The Week In Cannabis: $1.25B+ In Financings And M&A, Tilray, KushCo, New York And More
Below is a recap of the main news related to the cannabis industry and markets for the week of August 27, 2021.
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Pinduoduo, Alibaba, Google, Coinbase, Pfizer, Square — These Are Cathie Wood’s Key Trades From Thursday
Cathie Wood-led Ark Invest on Thursday piled up yet more shares in the Pinduoduo Inc (NASDAQ: PDD), its third straight buy in the agriculture-focused tech platform after months of trimming its exposure in the Chinese company.
Amid GameStop, AMC Popularity, This ETF Wants To Track ‘Meme Stocks’ Based on Short Interest, Social Media Trends
An exchange-traded fund is seeking to capitalize on the popularity of Reddit-favorite stocks such as GameStop Corp.
Billionaire Simon Nixon Bets On Crypto As Family Offices Pile Up Bitcoin
Seek Capital — the family office of billionaire Simon Nixon — is doubling up on its cryptocurrency investment efforts.
Cathie Wood Buying Back Into Chinese Stocks: 3 Names Added To Ark Funds
After cutting huge positions of Chinese stocks across the Ark Funds ETFs, Cathie Wood is getting back in with three names added Wednesday.
Bank of America Note the Centrality of Hydrogen in the Clean Energy Market
The clean energy sector, encompassing solar and wind energy production, biomass and nuclear power, and green hydrogen fuel, is helping to combat climate change while showing strong and continued growth at the same time, making it an excellent potential investment option for investors who value environmental, social and governance (ESG) factors.
Netflix, Pfizer, Coinbase, Pinduoduo, JD, Meituan — These Are Cathie Wood’s Key Trades From Wednesday
Cathie Wood-led Ark Invest on Wednesday trimmed all of its exposure to Netflix Inc (NASDAQ: NFLX) in one of the two active exchange-traded funds that own shares in the streaming video on-demand service.
Bitcoin Futures ETF Likely To Be Approved In October: Bloomberg Analyst
Bloomberg Analyst Eric Balchunas believes that the SEC is likely to approve a Bitcoin futures ETF soon, and it could be launched as soon as October.
eToro’s Crypto Trading Commissions Reached $264M, Net Trading Income At $291M In Q2
Trading platform eToro today announced the latest quarterly results for Q2 2021.