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X @Bloomberg
Bloomberg· 2025-07-02 21:07
President Javier Milei is counting on a shale-oil boom in Argentina to cement his libertarian economic reforms https://t.co/GEmg4ddgxb ...
Why Marijuana Stocks Could Deliver Big Returns Despite the 2025 Market Pullback
Marijuana Stocks | Cannabis Investments And News. Roots Of A Budding Industry.™· 2025-07-02 15:29
Industry Outlook - The long-term outlook for cannabis investing remains promising despite a current downturn in marijuana stock performance, presenting a potential buying opportunity for strategic investors [1] - Legal cannabis sales in the U.S. are projected to reach $45-50 billion by 2025, with expectations to surpass $50 billion by 2028, driven by increasing consumer demand and expanding state-level legalization [2] - A cultural shift has made cannabis consumption more mainstream, with over two-thirds of Americans living in states where cannabis is legal in some form, indicating a stable and growing demand side for the industry [2][3] Regulatory Environment - Federal regulatory reform is anticipated as a significant catalyst that could revive marijuana stock trading in the market [3] Companies to Watch - **Innovative Industrial Properties, Inc. (IIPR)**: A real estate investment trust focused on acquiring and managing properties leased to state-licensed cannabis operators. The company declared a Q2 2025 dividend of $1.90 per share, amounting to an annualized dividend of $7.60 per share, with over $940 million paid in dividends since its inception [4][6] - **Chicago Atlantic Real Estate Finance, Inc. (REFI)**: Operates as a commercial mortgage real estate investment trust, recently declaring a Q2 2025 dividend of $0.47 per share, equating to an annualized rate of $1.88 per share [6][9] - **NewLake Capital Partners, Inc. (NLCP)**: Provides real estate capital to state-licensed cannabis operators through sale-leaseback transactions, with a recent Q2 2025 dividend of $0.43 per share, equivalent to an annualized dividend of $1.72 per share [10]
X @Forbes
Forbes· 2025-07-02 15:10
6 Takeaways As Huge Student Loan Reforms Advance Through Congress https://t.co/D1nE0emjTU https://t.co/Tuc214tmAO ...
X @Bloomberg
Bloomberg· 2025-07-02 13:11
Nigerian economic reforms have improved investor sentiment but the nation’s finances are being hurt by lower oil prices that will widen its budget gap this year, the IMF says https://t.co/33wYdbFgMz ...
X @Bloomberg
Bloomberg· 2025-07-02 11:42
The African Development Bank urges South Africa to speed up structural reforms as it cuts the country’s growth outlook, citing Trump’s trade war and global headwinds https://t.co/NdbLo3mBG0 ...
Starmer Drops Flagship Welfare Reforms to Avoid Defeat
Bloomberg Television· 2025-07-02 06:22
Lizzy, how weakened is the UK Prime Minister now. Well, Tom Keir Starmer faced an ugly choice, didn't he, before this vote. On the one hand, he could have lost a key vote, as you say, and it's not one that he should have struggled to pass.Theoretically, given he's got this huge, historic 165 MP majority. His other choice, though, was to make a U-turn. And it was on this bill, this welfare reform bill, and particularly the contentious part was restricting benefit payments to some disabled people from next ye ...
X @Elon Musk
Elon Musk· 2025-07-01 19:14
RT Senator Rand Paul (@SenRandPaul)Throughout the Vote-a-rama, I was working all night to stop Congress from adding to our debt.I met with @VP and I reiterated my offer to vote for the bill—if it included a 90% reduction in the debt ceiling.No earmarks. No handouts. Just real fiscal reform.I wasn’t looking for favors. I wasn’t horse-trading. I was fighting for the American people and against our out-of-control debt.Bottom line: I offered my vote for fiscal sanity. Congress chose to sell out taxpayers instea ...
X @Bloomberg
Bloomberg· 2025-07-01 18:35
France’s minority government on Tuesday survived a no-confidence motion over the pension reform thanks to Marine Le Pen’s far-right party abstaining in the vote. https://t.co/TWkhNV9Viw ...
X @Bloomberg
Bloomberg· 2025-07-01 17:44
Keir Starmer backtracked on most of his welfare reforms in a bid to avoid a damaging rebellion that threatened to inflict a first defeat on the UK prime minister https://t.co/AvpCyFC4lX ...
Nasdaq Welcomes 142 IPOs in the First Half of 2025
Globenewswire· 2025-07-01 12:05
Core Insights - Nasdaq achieved the highest volume of listings and capital raised in the first half of 2025 since 2021, with 142 IPOs raising a total of $19.2 billion [1][5] - The exchange maintained a strong leadership position, achieving an 86% win-rate for Nasdaq-eligible listings in the U.S. market, marking 46 consecutive quarters of leadership [1][5] - Nasdaq's market value transferred from exchange transfers since 2005 has crossed $3 trillion, with 11 companies transferring their listings in the first half of 2025 [1][5] Listings and Capital Raise - In the first half of 2025, Nasdaq welcomed 142 IPOs, including marquee listings such as CoreWeave, Chime, and Galaxy Digital [5] - The total capital raised through these IPOs was $19.2 billion, the highest for the first half of the year since 2021 [5] - Nasdaq also facilitated 20 SPAC business combinations, achieving a 95% win-rate in the U.S. for SPAC listings [5] Sector Performance - Nasdaq maintained a 100% win-rate for consumer IPOs and an 89% win-rate for healthcare IPOs, with notable listings including Smithfield Foods and Metsera [5] - The exchange continues to be the leading choice for companies in the financial technology, digital assets, and biotech sectors [2][5] Regulatory Environment - Nasdaq is advocating for smart regulatory reforms to enhance the operating environment for public companies and drive capital formation [5] - A new white paper has been published by Nasdaq calling for modernization of the regulatory environment to support public markets and wealth creation [5] Listing Anniversaries - Nasdaq celebrated significant listing anniversaries for several companies, including Huntington Bancshares Inc (40 years) and Cisco Systems, Inc. (35 years) [5]