U.S. stocks jumped as corporate earnings reports provided a respite from tensions over trade and geopolitics. The dollar declined. The S&P 500 Index rallied back above its 200-day moving average amid a spate of mostly positive results from the likes of Goldman Sachs Group Inc. and Johnson & Johnson.
Uber's Eye Popping Possible $120B IPO
Uber Technologies Inc. recently received proposals from Wall Street banks valuing the ride-hailing company at as much as $120 billion in an initial public offering that could take place early next year, according to people familiar with the matter.
U.S. Small-Cap Stocks Best Place to Hide From A Trade War?
With a suite of global trade conflicts seeming to worsen by the day, investors are acknowledging that we could be heading into a period of serious disruption, and by this, they are scouring their portfolios for opportunities to protect themselves.
You Should Buy This Fast Food Giant Now
Marketwide stock declines may have investors questioning whether their stock picks are dropping for the right reasons, so on Monday, CNBC’s Jim Cramer decided to pinpoint a winner on the decline: Yum Brands.
The Alkaline Water Company Inc. (TSXV and OTCQB: WTER) Brand Extends into Drugstore Channel, Distribution Exceeds 47,500 Retail Outlets
The Alkaline Water Company Inc. (TSXV and OTCQB: WTER) has announced their 2018 drustore strategy, adding over 7,500 locations in one of the largest drugstore chains in the US. This extends their national distribution to over 47,500 retail outlets across the US.
5 Blue-Chip "Marijuana Stocks" To Own Now
The legality of cannabis - marijuana - within the United States is a gray area. It's illegal in all forms at a federal level, but the nation's Drug Enforcement Agency and other law-enforcement arms have largely decided to turn a blind eye to states that have legalized cannabis one way or another.
Nevertheless, the cannabis industry to date remains fragmented, served only by relatively small marijuana stocks and private companies that lose money more often than not. The missing ingredient: scale, or size.
While so-called "mom 'n' pop" shops may be able to eke out reliable profits, attempts at mass marketing have largely been fiscal failures. The cannabis business needs bigger backers if it's going to become a mass-market product. But Fortune 500 companies have mostly opted to steer clear given the inconsistent and unclear legalities.
That's changing, though. A handful of large, prominent companies are signaling that this market is becoming big enough to address. Today, we'll give you a rundown of five blue-chip "marijuana stocks" to watch. Just note: These are enormous multinationals bringing in billions of dollars in revenues. Merely dipping a toe into the cannabis business won't make these stocks suddenly double overnight. Instead, they offer ways to invest in sound, profitable businesses ... with the potential for a little additional marijuana upside.
SEE ALSO: The 25 Best Stocks to Buy (According to Hedge Funds)
How Investors Need To Play A Soaring Market
The S&P 500 rose by more than 7% in the third quarter, which ended Friday. That's the strongest quarter for the index in nearly five years. The Dow spiked 9%, while the Nasdaq grew by 7%. All three major indexes are near record highs. History suggests the growth could continue. Since 1945, the S&P has risen an average of 3.8% in the fourth quarter after it makes gains in the third quarter, according to Sam Stovall of CFRA Research.
CBD Beverage Stocks Are Pouring Investor Profits
CBD Beverage companies are already making investors rich. Three Fortune 500 companies are making plans to move into cannabinoid drinks—one for the adult-only market, two for the non-alcoholic beverage market.
Alkaline Water Company To Up-List on NASDAQ
The Company has submitted its application to list its common shares on the NASDAQ Capital Market ("NASDAQ"). By up-listing to NASDAQ, the Company believes it will gain new exposure and access to a larger base of retail and institutional investors in both the US and internationally.
Stocks Pop After New US-Canada-Mexico Deal
The stock market appears to like the new trade agreement between the United States, Canada and Mexico. Stocks popped after all three countries agreed to an 11th hour deal to replace NAFTA.
The Alkaline Water Company Inc. (TSXV: WTER; OTCQB: WTER) submits NASDAQ Application and closes Private Placement
The Alkaline Water Company Inc. (TSXV: WTER; OTCQB: WTER) has submitted its application to list its common shares on the NASDAQ Capital Market and closed a private placement financing for $4M CDN
Keurig Dr. Pepper Buys Core Nutrition
One of a growing set of insurgent premium water brands was taken off the table this morning when Keurig Dr Pepper (KDP) announced that it had agreed to buy CORE Nutrition, the maker of CORE Hydration and CORE Organics, for $525 million.
