Tilray, ceo irwin simon is coming up. Having a nice double digit increase this morning. Markets giving back mondays gains and then some on some concerns about china weakness and the macro, moodys drawing attention to some banks, worst day for the kre since may. The vix back we havent talked about the vix. Everything is selling off, except for health care, thats up 0. 50 thats thanks to names were seeing in names like eli lilly, potentially gamechanging studies on Heart Disease from the obesity drugs. Overall, carl, its a selloff kind of day, its broad. The focus continues to be on soft landing, no landing well get a key Inflation Report on thursday that will be definitive in trying to figure out what happens there on the policy front meantime, tenyear snuck back below 4 this morning. Were talking about growth now as opposed to inflation. Well see what cpi does to that conversation breaking data out of the new york fed Steve Liesman has that hey, steve. Good morning, carl. Some mixed da
Today, a rare one. Key bank is lowering estimates. And looking beyond the pullback, deutsches chief u. S. Equity strategist on what it would take for the market to return to rally mode. First up, topping tape for us. The move in the tenyear, as the market remains squarely focused on these moving bond yields, and they have been moving higher. Weve got the s p 500 losing some early gains, now down 0. 2 . Nasdaq is holding in there, up a third of 1 . Part of it is the relief youre seeing in treasury yields, its now 4. 78 . Is the market stuck until rates top out . Lets bring in cnbc senior markets commentator, mike santoli. It sure seems so. It seems thats the obvious potential trigger out there. And you probably also need yields to back off, in a little bit more of a convincing way. This morning, soft adp number, you had a little bit of a back off in yields cub into the session. And theyve kind of migranted higher once again, just a little bit. Below 4. 6 on the tenyear is going to look
A downtrend has been apparent in Tilray Brands, Inc. (NASDAQ: TLRY) lately with too much selling pressure. The stock has declined 8.3% over the past four weeks.
In a recent report, Pablo Zuanic of Zuanic & Associates analyzed trends in Canada's recreational cannabis market through May 2024. The report highlights a deceleration in market growth and notable shifts in sales dynamics among leading licensed producers (LPs).