While the broader stock market continues to go through ups and downs, meme stocks are turning heads. By and large, this somewhat volatile section of the market seems to be making a comeback in terms of attention. Evidently, some of the biggest names in the space have and continue to see increased activity over the past week. So much so that the likes of GameStop (NYSE: GME) were recently halted for volatility during trading yesterday morning. Today, while the meme stock goliath is returning some of those gains, investor interest in the industry remains high.
Before going into further details, a brief recap about meme stocks. For those uninitiated, meme stocks are essentially companies whose shares often see sudden notable movements. These movements, unlike with non-meme stocks, often come with no significant news from the companies. Instead, mentions and coordination over social media pages such as Reddit are fueling gains for the sector in most cases. Notably, some would argue that this is why investors tend to turn towards meme stocks in times of uncertainty. While broader economic factors like rising inflation and interest rates weigh in on the market, meme stocks remain somewhat unaffected.
For instance, we could look at the stock gains from GameStop and Bed, Bath, & Beyond (NASDAQ: BBBY) to see this. Year-to-date, GME stock is up by over 15% while BBBY stock is looking at gains of over 70%. These gains would put them well ahead of the three major stock indexes year-to-date. With all this attention on meme stocks now, some investors could be taking a closer look at the space. Should you be one of them, here are three to consider in the stock market today.
First up, we have Tilray, a leading global cannabis lifestyle and consumer packaged goods company. It has operations in Canada, the U.S., Europe, Australia, and Latin America. The company is a pioneer in cannabis research, cultivation, and distribution. Also, it has an unprecedented production platform that supports over 20 brands in over 20 countries. Its products include comprehensive cannabis offerings, hemp-based foods, and alcoholic beverages. Today, the company announced that it will be reporting its third-quarter fiscal 2022 financials on April 6, 2022.
Last week, it announced that its Solei brand has launched its new wellness product for nighttime use. The Renew Moonlight is a new CBN vape pen designed for nighttime use. Joining Solei’s award-winning portfolio of wellness products, this precisely formulated high-CBN vape pen has a potency of 4:1 THC, and CBN is blended with citrus and herbal aromas. “Solei products are designed to support daily wellness routines from day to night,” said Danielle Minard, Solei’s Brand Manager. She continued, “Renew Moonlight is the perfect CBN product for consumers looking to ease into the night after a long day.”
On March 17, 2022, the company also announced that its Tilray Medical subsidiary is expanding its offerings in Malta and also launched its first medical cannabis oil products in the market. It has launched the first EU GMP medical cannabis oil products in Malta. The company says that demand for medical cannabis in Malta is growing rapidly and the company is incredibly proud to service patients with the high-quality medical cannabis products that they rely on and in the formats that they prefer. All things considered, is TLRY stock worth investing in?
AMC Entertainment is a meme stock that is also one of the largest movie exhibition companies in the U.S. and Europe. It has approximately 950 theaters and 10,500 screens across the globe. The company has also been one of the most popular meme stocks to date, with retail traders pushing the stock by over 180% in the past year alone.
On March 1, 2022, the company reported its fourth-quarter and full-year 2021 financials. Total revenues for the quarter grew to $1.17 billion, up from $162.5 million 2 years ago. AMC says that this has been its strongest quarterly results in two full years. The company also ended the year with $1.59 billion in cash and cash equivalents. AMC also says that its positive recovery continued from the pandemic as it ended the fourth quarter. The quarter also offered moviegoers a more robust and appealing film slate that culminated with the exclusive release of the now third-highest grossing movie of all-time, Spider-Man: No Way Home.
On March 15, 2022, the company also announced significant investments in buying a 22% stake in Hycroft Mining Holding Corporation (NASDAQ: HYMC). Hycroft holds approximately 71,000 acres of the Hycroft Mine in northern Nevada. Independent third-party studies confirm that the Hycroft Mine has some 15 million ounces of gold resources and some 600 million ounces of silver resources. In addition, AMC will receive an additional 23.4 million warrants in Hycroft at $1.07 per share. Making an investment equal to AMC is Eric Sprott, one of the world’s leading gold and silver investors. Combined, AMC and Mr. Sprott are investing $56 million, which will help Hycroft considerably lengthen its financial runway. With that being said, is AMC stock a top meme stock to consider right now?
Another major name to consider in the current meme stock trade is Tesla. This leading electric vehicle (EV) manufacturer is a prominent player in its main field. However, due to CEO Elon Musk’s history of impacting TSLA stock with his social media posts, it also falls under the meme stock category. Whether investors are looking to jump on the meme stock train or ride long-term EV trends, TSLA stock could be a go-to.
For one thing, Tesla continues to work towards building its massive EV empire. As of earlier today, sources from Bloomberg News note that it is securing a supply of nickel. According to the report, Tesla could be working with Vale (NYSE: VALE), a massive Brazilian mining firm to do so. Namely, should this be true, it would mark a highly strategic play by Tesla. The reason for this being that nickel is a major component in EV batteries today.
At the same time, the price of nickel amongst other commodities continues to rise as geopolitical tensions persist. In detail, Bloomberg writes that Tesla and Vale are now part of a multi-year supply deal from Canada. After considering this interesting piece of news, would TSLA stock be a top buy for you?
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In this specific predicament, U.S. officials have to choose a strategy to deliver the aid without the perception of benefiting Hamas, a group the U.S. and Israel both classify as a terrorist organization.
When aiding people in war zones, you can’t just send money, a development strategy called “cash transfers” that has become increasingly popular due to its efficiency. Sending money can boost the supply of locally produced goods and services and help people on the ground pay for what they need most. But injecting cash into an economy so completely cut off from the world would only stoke inflation.
So the aid must consist of goods that have to be brought into Gaza, and services provided by people working as part of an aid mission. Humanitarian aid can include food and water; health, sanitation and hygiene supplies and services; and tents and other materials for shelter and settlement.
Due to the closure of the border with Israel, aid can arrive in Gaza only via the Rafah crossing on the Egyptian border.
The U.S. Agency for International Development, or USAID, will likely turn to its longtime partner on the ground, the United Nations Relief and Works Agency, or UNRWA, to serve as supply depots and distribute goods. That agency, originally founded in 1949 as a temporary measure until a two-state solution could be found, serves in effect as a parallel yet unelected government for Palestinian refugees.
USAID will likely want to tap into UNRWA’s network of 284 schools – many of which are now transformed into humanitarian shelters housing two-thirds of the estimated 1 million people displaced by Israeli airstrikes – and 22 hospitals to expedite distribution.
Since Biden took office, total yearly U.S. assistance for the Palestinian territories has totaled around $150 million, restored from just $8 million in 2020 under the Trump administration. During the Obama administration, however, the U.S. was providing more aid to the territories than it is now, with $1 billion disbursed in the 2013 fiscal year.
The United Nations Relief and Works Agency is a U.N. organization. It’s not run by Hamas, unlike, for instance, the Gaza Ministry of Health. However, Hamas has frequently undermined UNRWA’s efforts and diverted international aid for military purposes.
Humanitarian aid professionals regularly have to contend with these trade-offs when deciding to what extent they can work with governments and local authorities that commit violent acts. They need to do so in exchange for the access required to help civilians under their control.
Similarly, Biden has had to make concessions to Israel while brokering for the freedom to send humanitarian aid to Gaza. For example, he has assured Israel that if any of the aid is diverted by Hamas, the operation will cease.
This promise may have been politically necessary. But if Biden already believes Hamas to be uncaring about civilian welfare, he may not expect the group to refrain from taking what they can.
Security best practices
What can be done to protect the security of humanitarian aid operations that take place in the midst of dangerous conflicts?
Under International Humanitarian Law, local authorities have the primary responsibility for ensuring the delivery of aid – even when they aren’t carrying out that task. To increase the chances that the local authorities will not attack them, aid groups can give “humanitarian notification” and voluntarily alert the local government as to where they will be operating.
Under the current agreement between the U.S., Israel and Egypt, the convoy will raise the U.N. flag. International inspectors will make sure no weapons are on board the vehicles before crossing over from Arish, Egypt, to Rafah, a city located on the Gaza Strip’s border with Egypt.
The aid convoy will likely cross without militarized security. This puts it at some danger of diversion once inside Gaza. But whether the aid convoy is attacked, seized or left alone, the Biden administration will have demonstrated its willingness to attempt a humanitarian relief operation. In this sense, a relatively small first convoy bearing water, medical supplies and food, among other items, serves as a test balloon for a sustained operation to follow soon after.
In that case, the presence of U.S. armed forces might provoke attacks on Gaza-bound aid convoys by Hamas and Islamic jihad fighters that otherwise would not have occurred. Combined with the mobilization of two U.S. Navy carrier groups in the eastern Mediterranean Sea, I’d be concerned that such a move might also stoke regional anger. It would undermine the Biden administration’s attempts to cool the situation.
On U.N.-approved missions, aid delivery may be secured by third-party peacekeepers – meaning, in this case, personnel who are neither Israeli nor Palestinian – with the U.N. Security Council’s blessing. In this case, tragically, it’s unlikely that such a resolution could conceivably pass such a vote, much less quickly enough to make a difference.
Topher L. McDougal does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
“The majority of wound infections often manifest themselves immediately postoperatively, so close followup should take place […]”
Credit: 2023 Barbarewicz et al.
“The majority of wound infections often manifest themselves immediately postoperatively, so close followup should take place […]”
BUFFALO, NY- October 20, 2023 – A new research perspective was published in Oncoscience (Volume 10) on October 4, 2023, entitled, “Diagnosis and management of postoperative wound infections in the head and neck region.”
In everyday clinical practice at a department for oral and maxillofacial surgery, a large number of surgical procedures in the head and neck region take place under both outpatient and inpatient conditions. The basis of every surgical intervention is the patient’s consent to the respective procedure. Particular attention is drawn to the general and operation-specific risks.
Particularly in the case of soft tissue procedures in the facial region, bleeding, secondary bleeding, scarring and infection of the surgical area are among the most common complications/risks, depending on the respective procedure. In their new perspective, researchers Filip Barbarewicz, Kai-Olaf Henkel and Florian Dudde from Army Hospital Hamburg in Germany discuss the diagnosis and management of postoperative infections in the head and neck region.
“In order to minimize the wound infections/surgical site infections, aseptic operating conditions with maximum sterility are required.”
Furthermore, depending on the extent of the surgical procedure and the patient‘s previous illnesses, peri- and/or postoperative antibiotics should be considered in order to avoid postoperative surgical site infection. Abscesses, cellulitis, phlegmone and (depending on the location of the procedure) empyema are among the most common postoperative infections in the respective surgical area. The main pathogens of these infections are staphylococci, although mixed (germ) patterns are also possible.
“Risk factors for the development of a postoperative surgical site infection include, in particular, increased age, smoking, multiple comorbidities and/or systemic diseases (e.g., diabetes mellitus type II) as well as congenital and/ or acquired immune deficiency [10, 11].”
Continue reading the paper: DOI:https://doi.org/10.18632/oncoscience.589
Correspondence to: Florian Dudde
Keywords: surgical site infection, head and neck surgery
Oncoscience is a peer-reviewed, open-access, traditional journal covering the rapidly growing field of cancer research, especially emergent topics not currently covered by other journals. This journal has a special mission: Freeing oncology from publication cost. It is free for the readers and the authors.
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G77 Nations, China, Push Back On U.S. "Loss And Damage" Climate Fund In Days Leading Up To UN Summit
As was the case in primary school with bringing in presents, make sure you bring enough for the rest of the class, otherwise people get ornery...
This age old rule looks like it could be rearing its head in the days leading up to the UN COP 28 climate summit, set to take place in the United Arab Emirates in about six weeks.
At the prior UN COP 27, which took place in Egypt last year, the U.S. pushed an idea for a new World Bank "loss and damage" climate slush fund to help poor countries with climate change. But the G77 nations plus China, including many developing countries, are pushing back on the idea, according to a new report from the Financial Times.
The goal was to arrange how the fund would operate and where the money would come from for the "particularly vulnerable" nations who would have access to it prior to the upcoming summit in UAE.
But as FT notes, Pedro Luis Pedroso Cuesta, the Cuban chair of the G77 plus China group, has said that talks about these details were instead "deadlocked" over issues of - you guessed it - where the money is going and the governance of the fund.
The U.S.'s proposal for the fund to be governed by the World Bank has been rejected by the G77 after "extensive" discussions, the report says. Cuesta has said that the nations seek to have the fund managed elsewhere, but that the U.S. wasn't open to such arrangements.
Cuesta said: “We have been confronted with an elephant in the room, and that elephant is the US. We have been faced with a very closed position that it is [the World Bank] or nothing.”
Christina Chan, a senior adviser to US climate envoy John Kerry, responded: “We have been working diligently at every turn to address concerns, problem-solve, and find landing zones.” She said the U.S. has been "clear and consistent" in their messaging on the need for the fund.
Cuesta contends that the World Bank, known for lending to less affluent nations, lacks a "climate culture" and often delays decision-making, hindering quick responses to climate emergencies like Pakistan's recent severe flooding.
The G77 coalition voiced concerns about the World Bank's legal framework potentially limiting the fund's ability to accept diverse funding sources like philanthropic donations or to access capital markets.
With just days left before the UN COP 28 summit, the World Bank insists that combating climate change is integral to its mission and vows to collaborate on structuring the fund.