Action Investments Limited

Tesla Inc. (TSLA) shares fell further on Monday, reaching a two-year low. It is now 2:25 p.m. At 1 p.m. ET, the stock was down 6.8% to around $168 per share. This is the lowest reading since November 2020.

Given that the industry-tracking AdvisorShares Pure US Cannabis ETF (MSOS) has dropped more than 60% in the last year, significantly outperforming the 14.5% drop in the broader market.

The troubled crypto firm BlockFi has filed for bankruptcy in the US, as the dramatic collapse of FTX continues to reverberate across the industry.

Embattled cryptocurrency exchange FTX has filed for bankruptcy in the US, seeking court protection as it looks for a way to return money to users.

Australian gambling giant Star Entertainment Group has been fined A$100m ($62m, £55m) for failing to stop money laundering at its Sydney casino. The group's licence to operate the casino has also been suspended.

Shares in Credit Suisse plunged on Monday as fears mount over the financial health of the Swiss bank.

U.S. chip designer Qualcomm Inc (QCOM.O) on Thursday said its automotive business "pipeline" increased to $30 billion, up more than $10 billion since its third quarter results were announced in late July.

Shell is to replace its current boss Ben van Beurden with its head of gas and renewables, the oil giant has said.

Saudi oil giant Aramco has broken its own record with a $48.4bn (£40bn) profit for the second quarter of 2022.

Tesla Inc. shareholders approved a three-for-one stock split on Thursday as the electric-vehicle maker seeks to attract an even larger number of retail investors amid a furious rally since late May.