Booming Legal Cannabis Market to Continue Rising in 2022 and Beyond
The global cannabis market is continuing to grow rapidly thanks to increasing legalization and social adoption across the globe. According to a report by Vantage Market Research, revenue came in at US$12.8 billion in 2021 ... [Read]
Scotiabank and BMO Beat Earnings Forecasts, Hike Dividends
Scotiabank (TSX:BNS)(NYSE:BNS) and Bank of Montreal (TSX:BMO)(NYSE:BMO) kicked off Canadian big bank’s second-quarter results on Wednesday with better-than-expected earnings, which were helped by lower provisions for credit losses and continued loan growth. Mortgage growth and ... [Read]
Metaverse Could Contribute $3 Trillion to Global GDP Within a Decade
The Metaverse is more than just a buzzword. In fact, this virtual-reality world, which has the ability to transform education, health care, manufacturing, job training, communications, entertainment, and retail, could become a tangible and valuable ... [Read]
Take-Two Interactive Beats on Earnings, Reports Drop in Demand
Take-Two Interactive Software, Inc. (NASDAQ:TTWO) reported its fourth-quarter results on Monday after the closing bell. Profit was lower than a year ago but beat analysts’ estimates. The publisher of “Grand Theft Auto” reported a drop ... [Read]
Cineplex Reports Lower Q1 Loss and Higher Revenue, Shares Jump
Cineplex Inc. (TSX:CGX) reported its first-quarter 2022 results on Friday. Results were boosted by higher attendance and the release of anticipated movies. Strong Results Across All Business Lines The movie theater chain posted a first-quarter ... [Read]
Pan American Silver Beats On Revenue, Misses on Profit in Q1
Pan American Silver Corp. (TSX:PAAS)(NASDAQ:PAAS) reported Wednesday its results for the first quarter of 2022. The company owns and operates silver and gold mines located in Canada, Mexico, Peru, Bolivia, and Argentina. The silver stock ... [Read]
Penn National Gaming Beats On Revenue, Raises 2022 Guidance
Penn National Gaming, Inc. (NASDAQ:PENN), a provider of integrated entertainment, sports content and casino gaming experiences., reported higher revenues in the first quarter. Retail operations benefitted from strong volumes and significant database growth Strong Performance ... [Read]
Why Silvercorp Metals Is a Top Pick in the Silver Space
Demand for silver continues to grow and could hit a record in 2022. According to a report by the Silver Institute, global demand for silver is expected to reach 1.1 billion ounces this year, up ... [Read]
Coca-Cola Sales Jump 16% in First Quarter Thanks to Higher Prices
Coca-Cola (NYSE:KO) saw its sales increase in the quarter that ended April 1 thanks to the increase in the price of its products and sustained demand from consumers. Sales and Profit Beat Estimates The US ... [Read]
Netflix Stock Dips Nearly 40% After Losing Subscribers, Analysts Cut Ratings
Shares of Netflix (NASDAQ:NFLX) fell more than 35% in morning trading on Wednesday after the company posted a significant slowdown in revenue growth and an unexpected net loss in subscribers. While Netflix lost 200,000 subscribers ... [Read]