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MCD

TSLA

Elon Musk's playful engagement with Dogecoin continues as he revives his promise to eat a McDonald's Happy Meal if the fast-food chain adopts Dogecoin. Meanwhile, Musk is being considered for a potential government role in a proposed 'Department of Government Efficiency,' humorously dubbed 'DOGE.' This has led to a surge in Dogecoin's price and trading volume.

Portfolio Pulse from Murtuza Merchant

October 02, 2024 | 6:26 pm

AZO

DHI

LEN

ORLY

STZ

The International Longshoremen's Association strike could lead to supply constraints and price increases in the food and beverage, automotive, and construction sectors. Companies like Constellation Brands, AutoZone, O'Reilly Automotive, DR Horton, and Lennar may face operational disruptions.

Portfolio Pulse from Aaron Bry

October 02, 2024 | 6:15 pm

LLY

NVO

TNDM

RBC Capital Markets initiated coverage on Tandem Diabetes Care, Inc. (NASDAQ:TNDM) with an Outperform rating and a $65 price target. Despite the rise of GLP-1 drugs, the demand for Tandem's insulin pumps is expected to grow, driven by market expansion and product innovation. RBC projects profitability and positive EBITDA margins for Tandem by 2024.

Portfolio Pulse from Vandana Singh

October 02, 2024 | 6:11 pm

MVPA

OCTA

TTE

TotalEnergies SE (NYSE:TTE) shares rose after announcing a strategic expansion in LNG and renewables, alongside a significant share buyback plan. The company aims for 3% annual growth in oil & gas production and 4% in global energy production through 2030, with substantial investments in low-carbon energies.

Portfolio Pulse from Lekha Gupta

October 02, 2024 | 5:52 pm

BABA

DASH

DECK

GOTU

LCID

PDD

TSLA

WOOF

WYNN

XPEV

The article highlights significant options activity for several consumer discretionary stocks, indicating potential trading opportunities. Notable movements include bearish sentiment for TSLA and GOTU, bullish sentiment for BABA, PDD, and WOOF, and mixed sentiments for others.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 5:35 pm

ADSK

AMD

APPN

CRM

INTC

MSFT

MSTR

NVDA

TSM

The article highlights unusual options activity in the Information Technology sector, focusing on large trades by 'whales' that could indicate potential trading opportunities. Notable stocks with significant options activity include NVDA, AMD, MU, TSM, MSFT, CRM, INTC, MSTR, APPN, and ADSK, with varying sentiments ranging from bearish to bullish.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 5:35 pm

CWBHF

The introduction of the Cannabinoid Safety and Regulation Act (CSRA) by Sen. Ron Wyden aims to establish a federal framework for regulating hemp-derived cannabinoids like CBD. ONE HEMP, a coalition of industry leaders, supports this move, highlighting Charlotte’s Web's involvement. The bill is seen as a critical step for the CBD industry, especially in light of restrictive state regulations like California's recent ban on hemp-derived THC products.

Portfolio Pulse from Jelena Martinovic

October 02, 2024 | 5:29 pm

USO

OPEC has refuted claims made in a Wall Street Journal report that suggested Saudi Arabia indicated oil prices could drop to $50 if OPEC+ does not adhere to output curbs. OPEC labeled the report as 'wholly inaccurate and misleading.'

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 5:28 pm

ESTA

Establishment Labs shares rose following the announcement of the first U.S. breast augmentations using their newly FDA-approved Motiva implants.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 5:22 pm

NGVC

Natural Grocers is closing its downtown Denver store due to retail theft and safety issues, leading to a decline in its share price.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 5:18 pm