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ATVI

CCL

MDGL

NKE

TSLA

U.S. stocks traded higher with the Dow Jones gaining over 110 points on Thursday. Among the top stocks that gained the attention of retail traders and investors were Nike, Carnival Corporation, Activision Blizzard, Madrigal Pharmaceuticals, and Tesla. Nike reported a 2% increase in fiscal first-quarter revenue, missing estimates, but EPS beat expectations. Carnival is set to report third-quarter earnings, with expectations of 75 cents per share and revenue of $6.69 billion. Activision faced regulatory hurdles in the U.K. Madrigal announced a $500 million public offering of its common stock. Tesla's shares traded higher, bolstered by Morgan Stanley maintaining an Overweight rating and a $400 target on the stock.

Portfolio Pulse from Benzinga Neuro

September 29, 2023 | 1:47 am

ACRGF

The Northeast U.S. cannabis market is showing significant growth potential, with industry experts emphasizing the need for collaboration between legacy operators and established companies. At the Benzinga Cannabis Capital Conference, Rebecca Kirk, executive vice president of operations at Acreage Holdings Inc (OTC:ACRGF), highlighted the importance of achieving profitability in the industry. The Northeast cannabis market is seen as a 'sleeping giant' now awakening, with a focus on cultural transformation and unique experiences. The panel also discussed the importance of lowering barriers to entry for legacy market participants and the need for education, mentorship, and financial support.

Portfolio Pulse from Nicolás Jose Rodriguez

September 28, 2023 | 11:40 pm

BTCUSD

Morgan Creek Capital Management CEO, Mark Yusko, predicts Bitcoin (CRYPTO: BTC) could reach a $5 trillion market cap, replacing gold as the currency standard. Yusko has set a price target of $100,000 by mid-2024 and $300,000 by 2028. He also mentioned that Morgan Creek has been buying Bitcoin since 2018 and has no plans to sell any of it for a long time.

Portfolio Pulse from Chris Katje

September 28, 2023 | 9:52 pm

CMG

GOOG

NFLX

QSR

Pershing Capital's founder, Bill Ackman, confirmed investments in Alphabet Inc (NASDAQ:GOOG) and expressed his belief in Google's potential in AI technology. Ackman also mentioned losses on Netflix Inc (NASDAQ:NFLX). According to recent filings, Chipotle Mexican Grill (NYSE:CMG) and Restaurant Brands International Inc (NYSE:QSR) are the fund's two largest holdings, indicating recent purchases of Google shares. Google's stock rose by about .7% after Ackman's comments.

Portfolio Pulse from Aaron Bry

September 28, 2023 | 9:42 pm

GNLN

UGRO

Ancillary companies in the cannabis industry are gaining attention due to their ability to list on US exchanges and access banking services. These companies, which do not directly touch the cannabis plant, are seen as a good investment opportunity. Key figures in the sector, including Gary Santo of Meridius Capital Advisors and Craig Snyder, CEO of Greenlane Holdings (NASDAQ:GNLN), highlighted the importance of customer success, trust, and collaboration in the industry. Bradley Natrass, CEO of Urban-gro, Inc (NASDAQ:UGRO), emphasized the importance of trust and transparency in business relationships.

Portfolio Pulse from Franca Quarneti

September 28, 2023 | 9:38 pm

META

MSFT

NVDA

SNOW

Brad Gerstner, CEO of Altimeter Capital, expressed optimism for the potential of artificial intelligence (AI), stating it could be more impactful than the internet or mobile technology. His comments come amid a surge of interest in AI, which led Nvidia Corp. to rise 190% and exceed a market cap of $1 trillion. Altimeter Capital held significant stakes in Meta Platforms Inc., Microsoft Corp., Nvidia, and Snowflake Inc. at the end of the second quarter.

Portfolio Pulse from Piero Cingari

September 28, 2023 | 9:16 pm

CURLF

Boris Jordan, founder and executive chairman of Curaleaf Holdings Inc (OTCQX:CURLF), stated that Europe is the biggest opportunity for growth in the cannabis sector in the next five years. The company has recently secured a brokerage license and securities license in Canada, opening up new opportunities in the Canadian market. Jordan also highlighted the significance of recent regulatory changes in the U.S. and the company's efforts to enhance operational efficiency. Curaleaf shares were trading up at 0.94% at $4.49 at market close Thursday afternoon.

Portfolio Pulse from Joana Scopel

September 28, 2023 | 9:14 pm

In the last quarter, General Electric (NYSE:GE) received mostly bullish ratings from analysts. Over the past 3 months, 10 analysts have offered 12-month price targets for GE, with an average price target of $127.8, a high of $141.00, and a low of $105.00. The average price target has increased by 9.54% over the past month.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 9:00 pm

ILMN

Over the last quarter, Illumina (NASDAQ:ILMN) has received various analyst ratings. In total, 11 analysts have offered 12-month price targets for Illumina, with an average price target of $222.82, a decrease of 10.87% from the previous average price target of $250.00.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 9:00 pm

LHX

Over the past 3 months, 9 analysts have published their opinion on L3Harris Technologies (NYSE:LHX) stock. The average price target is $216.44, a decrease of 6.23% from the previous average price target of $230.83. The ratings are mixed with 2 bullish, 3 somewhat bullish, and 4 indifferent.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 9:00 pm