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LGF/B

Lionsgate has finalized a deal with Sydney Sweeney and is in final negotiations with Amanda Seyfried for the thriller 'The Housemaid', directed by Paul Feig.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 4:08 pm

SMAR

Smartsheet has announced a revamped user experience at its annual ENGAGE conference, introducing new features aimed at improving collaboration, file organization, and data visualization. These enhancements are designed to provide a more intuitive and cohesive platform for organizations.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 4:04 pm

MSOS

Benzinga's Cannabis Capital Conference is currently discussing the role of Congress in advancing cannabis reform. This event may impact cannabis-related stocks and ETFs, such as MSOS, which is focused on the U.S. cannabis sector.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 4:00 pm

ABT

Abbott Laboratories (NYSE:ABT) is experiencing significant growth in its MedTech portfolio, with a CAGR of 11%-13%, and its non-MedTech operations are expanding at a slower pace. Oppenheimer analyst Suraj Kalia has initiated coverage with an Outperform rating and a price target of $130, citing the company's strong product pipeline and strategic acquisitions. Abbott's shares rose by 0.7% to $114.17.

Portfolio Pulse from Priya Nigam

October 08, 2024 | 3:59 pm

AMST

Amesite has launched the NurseMagic app, now available on Apple and Google Play stores. The app quickly reached #33 in the free medical/healthcare category and offers AI-powered tools to improve efficiency for nurses and healthcare staff.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 3:54 pm

MSOS

Dan Roda from Safe Harbor Financial discusses the challenges operators face in owning real estate collateral in certain markets, particularly in New York City, where costs are prohibitive.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 3:52 pm

MSOS

Dan Roda from Safe Harbor Financial notes that 2023 marks the first year with fewer active cannabis business licenses by year-end compared to the start. This is due to fewer new states launching cannabis programs, indicating market maturation and economic impacts.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 3:49 pm

MSOS

Security Bank President and CEO Stephan Paul Antonacci discussed consumer behavior, noting that while consumers may continue to purchase, they might not do so in the same quantities. This insight could have implications for consumer-focused sectors, including cannabis.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 3:46 pm

F

TM

TSLA

Toyota is delaying its US EV plans to 2026 due to an EV market slowdown, similar to Ford's recent actions. Despite this, Toyota remains committed to its EV goals, investing heavily in US factories. Tesla also faces challenges, missing Wall Street expectations and risking a decline in annual deliveries.

Portfolio Pulse from Upwallstreet

October 08, 2024 | 3:46 pm

MSOS

Aaron Grey, Managing Director of Equity Research Consumer & Cannabis, notes a tightened consumer wallet impacting various sectors, not just cannabis. Cannabis is increasingly seen as a staple social lubricant.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 3:45 pm