Finanace

Cannabis stocks took a nosedive on Thursday with many of the sector’s best performers a day earlier surrendering those gains, as the relentless buying in recent weeks amid growing hopes for reforms of strict U.S. laws came to a screeching halt.The Cannabis ETF THCX, -18.89% tumbled 18.1% in afternoon trading, putting it on track for its biggest one-day … [Read more...] about Cannabis stocks nosedive as rally driven by hopes for U.S. reforms comes to a screeching halt

BloombergThis Crypto Kid Had a $23,000-a-Month Condo. Then the Feds Came.(Bloomberg) -- Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading.Buoyed with youthful confidence, Qin, a self-proclaimed math prodigy from Australia, dropped out of college in 2016 to start a hedge fund in New York he called Virgil Capital. He told potential clients he had … [Read more...] about Inter Pipeline Surges Above Price of Brookfield’s Hostile Offer

Cannabis stocks fell sharply across the board Thursday, with many of the sector's best performers a day earlier surrendering all those gains. Tilray Inc. TLRY, -41.34% was last down 40%, while Aphria Inc. APHA, -30.63% APHA, -29.94%, with which it is merging, was down 27%. The stocks and other cannabis names have … [Read more...] about Cannabis stocks crater as sector rally screeches to a halt

BloombergThis Crypto Kid Had a $23,000-a-Month Condo. Then the Feds Came.(Bloomberg) -- Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading.Buoyed with youthful confidence, Qin, a self-proclaimed math prodigy from Australia, dropped out of college in 2016 to start a hedge fund in New York he called Virgil Capital. He told potential clients he had … [Read more...] about Tilray Gets Dose of Reality as Pot Stocks Reverse Gains

BloombergThis Crypto Kid Had a $23,000-a-Month Condo. Then the Feds Came.(Bloomberg) -- Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading.Buoyed with youthful confidence, Qin, a self-proclaimed math prodigy from Australia, dropped out of college in 2016 to start a hedge fund in New York he called Virgil Capital. He told potential clients he had … [Read more...] about SkyBridge’s Scaramucci puts $100,000 price target on Bitcoin, sees more money managers and CFOs adopting it