{ }
001122334455554433221100
001122334455554433221100
Symbol CRON
Name Cronos Group Inc.
Currency USD
Sector Health Care
IndustryGroup Pharmaceuticals, Biotechnology & Life Sciences
Industry Pharmaceuticals
Market NASDAQ Global Select
Country Canada
State ON
City Toronto
Zipcode M5V 2H1
Website http://www.thecronosgroup.com

nvidia earnings spark optimism amid concerns of potential ai market bust

Shares of ET are trading near post-earnings highs, up about 3%. Following Nvidia's earnings report, Deutsche Bank analysts caution that while the current AI capex boom is significant, historical patterns suggest potential for a bust, particularly if market enthusiasm wanes. Meanwhile, Cronos Group's stock rose after reporting improved profitability and a 35% revenue increase for 2024, driven by higher sales in Canada and Israel.
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