Volumes

Penny stock Supreme Cannabis Company soars 60% on Canopy Growth merger

4 days ago   |   By Business Insider

Summary List Placement Canadian penny stock Supreme Cannabis surged as much as 60% Thursday and trading volume spiked after news that weed giant Canopy Growth will acquire the company in a transaction valued at approximately $435 million.
More than $100 million worth of shares of Supreme Cannabis changed hands as of 3:20 p.m. ET, far surpassing the stock's average trading volume of $12 million, according to Yahoo Finance data.
Shares of the penny stock spiked to $0.4250 before paring back some gains. Meanwhile Canopy Growth fell 5%.
The transaction will give Canopy a 13.6% total share of...
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Penny stock Supreme Cannabis Company soars 60% on Canopy Growth merger

Penny stock Supreme Cannabis Company soars 60% on Canopy Growth merger

4 days ago   |   By Business Insider

Summary List Placement Canadian penny stock Supreme Cannabis surged as much as 60% Thursday and trading volume spiked after news that weed giant Canopy Growth will acquire the company in a transaction valued at approximately $435 million.
More than $100 million worth of shares of Supreme Cannabis changed hands as of 3:20 p.m. ET, far surpassing the stock's average trading volume of $12 million, according to Yahoo Finance data.
Shares of the penny stock spiked to $0.4250 before paring back some gains. Meanwhile Canopy Growth fell 5%.
The transaction will give Canopy a 13.6% total share of...
Read more ...

 

State Street will partner with Pure Digital to create an institutional digital currency trading platform

State Street will partner with Pure Digital to create an institutional digital currency trading platform

4 days ago   |   By Business Insider

SOPA Images/Getty Images
State Street and Pure Digital are creating an institutional digital currency trading platform.
State Street's Currenex is providing its trading technology to Pure Digital to create the venue.
The two companies also said they "intend to further explore the digital currency trading space."
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The second oldest bank in the US, State Street , announced on Thursday that it will partner with Pure Digital to create a "unique wholesale digital currency trading platform" aimed at institutions...
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State Street will partner with Pure Digital to create an institutional digital currency trading platform

State Street will partner with Pure Digital to create an institutional digital currency trading platform

4 days ago   |   By Business Insider

Summary List Placement The second oldest bank in the US, State Street , announced on Thursday that it will partner with Pure Digital to create a "unique wholesale digital currency trading platform" aimed at institutions.
Specifically, State Street's Currenex will provide the underlying trading technology for Pure Digital's "fully automated, high throughput OTC market for digital assets and cryptocurrencies with physical delivery and bank custody."
Currenex previously provided market-leading technology to the FX community.
Pure Digital and State Street also said they "intend to further...
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Central bank digital currencies do not threaten the existence of...

Central bank digital currencies do not threaten the existence of cryptocurrencies, Morgan Stanley says

Summary List Placement Morgan Stanley said cryptocurrencies will still exist even if central banks issue their own digital currencies. The bank said the uses and appeals of... Read more ...

The Latest: WH: J&J pause won't have 'significant impact'

The Latest: WH: J&J pause won't have 'significant impact'

WASHINGTON - A White House coronavirus adviser says the pause on the Johnson & Johnson vaccine by the FDA and CDC “will not have a significant impact” on the overall... Read more ...

Stocks off to a weak start following pause in J&J vaccine

Stocks off to a weak start following pause in J&J vaccine

Stocks are off to a sluggish start on Wall Street as the market loses more momentum following its rise to records last week. The S&P 500 was wavering between small gains and... Read more ...

Fairfield Inn & Suites Santa Rosa Rohnert Park Opens in California

Fairfield Inn & Suites Santa Rosa Rohnert Park Opens in California

The Fairfield Inn & Suites Santa Rosa Rohnert Park, part of the Marriott International brand of hotels, opened in Sonoma County, California on March 25, 2021. The five-story... Read more ...

Tourism After Lockdown: The Long and Short of Long-haul Travel - STR

Tourism After Lockdown: The Long and Short of Long-haul Travel - STR

Mass COVID-19 vaccination programs are underway across the globe and providing the tourism and hospitality industry a much-needed confidence boost following 12 months or so of... Read more ...

Honeywell International Inc : Price Now Near $228.39; Daily Chart Shows An...

Honeywell International Inc : Price Now Near $228.39; Daily Chart Shows An Uptrend on 20 Day Basis

The Hourly View for HON At the time of this writing, HON 's price is down $-0.28 from the hour prior. This move is a reversal from the hour prior, which saw price move up. If... Read more ...

Nomura to tighten financing for hedge fund clients in the wake of Archegos...

Nomura to tighten financing for hedge fund clients in the wake of Archegos blowup, new report says

Summary List Placement Nomura is reportedly tightening financing for some of its hedge fund clients in the wake of the $20 billion collapse of Archegos Capital . Japan's... Read more ...

Consumer Prices Jumped. Should You Worry? That's Sparking A Heated Debate

Consumer Prices Jumped. Should You Worry? That's Sparking A Heated Debate

Consumer prices jumped last month as businesses struggled to keep pace with booming demand, but the Biden administration and the Federal Reserve say the uptick in inflation is... Read more ...

Leaders of GM, Ford among objectors to voting restrictions

Leaders of GM, Ford among objectors to voting restrictions

LANSING, Mich. - The leaders of three-dozen major Michigan-based companies, including General Motors and Ford, on Tuesday objected to Republican-sponsored election bills that... Read more ...

US investigating possible air bag failures in GM vehicles

US investigating possible air bag failures in GM vehicles

DETROIT Read more ...