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Jordan Belfort, known as The Wolf of Wall Street, shared his views on cryptocurrency, retail investing, and his upcoming book in an interview with Benzinga. Belfort, who once called cryptocurrency a scam, now acknowledges Bitcoin and Ethereum as legitimate, but still believes the sector needs regulation. He also mentioned that retail traders today have better tools and access to more information. His new book, 'The Wolf of Investing,' due in October, will cover advice and tools for investors, emphasizing that the bulk of one's investment should be in an S&P 500 index fund.

Portfolio Pulse from Chris Katje

September 27, 2023 | 3:02 pm

Ralph Lauren Corporation (NYSE:RL) is expanding its presence in Canada with the launch of a digital commerce platform and its first store in the country, located in Toronto's Yorkdale Shopping Centre. The company plans to further expand in the coming years. The new RalphLauren.ca portal will offer a full portfolio of its brands and is set to go live on October 11.

Portfolio Pulse from Shivani Kumaresan

September 27, 2023 | 2:37 pm

MSOS

TCNNF

Trulieve's Director of Digital Marketing, Iram Cesani, spoke at the Benzinga Cannabis Capital Conference, discussing how a new avenue X has improved communication with current customers and patients.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 2:35 pm

MSOS

Alexa Alianiello, speaking at the Benzinga Cannabis Capital Conference, revealed that 2023 has seen nearly 20 million total posts on cannabis from over 4 million unique users. A GWI study shows that platform X is the most popular among recreational cannabis users, with its users being 25% more likely to be recreational users.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 2:26 pm

AAPL

MSFT

The article emphasizes the importance of gold as a stable and resilient asset for young investors. It highlights the historical significance of gold and its role in providing portfolio diversification and protection against market downturns. The article also mentions the tangible nature of gold and its global acceptance. It suggests various ways for young investors to invest in gold, including physical gold, gold ETFs, and mining stocks.

Portfolio Pulse from Daniel Anderson

September 27, 2023 | 2:24 pm

MSOS

Benzinga is hosting a presentation titled 'Unlocking Opportunities: Shaping The Future Of Cannabis With X' at its Cannabis Capital Conference. The ETF MSOS may be mentioned during the event.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 2:14 pm

BHVN

Biohaven's shares are trading higher following the company's presentation, which included pharmacodynamic updates for BHV-1300. The bispecific IgG degrader showed over 90% reductions in IgG after repeat dosing, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 1:50 pm

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MRNA

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Alibaba's logistics arm Cainiao files for Hong Kong IPO, potentially boosting Alibaba's stock. Qualcomm's Snapdragon 8 Gen 3, manufactured under TSMC's process, is set to rival Apple's 3nm chip technology. The European Medicines Agency is investigating potential anesthesia complications linked to weight loss drugs like Wegovy by Novo Nordisk and others by Eli Lilly, AstraZeneca, and Sanofi. Target is closing nine stores due to rising retail crime. Paychex reports 7% sales growth in Q1 FY24. Hollywood writers secure credit in a new deal with studios like Warner Bros., Paramount Global, Netflix, and Walt Disney. JPMorgan settles Jeffrey Epstein lawsuit for $75M. Thomson Reuters faces Ross Intelligence in court over AI dispute. Pfizer's oral COVID-19 antiviral pill faces doubts over commercial approval. McKinsey settles opioid lawsuit for $230M. Eli Lilly wins patent infringement case against Teva. Apple defends its $19B Google search deal. Warner Music Group CEO shares vision on AI in music at Code Conference 2023. Amazon addresses return-to-office policy concerns. China's chip fund faces economic challenges. Moderna in talks for enhanced COVID-19 vaccine availability in Europe.

Portfolio Pulse from Vandana Singh

September 27, 2023 | 1:47 pm

AMD

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NVDA

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AMD's CEO Lisa Su has highlighted the company's focus on AI, comparing its impact to major technological shifts like the internet and mobile phones. She also discussed the prospects of PC gaming, console gaming, and cloud gaming. Su confirmed the possibility of making AMD chips available to Azure customers and acknowledged that chip supply and demand are in a good place. Reports suggest that supply chain dynamics are impacting TSMC, which may have to raise the price of its AI chips, affecting AMD and Nvidia.

Portfolio Pulse from Anusuya Lahiri

September 27, 2023 | 1:37 pm

SNPS

TSM

Synopsys, Inc. (NASDAQ:SNPS) is extending its collaboration with TSMC (NYSE:TSM) to advance multi-die system designs with a comprehensive solution supporting the latest 3Dblox 2.0 standard and TSMC's 3DFabric™ technologies. The Synopsys Multi-Die System solution includes 3DIC Compiler, a unified exploration-to-signoff platform that delivers the highest levels of design efficiency for capacity and performance. Synopsys has achieved first-pass silicon success of its Universal Chiplet Interconnect Express (UCIe) IP on TSMC's leading N3E process for seamless die-to-die connectivity.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 1:27 pm