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TLRY

Tilray Brands, Inc. (NASDAQ:TLRY) has expanded its cannabis portfolio with new edible products from its Chowie Wowie brand, including Soft Caramel and Crunchy Praline chocolates, available across Canada. Additionally, its wellness brand Solei released new cannabis-infused tea blends. The article also mentions past gains from other cannabis stocks and promotes Benzinga PotProfits for cannabis investment insights.

Portfolio Pulse from Jelena Martinovic

December 21, 2023 | 2:25 pm

KMX

CarMax reported that by the end of fiscal year 2020, they had completed their initial omnichannel rollout, with about 40% of customers using digital capabilities for transactions. This figure has increased to approximately 70% in the current year, as stated in their conference call.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 2:24 pm

BTCUSD

ETHUSD

OCEANUSD

SOLUSD

Messari's Crypto Theses report is bullish on Bitcoin, citing its potential to reach over $600,000 by achieving parity with gold. The report also praises Solana for its transaction speeds and developer community but notes scalability challenges. Ethereum is seen as a higher risk 'beta' asset with potential for greater rewards, despite a predicted price dip in 2024. Messari highlights investments in AI-focused tokens like Ocean Protocol, Akash Network, Tao Network, and Render Network, pointing to the convergence of blockchain and AI as a key trend. The firm's transparency in disclosing analyst positions is seen as a move to enhance informed decision-making in crypto research.

Portfolio Pulse from Murtuza Merchant

December 21, 2023 | 2:18 pm

ROIV

Shares of Roivant Sciences (ROIV) are trading higher following the announcement by Immunovant of positive results from the initial cohort of a Phase 2 clinical trial of batoclimab in patients with Graves' disease, with response rates exceeding 50%.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 2:13 pm

HOOD

Sherwood Media, LLC, a subsidiary of Robinhood Markets, Inc. (HOOD), has acquired Chartr Limited, a UK-based data-driven media company and newsletter publisher. Chartr is known for its visual storytelling that simplifies complex data into understandable narratives. This acquisition aims to enhance Sherwood Media's content offerings, including Snacks, by providing readers with new ways to understand news and market trends. No financial terms of the acquisition were disclosed.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 2:09 pm

CTKB

Cytek Biosciences, Inc. (NASDAQ:CTKB) has launched the Cytek Orion reagent cocktail preparation system, an automated instrument for flow cytometry that simplifies lab workflows, ensures consistent results, and reduces errors. The system can handle up to 60 reagents per cocktail and is compatible with the Cytek ecosystem and other systems. It offers cost savings and reduces repetitive motion injuries. The CEO, Wenbin Jiang, highlights its unique focus on cocktail making, cost-effectiveness, and potential to expand into new markets.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 2:07 pm

AMZN

IYR

PYPL

SCHW

On CNBC's 'Halftime Report Final Trades,' analysts discussed the prospects of Charles Schwab, PayPal, and iShares U.S. Real Estate ETF. Charles Schwab's November report showed a 7% increase in client assets and $21.7 billion in net new assets. PayPal is expected to have a breakout despite Amazon's decision to stop accepting Venmo for subscriptions from Jan. 2024. iShares U.S. Real Estate ETF was named as a final trade by Shannon Saccocia. Stock prices for SCHW, PYPL, and IYR fell during Wednesday's session.

Portfolio Pulse from Avi Kapoor

December 21, 2023 | 2:06 pm

WISA

WiSA Association has secured a second 5-year WiSA E licensing agreement with another display brand, enabling the brand to integrate WiSA E software into its products for wireless immersive audio experiences. Additionally, five major display brands are in the process of reviewing/approving the WiSA E License.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 2:06 pm

CSCO

Cisco Systems, Inc. has announced plans to acquire Isovalent, Inc., a company specializing in open source cloud native networking and security. The acquisition is aimed at enhancing Cisco's secure networking capabilities across public clouds. Cisco is dedicated to supporting the eBPF, Cilium, Tetragon, and cloud native open source communities. The acquisition is expected to close in the third quarter of 2024.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 2:02 pm

SEIC

SEI (NASDAQ:SEIC) has acquired Altigo, a cloud-based technology platform for alternative investments. The acquisition aims to meet the growing demand for alternative assets, expected to reach $23 trillion by 2027, and streamline the investment process. SEI plans to integrate Altigo's capabilities with its own to provide a comprehensive solution for private fund investing, targeting the distribution of alternative investment products in a SaaS model to its clients by the first half of 2024. The financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 2:02 pm