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In Monday's trading session, the stock market saw mixed results with the Dow Jones falling and NASDAQ rising. Trump Media & Technology Group, CXApp Inc., Micron Technology, Walgreens Boots Alliance, and Tesla were among the most notable stocks. Trump Media disclosed significant losses, CXApp surged after a partnership with Google Cloud, Micron Technology gained on positive performance, Walgreens dropped but showed potential for a bullish future, and Tesla slightly fell amidst competition.

Portfolio Pulse from Benzinga Neuro

April 02, 2024 | 3:47 am

CGC

Wana Brands and the Wana Brands Foundation have donated over $4.2 million to more than 150 charities since 2021, emphasizing sustainability and social responsibility. The #4ward20 campaign, initiated in 2021, showcases the company's commitment to community well-being over commercial gains. Nancy Whiteman, CEO, highlights the importance of this philanthropic effort. The foundation, established with support from Canopy Growth Corporation (NASDAQ:CGC), focuses on critical needs like food security and mental health.

Portfolio Pulse from Patricio Liddle

April 02, 2024 | 1:11 am

TCNNF

VRNOF

The Florida Supreme Court's decision to allow a cannabis legalization amendment on the November 2024 ballot has been met with enthusiasm from the cannabis community, including executives from Trulieve Cannabis Corp (TCNNF) and Verano Holdings Corp (VRNOF). Both companies have expressed their support for the initiative, which could significantly impact the cannabis market in Florida, the nation's largest medical cannabis market.

Portfolio Pulse from Maureen Meehan

April 01, 2024 | 11:21 pm

MSFT

OpenAI, backed by a significant investment from Microsoft Corp (NASDAQ:MSFT), unveiled its new product, 'Voice Engine,' a voice cloning tool. This development marks Microsoft's aggressive expansion into the AI space. Voice Engine, which has been in development for two years, allows users to clone voices from a 15-second sample. Despite potential risks associated with deepfake technology, OpenAI emphasizes responsible deployment. The tool is initially available to a select group of developers.

Portfolio Pulse from Chris Katje

April 01, 2024 | 10:45 pm

NTDOY

Ed Wu, senior VP of Pokémon Go, discussed the game's future, teasing major updates and a focus on growth as it approaches its 10th anniversary. Developed by Niantic, a subsidiary of Alphabet, in partnership with Nintendo ADR (NTDOY) and The Pokémon Company, Pokémon Go plans to revamp its Avatar system and introduce significant features in 2024. Wu emphasized the game's ongoing investment to ensure its longevity and addressed technical improvements and monetization strategies.

Portfolio Pulse from Franca Quarneti

April 01, 2024 | 9:12 pm

SIGA

SIGA Technologies has amended its international promotion agreement with Meridian Medical, taking primary responsibility for promoting oral TPOXX in specific territories, including the European Union. The amendment extends the promotion agreement by two years and maintains Meridian's contract with the European Commission's DG Health Emergency Preparedness and Response Authority (HERA).

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 8:07 pm

AEON

CXAI

DOMA

IRON

NVVE

SBFM

U.S. stocks traded lower with the S&P 500, Dow, and NASDAQ all seeing declines. CXApp Inc. shares surged 145% after announcing a partnership with Google Cloud. Sunshine Biopharma and Doma Holdings also saw significant gains, while Nuvve Holding, AEON Biopharma, and Disc Medicine experienced sharp declines. Torrid Holdings reported strong Q4 results. In commodities, gold and oil prices increased.

Portfolio Pulse from Avi Kapoor

April 01, 2024 | 7:02 pm

CXAI

EIGR

NVVE

VSTE

ZPTA

Nuvve Holding Corp. shares plummeted by approximately 30% after reporting Q4 financial results significantly below market expectations. Other stocks experienced notable movements, with Vast Renewables and CXApp Inc. leading the gainers, while Eiger BioPharmaceuticals and Andretti Acquisition Corp. were among the biggest losers.

Portfolio Pulse from Avi Kapoor

April 01, 2024 | 6:31 pm

FDX

UPS

UPS has secured a contract to become the primary air cargo provider for the USPS, ending FedEx's 20-year partnership. This deal marks a significant win for UPS, potentially boosting its market position and revenue streams. Over the past year, UPS's stock declined by 20.97%, while FedEx's stock increased by 25.34%. Analysts predict a potential upside of 7.18% for UPS and 11.2% for FedEx, despite UPS having a slightly higher forward P/E ratio of 15.31 compared to FedEx's 13.24.

Portfolio Pulse from Surbhi Jain

April 01, 2024 | 6:03 pm

TONUSD

Telegram has launched a new advertising system powered by Toncoin (CRYPTO: TON), allowing channel owners with over 1,000 subscribers to earn 50% of ad revenue. This system emphasizes privacy and creator revenue sharing, offering a unique alternative in social media advertising. The system's success and its impact on social media monetization will be further discussed at Benzinga's Future of Digital Assets event.

Portfolio Pulse from Murtuza Merchant

April 01, 2024 | 5:52 pm