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CHPT

PBW

SIMS

ChargePoint Holdings, Inc. (NYSE:CHPT) has partnered with Daimler Buses to integrate its telematics and charge management systems with Mercedes-Benz and Setra brand buses. This collaboration aims to optimize fleet operations and provide fleet managers with comprehensive tools for monitoring and reporting. ChargePoint is also expanding its EV charging solutions through partnerships with major automakers like Porsche. Investors can gain exposure to ChargePoint via SPDR S&P Kensho Intelligent Structures ETF (NYSE:SIMS) and Invesco WilderHill Clean Energy ETF (NYSE:PBW).

Portfolio Pulse from Lekha Gupta

August 27, 2024 | 1:26 pm

LEXX

Lexaria Bioscience has announced initial results from a GLP-1 human pilot study, indicating a trend towards higher absorption of DehydraTECH-processed Rybelsus compared to the unprocessed version under fed conditions.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 1:24 pm

ILMN

Illumina's TruSight Oncology Comprehensive test receives FDA approval, marking it as the first US FDA-approved genomic profiling IVD kit with pan-cancer companion diagnostic claims. This test can identify biomarkers for targeted cancer therapies, benefiting patients with specific gene fusions.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 1:19 pm

AYRWF

Ayr Wellness Inc. (OTC:AYRWF), a U.S. multi-state cannabis operator, has seen a 136% stock surge over the past year but recently faced a 15% decline this quarter. Despite profitability challenges and a modest 1.6% revenue increase, Ayr is focusing on strategic growth, expanding into Ohio and Illinois.

Portfolio Pulse from Patricio Liddle

August 27, 2024 | 1:18 pm

USO

Goldman Sachs has lowered its oil price forecasts, citing increased US supply and faltering Chinese demand. The bank now expects Brent crude to range between $70 and $85 per barrel, with a 2025 average of $77. Despite robust US supply, potential geopolitical and inventory volatility could impact prices.

Portfolio Pulse from Piero Cingari

August 27, 2024 | 1:18 pm

NITO

N2OFF, Inc. (NASDAQ:NITO) announced that its joint venture with Solterra Renewable Energy has secured approval for its first solar PV project to connect to the power grid in Germany. The project, located in Melz, will have a capacity of 111 MWp.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 1:17 pm

AMZN

Travis and Jason Kelce have signed a three-year deal with Amazon's Wondery for their podcast *New Heights*. The deal covers global distribution, ad sales, and the back catalog, potentially impacting Amazon's media presence.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 1:14 pm

AAPL

FXI

SPY

Rumors suggest Apple might move some production back to China, but sources doubt this will happen.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 1:12 pm

INTC

SSNLF

TSM

USD

XSD

Taiwan Semiconductor Manufacturing Co (TSM) leads the global foundry market with a 62% share, driven by strong AI demand and plans to increase production capacity and prices. Samsung Electronics (SSNLF) and Intel Corp (INTC) are also advancing in semiconductor technologies. TSM's stock rose 80% in the past year, while Intel's fell over 40%. Investors can consider ETFs like SPDR S&P Semiconductor ETF (XSD) and ProShares Ultra Semiconductors (USD) for exposure.

Portfolio Pulse from Anusuya Lahiri

August 27, 2024 | 1:11 pm

GRUSF

Grown Rogue International Inc. reported record Q2 2024 revenue and adjusted EBITDA, driven by growth in New Jersey and Illinois. The company saw a 23% revenue increase to $7.7 million and a 21% improvement in adjusted EBITDA to $2.5 million. Despite a net loss of $7.6 million, Grown Rogue is expanding in New Jersey and Illinois, with sales expected in New Jersey by Q4 2024 and Illinois by the second half of 2025.

Portfolio Pulse from Jelena Martinovic

August 27, 2024 | 1:09 pm