In today’s Get Actual, we focused on how the worldwide economy demands to get prepared to slow down. Cannabis two. is lastly reside in Canada. Plus, tech stocks took an additional hit.
Difficult time to be a higher-development tech stock
Higher-development tech stocks which includes The Trade Desk and Twilio are seeing considerable losses this month. Concerns about the companies’ higher valuations seem to be contributing to the drop.
Breaking down Aphria’s Q1 earnings
Aphria reported its initially-quarter earnings earlier this week. Notably, Aphria was a single of the handful of cannabis firms that reported income. New possibilities in the cannabis industry might increase the organization in upcoming quarters.
What’s taking place with Bank of America?
Bank of America’s third-quarter earnings beat the expectations. So far, there has been a optimistic response to the report. On the other hand, falling prices are a concern for future quarters.
Common Motors’ mixed bag
Common Motors stock rose on Wednesday. On the other hand, the organization nevertheless demands to concentrate on declining auto sales. Common Motors is also tiptoeing about a deal with the labor union to alleviate stock troubles brought on by employee strikes.
United’s sunny outlook
United Airlines had a sturdy third-quarter report and even raised its outlook for fiscal 2019. On the other hand, the Boeing 737 MAX is nevertheless on the ground. We’ll have to see if the sky stays clear for extended.
What to watch for
Cannabis edibles are right here at final
IMF: Back to 2009
The IMF released its Globe Financial Outlook report earlier this week. The global economy demands to brace itself for slow-paced development. The trade war has taken a really serious toll on markets globally.
Will Nvidia stock preserve increasing?
Nvidia stock rose following Bank of America raised its 12-month target cost for the organization. Analysts are rooting for the stock and its potential to preserve forging ahead.
Libra is not dead however
In spite of setbacks, Facebook’s Libra project is nevertheless kicking. We discussed three motives why the project has the capacity to continue.