Q1 2022’s earnings season is set to be opened this week by major U.S. banks. Traders may be able to get a handle on how the crisis in Ukraine and U.S. inflation have influenced the financial sector in the United States after Wednesday’s and Thursday’s first-quarter earnings releases.
Following pleasantly surprising Q3 results, Tilray shares outperformed those of industry peers on Wednesday. Despite the firm’s positive trading day, the MORE Act’s questionable prospects may be casting a shadow over the cannabis industry as a whole.
Western powers have implemented a new raft of sanctions against the Russian banking sector in response to the conflict in Ukraine. Russian citizens may now be turning to Cryptocurrencies as an alternative store of value as their national economy enters crisis mode.