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DUK

Florida Governor Ron DeSantis has expressed gratitude to utility linemen for their readiness to respond to Tropical Storm Debby, which is expected to bring high winds and heavy rainfall, potentially causing power outages. Duke Energy Corp. has also urged customers to heed warnings and take necessary precautions.

Portfolio Pulse from Benzinga Neuro

August 05, 2024 | 12:53 am

BITO

BTCUSD

Economist Peter Schiff warns of a potential 'Crypto Black Monday' if Bitcoin falls below its July low, which could trigger mass liquidations in Bitcoin ETFs. Bitcoin recently fell below $58,000 but recovered slightly. Schiff believes Bitcoin ETF buyers are not long-term holders and may panic sell.

Portfolio Pulse from Shanthi Rexaline

August 04, 2024 | 9:31 pm

AAPL

AMZN

INTC

META

MSFT

NVDA

The Biden administration announced a new rule on foreign chip equipment exports to China, with exemptions for key allies. Microsoft, Meta, and Apple reported strong earnings, beating analyst estimates. Amazon faces a shift in consumer preferences and product recalls. Nvidia is launching a new chip in China, and Intel offers extended warranties for its CPUs.

Portfolio Pulse from Lekha Gupta

August 04, 2024 | 4:30 pm

CURLF

GTBIF

HITI

TCNNF

VRNOF

New York's cannabis market is expanding as officials crack down on illegal sales, boosting the legal market. Curaleaf and Green Thumb Industries are opening new dispensaries in New York. Other states and Canada are also seeing new cannabis store openings by companies like Verano Holdings, Trulieve Cannabis, and High Tide.

Portfolio Pulse from Jelena Martinovic

August 04, 2024 | 2:46 pm

GBTC

MSTR

This week in cryptocurrency saw significant developments including Mike Novogratz predicting Kamala Harris may embrace crypto, Peter Schiff criticizing Trump and Saylor's Bitcoin strategy, and the FBI warning of crypto exchange impersonation scams. Notably, Grayscale Bitcoin Trust (GBTC) experienced an 11% drop following the announcement of a spinoff into a new ETF.

Portfolio Pulse from Benzinga Neuro

August 04, 2024 | 1:26 pm

AAPL

Apple Inc. (NASDAQ:AAPL) had a dynamic week with Q3 earnings surpassing expectations, excitement over AI capabilities, a crackdown on App Store fees, a new vehicle camera system patent, and news about the iPhone 16 models missing initial AI features.

Portfolio Pulse from Benzinga Neuro

August 04, 2024 | 1:26 pm

F

KARS

LCID

TSLA

UBER

The EV sector faced selling pressure last week amid a broader market downturn. Tesla's stock dipped despite strong sales in China and positive updates on its FSD technology. Uber partnered with BYD to introduce 100,000 new EVs to its platform. Lucid Motors provided an update on its Gravity SUV production. Ford reported a significant increase in EV sales for July. The KraneShares Electric Vehicles and Future Mobility Index ETF fell 3.47% for the week.

Portfolio Pulse from Shanthi Rexaline

August 03, 2024 | 5:30 pm

TCNNF

Ohio medical marijuana dispensaries have been approved to launch recreational cannabis sales starting August 6. The Ohio Division of Cannabis Control will issue dual-use certificates to existing medical marijuana shops. Trulieve, a Florida-based multi-state operator, announced it will begin sales on the same date. Ohio's cannabis industry is expected to generate $1 billion annually and create 3,300 full-time jobs in the first year.

Portfolio Pulse from Maureen Meehan

August 03, 2024 | 4:30 pm

TSLA

Elon Musk discussed the idea of a 'government deficiency commission' with Donald Trump, expressing interest in joining it to reduce regulatory accumulation. Musk believes this could help key projects like high-speed rail. Despite Trump's stance against EV subsidies, Musk thinks the impact on Tesla would be slight and could benefit the company long-term.

Portfolio Pulse from Anan Ashraf

August 03, 2024 | 7:44 am

TSLA

Tesla Inc (NASDAQ:TSLA) announced that it can produce one Powerwall 3 unit every 25 seconds, amounting to over 700,000 units annually. The Powerwall 3, a home battery for storing solar energy, has contributed to a 100% year-on-year revenue increase in Tesla's energy generation and storage segment. Tesla expects its energy business revenue growth to outpace its automotive segment for 2024.

Portfolio Pulse from Anan Ashraf

August 03, 2024 | 6:56 am