The FDA contemplates defining marijuana as a lower-risk drug. Here’s what that means to investors
Elon Musk’s appearance on the Joe Rogan Experience podcast in 2018, where he smoked cannabis on camera, sent ripples through the business and cannabis worlds. This act, though seemingly innocuous, had significant repercussions for Musk, especially considering SpaceX’s federal contracts and the federal illegality of cannabis in the United States. The incident led to Musk…
Examining 134 elections in 17 countries: Stock-market lessons for investors.
A recent study by Citi examined the stock market impact of 134 elections held in 17 different countries, excluding periods of volatile global markets such as the global financial crisis and the COVID-19 pandemic. One of the main findings of the study is that elections generally do not have a significant impact on equity markets….
Wall Street Continues to Climb, Adding to Record High
Wall Street continues to rise and add to its record high, with the S&P 500 up 0.2% and the Dow Jones Industrial Average rising 0. 4%. Macy’s stock climbed 2% after rejecting a buyout offer, SolarEdge Technologies rose 4. 8% following its announcement of job cuts, and NuStar Energy jumped 14.6% after a deal with…
AMD’s Strategic Edge: Accelerating Towards Record Highs in the AI Market
At Traders on Trend, we’re diving into the latest developments surrounding Advanced Micro Devices (AMD), a key player in the tech industry, particularly after its recent investor day event. This event, while not drastically altering analyst perspectives, did shed a positive light on AMD’s future prospects, especially in the burgeoning accelerator market. AMD’s MI-300 series…