HITI
NASDAQ · Pharmaceuticals
High Tide Inc
$2.58
-0.07 (-2.64%)
HITI News30 articles
High Tide Hits Record Revenue and Margins, Yet Cash Conversion Slips
High Tide's Q3 revenue and EBITDA hit records, but free cash flow fell short of last year's pace, raising questions about growth quality.
Tesla Edges Higher as California Bias Trial Begins Without Damages Cap
Tesla (TSLA) edged higher as opening arguments commenced in a California workplace discrimination trial with uncapped damages. Shares rose 0.79% premarket, but analysts remain cautious.
AMC Stock Jumps 7% on $3.97B Refinancing, but High-Cost Loan Raises Concerns
AMC shares climbed 7% after unveiling a $3.97 billion refinancing, but the package includes a pricey $1.12 billion loan at 11.25% fixed interest.
AMD Hits Record High, But Analyst Targets Offer Slim Upside
AMD shares jumped 8.8% to a record high, but the consensus analyst target now sits just 1.2% above the price, raising the bar for estimate revisions.
Welspun Corp Shares Hit Record High on Aramco Contract Win via Associate
Welspun Corp shares touched a record high of ₹2,797.60 after its 22%-owned associate East Pipes secured a SAR771 million Aramco contract. The stock trades above analyst targets, but volume remains thin.
Australia's 40-Year Outlook: Slower Growth, Higher Spending Weigh on ASX
Australia's latest Intergenerational Report forecasts slower population and GDP growth over 40 years, while government spending rises. The ASX 200 barely moved, but rate hike odds remain high.
Pension Boost Offset by Higher Deeming Rates in Australia
Australia's Age Pension increases by A$36.80 for singles and A$55.60 for couples, but higher deeming rates could offset some gains.
James Hardie Shares Slide 8.9% Despite Higher Cash Target
James Hardie (JHX) shares dropped 8.9% after its investor day, even as management raised its FY2027 free cash flow target to $600 million. Market concerns over housing demand and AZEK integration persist.
Overbrook Fire Coverage Highlights Bell Media's Local Reach as BCE Margins Tighten
Bell Media's Q2 revenue rose 8.9% to C$918M, but margin slipped to 26.6% due to higher costs. The Overbrook fire report highlights local news' role in BCE's digital shift.
BEML Stock Surges 6% on Landmark ₹5,400 Crore High-Speed Rail Contract
BEML shares rallied 6% after the PSU won a ₹5,400 crore order from NHSRCL for high-speed rail. The deal is a major backlog boost, but investors await execution details.
Diesel at Record High Sends J.B. Hunt Shares Down Nearly 13%
J.B. Hunt shares tumbled nearly 13% after record diesel prices hit $6.40, adding at least $10M in fuel costs. The stock rebounded slightly but remains down.
QQQ Ends Flat Post-Fed Hike; Seagate Absence Highlights Index Focus
QQQ closed flat after the Fed's 25bp rate hike, with Seagate absent from the fund. Top 10 holdings drive nearly half the ETF's performance.
Tech Stocks Propel Nasdaq Higher as Yields, Oil Retreat Ahead of Fed
The Nasdaq led gains on Wednesday as lower Treasury yields and oil prices supported growth stocks, while the Dow slipped. Investors await the Fed's decision and updated projections.
Futures Edge Higher Ahead of Fed's Likely Rate Hike
U.S. equity futures edged up 0.2% ahead of the Fed decision, with a quarter-point rate hike nearly fully priced in. The 10-year Treasury yield eased to 4.98% after briefly topping 5%.
Swindon WHSmith Closure Highlights Post-Sale Split for TG Jones and WH Smith
TG Jones shuttered the former WHSmith in Swindon, marking a milestone in the private retailer's restructuring, separate from WH Smith's travel-focused operations.
Emmy Speech Highlights Media Merger Debate, WBD Shares Trail Offer
Sally Field's Emmy speech spotlighted concerns over the Paramount-WBD merger, but shares still trade 10.3% below the $31 offer, reflecting deal risk and timing.
Singapore Asset Auction Highlights UOB's Compliance Overhaul
Singapore starts selling assets from a S$3 billion money-laundering case, with UOB's compliance repairs under scrutiny as property auctions may influence prime real estate values.
Nvidia's $5.1T Valuation: A High Hurdle Even After Monday's Dip
Nvidia's Monday slide to $211 still leaves a $5.1 trillion valuation, 11.8x annualized revenue. AI safety concerns and oil prices triggered the dip, but growth expectations remain steep.
Apple's Foldable Debut: Higher Price, Later Launch, Big Ambitions
Apple's iPhone Duo hits stores Oct 23 at $1,999, $99 more than Samsung's Fold8, which launched Aug 7. TrendForce projects Apple to grab 24.8% of the foldable market in 2026, narrowing Samsung's lead.
Rolls-Royce: High Valuation Demands Perfect Execution
Rolls-Royce shares closed at 1454.6p, up 1.72%, valuing the company at ~30x 2026 free-cash-flow guidance. The market is pricing in flawless execution, leaving little margin for error.
Intel's High-NA Milestone: Technical Win, Financial Hurdles Remain
Intel's one-million High-NA wafer milestone is a technical achievement, but the stock's rebound faces financial realities. External foundry revenue remains small, and 14A customer wins are crucial.
Wynn Resorts Extends Debt Maturity with $900M Refinancing at Higher Cost
Wynn Resorts priced $900M in 6.875% senior notes due 2035 to replace 5.250% notes due 2027, extending maturity by eight years at a higher annual interest cost.
Crypto Heist Plea Highlights Custody Risks, Not Bitcoin Flaws
Malone Lam's guilty plea in a $314M Bitcoin theft underscores custody and social engineering risks, not flaws in Bitcoin itself.
Ticketmaster Rivals Challenge DOJ Deal; LYV's High-Margin Engine in Focus
Rivals AEG and SeatGeek ask a judge to reject the DOJ's antitrust settlement with Live Nation, highlighting Ticketmaster's 38.8% margin and 40% profit share.
Dow Futures Edge Higher Ahead of PPI; Nasdaq Dips as Oil Tops $102
Dow futures edged up before August PPI, but Nasdaq-100 futures fell as Brent crude topped $102. Investors await inflation data to gauge rate and growth outlook.
DraftKings Stock Slips as IC360 Deal Highlights Predictions Margin Concerns
DraftKings' expanded IC360 compliance deal addresses integrity risks but fails to ease investor worries about converting user growth into profit. Shares slipped to $23.87.
Paramount's 11th Bond Extension Highlights Growing Merger Costs
Paramount extends its WBD bond offers for the 11th time, with ticking fees potentially adding $1.2 billion to the deal cost.
Samsung Unveils High-NA EUV DRAM Roadmap with ASML, 2028 Target Set
Samsung's ASML deal outlines a 2028 DRAM scaling goal but doesn't alter near-term outlook. Stock closed at KRW 269,500.
Intel's High-NA Milestone: 1M Wafers, But Revenue Gap Looms
Intel's High-NA EUV milestone of 1 million wafers proves technical progress, but external foundry revenue is a mere $293M. The market watches for customer wins.
Nokia ADR Set to Open 6.4% Higher After Helsinki Surge
Nokia's U.S. ADR is expected to open 6.4% higher after Helsinki shares surged on EURO STOXX 50 inclusion, but the gap may close as markets align.