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AAPL

Apple Inc (NASDAQ:AAPL) shares are trading lower due to reports that the company has halted work on its next high-end Vision device. Apple is still working on a more affordable Vision product, expected by the end of 2025. Despite recent price target increases from analysts, including JPMorgan, the stock is down 1.10% at $214.29.

Portfolio Pulse from Adam Eckert

June 18, 2024 | 8:18 pm

HAE

Haemonetics has announced a limited market release of its VASCADE MVP XL Vascular Closure Device, which is expected to enhance their product portfolio in the vascular closure market.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:17 pm

KBH

KB Home has projected its average selling price for 2024 to be in the range of $485,000 to $495,000.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:11 pm

CRLBF

CURLF

GTBIF

MSOS

TCNNF

VRNOF

The U.S. cannabis market presents a significant investment opportunity, particularly for multi-state operators (MSOs) like Green Thumb Industries, Curaleaf, Trulieve, Verano, and Cresco. Despite current market volatility and challenges, the potential rescheduling of cannabis and the passage of the SAFER Banking Act could drive substantial growth. The AdvisorShares Pure US Cannabis ETF (MSOS) includes these key players, which are well-positioned for long-term growth.

Portfolio Pulse from Javier Hasse

June 18, 2024 | 8:11 pm

AKLI

Akili announces that EndeavorOTC is the only FDA-authorized digital therapeutic for ADHD available without a prescription. This product aims to improve attention function in individuals with ADHD through a video game experience.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:10 pm

ESEA

Euroseas Ltd. (NASDAQ:ESEA) has announced a time charter contract for its new fuel-efficient 1,800 teu feeder containership, M/V Pepi Star, for 23-25 months at a daily rate of $24,250. The vessel is expected to be delivered on July 19, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:06 pm

AVGO

MRVL

NVDA

Steve Cohen's Point72 Asset Management is launching a new hedge fund focused on AI stocks, aiming to raise $1 billion. The fund will invest in and bet against AI hardware and semiconductor companies like Nvidia, Broadcom, and Marvell Technology. Managed by Eric Sanchez, the fund is expected to start operations late this year or early 2025.

Portfolio Pulse from Vaishali Prayag

June 18, 2024 | 8:06 pm

GYRE

Gyre Therapeutics has announced the publication of a manuscript in the Journal of Gastroenterology and Hepatology. The manuscript highlights the potential of Hydronidone (F351) as a therapy for liver fibrosis through the apoptotic pathway in hepatic stellate cells.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:06 pm

BTCUSD

SMH

SPY

Retail sales have declined, while chip stocks continue to rise. Bitcoin has fallen below $65,000.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:03 pm

PNTG

The Pennant Group has entered into a management and consulting services agreement to support Hartford HealthCare at Home. The agreement involves providing operational support to Hartford's home health and hospice business.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:03 pm