Cannabidiol (CBD) is emerging as a red-hot category of the marijuana industry. CBD includes compounds in the cannabis sativa plant that do not produce a high. In fact, over the years, CBDs have been shown to have powerful therapeutic effects. Now it looks like the U.S. market could open up in a big way for
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Tech giant Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) turned heads earlier this month when the company announced its highly anticipated cloud-gaming platform, called Google Stadia. The launch was light on details, but in short, Google Stadia is a platform which allows gamers to stream video games from Alphabet’s massive global network of data centers to any internet-connected device
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Check out the companies making headlines before the bell: Tiffany — Tiffany came in 7 cents a share above estimates, with quarterly profit of $1.67 per share. The luxury goods retailer’s revenue was short of forecasts, however, and Tiffany’s comparable sales fell 1 percent compared to analysts’ projections of a 0.8 percent increase. Hibbett Sports
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CVS Health CEO Larry Merlo told CNBC Thursday that the health chain is unlocking growth opportunities despite the stock’s downward trend since officially merging with Aetna in November. The company has made “tactical execution” changes to its long-term care business that has faced “intense financial pressure,” he said. The skilled nursing unit came from CVS’
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Check out the companies making headlines after the bell: Shares of Nike dropped more than 3 percent in extending trading Thursday following the release of the retailers better-than-expected third-quarter earnings results. Nike posted earnings per share of 68 cents, beating estimates of 65 cents, according to Refinitiv. Revenue came in-line with Wall Street’s expectations at
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I’ll be honest: I simply don’t understand the bull case for Coca-Cola (NYSE:KO). The KO stock price has held up reasonably well in recent years, admittedly. But Coca-Cola stock isn’t cheap. There are obvious risks to demand going forward. Add on disappointing growth, and the numbers here don’t seem to add up. I concede that
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Retail stocks were hammered in late 2018 amid concerns that the global economy was slowing and that the global consumer was consequently losing confidence. The SPDR S&P Retail ETF (NYSEARCA:XRT) dropped 30% from early September 2018, to late December. Then, the post-Christmas rally happened. Retail stocks, and the market in general, staged a huge turnaround
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Stocks like Domino’s Pizza (NYSE:DPZ) don’t go on sale very often. And to some investors, “on sale” might be an exaggeration. Source: Shutterstock Domino’s Pizza stock, even after its recent selloff, is hardly cheap. Indeed, DPZ stock still trades at over 22 tines analysts’ consensus earnings per share estimate. That’s a huge multiple for a
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