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CMCSA

NTDOY

March 10 is celebrated as Mario Day, honoring the iconic video game character from the Nintendo franchise. Nintendo Co (OTC:NTDOY) began celebrating this day in 2016, offering discounts on Mario and Nintendo games and items. The Super Mario Bros movie, featuring characters from the franchise, grossed $1.36 billion globally, becoming the second-highest grossing film of the year. Comcast Corporation (NASDAQ:CMCSA) collaborated with Nintendo for the movie's release and the expansion of Universal Studios theme parks. Nintendo's acquisition of Dynamo Pictures, now Nintendo Pictures, hints at future film projects involving its iconic characters.

Portfolio Pulse from Chris Katje

March 10, 2024 | 1:22 pm

ADP

EQT

TSM

President Joe Biden proposed a tax overhaul targeting billionaires like Elon Musk and Jeff Bezos in his State of the Union address, aiming to invest in various sectors. Fed Chair Jerome Powell provided an optimistic outlook on the U.S. economy, anticipating strong growth and a robust labor market. Asia's emerging markets, led by TSMC and Samsung, are recovering, driven by tech stocks. Natural gas prices surged as EQT Corporation, the largest U.S. producer, cut output. Employment growth in February, as reported by ADP, missed forecasts, indicating a slowdown in the labor market.

Portfolio Pulse from Benzinga Neuro

March 10, 2024 | 11:55 am

GOOG

GOOGL

MSFT

This week in AI featured Sergey Brin's admission of flaws in Alphabet's Gemini image generator, Cathie Wood's warning of a chip stock correction, and Microsoft's AI tool controversy. Brin acknowledged inadequate testing of Gemini, while Wood predicted a semiconductor market correction due to supply chain improvements. Microsoft faced issues with its AI image generator producing inappropriate content. Additionally, Elon Musk humorously commented on AI chatbot ChatGPT amid Bitcoin's volatile week.

Portfolio Pulse from Benzinga Neuro

March 10, 2024 | 11:39 am

KARS

LCID

NIO

RIVN

TSLA

Tesla faced potential Q1 delivery misses and a production halt at its Berlin factory due to suspected arson, impacting its stock. Rivian saw a surge in pre-orders for its new R2 model. Nio is launching a Model Y rival with lower costs. Ford struggles with EV transition, focusing on hybrids. Lucid's price target was halved by RBC. The KraneShares Electric Vehicles ETF fell 3.68% for the week.

Portfolio Pulse from Shanthi Rexaline

March 09, 2024 | 2:16 pm

DWAC

Donald Trump faces significant financial challenges, including a $464 million penalty in a New York civil fraud case and additional debts. His niece, Mary Trump, suggests he may need to sell real estate at low prices to cover his debts. Trump has also been ordered to pay legal fees in the UK and may use his stake in Trump Media & Technology Group, merging with Digital World Acquisition Corp. (NASDAQ:DWAC), as a potential funding source.

Portfolio Pulse from Shanthi Rexaline

March 09, 2024 | 1:52 pm

RIVN

TSLA

Tesla investors Gary Black and Ross Gerber mocked CEO Elon Musk's comments on Rivian Automotive, showing optimism for Rivian's future despite Musk's bankruptcy predictions. Black predicts Rivian could achieve significant deliveries and EBITDA by 2030, with shares potentially worth $67 each. Musk had suggested Rivian executives need to spend more time at the factory to avoid bankruptcy, emphasizing the challenges of volume production and positive cash flow in the automotive industry.

Portfolio Pulse from Anan Ashraf

March 09, 2024 | 8:18 am

CLF

METC

USAP

USGO

Cleveland-Cliffs Inc. increases spot prices for steel products, Ramaco Resources Inc. reports strong Q4 and annual financial results, AngloGold Ashanti Plc announces board chairman change, and analysts maintain or upgrade ratings for Universal Stainless and US Goldmining. Cleveland-Cliffs' price adjustment, Ramaco's financial performance and debt repayment, and AngloGold's board transition are key highlights.

Portfolio Pulse from Austin DeNoce

March 08, 2024 | 11:44 pm

TCNNF

The article highlights the achievements of 22 influential women in the cannabis industry, emphasizing their leadership, innovation, and contributions. It mentions their participation in the upcoming Benzinga Cannabis Capital Conference in Florida, April 2024. Key figures include Kim Rivers of Trulieve, who has led the company's growth through strategic mergers and acquisitions, and Nancy Whiteman of Wana Brands, recognized for her leadership and the brand's expansion under Canopy Growth Corp. The conference aims to celebrate these women's achievements and offer networking opportunities for cannabis entrepreneurs.

Portfolio Pulse from Abbey Higginbotham

March 08, 2024 | 9:25 pm

AAPL

JPM

MSFT

NFLX

NVDA

NYCB

The U.S. stock market reached record highs, influenced by Federal Reserve Chair Jerome Powell's hints at potential rate cuts. Nvidia's market cap hit $1 trillion rapidly, highlighting its growth in AI and semiconductors. New York Community Bancorp secured a $1-billion equity investment, causing dilution for current shareholders. Microsoft faced a security breach by Russian hackers. JPMorgan's AI tool significantly improved banking efficiency. Apple invested $1 billion in filmmaking to boost its streaming service, and Netflix ventured into live sports with a high-profile boxing match.

Portfolio Pulse from Piero Cingari

March 08, 2024 | 9:19 pm

ACB

Aurora Cannabis (NASDAQ:ACB), a leading global cannabis company, is well-positioned in Germany following the country's legalization of adult-use marijuana. Germany's reform is significant for Aurora, especially in the medical marijuana sector, where the company aims to expand its patient outreach. Aurora's VP of external affairs, Dirk Heitepriem, expressed optimism about leveraging their global experience for success in Germany's evolving market. The company's shares traded 3.92% higher at $3.18 per share following the news.

Portfolio Pulse from Nina Zdinjak

March 08, 2024 | 8:32 pm