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Partnerships

AMC

CGC

IONQ

MSTR

Benzinga's Stock Whisper Index highlights Canopy Growth Corp, JD.Com Inc, MicroStrategy Inc, AMC Entertainment Holdings Inc, and IonQ Inc as stocks to watch. Canopy Growth benefits from Germany's cannabis legalization, JD.Com sees investor interest post-earnings, MicroStrategy's Bitcoin strategy draws attention, AMC plans a stock offering, and IonQ announces strategic agreements and a new team member.

Portfolio Pulse from Chris Katje

March 29, 2024 | 2:01 pm

ALB

SQM

XOM

Chile plans to double its lithium output in the next decade by opening 26 new salt flats for extraction, aiming to address potential lithium shortages and meet the quadrupling global demand by 2030. Sociedad Química y Minera de Chile S.A. (SQM) and Albemarle Corporation (ALB) are key players in Chile's lithium sector. Meanwhile, in the U.S., companies like Tetra Technologies face regulatory hurdles in lithium extraction, despite partnerships like the one with Exxon Mobil (XOM) for lithium extraction in Arkansas.

Portfolio Pulse from Stjepan Kalinic

March 29, 2024 | 12:22 pm

KRE

'Rich Dad Poor Dad' author Robert Kiyosaki predicts a financial crisis in the US similar to China's, impacting baby boomers' retirement plans. He attributes the crisis to the collapse of major entities in China and warns of similar issues in the US commercial real estate sector. Kiyosaki advises investing in tangible assets like gold, silver, and Bitcoin over fiat currency or real estate investment trusts (REITs). The SPDR S&P Regional Banking ETF (KRE) is mentioned in relation to the challenges faced by the US banking system, including the exposure of regional banks to commercial real estate.

Portfolio Pulse from Shanthi Rexaline

March 29, 2024 | 12:12 pm

SHIBUSD

Shiba Inu (SHIB) is up 3.5% amid overall strength in altcoins and Bitcoin surpassing $70,000. Elon Musk's payment company's expansion and Dogecoin's surge have fueled optimism in meme coins, potentially benefiting SHIB. Bitcoin ETFs also saw significant inflows, indicating growing confidence in cryptocurrencies.

Portfolio Pulse from Henry Khederian

March 29, 2024 | 2:11 am

ATLX

GROY

USAP

XPL

Gold Royalty expects 2024 revenue to double with major royalties entering production. Universal Stainless & Alloy Products reports record sales in Q4 2023 and annual sales for 2023, with significant growth in premium alloy and aerospace sales. Atlas Lithium secures a $30M investment and offtake agreement with Mitsui & Co., aiming to expedite the development of its lithium mine. Solitario Resources discovers a high-grade gold zone at its Golden Crest project.

Portfolio Pulse from Austin DeNoce

March 28, 2024 | 8:56 pm

EXPE

Expedia Group announced leadership changes with Jon Gieselman departing and Brad Bentley and Jochen Koedijk stepping into new roles as COO of Consumer Business and CMO, respectively. These changes come as Expedia aims to build on its marketing and tech foundations for growth. Gieselman's tenure saw the creation of a unified marketing team and the launch of the One Key loyalty program. Koedijk and Bentley are expected to leverage their experience to drive future growth and maintain Expedia's competitive edge in the travel industry.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:48 pm

XIACF

Cheche Group has entered into a partnership with Xiaomi Group to offer auto insurance service solutions to car owners across multiple cities in China. This collaboration aims to leverage Cheche Group's expertise in insurance services with Xiaomi's vast consumer base and technological prowess, potentially increasing market penetration and customer satisfaction for both companies.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:46 pm

Planet Labs PBC (NYSE:PL) has signed a $20M data-license agreement with Carbon Mapper, Inc. to provide hyperspectral imagery until 2030. This partnership aims to enhance global methane and CO2 monitoring. The deal, supported by climate philanthropy, extends an existing agreement and supports the Tanager hyperspectral constellation's development. The first Tanager satellite launch is planned for 2024, with applications spanning commercial, civil, and defense sectors.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:42 pm

SPOT

UMGNF

Spotify Technology SA (NYSE:SPOT) shares rose after announcing an expansion with Universal Music Group (OTC:UMGNF) for promotional and social tools for UMG artists and a new agreement with Universal Music Publishing Group to distribute music videos in the US. KeyBanc Capital Markets analyst Justin Patterson reiterated an Overweight rating on Spotify with a $300 price forecast, citing encouraging app download and Google Search query trends, and a potential for at least 77 million MAUs and 25 million Premium Subscribers. Patterson also highlighted the potential for mid- to high-teens growth profile with improving operating margins for Spotify.

Portfolio Pulse from Nabaparna Bhattacharya

March 28, 2024 | 6:50 pm

EVLV

The New York Police Department (NYPD) has reached out to Evolv Technologies to explore the use of its security solutions. This development indicates potential new business opportunities for Evolv Technologies.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 6:43 pm