Consumers in areas where pot is legal say they’re drinking less alcohol, according to data cited by Bernstein analyst Nadine Sarwat.
An analyst thinks Palantir will see AI benefits but deems the stock’s valuation to be steep on a relative basis and given industry pressures.
The offering is aimed at boosting liquidity and paying down part of a $2 billion revolving-credit facility.
“Just because market value is transferring quickly, doesn’t make it wrong,” an analyst says.
‘Active-adult’ communities are attracting younger buyers who are looking closer to home
What Pamela Teaster really wants to be is a paramedic, and she’ll think about retirement when she hits triple digits.
Oil futures ticked lower Friday, but remained on track for solid weekly gains as investors gauged the potential for a wider Middle Eastern conflict that could endanger crude flows from the region.
CarMax reported lower sales, but the company is encouraged by more affordable prices.
