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MIRA

PSIG

SERV

SPWR

TELL

XCUR

U.S. stocks traded higher with the Nasdaq Composite gaining over 1%. The Chicago Fed National Activity index fell to 0.05 for June, better than expected. MIRA Pharmaceuticals, Tellurian, and Serve Robotics saw significant stock price increases, while Exicure, SunPower, and PS International Group experienced declines.

Portfolio Pulse from Avi Kapoor

July 22, 2024 | 1:44 pm

NITO

N2OFF, Inc. (NASDAQ:NITO) has entered the solar photovoltaic (PV) market through a partnership with Solterra Renewable Energy Ltd. This move is expected to provide lucrative opportunities for investors as the global solar PV market is projected to grow significantly.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 1:27 pm

TLRY

Tilray Brands Inc (NASDAQ:TLRY) shares are trading higher after the company announced that its cannabis cultivation facility in Germany received the first new cannabis cultivation license under Germany’s new Cannabis Act. This development is expected to positively impact the company's operations and patient care in Germany.

Portfolio Pulse from Adam Eckert

July 22, 2024 | 1:26 pm

AAWH

AYRWF

CBSTF

CRLBF

CURLF

GRUSF

GTBIF

RWB

TSNDF

Cannabis sales are booming in states like California and Michigan, with significant contributions from public companies such as Ascend Wellness Holdings, Grown Rogue International, TerrAscend Corp., and Red White & Bloom Brands. Michigan has surpassed California in unit sales, while Illinois, Massachusetts, and Missouri also report strong sales figures.

Portfolio Pulse from Jelena Martinovic

July 22, 2024 | 1:26 pm

NVDA

Shares of Nvidia are trading higher following a report suggesting the company is preparing a version of its AI chips for the Chinese market. Additionally, Piper Sandler maintained an Overweight rating and raised its price target from $120 to $140.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 1:19 pm

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JNJ

Johnson & Johnson has halted the development of its epilepsy drug candidate ADX71149 after disappointing Phase 2 data. This decision has significantly impacted Addex Therapeutics, whose stock dropped nearly 50%. The partnership between the two companies continues as they analyze the full data set.

Portfolio Pulse from Vandana Singh

July 22, 2024 | 1:15 pm

VHAI

Vocodia Holdings has announced a new client, MD Exam, and plans to integrate advanced AI into the telemedicine provider's contact center operations within 90 days following a successful pilot.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 1:13 pm

BTCUSD

Hong Kong is launching Asia's first Bitcoin futures inverse product, the CSOP Bitcoin Futures Daily (-1x) Inverse Product (7376.HK), on the Hong Kong Stock Exchange. This product aims to provide investment results that correspond to the inverse daily performance of the S&P Bitcoin Futures Index. The launch comes amid high Bitcoin volatility and significant market interest in futures-based Bitcoin inverse products.

Portfolio Pulse from Murtuza Merchant

July 22, 2024 | 1:12 pm

ASNS

Actelis Networks, Inc. (NASDAQ:ASNS) has received new orders worth over $150,000 from a tier-1 military contractor for its cyber-hardened networking solution, the GigaLine 800. This marks the first major deployment of the GL800 on U.S. military bases, following certifications from NIST and JITC, and inclusion on the U.S. Department of Defense's Approved Products List.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 1:06 pm

STLA

LG Energy Solution and General Motors (GM) are slowing down the construction of their third plant in Michigan due to weak EV demand and potential political shifts in the U.S. The project, initiated in 2022 with a $2.6 billion investment, is being adjusted for flexible operation. GM is also revising its EV production goals, and other Korean battery makers like Samsung SDI and SK On are facing similar challenges, potentially scaling back U.S. investments if political changes occur.

Portfolio Pulse from Shivani Kumaresan

July 22, 2024 | 1:05 pm