Trump Signs Order To Ease Federal Marijuana Restrictions: Here Is Why Cannabis Stocks Soared And Then Fell - Aurora Cannabis (NASDAQ:ACB), Canopy Growth (NASDAQ:CGC)
Benzinga· 2025-12-19 02:28
Core Viewpoint - President Donald Trump's executive order marks a significant shift in federal cannabis policy, directing federal agencies to loosen regulations on marijuana [1] Regulatory Changes - The order instructs U.S. Attorney General Pam Bondi to expedite the rescheduling of marijuana to Schedule III under the Controlled Substances Act, aligning it with common painkillers but not fully legalizing it [2] - Marijuana's current classification as a Schedule I substance has limited research opportunities, and reclassification aims to enhance studies on safety and effectiveness, particularly for vulnerable populations [4] Access to CBD Products - The order outlines steps to improve access to hemp-derived cannabinoid products, especially cannabidiol (CBD), which currently lacks a clear regulatory pathway through the FDA [5] - It directs the White House Deputy Chief of Staff to collaborate with Congress to expand access to full-spectrum CBD products while restricting those posing health risks [6] Political Reactions - Senate Minority Leader Chuck Schumer supports the order, viewing it as a positive step, but emphasizes the need for further decriminalization and easing banking regulations for the cannabis industry [7] - Conversely, some Republican senators, including Ted Budd, criticize the order as shortsighted and potentially harmful to youth [7][8] Market Reactions - Cannabis stocks initially surged following the announcement but retreated by the close, attributed to the lack of expected cannabis banking provisions in the order [9] - Despite the retreat, major cannabis stocks have seen significant gains throughout the month in anticipation of the executive order [11]
If You Had Invested $1,000 in Tesla Stock 1 Year Ago, Here's How Much You Would Have Today
Yahoo Finance· 2025-12-19 02:25
Key Points Tesla's performance over the past 12 months comes up short of the overall market's gain. The stock's current valuation shows just how bullish market sentiment has become, with Tesla having no room for error. These 10 stocks could mint the next wave of millionaires › By disrupting the massive global automobile industry, Tesla (NASDAQ: TSLA) became one of the best performing stocks on the market. Shares have rocketed higher over the past decade. And they currently trade at record levels. Mo ...
Tactical Resources Announces Receipt Of Final Order Approving Arrangement With Plum Acquisition Corp. III
Accessnewswire· 2025-12-19 02:15
Core Viewpoint - Tactical Resources Corp. has received the final court order approving its business combination transaction with Plum Acquisition Corp. III and related entities, following overwhelming shareholder approval at the recent annual meeting [1] Group 1: Court Approval - The Supreme Court of British Columbia has issued a final order approving the plan of arrangement among Tactical Resources Corp., Plum Acquisition Corp. III, Plum III Amalco Corp., and Plum III Merger Corp. [1] - The final order was sought on December 18, 2025, to validate the previously announced arrangement [1] Group 2: Shareholder Approval - The arrangement was overwhelmingly approved by the shareholders of Tactical Resources Corp. at the annual general and special meeting held on December 16, 2025 [1] - This approval indicates strong support from the shareholders for the proposed business combination [1]
Cathie Wood Dumps $11 Milllion Worth Of Tesla Stock While Doubling Down On These Notable Crypto Plays - Tesla (NASDAQ:TSLA)
Benzinga· 2025-12-19 02:05
Tesla Trade - Ark Invest sold 23,110 shares of Tesla through its ARK Innovation ETF, valued at approximately $11.2 million, amid a stock pullback after reaching all-time highs earlier in the week [2] - Despite the recent dip, Tesla's stock closed at $483.37 on Thursday, marking a 3.45% increase, indicating ongoing market interest [3] Coinbase Trade - Ark Invest purchased 17,386 shares of Coinbase across multiple ETFs, valued at approximately $4.15 million, aligning with Coinbase's announcement of launching traditional stock trading [4] - Coinbase's new offering includes commission-free U.S. stock trading with 24-hour access five days a week, aiming to diversify revenue and reduce dependence on volatile crypto trading cycles [5] Brera Holdings Trade - Ark Invest increased its stake in Brera Holdings by purchasing 575,644 shares through various ETFs, valued at approximately $1.4 million, following the company's strategic initiatives [6] - Brera Holdings' stock saw a modest rise of 0.84%, closing at $2.39, reflecting positive market sentiment [6] Other Key Trades - Ark Invest sold 31,149 shares of Ionis Pharmaceuticals Inc. and bought 755,538 shares of Recursion Pharmaceuticals Inc. across different ETFs [8]
One Stop Systems Stock: The Buy Case Is Working, Now Execution Matters (NASDAQ:OSS)
Seeking Alpha· 2025-12-19 02:05
Group 1 - The company One Stop Systems (OSS) is showing visible improvement in its financial performance, leading to a maintained Buy rating [1] - The analyst emphasizes a focus on companies with strong fundamentals and real potential, particularly in the tech, infrastructure, and internet services sectors [1] - The article aims to share investment ideas and foster discussions among investors who prioritize long-term returns over short-term fluctuations [1]
One Stop Systems: The Buy Case Is Working, Now Execution Matters
Seeking Alpha· 2025-12-19 02:05
Group 1 - The company One Stop Systems (OSS) is showing visible improvement in its financial performance, leading to a maintained Buy rating [1] - The analyst emphasizes the importance of strong fundamentals and real potential in companies, particularly in the tech, infrastructure, and internet services sectors [1] Group 2 - The analyst has no current stock or derivative positions in any mentioned companies and does not plan to initiate any within the next 72 hours [2] - The article reflects the analyst's personal opinions and is not influenced by compensation from any company [2]
Nvidia Corporation (NASDAQ:NVDA) Faces New Challenges and Opportunities
Financial Modeling Prep· 2025-12-19 02:04
Tigress Financial sets a new price target for Nvidia Corporation (NASDAQ:NVDA) at $350, indicating a potential growth of approximately 99.87%.Google's initiative could challenge Nvidia's software advantage in the semiconductor industry, potentially impacting its market position.Nvidia's dominance in the AI hardware market is threatened by Google's TPU strategy, which could limit Nvidia's future share in the AI sector.Nvidia Corporation (NASDAQ:NVDA) is a leading player in the semiconductor industry, known f ...
Costco vows to keep prices low even as inflation pressures shoppers
Yahoo Finance· 2025-12-19 02:03
When you walk around Costco, there's one thing you can't help but notice. And it's not just the fact that many of the items are supersized. Costco's prices, even for non-bulk items, are among the most competitive in retail. And that's incredibly important at a time when so many consumers are struggling. In November, prices for common consumer goods and services were up 2.7% broadly, according to last month's Consumer Price Index. Food costs rose 2.6%, electricity was up 6.9%, and piped gas service was u ...
Accenture (NYSE:ACN) Rating Update and Financial Performance Highlights
Financial Modeling Prep· 2025-12-19 02:00
BMO Capital adjusts Accenture's rating to "Market Perform" and raises the price target from $270 to $300.Accenture reports strong Q1 fiscal 2026 results, with earnings per share of $3.94 and total revenues of $18.7 billion.The company's shares have surged by 15% over the past three months, outperforming the industry and the S&P 500 composite.On December 18, 2025, BMO Capital adjusted its rating for Accenture (NYSE:ACN) to "Market Perform," maintaining a "hold" action. At the time of this update, the stock p ...
Chesapeake Financial Planners Expands Operations, Launches New Website Ahead of 2026
Globenewswire· 2025-12-19 02:00
Core Insights - Chesapeake Financial Planners is expanding its team and service capabilities in response to increased client demand for professional financial guidance [1][2][3] - The firm has launched a redesigned website aimed at enhancing transparency and usability for prospective clients [3][4] Company Developments - The firm has added new team members to support its growing client base while maintaining personalized service quality [7][8] - The new hires will assist in various operational areas, ensuring the firm can handle increased planning volume effectively [8] Client Focus - Chesapeake Financial Planners primarily serves business owners, technology executives, and individuals nearing or in retirement, who face complex financial situations [10] - The firm operates as a fiduciary, legally obligated to act in clients' best interests, distinguishing it from firms with less stringent requirements [11] Recognition and Expertise - Jeff Judge, the Managing Partner, has received the Five Star Wealth Manager award annually from 2017 to 2026, based on objective criteria [12] - As the sole CFP® designee at the firm, Judge brings rigorous training and ethical standards to client engagements [13] Strategic Vision - The operational updates reflect a commitment to sustainable growth, focusing on building infrastructure that supports long-term client relationships [14]