July 23, 2024 at 1:51 pm

Stocks making the biggest moves midday: Spotify, United Parcel Service, Pentair and more

Here are the corporations making waves during the midday trade: Spotify Technology’s shares soared by 12% following a second-quarter report that outperformed expectations. Analysts maintain a moderate optimism, despite a slight slump in active user counts, drawing attention to an excellent margin performance and the company’s focus on bundled services and premium subscribers. United Parcel… [Read More]
July 23, 2024 at 12:36 pm

Mammoth (TUSK) Moves Ahead in PRISM Oil and Gas Index on Settlement Agreement, up ~24%

The PRISM Oil and Gas Index is currently led by Mammoth Energy Services (TUSK) on an announcement related to its wholly owned subsidiary, Cobra Acquisitions LLC regarding a settlement agreement it has entered into with the Puerto Rico Electric Power Authority (“PREPA”) and the Financial Oversight and Management Board for Puerto Rico (“FOMB”), acting as… [Read More]
July 23, 2024 at 12:01 pm

Lockheed Martin has exceeded Wall Street’s predictions

Lockheed Martin has exceeded Wall Street’s predictions reporting second-quarter earnings that went beyond expectations. This news delighted investors, as Lockheed announced earnings per share of $6.84 from a sales revenue of $18.1 billion. Previous estimates from Wall Street predicted an earning per share of $6.46 with a sales revenue of $17 billion. The reports led… [Read More]
July 23, 2024 at 11:39 am

Spotify Stock Soars. Record Earnings fueled by price hikes.

Boosts in Spotify’s pricing are reaping benefits. The Swedish audio streaming company has demonstrated solid Q2 earnings and unprecedented profit margins, thanks to its increased rates for premium users – a move that has resonated positively in the marketplace. After the morning bell on Tuesday, Spotify Technology shares rose approximately 14% to $335, despite a… [Read More]
July 23, 2024 at 8:48 am

Stocks making the biggest moves premarket: Spotify, General Motors, Coca-Cola and more

Here’s a glance at some buzzworthy companies before the market opens: Spotify Technology’s stock experienced a significant 13% increase following a surpassing of estimations in the company’s Q2 earnings. Their gross margin and operating income also exceeded predictions. General Motors saw a 4.6% boost after Q2 estimations were comfortably exceeded. The car manufacturer also announced… [Read More]
July 22, 2024 at 5:59 pm

Emerging PRISM Index Cannabis Companies Slated to Report Earnings

Today the PRISM Emerging Cannabis Index was a on a high as every name comprising the index ended the day green with the exception of Clever Leaves (CLVR) who remained flat. The largest leader of the group was Canopy Growth Corporation (CGC) with a daily gain of ~17% and the smallest gainer, High Tide, Inc…. [Read More]
July 22, 2024 at 1:43 pm

Tech Stocks Rebound Ahead of Earnings: Markets Wrap

US stocks bounced back after experiencing their worst week since April, as investors shifted their focus to the upcoming tech earnings season and looked past political uncertainties. Market Highlights: Rebound in Megacap Stocks: The Nasdaq 100 rose by 1%, with significant gains in the megacap space. The S&P 500 climbed to 5,545, while the Russell… [Read More]
July 22, 2024 at 12:24 pm

MIRA Pharmaceuticals (MIRA) Up Over 400% on Positive Preclinical Study Results Related to Ketamine in Treatment of Neurological Disorders

Today the leading pre-clinical pharmaceutical company, MIRA Pharmaceuticals, Inc. (MIRA) announced new preclinical study results for its novel oral ketamine analog, Ketamir-2 which, is under investigation for its potential in treating neurological and neuropsychiatric disorders, including depression, treatment-resistant depression (TRD), and post-traumatic stress disorder (PTSD). MIRA is in the process of submitting an Investigational New… [Read More]
July 22, 2024 at 12:22 pm

Gute Nachrichten! Tilray (TLRY) Receives First New Cannabis Cultivation License in Germany

PRISM Cannabis Index company Tilray Brands, Inc. (TLRY), a global leader in cannabis research, cultivation, production, and distribution, announced today that its German cannabis cultivation facility, Aphria RX GmbH, has received the first new cannabis cultivation license issued under Germany’s new Cannabis Act, MedCanG. This license enables Aphria RX to cultivate and manufacture a wide… [Read More]
July 22, 2024 at 9:35 am

aTyr Pharma Completes Enrollment for Landmark Pulmonary Sarcoidosis Study

aTyr Pharma, Inc. (Nasdaq: ATYR), a clinical-stage biotechnology company, announced the completion of enrollment in its global pivotal Phase 3 EFZO-FIT™ study. The study targets patients with pulmonary sarcoidosis, a significant form of interstitial lung disease (ILD) with limited treatment options. ILD includes over 200 types of rare lung diseases characterized by varying degrees of… [Read More]
July 22, 2024 at 8:58 am

Stocks making the biggest moves premarket: CrowdStrike, Bank of America, Nvidia, Verizon and more

Here are the companies grabbing headlines before the market opens today: CrowdStrike is garnering attention as its cybersecurity shares fell by 4% following Guggenheim’s downgrade from buy to neutral. Guggenheim predicts that the global outage will affect the company adversely. Nvidia’s shares climbed 2% as it plans to introduce its new Blackwell chips for Chinese… [Read More]
July 19, 2024 at 2:46 pm

ChargePoint (CHPT) Powers Forward: Leading the NEVI Program with First Phase Completion in Rhode Island

PRISM Emerging EV Index company, Chargepoint (CHPT) is a leading provider of networked charging solutions for electric vehicles (EVs). Today the company announced its ongoing leadership in enabling DC fast charging at locations funded by the National Electric Vehicle Infrastructure (NEVI) program. Two newly opened ChargePoint sites along Interstate 95 in Rhode Island have made… [Read More]