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MSFT

Microsoft is organizing a cybersecurity event in September to address changes following a CrowdStrike outage, as reported by Reuters citing CNBC.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 3:03 pm

F

Ford Motor Co (NYSE:F) is facing a bearish outlook as it experiences a Death Cross, with its stock falling 8.7% YTD and 19% in the past month. The company has delayed its electric F-150 to 2027 and scrapped its three-row electric SUV, raising concerns about its EV strategy. Technical indicators suggest a continued downtrend.

Portfolio Pulse from Surbhi Jain

August 23, 2024 | 3:01 pm

VOD

Vodafone and 1&1 have launched a national roaming partnership, allowing new 1&1 customers to access Vodafone's mobile network starting August 29, 2024. The final contract has been signed, setting the stage for collaboration.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 2:58 pm

SHOP

Recent options trading activity for Shopify (NYSE:SHOP) shows a bullish trend among significant investors, with 66% of trades having bullish expectations. The price target for Shopify is between $65.0 and $90.0. The stock is currently trading at $75.62, up by 1.78%, and may be approaching overbought territory.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 2:31 pm

EQNR

GINX

KEAT

Equinor ASA shares rose after the company canceled its plans to invest in Vietnam's offshore wind sector due to regulatory delays. This decision marks the first time Equinor has closed an international office for offshore wind development. Equinor also recently shut down the Gullfaks C platform in the North Sea due to a well control incident. Despite these challenges, Equinor's second-quarter revenue exceeded expectations, although its EPS slightly missed. Investors can access Equinor through ETFs like SGI Enhanced Global Income ETF and Keating Active ETF.

Portfolio Pulse from Lekha Gupta

August 23, 2024 | 2:22 pm

MRNA

The European Commission has approved Moderna's RSV vaccine, mRESVIA, for adults aged 60 and over. This follows a positive opinion from the EMA and is based on successful Phase 3 trial results. Moderna's stock saw a slight increase following the news.

Portfolio Pulse from Vandana Singh

August 23, 2024 | 2:09 pm

BGXX

Bright Green Corporation (NASDAQ:BGXX) has signed a letter of intent with Benuvia Operations to supply DEA-approved marijuana extracts and plant-based psychedelics. This partnership highlights Bright Green's commitment to providing high-quality organic materials for pharmaceutical use.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 2:05 pm

HITI

MRMD

PLNH

The article highlights the expansion of cannabis dispensaries across the US and Canada, including new openings by NOXX Cannabis in Michigan, The Cure Company in Los Angeles, and Khalifa Kush in Las Vegas. Planet 13 Holdings partners with Wiz Khalifa for a new store, and MariMed and High Tide Inc. also announce new locations.

Portfolio Pulse from Jelena Martinovic

August 23, 2024 | 1:59 pm

ZM

The article discusses a value investing options trade on Zoom Video Communications, Inc. (NASDAQ:ZM). The trade involved a vertical spread with a net debit of $1.60, aiming for a $4 exit. Despite an earnings beat, the stock closed below $63, prompting a revised exit at $3.40, resulting in a 113% gain. The author plans to apply a similar strategy to another stock with strong fundamentals.

Portfolio Pulse from David Pinsen

August 23, 2024 | 1:56 pm

AAPL

Hedge fund Third Point is optimistic about Apple's stock, highlighting the potential of AI features to significantly enhance earnings.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 1:53 pm