Cannabis companies are seeing their stocks rise across the board. It seemsSundial’s(SNDL) recent earnings beat and promising comments fromTilray’s(TLRY) CEO have investors confident. TLRY and SNDL are both up around 6%, whileCanopy Growth(CGC) enjoys a massive 16% jump. Cannabis stocks are the talk of Wall Street today as a number of these green producers produced healthy gains. It seemsSundial’s(NASDAQ:SNDL) earnings beat and new, promising comments from theTilray(NASDAQ:TLRY) chief executive have investors hopeful for the burgeoning industry.So, what is going on with marijuana stocks today?Well, first up is Sundial. The Canada-based cannabis and alcohol producer released its second quarterearnings resultsthis morning. The company managed to surpass revenue expectations, announcing surpri

Phunware(PHUN) stock is climbing on news that Elon Musk is abandoning hisTwitter(TWTR) bid. As a "Trump stock," Phunware tends to move alongside special purpose acquisition company (SPAC) Digital World Acquisition (DWAC). PHUN stock is currently up more than 10%. Source: ShutterstockPhunware(NASDAQ:PHUN) stock is up more than 10% today, rallying on news that Elon Musk is abandoning his planned acquisition ofTwitter(NYSE:TWTR).Phunware is an integrated software company also known as a “Trump stock,” associated with former President Donald Trump’s presidential campaigns. Shares of PHUN closely track the movements ofDigital World Acquisition (NASDAQ:DWAC) as well, the special purpose acquisition company (SPAC) takingTrump Media & Technology Grouppublic. DWAC stock is climbing 10% tod

There are a lot of shortages in the world right now, but there’s no shortage of controversy surrounding Twitter (NYSE:TWTR). Investors might feel nervous about holding onto TWTR stock, but there’s no need to panic-sell your shares. Overall, the nervousness is really just a by-product of uncertainty. After all, if financial market traders hate anything, it’s uncertainty; But that’s just a part of long-term investing. Nonetheless, it’s important to be aware of the buzz and the hubbub surrounding Twitter now. At the same time, though, you can do what sensible investors always do: let the hard data inform your financial decisions. What’s Happening with TWTR Stock? “I consider the Musk/Twitter episode a sideshow to serious investing. It’s interesting to watch, and will be fascinating to see the

The steep selling in U.S. markets has felt relentless in the first half, and even the best Asian stocks got caught in the tide.Despite already falling into a bear market territory, the U.S. indices still trade above fair value. When considering interest rates have further risen as the Federal Reserve battles rampantinflation, investors should diversify geographically. And the best Asian stocks, already at a deep discount, also have strong growth prospects ahead.Worldwide, all but one of the central banks are raising interest rates. China’s central bankis the exception. This suggests that the country is willing to continue an accommodating monetary policy. It wants to stimulate economic growth while the world tightens credit conditions.In Singapore, the online retailer and gaming firmSea(NY

DATA centre-focused Keppel Data Centre (DC) Reit : AJBU 0% reported a marginal increase in first-quarter distribution per unit (DPU) of 0.2 per cent to S$0.02466, up from S$0.02462 a year earlier. In its business update for the first-quarter ended Mar 31, the real-estate investment trust (Reit) posted a 1.4 per cent decline in net property income to S$60.1 million, down from S$61.0 million a year earlier. Gross revenue fell 0.9 per cent to S$66.1 million, down from S$66.7 million year-on-year. Still, distributable income rose 5.9 per cent to S$44.5 million, from S$42.0 million the year before. The Reit’s manager attributed this to recent acquisitions and investment in debt securities. These gains were partially offset by lower contributions from its Singapore assets as a result of provisio

GameStop (NYSE:GME) never ceases to amaze. The beleaguered video game retailer beat top-line estimates for the fourth quarter and counteracted the negative secular trends in its software sales. Nevertheless, its operating expenses outpaced its top-line growth by a hefty margin, spoiling what was otherwise an interesting quarter for GME stock. GameStop was the ‘original meme-stock.’ Its shares surged to unfathomable heights early last year before shedding most of those gains in subsequent months. Nevertheless, those looking for long-term value with the company found nothing. Several analysts, including myself, have talked about the inability of GameStop to stay abreast with the step-changes in the gaming industry. However, in its most recent quarter, the top-tier management is finally takin

After cratering during the market sell-offs earlier this year, positive news has kept Shopify (SHOP) from falling further. However, this news does little to change the story, don't view this as a sign that there's a recovery ahead. Instead, as growth continues to slow down, expect a further drop for SHOP stock. Source: Burdun Iliya / Shutterstock.comLike similar pandemic-era high-fliers, shares inShopify(NYSE:SHOP) have seen a big price cut so far in 2022. Adjusting forits recent stock split, SHOP stock started off the year changing hands for around $136.31 per share.Today? It’s trading for around $35 per share. That’s a more than a 74% drop. Yes, over the past month, shares in the e-commerce software provider have more or less been rangebound. A bit of positive news (more below) helped th

Like most growth stocks,Airbnb(ABNB) is losing market cap in 2022. Despite being down 39% year-to-date, ABNB stock remains a good long-term buy. It all comes down to free cash flow. It’s got plenty and it’s growing by the day. In May,Airbnb(NASDAQ:ABNB) decided toexit its businessin China. It was pulling all of its Chinese listings. The move did little to hurt ABNB stock. It’s moved sideways in the month since.The company decided to focus its efforts in China on outbound travel of Chinese residents looking to stay at Airbnb short-term rentals in other parts of the world. After Airbnb’s brush with death in 2020 due to losing 80% of its business in two months, CEO Brian Chesky is more interested in profitable growth.The resilience showed during the pandemic has accelerated its learning curve

$GENTING SINGAPORE LIMITED(G13.SI)$ The big shareholder groups in Genting Singapore Limited (SGX:G13) have power over the company. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. We also tend to see lower insider ownership in companies that were previously publicly owned. Genting Singapore has a market capitalization of S$10.0b, so it's too big to fly under the radar. We'd expect to see both institutions and retail investors owning a portion of the company. Taking a look at our data on the ownership groups (below), it seems that institutions own shares in the company. Let's take a closer look to see what the different types of shareholders can tell us about Genting Singapor

Cloud czars likeAmazon (AMZN) stock still sell at very high multiples to earnings. They offer profitable growth and pay their capital costs with cash. When the going gets tough, the cloud czars can keep growing. While every analyst with an Excel spreadsheet was demanding that they pay dividends, cloud czarsAmazon (NASDAQ:AMZN) andAlphabet(NASDAQ:GOOGL) held firm.It’s a tech tradition like no other. Tech companies husband cash when times are good so they can keep growing when times are tough. The joke is, “Dividends mean we don’t have anything better to do with the shareholders’ money.”You can see it inAmazon’s first quarter report.Free cash flow was negative $18.1 billion for the 12 months ending in March. Yet Amazon had$15 billionin capital spending during the quarter. This was

let’s look at some excellent undervalued stocks to buy. First, you need to consistently look for quality business models. And remember, this week may be just as violent as last week. Several Federal Reserve leaders are scheduled to speak, including Fed chairman Jerome Powell. In addition, this will be a monthly options expiration on Friday. They tend to bring extra drama.Meanwhile, it’s important to keep a cool head and go on with the homework. Many of these stocks have been punished hard in 2022. Catching these falling knives qualifies as risky behavior. Therefore investors must use common sense and not excessive size.If we continue correcting later this week, even the best ideas will temporarily fail. Therefore I continue to preach moderation and flexibility.Palantir (PLTR)In the pa

CrowdStrike (NASDAQ:CRWD) stock is falling despite a positive earnings report from the cybersecurity company.The first-quarter fiscal 2023 earnings report from CrowdStrike starts with adjusted earnings per share of 31 cents. That beat out Wall Street’s estimate of 23 cents per share for the period. It’s also an improvement over the 10 cents per share reported in the first quarter of fiscal 2022.Another highlight from the earnings report is revenue of $487.8 million. That’s another beat compared to the $465.2 million that analysts were expecting for the quarter. It also represents a 61% year-over-year increase from the $302.8 million reported in Q1 fiscal 2022.More positive news from the earnings report comes from CrowdStrike’s outlook for fiscal 2023. It’s expecting adjusted EPS ranging fr