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.
This week, Q4 earnings season is set to continue, with Booking, Home Depot, and Moderna expected to release their final reports for 2021. These earnings reports could reflect how various sectors of the economy fare over the final three months of last year.
The Federal Open Market Committee’s newly-released minutes from its December summit show that the group’s eleven members are increasingly concerned about inflation, and gearing up to tighten American monetary policy.