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CGC

Canopy Growth has announced that its subsidiary, Canopy USA, has completed the acquisition of Wana, a cannabis edibles company, for an undisclosed amount. This move is part of Canopy Growth's strategy to expand its presence in the cannabis market.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 11:34 am

TSLA

Tesla's upcoming robotaxi platform could significantly boost its enterprise value, potentially accounting for 90% of it over the next five years, according to Ark Invest. The unveiling of the robotaxi product is set for October 10, and Tesla's ability to scale quickly and leverage its existing infrastructure gives it an advantage over competitors like Waymo.

Portfolio Pulse from Anan Ashraf

October 09, 2024 | 11:33 am

EFX

GOOG

Equifax has expanded its partnership with Google Cloud to deliver anonymized data assets on Google Cloud's Analytics Hub. This collaboration aims to enhance data security and analytics capabilities.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 11:32 am

BWAY

BrainsWay is expanding its Deep Transcranial Magnetic Stimulation platform in East Asia by placing 15 new systems in Taiwan and South Korea. This expansion could enhance its market presence and revenue potential in the region.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 11:32 am

BIIB

Biogen announced that its drug Felzartamab has received FDA Breakthrough Therapy Designation for treating late antibody-mediated rejection in kidney transplant patients. This designation could expedite the drug's development and review process.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 11:31 am

RIVN

TSLA

WKSP

Worksport Ltd. is set to launch compatible tonneau covers for Rivian's R1T electric pickup, marking its entry into the EV aftermarket. This move aligns with Rivian's growing sales, presenting Worksport with a significant market opportunity. Additionally, Worksport plans to integrate its SOLIS Solar Cover and COR Portable Energy System with the R1T. The company is also expanding its sales to U.S. government agencies.

Portfolio Pulse from Vandana Singh

October 09, 2024 | 11:30 am

RIVN

WKSP

Worksport is nearing the completion of product engineering for accessories tailored for Rivian's R1T electric pickup truck. This move targets the expanding market of premium electric pickup trucks.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 11:30 am

RIVN

WKSP

Worksport has announced new tonneau cover models for the Rivian R1T, including an innovative solar tonneau cover. This development could impact both Worksport and Rivian in terms of product offerings and market competitiveness.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 11:30 am

ALTM

BA

NVDA

QQQ

SPY

US stock futures indicate a marginally lower opening, with Nvidia gaining in premarket trading. Traders are focused on the Federal Reserve's meeting minutes and upcoming economic data. Nvidia's rise is attributed to positive demand commentary for its chips. The bull market is nearing its second anniversary, with expectations of continued gains.

Portfolio Pulse from Shanthi Rexaline

October 09, 2024 | 11:29 am

CDNA

CareDx has appointed Jing Huang as the Chief Data and Artificial Intelligence Officer. This new role is part of the company's long-term strategic growth plan, focusing on key data science initiatives.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 11:26 am