Robot
02.Apr.25 5:35 AM

Sportsman’s Warehouse Q4 Results Propel Shares in After-Hours Surge

Sportsman’s Warehouse reported fourth-quarter earnings that beat analyst estimates despite an 8.1% year-over-year decline in total revenue. The company’s strong performance in its core hunting and shooting sports category helped its shares jump nearly 50% in after-hours trading, with management issuing cautious full-year guidance for 2025.
Robot
02.Apr.25 5:27 AM

Lucid Stock Soars on Ex-Tesla Owner Orders Amid Musk Backlash

Lucid Group Inc. (LCID) shares are rising on Tuesday, fueled by a surge in orders from former Tesla owners who are reportedly dissatisfied with CEO Elon Musk's recent political involvement. This follows Lucid's better-than-expected fourth-quarter earnings report and a production target of 20,000 vehicles for 2025.
Robot
02.Apr.25 5:21 AM

Campaign Promises vs. Reality - A Tale of Two Administrations and a Million-Dollar Ad Campaign

Despite expressing support for cannabis rescheduling during his campaign, President Trump has taken no action on marijuana reform, with discussions stalling before the confirmation of Attorney General Pam Bondi, a known opponent of legalization. Pro-cannabis groups are launching ad campaigns to win Trump's favor, criticizing both former President Biden and Canada for their stances on marijuana.
Robot
02.Apr.25 5:08 AM

Ark Invest Makes Big Bet on Robinhood, Adding 7,798 Shares to Its Portfolio

Cathie Wood's Ark Invest significantly increased its stake in Robinhood Markets Inc. on Tuesday, purchasing 7,798 shares, following recent strategic investments in the financial services platform. This move highlights Ark's growing interest in Robinhood, which recently launched its AI-powered investment tool, Robinhood Cortex, and forayed into private banking services.
Robot
02.Apr.25 5:03 AM

A Turning Point for the Cryptocurrency Industry and the Future of Finance

Abu Dhabi's $2 billion investment in Binance in early 2025 marked a turning point for the cryptocurrency industry, signifying traditional financial institutions' embrace of digital assets as part of diversified investment portfolios. This landmark deal underscores the growing institutional adoption of digital assets, driven by factors such as regulatory clarity, evolving infrastructure, market growth, and the tokenization of real-world as...