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Uber Technologies (NYSE:UBER) In Negotiations To Acquire Grubhub Inc. (NYSE:GRUB) In An All-Stock Deal

Uber Technologies (NYSE:UBER) has reportedly offered to acquire Grubhub Inc. (NYSE:GRUB) in an all-stock deal that could be finalized this month. This is seen as a move that will enhance its food-delivery service despite the company shuttering parts of the service abroad. Grubhub wants 2.15 Ubers shares for each of its shares Sources familiar with […]

Are Cannabis Stocks Waking Back Up? (GTBIF, NUGS, TLRY, CURLF)

Big tech stocks are overvalued. Banks are overvalued. Airlines are heading towards government assistance to avoid bankruptcy. Restaurant and hotel stocks are teetering on the verge of oblivion. But one group of stocks no longer in the bullish sentiment spotlight is suddenly putting up triple-digit percentage top-line growth after plummeting to chronic oversold levels for […]

Capital Flowing Back into Cannabis Stocks (GWPH, CGC, MCTC, TCNNF)

Cannabis investors have been burnt by oversupply and a proliferation of pretenders over the past two years. But the sun is finally starting to come back out from behind those clouds over the past month, with many survivors starting to show signs of thriving in the post-purge world that now defines the space. The pandemic […]

PNC Financial Services Group (NYSE:PNC) To Sell Its Entire 22% Interest In BlackRock Inc. (NYSE:BLK)

PNC Financial Services Group (NYSE:PNC), which is BlackRock Inc.’s (NYSE:BLK) largest stockholder, has indicated that it will sell its stake of around $17.3 billion in the asset management company to fee up the bank to consider potential acquisitions. PNC is selling its 22% stake in BlackRock On Monday, Blackrock indicated that the Pittsburgh-based financial institution […]

The Cannabis Resurgence: Five Stocks to Watch (TLRY, SGMD, HRVSF, CRLBF, APHA)

The cannabis space is undeniably in a turnaround phase. Individual names in the space have been establishing a series of higher highs and higher lows defining new upward trends. And the space is still moving under the radar in terms of crowd speculation. That’s generally the best scenario when it comes to identifying sector-based opportunities. […]

Johnson & Johnson (NYSE:JNJ) Targets at least 1 Billion Vaccines in 2021

Johnson & Johnson (NYSE:JNJ) is working on a vaccine with a goal of 1 billion tests in 2021. According to Dr. Paul Stoffels, the Chief Scientific Officer at J&J, the company “is increasing its manufacturing and preparing for clinical trials in September.” The clinical trials should provide sufficient data to facilitate development of the vaccines […]

Smart Money Moving Into Chinese Stocks (ZTO, BABA, PLIN, PDD)

China has been in the news almost constantly in recent months as the COVID-19 global pandemic wreaks havoc in over a hundred countries around the world. The outbreak took root in China, but the Chinese appear to have handled it better than many countries. Perhaps that’s because they protected an information and supply advantage. Perhaps […]

The Coronavirus Coping Portfolio (QDEL, GILD, QBIO, CYDY)

The COVID-19 pandemic has forced a dramatic realignment of social, cultural, and economic agendas because, in all cases, the healthcare issue has priority. It’s not a genuine public debate – if you don’t solve the healthcare crisis, you can’t solve any of the other crises that have been boiling over in the public discourse. That […]

Visa Inc. (NYSE:V) Puts Off US Interchange Fee Changes Until Next Year Because Of COVID-19

Visa Inc. (NYSE:V) has announced that it will delay expected US interchange changes and fees up to April next year. The company has cited disruptions due to the coronavirus pandemic for the postponement of the changes. Similarly, the company has confirmed a six-month delay of the EMV liability shift for gas owners for them to […]

Amazon.Com Inc. (NASDAQ:AMZN) AWS Engineer Resigns Because Of “Chickenshit” Move To Fire Vocal Employees

Amazon.com Inc. (NASDAQ:AMZN) engineer and VP Tim Bray caused a stir following the announcement that he was resigning from the company. Bray announced that his final day with Amazon was on May 1, citing the retail giant’s firing of whistleblowers. Through a blog post, the Amazon Web services engineer indicated that he was leaving the […]

Walmart Inc (NYSE:WMT) Unveils New Service Called Express Delivery

Walmart Inc (NYSE:WMT) has unveiled Express Delivery, which happens to be an outstanding delivery service. The business guru expresses great confidence in the latest service, outlining that it will make it possible to ship products to customers within a timeframe of two hours. It was on Thursday that the business guru appealed to customers to […]

Five Pot Stocks with Next Level Potential (CGC, HRVSF, NUGS, CRLBF, TLRY)

The action is heating back up in the cannabis patch. Bigtime. Investors have been taught to sit on the sidelines in these stocks because “they keep going down”. That’s what happens in a bear market. These stocks got too far ahead of themselves a couple years ago, and we were seeing ridiculous valuations on a […]

Winning the Next Leg of the Cannabis Bull (TLRY, MCTC, APHA, CURLF)

The Bear has been brutal for the cannabis space. It has ravaged the portfolios of “True Believer” investors in the space over the past 18 months. But experts, analysts, and top investors are starting to position for the next leg of the longer-term structural bull market, which began several years ago, and is likely to […]

United Airlines Holding Inc. (NASDAQ:UAL) Shares Dip After It Announces Fresh $1 billion Stock Offering

United Airlines Holding Inc. (NASDAQ:UAL) stock dropped 2% in extended trading on Tuesday after the carrier indicated that it is planning a new stock offering as it seeks to raise money as the COVID-19 pandemic affects travel demand. United Airline to raise $1 billion from the stock sale The airline indicated that it will offer […]

Court In France Orders Amazon.com, Inc. (NASDAQ:AMZN) To Halt Delivery Of Products Outside Of Medicine, And Food Citing Poor Safety Conditions At Its Warehouses

A court in France has ordered Amazon.com, Inc. (NASDAQ:AMZN) to halt the delivery of all products outside medicines, food, and hygienic categories citing poor safety conditions at Amazon’s warehouses. As a result, Amazon will temporarily suspend the delivery in France for five days. The court ruling comes after the workers filed a complaint because the […]

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