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TIGR

Deep-pocketed investors are showing a bearish sentiment towards UP Fintech Holding (NASDAQ:TIGR), with 61% of options activity being bearish. This unusual activity suggests potential significant market movements. The stock is currently down by 11.57% at $8.51, with an earnings announcement expected in 47 days.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 2:02 pm

TSLA

Analyst Ming-Chi Kuo suggests that Tesla's upcoming robotaxi event may not lead to a significant short-term rally in TSLA stock, as mass production is expected in 1Q27. The focus is on Tesla's FSD technology meeting government requirements for Level 4 autonomy.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 1:48 pm

BIDU

Baidu (NASDAQ:BIDU) has seen a surge in options trading activity, with a mix of bullish and bearish sentiment among investors. The trading volume and open interest suggest a focus on a price range between $50 and $140. Despite a recent price drop, Baidu remains a key player in China's internet search market and is expanding into AI and autonomous driving.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 1:45 pm

CGC

Canopy Growth Corporation has expanded its U.S. presence by acquiring Wana, a top edibles brand, through its subsidiary Canopy USA. This acquisition, along with a majority stake in Jetty, positions Canopy USA for growth in the U.S. cannabis market. The strategy focuses on brand expansion and leveraging partnerships rather than heavy investment in cultivation.

Portfolio Pulse from Jelena Martinovic

October 09, 2024 | 1:42 pm

BAX

Baxter is increasing the allocation levels of high-demand IV fluids for direct customers and distributors in the U.S. This change will be effective from October 9, 2024, as per an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 1:32 pm

VRNOF

Verano Holdings CEO George Archos discusses the potential rescheduling of cannabis from Schedule I to Schedule III, which could significantly impact the industry by removing tax burdens and enabling further reforms like banking access. Archos emphasizes Verano's adaptability in navigating fragmented regulations and highlights the company's mission driven by personal experiences with cannabis. Verano's hospitality approach in its retail stores is seen as a competitive advantage.

Portfolio Pulse from Franca Quarneti

October 09, 2024 | 1:27 pm

BFRG

BullFrog AI's shares rose following the publication of research in Cell Reports, highlighting the potential of its drug candidate BF-114 for treating liver diseases.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 1:25 pm

CIBR

DGIN

INFY

MSFT

Infosys has expanded its partnership with Microsoft to accelerate the adoption of generative AI and Microsoft Azure globally. This collaboration aims to enhance technology investments for joint customers, focusing on sectors like Finance, Healthcare, Supply Chain, and Telecommunications. Infosys will also serve as a strategic supplier to enhance Microsoft's Cloud and AI workloads.

Portfolio Pulse from Lekha Gupta

October 09, 2024 | 1:24 pm

BA

TSLA

Baidu is planning a global expansion of its robotaxi service, posing a potential threat to Tesla's dominance in the electric vehicle market. Meanwhile, Boeing has ended negotiations with striking workers, which has negatively impacted its credit rating.

Portfolio Pulse from Akanksha Bakshi

October 09, 2024 | 1:23 pm

NVDA

VCIG

VCI Global Limited, through its subsidiary V-Gallant, is offering AI solutions using NVIDIA's H200 Tensor Core GPUs. This integration aims to enhance enterprise operational efficiency by optimizing computing power and automating tasks.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 1:20 pm