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BTCUSD

Bitcoin advocate Jeremy Kauffman criticized the 'number go up' culture in the Bitcoin community, arguing that it has driven out advocates of financial privacy and freedom. He believes the issues with Bitcoin are cultural rather than technological or regulatory, and expressed disappointment with Bitcoin's inability to assist in situations like the Canadian truckers' protest. Kauffman suggests that the focus on Bitcoin's monetary value has overshadowed its potential as a free currency.

Portfolio Pulse from Khyathi Dalal

July 30, 2024 | 6:42 pm

MSFT

OpenAI has started rolling out its new voice assistant after addressing safety concerns that caused a delay. This development is significant for OpenAI's operations and its partnership with Microsoft, which has invested heavily in the AI company.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 6:34 pm

MSFT

Activision, a subsidiary of Microsoft, released a study on the effects of skill-based matchmaking (SBMM) in Call of Duty: Modern Warfare 3. The study found that reducing the importance of skill in matchmaking led to a significant decline in player retention, particularly among lower-skilled players. The findings suggest that maintaining a balanced SBMM system is crucial for keeping a diverse player base engaged.

Portfolio Pulse from Franca Quarneti

July 30, 2024 | 6:31 pm

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IMNN

JBLU

PCSA

QXO

SMRT

U.S. stocks traded mixed with the Dow Jones gaining over 200 points, while the NASDAQ and S&P 500 fell. Energy shares rose, while information technology shares declined. JetBlue Airways surged 17% on better-than-expected Q2 results, while QXO, Inc. plummeted 80% due to private placements. Imunon, Inc. and Processa Pharmaceuticals saw significant gains on positive clinical trial news.

Portfolio Pulse from Avi Kapoor

July 30, 2024 | 6:31 pm

EWC

FXI

China's electric vehicle (EV) manufacturer BYD is preparing to enter the Canadian market, according to documents reviewed by Automotive News. This move could impact the competitive landscape in North America, particularly for companies involved in the EV sector.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 6:26 pm

GWAYF

Greenway Greenhouse Cannabis Corporation (CSE:GWAY) (OTCQB:GWAYF) reported a net loss of CA$4.7 million for the fiscal year ending March 31, 2024, up from CA$2.6 million the previous year. Despite the loss, the company saw a 9% increase in Q4 revenue YoY and a 33% increase in total grams sold. The company also reduced liabilities by 59% and launched its first consumer products in Ontario.

Portfolio Pulse from Jelena Martinovic

July 30, 2024 | 6:23 pm

MSFT

Microsoft Azure experienced errors due to an unexpected spike in usage, as reported by Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 6:16 pm

STLA

Stellantis N.V. (NYSE:STLA) shares are trading lower due to multiple developments. The company’s unit, Leapmotor International, has shipped its first batch of electric vehicles to Europe, marking a significant milestone. Additionally, Stellantis is offering voluntary buyouts to U.S. salaried workers as part of cost-cutting measures.

Portfolio Pulse from Nabaparna Bhattacharya

July 30, 2024 | 6:05 pm

MSFT

SBUX

Starbucks experienced an app outage due to issues with Microsoft Azure, as reported by Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 6:03 pm

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SBUX

VTI

XLY

Starbucks (SBUX) shares experienced volatility on Tuesday due to technical issues with its mobile ordering system, affecting users in multiple cities. The company is under scrutiny ahead of its fiscal third-quarter earnings report, especially after a recent activist investor stake. Starbucks has faced similar issues earlier this month and has been offering more discounts to boost demand. The stock has lost about 26% in the last 12 months.

Portfolio Pulse from Shivani Kumaresan

July 30, 2024 | 5:59 pm