Hemp company shares hit record high as Reddit forum turns to cannabis sector
Shares of cannabis companies hit a record high, boosting their gains for months following support from Reddit, the social news and discussion platform.Last month , GameStop Corp NYSE:GME, AMC Entertainment NYSE:AMC and several other companies ‘ shares rose in a share in the WallStreetBets group inside the Reddit forum Tilray Inc NASDAQ:TLRY and Aphria Inc TSX:APHA shares had the potential to rise further.…
As major Devik Jain / Medha SinghWall Street indices prepare to see record levels at the opening, supported by positive balance sheets, investors are watching a speech by US central bank (Fed) President Jerome Powell for clues on the pace of the economic recovery.As the economy tries to emerge from a Coronavirus-induced recession, the Fed has signaled it will tolerate higher prices “for a while.”
The European police service (Europol) said it was providing support to local security units to arrest 10 hackers suspected of stealing $ 100 million worth of cryptocurrencies through the “SIM exchange” attack.”Attacks by this criminal network have targeted thousands of victims, including internet phenomena, sports stars, musicians and their families, throughout 2020,” Europol said in a statement.
