markets

J. Edward Moreno2/5/25

Tilray’s Montauk beers will now be sold on JetBlue flights

Tilray shot up about 15% on Wednesday after it was announced that its Montauk beers would be sold on JetBlue flights.

It’s been a tough year for Tilray, a Canadian cannabis company that now sells about equal parts beer as it does weed. It’s been difficult to find room for growth in cannabis amid a tricky regulatory environment in the United States, where Tilray is still unable to make inroads.

It’s been able to find some growth in expanding beyond cannabis and into booze, which it can sell in the US — and now on domestic and international JetBlue flights. Tilray bought Montauk Brewing in 2022 and has continued to acquire more beer brands since.

Montauk Brewing Partners with JetBlue

Montauk Brewing Partners with JetBlue

It’s been able to find some growth in expanding beyond cannabis and into booze, which it can sell in the US — and now on domestic and international JetBlue flights. Tilray bought Montauk Brewing in 2022 and has continued to acquire more beer brands since.

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markets

J. Edward Moreno7/7/26

SpaceX gets a wave of bullish ratings from Wall Street analysts

SpaceX received more than a dozen positive analyst calls on Tuesday — including from major Wall Street banks — as they initiate coverage on Elon Musk’s space and AI company.

SpaceX went public on June 12 at a $2.2 trillion valuation, the largest debut in history. While the company hasn’t yet posted a profit, it seems to have convinced Wall Street that it will get there and grow its valuation on the way.

Of the at least 17 analysts that gave a rating on Tuesday, all but one gave it a “buy” or “outperform” rating. MoffettNathanson was "neutral."

The ratings come as SpaceX joined the Nasdaq 100 index, a benchmark tech-heavy basket of companies that underpins millions of portfolios. The inclusion adds built-in demand for the stock from index funds and ETFs.

Still, SpaceX fell more than 5% on Tuesday amid a broader sell-off, and is currently effectively flat from its opening price of $150 a share.

US job growth falls far short of estimates in June; unemployment rate unexpectedly dips to 4.2%

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Meta surges on report it’s starting a cloud business to sell excess AI compute

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Meta CEO Mark Zuckerberg visits U.S. Capitol for Senate meetings

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