When the US Food and Drug Administration (FDA) rejected Lykos Therapeutics’ new drug application for MDMA-assisted therapy last August, the initial disappointment cast a shadow over the psychedelics industry. However,…
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Business
Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook
by adminKrispy Kreme stock plunged 24% on Thursday morning after the doughnut chain said it is “reassessing” its rollout with McDonald’s and pulled its full-year outlook in part due to economic “softness.” Krispy Kreme…
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The stock market’s action on Wednesday was a bit like trying to pick a dinner spot with friends—lots of back and forth, but no real direction. The market started out…
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Trump’s latest Hollywood “hit” isn’t the kind you stream. Threatening to slap a 100% tariff on films produced in foreign countries, the president’s announcement rattled several media stocks like Netflix,…
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Finance
Crypto Market Recap: New Hampshire First for State Crypto Reserves, Trump’s Ventures Stir Controversy
by adminHere’s a quick recap of the crypto landscape for Wednesday (May 7) as of 9:00 a.m. UTC. Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up…
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Politics
Vance, conservatives blast Omar over resurfaced ‘fearful of White men’ clip: ‘Genocidal language’
by adminA resurfaced clip of Dem. Rep. Ilhan Omar, a member of the progressive ‘Squad’ in Congress, sparked a frenzy on social media this week with conservatives blasting the congresswoman over…
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Finance
Triumph Gold: Multi-million-ounce, District-scale Gold Assets in the Yukon Territory
by adminTriumph Gold (TSXV:TIG,OTC:TIGCF) is a Canadian gold exploration company well-positioned to benefit from a strengthening gold market. The company’s primary focus is advancing its 100 percent-owned Freegold Mountain Project, a…
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Here’s a quick recap of the crypto landscape for Friday (May 2) as of 9:00 p.m. UTC. Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up…
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The market does not always follow the same script or sequence, but bear markets typically end with a bottoming process marked by specific stages. These include capitulation, a short-term reversal-thrust,…
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In the truncated week due to one trading holiday, the markets extended their gains and closed the week on a positive note. While remaining largely within a defined range, the…
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The Liberal Party of Canada and Prime Minister Mark Carney will form a minority government following their victory in Canada’s national election on Monday (April 28). The Liberals won 168…