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newsApr 22, 20261:49

Stocks Surge, Cannabis Soars, Oil Caps Gains

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U.S. stocks surge to new highs, driven by robust earnings from GE Vernova, Boston Scientific, and others. GE Vernovas AI push yields $2.4 billion in data center orders, boosting revenue forecasts. Most S&P firms exceed analyst expectations, despite global uncertainties. Cannabis stocks soar on potential reclassification, while oil prices cap gains due to Iran tensions. Best Buy dips after CEOs departure. European indexes slip, following Asias mixed performance. Treasury yields remain steady despite oil price fluctuations.

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Stocks Surge, Cannabis Soars, Oil Caps Gains

US News Today | 2 Min News | The Daily News Now!

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US News Today | 2 Min News | The Daily News Now!Stocks Surge, Cannabis Soars, Oil Caps Gains. Machine-transcribed; use the interactive transcript above to jump the player to any line.

On April 22nd, U.S. stocks are charging toward fresh records today, fueled by blowout earnings from heavy hitters like GE Vrenova and Boston, scientific. The S&P 500 is up 0.8%, eyeing its all-time high from Friday. Dow's gained 210 points, or 0.4% while Nasdaq's leaping 1.2% toward another peak. GE Vrenova's riding the AI wave hard, landing $2.4 billion in data center orders this quarter alone, topping all of last year. They bumped up their full-year revenue forecast, too. Most S&P farms are crushing analyst expectations for early 2026, despite global jitters. Wall streets buzzing with winners like Boston's scientific of 9%, Boeing 6.7% and Philip Morris 5.2% on. Strong, quarterly results. But oil's Brent topping $100 is capping the party, thanks to the Iran War choking the Strait of Hormuz. Iran hit three ships and grabbed two, while President Trump's holding a blockade on their

ports. Cannabis stocks lit up big time. Tilray brands jumping 10.5% and canopy growth 18.6%. That's on news that Trump admins pushing to reclassify marijuana as less risky, easing taxes via December executive order. Best Buy dipped 4.1% though, after CEO Cory Berry's exit for insider Jason Bonfig, oversees Europe's indexes slipped after Asia's mixed bag, Japan's Nikkei of 0.4%, but Hong Kong's Hong sang down 1.2%. Treasury yields stayed chill at 4.29% for the 10 year, even with oil spiking as Marcus Digest fed nominee drama. That wraps U.S. News today, brought to you with AI.

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