[ad_1] “The cannabis industry is very tight-knit and trust-based, so there is nothing more valuable than a solid customer referral.” That’s according to Amar Singh, CEO and co-founder of Elevated Signals, a provider of manufacturing software designed for the complex operations of fast-growing manufacturing businesses.Singh got it right. Partnerships, trust and doing business in good faith are what those joining Benzinga’s cannabis event in Florida this week are about to witness.Elevated Signals recently reported securing CA$7.9 million ($5.7 million) in Series A funding. The investment led by Yaletown Partners, with participation from Third Kind Venture Capital, WGD Capital, Colin Harris,…
Author: Sanjayananda
[ad_1] Microsoft Corp’s MSFT LinkedIn lets job seekers post “open to work” banners on their profiles to let employers know they are searching for jobs. But, activating it could be a mistake.What To Know: Former Alphabet Inc GOOG GOOGL recruiter and current CEO of FairComp Nolan Church believes posting an “open to work” banner on your LinkedIn page is “the biggest red flag” as a job candidate, per CNBC. “There is a truism in recruiting that the best people are not looking for jobs,” Nolan said.He’s not alone in his thinking. Former Amazon.com Inc AMZN recruiter Lindsay Mustain believes recruiting…
[ad_1] On-chain data shows the Bitcoin long-term holder selling pressure has been running out recently after an extended selloff from the group. Bitcoin Long-Term Holders Have Sold Huge In Past 4 Months As analyst James Van Straten explained in a post on X, the long-term holders have massively reduced distribution during the last ten days. The “long-term holders” (LTHs) here refer to the Bitcoin investors carrying their coins since more than 155 days ago. The LTHs comprise one of the two main divisions of the BTC sector, with the other cohort known as the “short-term holders” (STHs). The STHs are…
[ad_1] Northern Trust Corporation NTRS shares are trading lower following first-quarter FY24 financial results.Sales declined 6% Y/Y to $1.65 billion, missing the analyst consensus of $1.75 billion. Adjusted net interest margin for the quarter contracted one basis points Y/Y to 1.61%.Total noninterest expenses rose 6% Y/Y to $1.36 billion. Common Equity Tier (CET) 1 capital was 11.4% versus 11.3% last year.EPS declined sharply to $0.96 from $1.51 in the year-ago quarter. Adjusted EPS of $1.70 beat the consensus estimate of $1.44 with a return on average common equity of 7.3%.Northern Trust returned $285.4 million to shareholders through dividends and share repurchases in the quarter.As…
[ad_1] Shares of Hasbro Inc. (NASDAQ: HAS) stayed green on Tuesday. The stock has gained 8% year-to-date. The toymaker is scheduled to report its first quarter 2024 earnings results on Wednesday, April 24, before markets open. Here’s what to look for in the earnings report: Revenue Analysts are projecting revenues of $741.2 million for the first quarter of 2024, which would represent a 25% decline from the year-ago period. In the fourth quarter of 2023, revenues declined 23% year-over-year to $1.3 billion. Earnings The consensus estimate for EPS in Q1 2024 is $0.30, which compares to adjusted EPS of $0.01 reported…
[ad_1] Goldman Sachs analyst Joe Ritchie initiated coverage on GE Vernova Inc GEV shares with a Buy rating and a price target of $154.GEV’s installed base of turbines (gas, steam, nuclear, hydro, wind, etc.) and aeroderivatives currently provide ~30% of the world’s electricity, said the analyst.While GEV’s Electrification assets have historically been Europe centric, the analyst noted GEV’s advanced grid technologies will play a crucial role in modernizing, integrating and automating the grid going forward. After bottoming in 2018, the Power business has been in turnaround mode, and the analyst is encouraged by the progress, particularly in Gas Power, which turned profitable ahead of schedule…
[ad_1] While Bitcoin prices hover around 15% below their all-time highs, with some skeptics predicting more losses, one analyst on X expects the coin to bounce strongly, even breaking above all-time highs. Taking to X, the trader argues that Bitcoin has yet to breach the Golden Ratio Multiplier’s Cycle Top, currently sitting at $79,591. Supposedly, the analyst continues, this target price increases the longer it remains unchallenged. Bitcoin price action favors bulls | Source: Analyst on X Bitcoin Traders Need To Be Patient So far, BTC is trending lower and is technically within a bear breakout formation following sharp losses on April…
[ad_1] Investors remain on edge as geopolitics continue to shape market trends, with Israel mulling a response to Iran while the U.S. and key allies explore further sanctions against Tehran.U.S. major averages display mixed performances as of midday trading Tuesday. The S&P 500 holds steady at 5,200 points, while blue-chip stocks outperform the broader market, and small caps experience some declines.In its April World Economic Outlook, the International Monetary Fund raised growth projections for the U.S. economy, while eyeing the possibility of Federal Reserve rate cuts this year as inflation declines. Yet, an escalation in the Middle East could complicate…
[ad_1] Gainers Ryde Group RYDE stock rose 25.1% to $2.54 during Tuesday’s regular session. The company’s market cap stands at $48.5 million. JanOne JAN shares moved upwards by 23.37% to $3.8. The company’s market cap stands at $32.6 million. Laser Photonics LASE shares increased by 19.38% to $2.34. The market value of their outstanding shares is at $19.3 million. As per the press release, Q4 earnings came out yesterday. AERWINS Technologies AWIN shares moved upwards by 14.97% to $3.8. The company’s market cap stands at $2.7 million. Pixie Dust Technologies PXDT stock increased by 13.92% to $2.7. The market value…
[ad_1] Image source: Getty Images The FTSE 100 broke through 8,000 points in early April. Could we see the start of a long-awaited bull run? Well, no. At least, it seems, not yet. The Footsie took a brief look above 8,000, didn’t like what it saw, and quickly ducked down again. It’s down to 7,850 points at the time of writing. So what’s wrong? After all, forecasts for our top UK shares look strong. They have dipped a bit as estimates have been scaled back. And we’re still waiting for 2023 results to all come in. 10% earnings growth But…