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UBER

Tesla's upcoming Robotaxi event poses a potential threat to Uber and Lyft, but JPMorgan analyst Doug Anmuth believes Uber is well-positioned in the autonomous vehicle (AV) ecosystem. Despite Tesla's aggressive push, Uber's strategic partnerships with AV companies like Waymo and Cruise provide it with a strong foothold. Anmuth maintains an Overweight rating for Uber, with a price target of $95 by December 2025, and suggests that regulatory challenges may delay Tesla's plans, giving Uber time to strengthen its position.

Portfolio Pulse from Surbhi Jain

October 09, 2024 | 6:28 pm

MSOS

C3 Industries CEO Ankur Rungta highlights an information problem in the cannabis industry, emphasizing the need for internal solutions rather than relying on external factors. This could impact cannabis-focused ETFs like MSOS.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 6:26 pm

BAX

FSNUF

Baxter International's North Carolina facility, responsible for 60% of the U.S. supply of IV fluids and peritoneal dialysis solutions, has been shut down due to flooding from Hurricane Helene, causing a national shortage. Senator Amy Klobuchar is urging immediate action to address the crisis and prevent further issues with another facility at risk. Fresenius SE is increasing production at its Wilson, NC facility, but it won't fully compensate for Baxter's shutdown.

Portfolio Pulse from Vandana Singh

October 09, 2024 | 6:24 pm

JKS

The US has been requested to increase the duty on solar exports from Jinko Solar's Malaysian operations to 13%. This move could impact Jinko Solar's cost structure and pricing strategy in the US market.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 6:20 pm

MSOS

Dutchie CEO Tim Barash highlights supply and demand imbalances in certain states, along with macro and micro headwinds such as last-minute compliance changes. These factors could impact cannabis-related stocks and ETFs.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 6:19 pm

MSOS

C3 Industries CEO Ankur Rungta highlights that consumer weakness was not anticipated in this year's planning. The company is focusing on growth strategies, including same-store sales and profitability, to enhance its existing portfolio.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 6:17 pm

MSOS

Dutchie CEO Tim Barash highlights that consumer weakness was not anticipated in this year's planning. The company is focusing on growing same-store sales and profitability despite current challenges.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 6:17 pm

IAK

KBWP

Hurricane Milton, initially a Category 5 storm, has been downgraded to Category 4 as it approaches Florida. Despite the downgrade, evacuation orders remain in place. The article discusses the Saffir-Simpson Hurricane Wind Scale and the potential damage from different hurricane categories. Insurance-focused ETFs like iShares U.S. Insurance ETF (IAK) and Invesco KBW Property & Casualty Insurance ETF (KBWP) may see movement due to the storm's impact.

Portfolio Pulse from Anthony Noto

October 09, 2024 | 6:11 pm

MSOS

The Benzinga Cannabis Capital Conference features a panel titled 'Thriving in the Face of 2024 Cannabis Headwinds', discussing strategies for success in the cannabis industry amidst upcoming challenges.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 6:09 pm