Stock Market News

  • TILT Holdings TLLTF is at a critical juncture as it explores divesting its plant-touching business (PTB), which generates 75% of its revenue but continues to struggle with declining margins. Massachusetts operations, contributing two-thirds of revenue, are under pressure from market saturation, while Pennsylvania's wholesale arm faces reduced purchases as vertically integrated operators prioritize in-house products.

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    Pyxis Tankers Inc. (NASDAQ:PXS ) Q3 2024 Earnings Conference Call November 22, 2024 8:30 AM ET Company Participants Eddie Valentis - Chairman & Chief Executive Officer Henry Williams - Chief Financial Officer Operator Good day, and welcome to the Pyxis Tankers' Conference Call to discuss the Financial Results for the Third Quarter 2024. I must advise you that the conference call is being recorded.

  • U.S. stocks have been on a tear over the past 12 months — momentum that is threatened in part by the potential for inflation-stoking tariffs under President-elect Donald Trump.

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    In recent days, financial market participants have remained pessimistic about AbbVie's prospects, mainly due to the data on clinical outcomes related to emraclidine. However, I believe Mr. Market overreacted to this news, given the increase in dividend payments and the full-year non-GAAP EPS. AbbVie continues to be a leader in the global immunology market, thanks in part to the strong performance of its two stars, Skyrizi and Rinvoq.

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    Matthews International Corporation reported strong earnings, with cost control and deleveraging progress, despite issues in the EV market and marketing limitations for battery technology. The launch of new products like the laser product and Acxiom, along with cost reductions, are expected to drive future growth and profitability in 2025. Memorialization business showed margin improvement and EBITDA growth, benefiting from inventory costing dynamics and cost-cutting measures, despite sales declines.

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    Bitcoin is on its way to cap a big week, gaining about 9.3% over the past five days. The cryptocurrency breached the $98,000 mark for the first time on Thursday.

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    Heritage Foundation research fellow and economist EJ Antoni weighs in on Occidental Petroleum CEO's warning over U.S. energy independence and reacts to the White House touting lower prices ahead of Thanksgiving. https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street.

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    AI stock leader Astera Labs hit record highs this week, breaking out past a buy trigger. The AI chip IPO is a market leader to watch.

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    KE Holdings Inc. (NYSE:BEKE ) Q3 2024 Earnings Conference Call November 21, 2024 7:00 AM ET Company Participants Siting Li - IR Director Stanley Peng - Co-Founder, Chairman and CEO Tao Xu - Executive Director and CFO Conference Call Participants John Lam - UBS Timothy Zhao - Goldman Sachs Griffin Chan - Citi Thomas Chong - Jefferies Miranda Zhuang - Bank of America Securities Operator Hello, ladies and gentlemen. Thank you for standing by for KE Holdings, Inc.'s Third Quarter 2024 Earnings Conference Call.

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    Crexendo specializes in UCaaS, integrating business communication apps into a single cloud platform, offering software services with high gross margins. Competition includes cloud infrastructure providers like Microsoft and Cisco, and service providers like 8x8 and RingCentral; Crexendo operates in both categories. Microsoft is exiting the UCaaS sector and Crexendo is winning over many of these customers, demonstrating the quality of the software it offers.