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MSFT

Microsoft is ending its Xbox Ambassadors program after 13 years, with a complete shutdown by October 15, 2024. The program's closure is part of a shift in community engagement strategies, focusing on Xbox Rewards and Xbox Research. This comes amid a challenging year for Microsoft Gaming, marked by layoffs and studio closures.

Portfolio Pulse from Franca Quarneti

September 20, 2024 | 7:06 pm

TCNNF

A Georgia pharmacy has begun selling low-THC medical marijuana, marking a new frontier in cannabis sales. Despite DEA opposition, the Georgia Board of Pharmacy is allowing pharmacies to dispense medical cannabis, with Botanical Sciences LLC and Trulieve Cannabis Corp. supplying products.

Portfolio Pulse from Jelena Martinovic

September 20, 2024 | 7:02 pm

SONY

Sony Group Corp. (NYSE:SONY) announced that the Silent Hill 2 remake will be a PlayStation 5 exclusive for one year, launching on October 8, 2024. The game will also be available on PC, with other consoles receiving it a year later. The remake will feature modern gameplay enhancements while staying true to the original's narrative.

Portfolio Pulse from Franca Quarneti

September 20, 2024 | 6:51 pm

SBUX

Wealthy investors are showing interest in Starbucks (NASDAQ:SBUX) through significant options trades, with a mix of bullish and bearish sentiments. The options activity suggests a price target range of $85 to $125. Starbucks' stock is currently trading at $96.81, with a slight decrease of 0.09%.

Portfolio Pulse from Benzinga Insights

September 20, 2024 | 6:39 pm

GOOGL

MSFT

NVDA

This week, AI-focused stocks like Nvidia, Microsoft, and Alphabet experienced fluctuations due to optimism about AI's potential and concerns over high valuations. Nvidia benefits from strong AI chip demand but faces valuation skepticism. Microsoft's AI integration through OpenAI boosts its stock, while Alphabet's AI innovations are tempered by regulatory concerns.

Portfolio Pulse from Benjamin Locke

September 20, 2024 | 6:39 pm

BTCUSD

COREUSD

Core Blockchain's DeFi TVL increased by over 1000% in Q2 2024, reaching $76.4 million. The platform introduced non-custodial BTC staking and launched yield-bearing BTC ETPs in Europe, expanding its global presence and investment opportunities.

Portfolio Pulse from Khyathi Dalal

September 20, 2024 | 6:31 pm

CEG

The US Nuclear Regulatory Commission (NRC) has not yet received an application from Constellation Energy to restart the Three Mile Island reactor. The NRC anticipates that the review process will be completed by 2027.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 5:59 pm

BK

Bank of New York Mellon (BNY) has become the first bank to receive an SEC exemption from SAB 121, allowing it to custody Bitcoin. This development marks a significant step in the integration of cryptocurrency into traditional banking services.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 5:53 pm

BNGE

DIS

GK

Walt Disney Company has appointed Jared Bush as Chief Creative Officer of Walt Disney Animation Studios, while Jennifer Lee steps back to focus on the Frozen franchise. The Frozen series is crucial for Disney, having grossed billions globally. Disney's stock has gained over 13% in the past year.

Portfolio Pulse from Nabaparna Bhattacharya

September 20, 2024 | 5:51 pm

JNJ

Johnson & Johnson's Rybrevant receives its third FDA approval in 2024 for treating a specific type of inoperable lung cancer. The approval is based on a study showing significant improvement in progression-free survival when combined with chemotherapy.

Portfolio Pulse from Vandana Singh

September 20, 2024 | 5:29 pm