Streetbeat News

Partnerships

TCNNF

Trulieve Cannabis Corp. will hold a conference call on Nov. 5, 2024, to discuss its Q3 financial results. The company recently reported increased revenues and entered a partnership with Black Buddha Cannabis. Trulieve is also actively supporting cannabis legalization in Florida with significant donations.

Portfolio Pulse from Jelena Martinovic

October 14, 2024 | 5:51 pm

AFRM

IPAY

TIME

Affirm Holdings, Inc. (AFRM) shares rose after Wedbush upgraded its rating and increased the price target, citing benefits from lower interest rates and a partnership with Apple Pay. The analyst expects improved margins and GMV growth, though competition and recession risks remain.

Portfolio Pulse from Lekha Gupta

October 14, 2024 | 5:50 pm

BLCO

DJT

NVDA

SIRI

U.S. stocks rose on Monday, with notable gains for NVIDIA, Trump Media & Technology, Bausch + Lomb, and Sirius XM. NVIDIA's shares increased by 2.9% following a recommendation from a Chinese think tank to continue using its chips. Trump Media surged 16.2% after launching a new streaming service. Bausch + Lomb rose 8.8% after FDA approval of a product and potential acquisition interest. Sirius XM gained 8.1% as Berkshire Hathaway increased its stake.

Portfolio Pulse from Avi Kapoor

October 14, 2024 | 5:47 pm

PBR

VALE

Petrobras plans to start operations of the FPSO Almirante Tamandare in the Buzios field by early 2025 and is working on a decarbonization partnership with Vale, which may include supplying renewable marine fuel and diesel. Petrobras will also launch a bid for two FPSO vessels for the Sergipe project soon.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 4:31 pm

ROKU

Roku Inc. (NASDAQ:ROKU) is experiencing a bullish trend with a Golden Cross formation, indicating strong upward momentum. The company is strategically expanding its advertising partnerships, notably with Instacart, to enhance ad effectiveness. Analysts have raised price targets, reflecting optimism about Roku's growth potential in the connected TV advertising space.

Portfolio Pulse from Surbhi Jain

October 14, 2024 | 4:20 pm

MULN

Mullen Automotive shares rose as the company announced the creation of Mullen Credit Corporation to support its dealership network with financing options. This move aims to boost sales and market share, with projected significant sales growth by 2025.

Portfolio Pulse from Lekha Gupta

October 14, 2024 | 4:03 pm

CRWD

LNVGY

S

Piper Sandler upgraded SentinelOne (NYSE:S) from Neutral to Overweight, raising the price target from $25 to $32, citing three catalysts: expanded partnership with Lenovo, potential gains from CrowdStrike's issues, and growth in Purple AI. SentinelOne shares rose 2.84% to $26.44.

Portfolio Pulse from Priya Nigam

October 14, 2024 | 3:47 pm

BBAI

BigBear.ai Holdings Inc (NYSE:BBAI) shares surged by 12.4% after securing a $165.15 million contract with the U.S. Army for Global Force Information Management Production Services. This contract supports the Army's digital transformation and modernization efforts.

Portfolio Pulse from Henry Khederian

October 14, 2024 | 3:22 pm

IDGT

META

MRVL

SPRX

Marvell Technology's stock is rising due to its collaboration with Meta Platforms on a custom 5nm network interface controller ASIC. This development enhances performance and efficiency for Meta's infrastructure needs. Marvell will also contribute to the Open Compute Project community.

Portfolio Pulse from Lekha Gupta

October 14, 2024 | 3:10 pm

SOFI

SoFi Technologies Inc (NASDAQ:SOFI) has seen a 9% stock surge following a $2 billion loan agreement with Fortress Investment Group, aimed at expanding its loan platform. The company has also introduced new credit cards and is benefiting from positive economic indicators and a recent Federal Reserve rate cut. With a Golden Cross and strong technical indicators, SoFi is positioned for potential further gains ahead of its upcoming earnings report.

Portfolio Pulse from Surbhi Jain

October 14, 2024 | 3:08 pm