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Trump to meet with congressional leaders to try to avert a shutdown, Electronic Arts to go private
Youtube· 2025-09-29 14:47
Welcome to Yahoo Finance's flagship show, The Morning Brief. I'm Julie Hyman. Let's get to the three things you need to know today.First up, US stock futures kicking off the week in positive territory. Investors are looking ahead to a busy week of data and Fed speak. Key events include Tuesday's Jolt report, which is expected to show a decline in job openings, and Friday's non-farm payroll sprint, but the latter report could be delayed if the government shuts down.And speaking of which, the clock is ticking ...
President Trump Lights Up Cannabis Stocks With Pro-CBD Truth Social Post
Benzinga· 2025-09-29 14:36
President Donald Trump posted a video on Truth Social on Sunday, promoting the potential health benefits of cannabis. Cannabis stocks lit up on Monday after Trump resurrected hopes for a change in federal drug policy. TLRY stock is on fire. See the real-time price action here. Is Trump Pro-Cannabis? The video, created by The Commonwealth Project, suggested that CBD should be covered under Medicare, calling it “the most important senior health initiative of the century.”It also claimed that CBD could slow th ...
X @Bloomberg
Bloomberg· 2025-09-29 13:45
Shares of cannabis stocks rallied Monday after President Donald Trump shared a video promoting putting cannabidiol, or CBD, under Medicare coverage https://t.co/eBY7utNJoD ...
Village Farms International’s Board of Directors Unanimously Approves $10 Million Share Repurchase Authorization
Globenewswire· 2025-09-29 12:00
– Authorization reflects Company’s balanced approach to capital allocation to deliver value for shareholders – – Company to close Q3 with $75 million in cash; repurchase complements ongoing organic growth initiatives – VANCOUVER, British Columbia, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) today announced that its Board of Directors has unanimously approved a US $10 million share repurchase authorization for up to 5,687,000 common s ...
Curaleaf Expands Anthem Brand Portfolio with Launch of Anthem Bold Infused Pre-Rolls, Celebrating American-Grown Cannabis
Prnewswire· 2025-09-29 11:45
Accessibility StatementSkip Navigation New infused line extension pairs bold flavor with American tradition, now available at Curaleafstores in Arizona, Illinois, New Jersey, and New York STAMFORD, Conn., Sept. 29, 2025 /PRNewswire/ --Â Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading international provider of consumer cannabis products, today announced the launch of Anthem Bold, a new infused pre-roll line that expands the Company's growing Anthem brand portfolio. ...
Avant Brands Recognized as One of Canada's Top Growing Companies by The Globe and Mail for Third Consecutive Year
Accessnewswire· 2025-09-29 11:30
KELOWNA, B.C. / ACCESS Newswire / September 29, 2025 / Avant Brands Inc. (TSX:AVNT)(OTCQX:AVTBF)(FRA:1BUP) ("Avant" or the "Company"), a leading producer of innovative and award-winning cannabis products, today announced it has been recognized as one of Canada's Top Growing Companies in The Globe and Mail's 2025 Report on Business. ...
MariMed Announces Third Quarter 2025 Earnings Date
Globenewswire· 2025-09-29 11:30
NORWOOD, Mass., Sept. 29, 2025 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading cannabis consumer packaged goods company and retailer, announced today it will report its third quarter 2025 financial results on November 5, 2025 after the markets close. Management will host a conference call on November 6, 2025 at 8:00 a.m. EDT to discuss financial results. A webcast will be available and can be accessed via MariMed’s Investor Relations website at MariMed Q325 ...
US cannabis stocks soar 20% after Trump endorses CBD's benefits for seniors
Invezz· 2025-09-29 10:43
Following a social media post by US President Donald Trump over the weekend, which suggested potential health benefits from cannabidiol use, shares of cannabis companies rose in early premarket tradin... ...
Stocks Set to Open Higher as Bond Yields Fall, Trump’s Shutdown Talks in Focus
Yahoo Finance· 2025-09-29 10:11
Group 1: Market Performance - Wall Street's major equity averages ended in the green, with Electronic Arts (EA) surging over +14% after reports of advanced talks to go private in a roughly $50 billion deal [1] - Chip stocks rallied, with GlobalFoundries (GFS) climbing more than +8% and Intel (INTC) rising over +4% following news of potential U.S. policy requiring domestic chip manufacturing [1] - Paccar (PCAR) advanced more than +5% after President Trump announced a 25% tariff on heavy truck imports [1] - Costco Wholesale (COST) fell over -2% after reporting weaker-than-expected FQ4 U.S. comparable sales growth, making it the top percentage loser on the S&P 500 and Nasdaq 100 [1] Group 2: Economic Indicators - The core PCE price index rose +0.2% month-over-month and +2.9% year-over-year in August, aligning with expectations [5] - U.S. personal spending climbed +0.6% month-over-month, exceeding expectations of +0.5% [5] - Personal income rose +0.4% month-over-month, stronger than the expected +0.3% [5] - The University of Michigan's consumer sentiment index for September was unexpectedly revised lower to a 4-month low of 55.1, weaker than expectations of 55.5 [5] Group 3: Federal Reserve Insights - Richmond Fed President Tom Barkin noted limited risk of further deterioration in unemployment and inflation despite divergence from targets [7] - Fed Vice Chair for Supervision Michelle Bowman emphasized the need for decisive action to address labor market fragility [7] - Cleveland Fed President Beth Hammack stated the necessity of maintaining a restrictive monetary policy to achieve the 2% inflation target [7] Group 4: Upcoming Economic Data - The U.S. September Nonfarm Payrolls report is anticipated, with expectations of a "soft" report that could support further rate cuts [9] - Additional insights into the labor market will come from JOLTs Job Openings, ADP Nonfarm Employment Change, and Initial Jobless Claims [9][10] - Notable data releases include the Consumer Confidence Index, Chicago PMI, and various PMIs related to manufacturing and services [10] Group 5: Corporate Earnings and Market Movements - Several notable companies, including Nike (NKE), Carnival (CCL), and Paychex (PAYX), are set to release quarterly results this week [12] - Merus N.V. (MRUS) jumped over +38% in pre-market trading after Genmab agreed to acquire the company for $8 billion [20] - U.S.-listed cannabis-related companies saw significant gains in pre-market trading following President Trump's comments on hemp-derived cannabidiol [20]
S&P 500, Nasdaq climb as investors brush off shutdown woes, hawkish talk
Yahoo Finance· 2025-09-29 09:37
By Niket Nishant and Sukriti Gupta (Reuters) -The S&P 500 and the Nasdaq indexes rose on Monday, rebounding from last week's declines, as investors shrugged off fears of a looming government shutdown and hawkish remarks from a Federal Reserve official. The surge underscores a strong risk-on sentiment among investors, whose expectations of a dovish Fed have helped equities sustain lofty valuations, even amid persistent inflation concerns and labor market uncertainties. "Dip buyers keep being rewarded i ...