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Cannabis stocks surge as Trump signals shift on US marijuana policy

US-listed cannabis stocks saw sharp premarket gains on Friday after fresh reporting pointed to a possible change in federal marijuana policy under President Donald Trump. The development revived investor focus on regulatory risk, funding constraints, and the industry’s long-stalled growth prospects. An article published by the Washington Post said Trump is expected to push the

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Business

Tilray stock price pumps after latest Trump cannabis reclassification news

Tilray Brands stock price has rebounded in the past three days, and chances are that the surge will accelerate as a new catalyst emerges. TLRY rose to $8.43, a few days after the company completed its reverse stock split. It has now jumped by 21% from its lowest point this month.  Trump to push for

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Business

This penny stock is gearing up for a 2026 moonshot

HIVE Digital Technologies stock (CVE: HIVE) has seen some massive growth recently. In the second quarter, the company posted a whopping 285% jump year-on-year in its revenue to a record $87.3 million. Currently, the stock trades around $4.00, but analysts see potential for over 100% upside, citing the company’s dual mining-and-AI strategy as a long-term

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Commodity wrap: silver hits record high, gold climbs past $4,300, oil remains flat

Gold prices hit a seven-week high on Friday due to a soft dollar and rising safe-haven demand. Meanwhile, silver continued to hit record highs as the price inched up to $64 per ounce for the first time ever. Oil prices were largely flat after spending most of the day in the red on concerns over

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Business

Coupang stock stuck in a bear market after breach: will it rebound?

Coupang stock price has suffered a big reversal in the past few months as a major data breach affected its outlook. CPNG plunged to a low of $25.80, its lowest point since May and ~25% from its highest point this year. So, will the stock rebound as it nears a death cross? Coupang stock price

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Business

Europe bulletin: Elon Musk’s X battles EU, UK deepens US trade talks, Ukraine peace efforts falter

Europe is dealing with a full spectrum of political and economic flashpoints today. Musk’s X is in open confrontation with the EU after a major transparency fine, London is pushing deeper into high-stakes trade talks in Washington, and Ukraine is resisting US pressure over a contentious peace framework. Meanwhile, farmers across Greece are bringing the

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Business

Morning brief: SpaceX targets record IPO as Asian markets hold steady ahead of Fed decision

Global markets opened on Wednesday on a cautious note as investors balanced major corporate developments with heightened macroeconomic uncertainty. SpaceX’s push toward what could become the largest initial public offering in history, alongside muted trading across Asian markets ahead of the US Federal Reserve’s rate decision, shaped the early-session sentiment. Additional headlines included Amazon’s expanded

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Business

Tesla stock: why buying the hype could cost you thousands

Tesla stock (NASDAQ: TSLA) is among the most popular shares on Wall Street, with retail investors ready to load up on the dips. But recently, the risk of betting on Tesla stock has grown exponentially. Morgan Stanley’s first downgrade in over two years has exposed what the market has quietly known for months: Tesla’s stock

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Business

What to expect from Oracle’s Q2 results?

Oracle Corp. heads into its fiscal second-quarter earnings report facing mounting scrutiny from investors, who have grown increasingly uneasy about the software giant’s rising leverage, heavy capital expenditures, and concentrated exposure to artificial intelligence demand. The mood marks a sharp reversal from three months ago, when optimism around Oracle’s cloud pipeline drove the stock to

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Business

Global funds chase Swiggy shares as India’s quick commerce battle heats up

Swiggy’s latest fundraising effort has become a focal point for global and domestic investors as India’s quick commerce sector enters an intense phase of expansion. The company launched a major share sale on Tuesday, one year after its market debut, drawing attention from funds seeking exposure to India’s fast-growing e-commerce environment. The offer comes at

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