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A shift in federal marijuana policy could be coming.Shares of Trulieve Cannabis Corp (TCNNF +14.13%) soared on Tuesday, finishing the day up 14.1%. The jump comes as the S&P 500 lost 0.3% and the Nasdaq Composite gained 0.2%.The cannabis stock is surging after President Donald Trump confirmed a report that his administration is exploring marijuana reclassification -- a shift that could reshape the cannabis industry and have an immediate impact on Trulieve's business. OTC : TCNNFTrulieve CannabisToday's Chan ...

Core Insights - Petrobras, Brazil's state-run oil company, has signed a deal to acquire 49.99% of Lightsource bp's subsidiaries in Brazil [1] Company Summary - Petrobras is expanding its portfolio by acquiring a significant stake in Lightsource bp's subsidiaries, indicating a strategic move towards renewable energy [1] - The acquisition reflects Petrobras's commitment to diversifying its energy sources and investing in sustainable projects [1] Industry Summary - The deal highlights the growing trend of traditional oil companies investing in renewable energy sectors, aligning with global shifts towards sustainability [1] - This acquisition may enhance competition in the renewable energy market in Brazil, as more players enter the space [1]

Micron Technology Inc (NASDAQ:MU) looks to continue a streak of beating analyst estimates when the company reports first-quarter financial results Wednesday after market close. • Micron Technology stock is showing positive momentum. What’s ahead for MU stock?Here are the earnings estimates, what analysts are saying ahead of the report and the key items to watch.Earnings Estimates: Analysts expect Micron to report first-quarter revenue of $12.81 billion, up from $8.71 billion, according to data from Benzing ...

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DALLAS--(BUSINESS WIRE)--First paragraph, first sentence should read: 1,676,923 Units (instead of 13,701,691 Units). First paragraph, second sentence should read: Pursuant to the Offering, total gross proceeds of $9,999,999.10 were raised through the issuance of an aggregate of 15,384,614 Units. (instead of Total gross proceeds of the Offering were $9,999,999.10.) The updated release reads: LIBERTYSTREAM ANNOUNCES CLOSING OF SECOND AND FINAL TRANCHE OF LIFE OFFERING The net proceeds from the Offering will b ...

UKRAINE - 2021/05/08: In this photo illustration, the BWX Technologies logo seen on a smartphone and on a pc screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesAt about $174.37 a share, BWX Technologies (BWXT) is trading roughly 19% below its 52-week high as investors digest valuation concerns after a strong run, and weigh near-term uncertainty against long-term nuclear tailwinds. That pullback puts the stock back on the radar for pa ...

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Revolve Group, a fashion retailer for millennial and Generation Z consumers, now offers Affirm’s flexible payment options to shoppers in Canada and the United Kingdom.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required ...

One market professional tracking the company believes a new asset will be very synergistic.A robust price target increase from an analyst tracking clothing conglomerate Gildan Activewear (GIL +5.62%) put lots of energy into the stock on Tuesday. Taking a cue from that move, investors pushed into the stock, propelling it to a nearly 6% price gain on the day. More in storeThe analyst behind the move was UBS's Jay Sole. Before the market open, he raised his Gildan price target nearly 38% to $110 per share, fro ...