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GRUSF

Grown Rogue International Inc. (OTC:GRUSF) reported record Q1 2024 revenue of $6.7 million, an 11% increase year-over-year. The company highlighted Michigan and Oregon as key markets and emphasized expansion efforts in New Jersey and Illinois as primary growth drivers for 2024 and 2025.

Portfolio Pulse from Jelena Martinovic

May 30, 2024 | 2:09 pm

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WMT

Amazon has enhanced its Prime membership by making Grubhub subscriptions a permanent benefit, aiming to attract and retain members amid competition from Walmart and Target. This move could make Grubhub more appealing to potential buyers. Amazon's stock has gained 50% in the last 12 months, and investors can gain exposure through ETFs like VanEck Retail ETF and ProShares Long Online/Short Stores ETF.

Portfolio Pulse from Anusuya Lahiri

May 30, 2024 | 2:07 pm

GEHC

GE HealthCare and Tampa General Hospital have expanded their partnership to deploy advanced imaging and ultrasound solutions across Florida. This collaboration aims to enhance patient care and improve diagnostic capabilities.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 2:02 pm

LUCY

Innovative Eyewear Inc (NASDAQ:LUCY) shares have been highly volatile, surging over 100% on Wednesday following the launch of its Eddie Bauer Smart Eyewear collection, which features voice access to OpenAI’s ChatGPT. The company also closed a direct offering of 5.26 million shares at $0.475 per share, raising approximately $2.5 million for working capital and general corporate purposes. Despite a premarket dip, the stock rebounded and was up 17% at $1.11.

Portfolio Pulse from Adam Eckert

May 30, 2024 | 1:57 pm

LUCY

Innovative Eyewear shares are trading higher following the launch of its Eddie Bauer Smart Eyewear collection.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 1:56 pm

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The 2024 U.S. Presidential election could significantly impact the energy sector, with different outcomes for clean and traditional energy depending on whether Joe Biden or Donald Trump wins. A Biden presidency with a split Congress is seen as low risk for clean energy, while a Trump presidency with a Republican Congress poses the highest risk. Investors in various energy ETFs should consider these potential shifts.

Portfolio Pulse from Surbhi Jain

May 30, 2024 | 1:53 pm

MRNA

SPY

The U.S. government is reportedly close to finalizing a deal to fund Moderna's bird flu vaccine trial, according to the Financial Times.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 1:52 pm

NIO

NIO Inc. (NYSE:NIO) has partnered with SAIC Motor's IM Motors to integrate their EV charging networks, enhancing NIO's already extensive charging infrastructure in China. This collaboration allows IM Motors users to access NIO's charging stations, providing real-time information and seamless payment options. NIO's stock saw a slight increase following the news.

Portfolio Pulse from Nabaparna Bhattacharya

May 30, 2024 | 1:45 pm

META

Meta Platforms Inc.'s Instagram is expanding its 'Limits' feature to enhance user protection against online harassment, amid criticism over teen safety. This feature, initially for creators, is now available to all users and allows muting comments and direct messages from non-close friends. The move follows increased scrutiny from the U.S. government and a series of actions by Meta to improve child safety on its platforms.

Portfolio Pulse from Rounak Jain

May 30, 2024 | 1:38 pm

ETN

PLTR

Eaton and Palantir Technologies have expanded their partnership to enhance the use of AI in Eaton's global operations. This collaboration will leverage Palantir's Artificial Intelligence Platform (AIP) to modernize Eaton's ERP deployments and improve productivity and value delivery.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 1:36 pm