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On Monday, U.S. stocks were up, with Nvidia, Zoom, C3.ai, Palantir, and Tesla being the focus of investors. Nvidia closed up 2.28% due to collaborations and investments. Zoom rose 2.93% after a positive earnings report. C3.ai fell 4.33% ahead of its financial results. Palantir increased 4.15%, hitting a new 52-week high. Tesla saw a modest 0.55% rise with Cybertruck news.

Portfolio Pulse from Benzinga Neuro

November 21, 2023 | 2:08 am

ARKK

Cannabis ETFs in Europe are shutting down, with Rize Medical Cannabis and Life Sciences UCITS ETF (FLWR) set to close on Dec. 12th after being acquired by Cathie Wood's ARK Innovation ETF (ARKK) in September. The closure is deemed in the best interest of investors. Another ETF, Medical Cannabis and Wellness UCITS ETF (CBDZ), is merging into HAN-GINS Indxx Healthcare Megatrend Equal-Weight UCITS ETF (WELL). In the Czech Republic, a draft bill proposes strict rules on CBD and kratom products. In the UK, MPs are urged to improve access to medical marijuana through the NHS. Ireland is progressing a bill to legalize weed for personal use, and Germany has postponed the final reading of its cannabis legalization bill.

Portfolio Pulse from Nina Zdinjak

November 20, 2023 | 11:49 pm

SBIG

SpringBig Holdings Inc (OTCQX:SBIG) has launched 'Gift Cards by Springbig,' a new payment solution for cannabis retailers. The service includes both physical and digital gift cards, aligning with consumer trends that show a preference for such payment methods. With 76% of consumers purchasing gift cards last year and 61% spending more than the card's value, this innovation could lead to increased revenue for merchants. CEO Jeffrey Harris compares the ease of use to the Starbucks app, suggesting a focus on smartphone convenience. Springbig, known for its loyalty and marketing solutions, could see a boost in sales and customer engagement from this launch.

Portfolio Pulse from Patricio Liddle

November 20, 2023 | 11:13 pm

MSFT

In a CNBC interview, Microsoft CEO Satya Nadella expressed the company's intention to continue its partnership with OpenAI. This ongoing collaboration aligns with Microsoft's strategy to integrate AI into their products and services, potentially enhancing their offerings and maintaining a competitive edge in the technology sector.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 11:04 pm

AMZN

NTDOY

Amazon.com, Inc. (NASDAQ:AMZN) is offering a 10% discount on Nintendo Switch Online memberships for Black Friday. The deal reduces the price of 1-year Individual and Family memberships. Nintendo ADR (OTC:NTDOY) rarely discounts its memberships, making this a significant offer. The subscription provides access to online features, classic games, eShop deals, cloud saving, and the NSO mobile app. An alternative buying strategy involves purchasing discounted eShop gift cards to use later for memberships or games.

Portfolio Pulse from Franca Quarneti

November 20, 2023 | 10:14 pm

SONY

Sony Group Corp.'s PlayStation Plus Premium service has added two new game trials for subscribers. 'Baldur’s Gate 3', a highly regarded Dungeons & Dragons RPG, offers a two-hour trial exclusively on PlayStation 5. Additionally, 'The Lord of the Rings: Gollum' provides a one-hour trial, giving a taste of the game's main quest. These trials allow limited progress and are designed to showcase the games' mechanics and design.

Portfolio Pulse from Franca Quarneti

November 20, 2023 | 9:58 pm

CNTB

Connect Biopharma Holdings Limited (NASDAQ:CNTB) will release long-term data from its China pivotal trial of rademikibart for moderate-to-severe atopic dermatitis on November 21, 2023. The announcement will be followed by a conference call and webcast presentation to discuss the results.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 9:42 pm

MOR

MorphoSys announced positive results from its Phase 3 MANIFEST-2 study of Pelabresib in Myelofibrosis, meeting the primary endpoint with a significant improvement in spleen volume reduction (SVR35) and showing a strong positive trend in symptom reduction for the overall population and significant improvements for intermediate-risk patients.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 9:31 pm

PSFE

V

Paysafe Ltd (PSFE) has extended its collaboration with Visa (V) in Europe to utilize Visa's Network Tokens for enhanced payment security. These tokens replace primary card numbers, reducing fraud risk and ensuring smooth recurring payments. The service will be available through Paysafe's Single Payments API, improving security for various types of transactions. Visa's SVP Mehret Habteab highlighted that Network Tokens can increase authorization rates by 5% and enhance the digital payment experience.

Portfolio Pulse from Khyathi Dalal

November 20, 2023 | 9:21 pm

MYGN

Myriad Genetics, Inc. (NASDAQ:MYGN) has announced that its SneakPeek Early Gender DNA Test has delivered results to one million consumers. The test, which can determine fetal sex as early as six weeks into pregnancy with 99% accuracy, can be taken at home or in a clinic. Myriad Genetics acquired Gateway Genomics, the developer of SneakPeek, in 2022, enhancing its suite of reproductive health testing solutions. The company also celebrated one million patients screened with its Prequel Noninvasive Prenatal Screen earlier this year.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 9:19 pm