Daily marijuana use surpasses alcohol consumption, new study finds. Here's what it means for the industry
Americans are reaching for buds more than booze.
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CNBC's Inside India newsletter: The secret of the stock market rally
This report is from this week's CNBC's "Inside India" newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here.
Alibaba's Hong Kong shares drop 5% after report of possible $5 billion convertible bond sale
Hong Kong-listed shares of Alibaba fell over 5% Thursday following a report that the Chinese tech giant is considering selling convertible bonds to raise $5 billion.
Nvidia's AI dominance leaves Intel and AMD scrapping to be No. 2
PALO ALTO, California -- Nvidia is on a roll, reporting that revenue more than tripled for the third straight quarter and touting a rosy outlook for the rest of the year. But rivals are accelerating their push to dethrone -- or at least gain ground on -- the U.S. chipmaker that has become synonymous with the AI boom.
Taylor Swift buoys Singapore GDP to 2.7% Q1 growth
SINGAPORE -- Singapore on Thursday reported year-on-year growth of 2.7% for the first quarter of this year, with the figure coming in exactly as forecast thanks to a hot tourism sector ignited by American pop star Taylor Swift's concerts in the city-state.
Alibaba-controlled Chinese supermarkets drowning in red
HONG KONG -- Sun Art Retail Group, a major mainland Chinese hypermarket and supermarket chain controlled by Alibaba Group Holding, sank deep into red ink in the full year ended in March, presenting further evidence of weak nationwide consumer demand.