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Germany's partial legalization of cannabis is expected to have a domino effect across Europe, inspiring other nations to reevaluate their cannabis policies. Industry experts from Demecan, Tilray Brands, and Canopy Growth's Storz & Bickel discuss the opportunities and challenges in the German market, including high barriers to entry and rigorous quality control standards. The reform is seen as a significant opportunity for growth and expansion, particularly for companies like Carma HoldCo, which is exploring avenues to establish a strong foothold in Germany.

Portfolio Pulse from Nina Zdinjak

March 01, 2024 | 3:25 pm

AMD

BA

TSLA

The article covers a range of topics from cryptocurrency trends, with Dogecoin surging and Bitcoin and Ethereum cooling, to US politics, including Biden vs. Trump voter preferences. It also touches on US and world politics, the economy, tech developments, electric vehicles, consumer issues, communication, industrial contracts, healthcare, general news, space exploration, and energy sector updates. Notably, it mentions companies like AMD, Tesla, and Boeing, among others, in various contexts from stock performance to new contracts and product updates.

Portfolio Pulse from Akanksha Bakshi

March 01, 2024 | 2:46 pm

GPS

Gap Inc's Athleta brand has announced a five-year partnership with Olympic swimmer Katie Ledecky, aiming to empower women and girls through the Power of She Collective. Ledecky will advise on Athleta's impact platform and participate in product testing. Gap shares rose 0.32% in premarket trading.

Portfolio Pulse from Shivani Kumaresan

March 01, 2024 | 2:07 pm

NSC

Ancora Holdings Group, LLC and its affiliates (the Investor Group), holding a significant stake in Norfolk Southern Corporation (NYSE:NSC), issued an open letter criticizing the company's leadership and proposing changes. They highlighted CEO Alan Shaw's 37% pay raise despite poor performance, including the East Palestine derailment. The Investor Group nominated eight candidates for the board and proposed a new management team, urging a focus on safety, growth, and value creation. They criticized the current board's actions as serving CEO interests over shareholders and called for a fact-based election contest.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 1:37 pm

PEP

PepsiCo announced a global rollout of the first visual identity change for Pepsi in 14 years, introducing a redesigned and refreshed Pepsi Globe logo across 120 countries. This marks a significant brand refresh aimed at modernizing the brand's image.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 12:28 pm

EU

Encore Energy announced the launch of scholarship programs and an education society, aiming to support education and provide financial assistance to students.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 12:10 pm

GH

Guardant Health announced results from a new survey indicating both patients and physicians believe blood-based testing could bridge the colorectal cancer (CRC) screening gap by providing a more pleasant and convenient option.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 10:37 am

TSLA

Tesla Inc (NASDAQ:TSLA) has increased the prices of certain Model Y variants in the U.S. by $1000 and is offering incentives on new vehicle purchases in China. In the U.S., the Model Y rear-wheel drive and Long Range prices have been raised, while the Performance variant's price remains unchanged. This follows a temporary price cut in February aimed at boosting winter sales. In China, Tesla is offering discounts on inventory Model 3 and Y vehicles to enhance competitiveness, especially against BYD, which recently surpassed Tesla in BEV sales.

Portfolio Pulse from Anan Ashraf

March 01, 2024 | 10:14 am

IDT

WaveMAX Corporation has relaunched its SharedFi mobile app, allowing users to share and monetize WiFi networks in partnership with MVNOs. The app now includes Zendit functionality, a business of IDT Corporation, for mobile top-ups and eSIM services, as announced at MWC 2024.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 8:57 am

META

Meta Platforms (NASDAQ:META) announced it will stop paying news publishers for content in Australia, France, and Germany. This decision aligns with Meta's strategy of reducing news and political content promotion and follows the termination of its news tab in the U.K., France, and Germany. The move could lead to conflicts with the Australian government, which can appoint mediators for fee determination under a 2021 law. Meta's stance on not compensating news publishers could impact traffic referrals and revenue for news publishers.

Portfolio Pulse from Benzinga Neuro

March 01, 2024 | 6:15 am