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dvulikaia/iStock via Getty Images A recently published study found that each cannabis legalization event that happened between 1996 and 2018 in the U.S. caused generic and branded pharma companies to lose ~$10B in market cap on average, implying a sales impact of $3B. Scientists argue that their findings, that highlight the market’s…

Stocks finished mixed on Friday as bond yields soared following the stronger-than-expected July jobs report.At the closing bell, the tech-heavy Nasdaq was the day's biggest laggard among the equity indexes, falling 0.5%, while the S&P 500 fell 0.2%, and the Dow rose 0.2%.In July, the U.S. economy added 528,000 jobs as the unemployment rate…

Wall Street expects companies to post smaller profits as the economy slows and inflation persists. Earnings projections have dipped even though recent quarterly reports have been relatively strong. David Kostin of Goldman Sachs rounded up the…

29 Mins AgoCNBC Pro: Forget Big Tech. Bernstein likes these global stocks from an 'unloved' part of tech — and moreHigh interest rates are usually bad for tech stocks, and they're now a key macroeconomic risk for "expensive" ones in particular — but two parts of the sector are in a good position, according to Bernstein.One of them is "the…

U.S. equity futures were lower Monday, putting Wall Street on track to take a breather after another positive week, as traders braced for big retail earnings.Futures tied to the Dow Jones Industrial Average fell 199 points, or 0.59%. S&P 500 futures and Nasdaq 100 futures dipped 0.6% and 0.38%, respectively. Monday's moves come after…

Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures. Palo Alto Networks (PANW) and Cisco Systems (CSCO) dived late on guidance with Walmart (WMT) and Alibaba (BABA) on tap. X The stock market rally added to Tuesday's broad, powerful gains but closed off well off Wednesday's intraday highs.…

House Speaker Nancy Pelosi is planning her next move after an an expected Republican victory in November.Sources tell FOX Business' Maria Bartiromo that Pelosi wants President Biden to nominate her to become the next U.S. ambassador to Italy if the GOP takes the House majority in the midterm elections.Sources tell Bartiromo that Biden is…

Dublin, Nov. 13, 2023 (GLOBE NEWSWIRE) -- The "Platysmaplasty Treatment Market Size, Share & Trends Analysis Report By Gender (Male, Female), By End-use (Cosmetic Surgery Clinics, Hospitals), By Region, And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering, projecting a market boom to USD 1.89…

The standoff between China and Taiwan (and the U.S.) has heightened tensions to their highest level in decades but — so far at least — economic observers haven’t seen a worst-case scenario.The island’s crucial semiconductor industry has dodged a direct hit and, while China currently has Taiwan effectively blockaded, that is expected to end this…

Comment on this storyCommentAdd to your saved storiesSaveThe war in Ukraine has shown the value of low-cost drone swarms in modern warfare. Now the Pentagon is planning to build an army of thousands of small, cheap drones in hopes of spurring U.S. drone production and cutting China’s dominance of that market.American drone makers are hoping the…