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GRAM

Tiffany Chin, CEO of Death Row Records Cannabis, announced at Benzinga's L.A. cannabis conference that the company focused on creating a cannabis strain specifically for Snoop Dogg. The effort was successful, leading to Snoop Dogg exclusively smoking Death Row Cannabis.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 12:19 am

GRBK

Green Brick Partners, Inc. (GRBK) and Hersh Family Investments announce Rainwater Crossing, a new joint venture community in Celina, Texas. Spanning over 550 acres, the development will feature more than 1,900 homesites with amenities including a resort-style clubhouse, swimming pool, and sport courts. This marks the sixth community in Celina involving Green Brick, showcasing homes built by four Green Brick subsidiary builders.

Portfolio Pulse from Happy Mohamed

February 22, 2024 | 10:28 pm

DOGE

NVDA

SOL

An anonymous trader achieved a 210x return, turning $51 into $10,800 by investing in a memecoin named NVDA AI on the Solana blockchain, shortly after Nvidia reported higher-than-expected earnings. The rapid gain occurred within two hours, amidst speculation that the trader could be the developer. This event highlights the growing trend of AI-related and hype-driven memecoins in the cryptocurrency market.

Portfolio Pulse from Khyathi Dalal

February 22, 2024 | 10:21 pm

DCTH

Delcath Systems, Inc. (NASDAQ:DCTH), an interventional oncology company, announced the launch of a Healthcare Setting Locator on the hepzatokit.com website for its HEPZATO KIT, a liver-directed treatment for metastatic uveal melanoma. The Locator helps patients, caregivers, and healthcare providers find treatment locations. This follows the establishment of a permanent J-Code for HEPZATO, facilitating access to this treatment.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 10:20 pm

MELI

MercadoLibre, Inc. (NASDAQ:MELI) reported mixed Q4 results with earnings per share of $3.25, unchanged from last year, and quarterly sales of $4.26 billion, surpassing analyst expectations. The company highlighted significant growth in its Ads platform and fulfillment network, emphasizing its strategic investments in technology and market positioning in Latin America. Despite these positive developments, MELI shares dropped 8.69% in after-hours trading.

Portfolio Pulse from Erica Kollmann

February 22, 2024 | 10:18 pm

LCAA

LOT

Lotus Technology Inc. ("Lotus Tech"), a global luxury electric vehicle maker, and L Catterton Asia Acquisition Corp ("LCAA") (NASDAQ:LCAA) have completed their business combination, with Lotus Tech becoming a U.S-listed company under the ticker "LOT" on Nasdaq starting February 23, 2024. LCAA, now a wholly owned subsidiary of Lotus Tech, is expected to be delisted from Nasdaq. This marks a significant milestone for Lotus Tech in its Vision80 strategy for global sustainable luxury mobility. The company will ring the Nasdaq opening bell on February 23, 2024, to celebrate its public listing.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 10:15 pm

HCA

HCA Healthcare's Sarah Cannon Cancer Institute has transitioned over 75% of its CAR T-cell therapy patients to outpatient monitoring, saving 1,200 hospital bed days for the first 100 patients and avoiding hospitalization for 20% of patients. This was achieved through a new integrated management process and technology from Best Buy Health's Current Health platform for at-home monitoring. The initiative, piloted at four sites, aims to improve patient care and meet the demand for cell therapies. HCA plans to expand this model to more sites.

Portfolio Pulse from Happy Mohamed

February 22, 2024 | 10:09 pm

STNG

Scorpio Tankers Inc. (NYSE:STNG) has signed a non-binding MOU with Fowe Eco Solutions Ltd. to install fuel-saving devices across its fleet, aiming to reduce fuel costs by at least 3% and cut carbon emissions by 100,000 tons annually. The agreement involves no significant upfront costs and is expected to be finalized in Q1 2024.

Portfolio Pulse from Happy Mohamed

February 22, 2024 | 10:06 pm

NVDA

AI-themed cryptocurrencies surged following Nvidia's earnings outperformance, with Bittensor, Render, and Fetch.ai posting significant gains. The rally is attributed to Nvidia's record results and increased interest in AI applications, including Ethereum co-founder Vitalik Buterin's excitement over AI-assisted code verification. Social media analysts predict further upside for AI coins, with Render and Fetch.ai highlighted for their bullish momentum and potential to reach new highs.

Portfolio Pulse from Khyathi Dalal

February 22, 2024 | 10:00 pm

SONY

Sony Group Corp.'s Arrowhead Studios released a patch for Helldivers 2 on PS5 to fix a login bug, but it led to a new issue preventing some users from playing. The game, built on the discontinued Autodesk Stingray engine, has faced server issues since launch but remains Sony's biggest PC game launch. Arrowhead's engineers had to work without support to build the game, which has reached 409K players on Steam.

Portfolio Pulse from Franca Quarneti

February 22, 2024 | 10:00 pm