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SCGLY

Societe Generale (OTC:SCGLY) has issued its first digital green bond on the Ethereum blockchain, worth $11 million, through its subsidiary SG-Forge. The bond, with a three-year maturity, is aimed at financing ESG-classified products and companies. It was fully subscribed by AXA Investment Managers and Generali Investments using Société Générale’s EUR CoinVertible stablecoin. The use of Ethereum's blockchain is noted for its low greenhouse gas emissions, and the bond offers transparency and efficiency in transactions.

Portfolio Pulse from Khyathi Dalal

December 05, 2023 | 4:15 pm

ADM

ADM is expanding its oilseed crush capacity in Brazil by 400,000 metric tons per year across three facilities due to strong domestic and export demand. Additionally, ADM has acquired a controlling stake in Buckminster Química, a producer of refined glycerin, to enhance its portfolio of sustainably sourced products. The financial terms of the acquisition were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 4:01 pm

MCOM

NIU

SPY

VLCN

NYC Mayor Adams has announced a 'Charge Safe, Ride Safe' plan, which includes a pilot program for delivery workers to safely charge lithium-ion batteries in public spaces and outside of residences. This initiative aims to support the safe use of e-bikes and prevent deadly accidents related to battery charging.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 3:45 pm

MULN

Mullen Automotive, Inc. (NASDAQ:MULN) shares dropped after a 30% rise on Monday. The decline follows the company's announcement of new deliveries of the All-Electric Class 3, Mullen Three, to Randy Marion Automotive Group, a major U.S. commercial fleet dealer. Despite the news, MULN shares are trading above their 50-day moving average and have a high short interest of 12.83%. The stock is currently down by 5% at 20 cents.

Portfolio Pulse from Erica Kollmann

December 05, 2023 | 3:29 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo provides daily trading strategies for SPY, QQQ, AAPL, MSFT, TSLA, META, GOOGL, and NVDA, based on a proprietary formula considering price, volume, and options flow. The memo outlines potential support and resistance levels for each asset, suggesting possible targets for bullish and bearish scenarios. It also advises traders to stay alert to market conditions and US data releases that could affect liquidity and trading decisions. The memo is part of the Market Clubhouse membership, which offers live market analysis, mentorship, and real-time trading insights from a professional trader known as RIPS.

Portfolio Pulse from RIPS

December 05, 2023 | 3:22 pm

CMND

Clearmind Medicine Inc (NYSE:CMND) stock rose after announcing positive results from pre-clinical trials for cocaine addiction treatment using its psychedelic molecule MEAI. The company, which focuses on developing psychedelic-derived therapeutics, also filed a patent application related to cocaine addiction in collaboration with SciSparc's CannAmide. The CEO highlighted the potential paradigm shift in treating cocaine addiction, a condition currently lacking dedicated treatments.

Portfolio Pulse from Adam Eckert

December 05, 2023 | 3:21 pm

CMND

CYBN

PSIL

SEEL

SPRC

The Department of Defense Health Agency is funding a trial for PTSD treatment using Seelos Therapeutics' intranasal ketamine, SLS-002. Cybin Inc. reported strong efficacy in its Phase 2 trial of psilocybin derivative CYB003 for Major Depressive Disorder. Clearmind Medicine announced results from a pre-clinical trial combining its MEAI treatment with SciSparc's PEA for various disorders. Clearmind also underwent a reverse stock split to comply with Nasdaq's minimum bid price rule. Beckley Retreats is launching a new psilocybin retreat program, and Mindbloom is introducing a ketamine therapy program. Seelos Therapeutics launched a public offering, and other companies reported financial results or updates. The AdvisorShares Psychedelics ETF and several psychedelics stocks' trading performance are also highlighted.

Portfolio Pulse from Lara Goldstein

December 05, 2023 | 3:12 pm

AMZN

Amazon.com Inc (NASDAQ:AMZN) has partnered with Aerodyne, a Malaysia-based startup, to leverage Amazon Web Services (AWS) for Aerodyne's DRONOS software as a service (SaaS) platform. This collaboration targets the drone data services market, which is projected to reach $15 billion by 2030, growing at a 39% CAGR from 2023. Aerodyne, a leading drone solutions provider, operates in various industries across 45 countries. Amazon's move aligns with its strategy of integrating robotics, including drone deliveries and warehouse automation, and now adds analytics in the drone sector to its portfolio.

Portfolio Pulse from Surbhi Jain

December 05, 2023 | 3:06 pm

QTWO

Q2 Holdings, Inc. and Array have expanded their partnership to provide financial wellness solutions. Q2 will now resell Array's financial wellness solution directly to banks and credit unions, aiming to enhance the financial health of their customers.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 3:04 pm

MSFT

NVDA

Shanghai authorities have requested Microsoft Corp (NASDAQ:MSFT) to enhance AI technology use in local businesses. The city is also interested in collaborating with Microsoft on technology governance frameworks. Meanwhile, Nvidia Corp (NASDAQ:NVDA) is testing a less powerful chip, the HGX H20, in China due to a U.S. embargo, and plans to release a specialized AI chip for China by Q1 2024. MSFT shares saw a slight increase.

Portfolio Pulse from Anusuya Lahiri

December 05, 2023 | 3:02 pm