robinhood Markets Inc. - Robinhood's stock surged 10.93%, closing at $128.20, with an intraday high of $128.90 and a low of $120.86, while its 52-week high and low are $153.86 and $29.66 respectively [2] - The company announced plans to launch a futures and derivatives exchange and clearinghouse through a joint venture, with Susquehanna International Group as the initial liquidity provider, which could enhance liquidity and allow for the design of custom contracts [3] Beyond Meat Inc. - Beyond Meat's stock rose 19.01%, closing at $1.02, with an intraday high of $1.05 and a low of $0.86, while its 52-week high and low are $7.69 and $0.50 respectively [4] - The stock rebound occurred despite no new developments, attributed to broader market optimism, although the company reported a third-quarter revenue of $70.2 million, down 13.3% year-over-year, and a weak fourth-quarter outlook of $60–65 million [5] Tilray Brands Inc. - Tilray's stock increased by 4.76%, closing at $1.03, with an intraday high of $1.06 and a low of $0.99, while its 52-week high and low are $2.32 and $0.35 respectively [6] - The company announced a 1-for-10 reverse stock split effective December 1, aiming to reduce annual costs by about $1 million and attract institutional investors [6] ASML Holdings NV - ASML's stock climbed 3.76%, closing at $1,040.97, with an intraday high of $1,055 and a low of $1,037.30, while its 52-week high and low are $1,086.11 and $578.51 respectively [7] - The company benefits from strong AI-driven demand and its monopoly in EUV tools, with Goldman Sachs projecting long-term revenue could more than double, and it expects over 25% of 2025 sales to come from China [7] SMX (Security Matters) PLC - SMX's stock skyrocketed 194.42%, closing at $17.40, with an intraday high of $17.40 and a low of $5.91, while its 52-week high and low are $66,187.39 and $3.12 respectively [8] - The company is gaining attention due to its molecular tagging technology for gold verification, which aims to improve traceability and auditability in the gold supply chain, supported by interest from operators like Brink's [9]