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ASML

Analyst Ming-Chi Kuo suggests that ASML Holding is likely to cut its EUV equipment shipment forecasts for 2024 by about 20–30%. This is due to lower than expected demand from Apple and Qualcomm, lower demand for Samsung's 3GAP+ and Intel's 20A, and delayed memory expansion plans from Samsung, Micron, and SK Hynix. The semiconductor sector is expected to bottom out in 2H23, but this timeline may be pushed back to 1H24/2Q24.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 3:45 pm

MRK

MRNA

MYNZ

PFE

Pharmaceutical companies, including Pfizer Inc and Moderna Inc, are leveraging the potential of mRNA technology, which has shown significant promise in the fight against various diseases. Mainz Biomed N.V., a molecular genetics diagnostic company, has announced it will present results from its ColoFuture study that assessed the potential of mRNA biomarkers in colorectal cancer test screening. The company's trial results showed a sensitivity for colorectal cancer of 94% with a specificity of 97%. Mainz Biomed is also developing PancAlert, an early-stage pancreatic cancer screening test.

Portfolio Pulse from Upwallstreet

September 27, 2023 | 3:43 pm

AMD

GETY

NET

NVDA

Nvidia Corp's stock is trading higher due to the ongoing artificial intelligence frenzy and its collaborations with Getty Images Holdings, Inc and Cloudflare, Inc. The optimistic outlook on AI prospects by Advanced Micro Devices, Inc's CEO Lisa Su has also contributed to the momentum. Supply chain constraints and China's struggle with its semiconductor position are expected to drive up the prices of semiconductor chips, including AI chips.

Portfolio Pulse from Anusuya Lahiri

September 27, 2023 | 3:38 pm

TCNNF

X, formerly known as Twitter, has become the first mainstream technology platform to allow cannabis advertising. Trulieve Cannabis Corp (OTCQX:TCNNF) is leveraging this opportunity to build its brand presence and create new channels of communication. The company has seen significant success on the platform, gaining almost 40,000 followers and making 100 million impressions across four state markets in a few months.

Portfolio Pulse from Adam Eckert

September 27, 2023 | 3:31 pm

LCID

Lucid Group has officially opened its new EV manufacturing facility in Saudi Arabia, marking its second Advanced Manufacturing Plant (AMP-2) and first international plant. The AMP-2 plant, which has begun assembly of the Lucid Air model vehicles, is expected to have an annual production capacity of 5,000 cars. The plant received significant support from the Ministry of Investment of Saudi Arabia, the Saudi Industrial Development Fund, and the Economic City at King Abdullah Economic City. Lucid Group shares are trading higher with a short interest of 17.41%.

Portfolio Pulse from Erica Kollmann

September 27, 2023 | 3:26 pm

VRSSF

The article provides four fundamental tips for wealth creation: understanding that dollars do not equate to wealth, distinguishing between investing and speculating, diversifying investments, and investing in index funds. It also highlights the potential of AI in the financial world, mentioning VERSES AI (OTCQX:VRSSF), a cognitive computing company specializing in AI, as a potential investment opportunity.

Portfolio Pulse from Gav Blaxberg

September 27, 2023 | 3:24 pm

NNDM

Nano Dimension Ltd. (NASDAQ:NNDM) has filed a patent for 'Large Language Models for the Log File Analysis of Industrial Machines', aiming to revolutionize the analysis of extensive log streams. The patent will enable real-time evaluation with efficient and economical scalability. The company's shares are trading higher by 2.72% at $2.64.

Portfolio Pulse from Akanksha Bakshi

September 27, 2023 | 3:23 pm

MSOS

Lindquist at Benzinga CCC stated that FloraWorks is focusing on natural derivative compounds from plants, as well as derivatives, and even creating new cannabinoid compounds structured to optimize therapeutic outcomes.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 3:22 pm

MSOS

De La Rosa, speaking at the Benzinga Cannabis Capital Conference, emphasized the importance of research dollars in the cannabis industry, particularly for medical applications and the women's market. He believes these areas will be the largest markets for cannabis.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 3:18 pm

MSOS

Lindquist, speaking at the Benzinga Cannabis Capital Conference, emphasized the need for more understanding of the cannabis plant and the importance of moving early research towards clinical stage studies.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 3:16 pm