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ACB

Aurora Cannabis Inc. (NASDAQ:ACB) is expanding its hemp-derived CBD portfolio into Brazil in partnership with Herbarium, a leading Brazilian company in herbal medicine. The CBD oil will be produced at Aurora's production facility in Uruguay and will be available under the direction of medical doctors across Brazil. Aurora's shares are trading higher amid the recent strong performance of the cannabis sector.

Portfolio Pulse from Jelena Martinovic

September 06, 2023 | 2:27 pm

RIVN

TSLA

Ford Motor Company is facing regulatory scrutiny over its partnership with Chinese battery manufacturer CATL, labor negotiations that could lead to a strike, and competition in the electric vehicle market against Tesla and Rivian. The regulatory scrutiny is due to concerns that the partnership could compromise national security and increase U.S. dependence on China for electric vehicle supply chains. The labor negotiations could affect wages and benefits for thousands of workers and potentially disrupt Ford's production. Ford is also preparing to compete in the electric pickup market with its F-150 Lightning and upcoming products.

Portfolio Pulse from Mohit Manghnani

September 06, 2023 | 2:26 pm

QCOM

Qualcomm's CEO Cristiano Amon discussed the impact of AI in the automotive sector on CNBC. He suggested that the use cases they are seeing from their OEMs and phones could create a new upgrade cycle for phones.

Portfolio Pulse from Happy Mohamed

September 06, 2023 | 2:19 pm

TRVN

Trevena's shares are trading higher following the company's report of preliminary TRV045 data from two proof-of-concept studies.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 2:03 pm

AAPL

Apple Inc. (NASDAQ:AAPL) faces challenges from Huawei's resurgence in China, a Chinese smartwatch brand Imoo outpacing Apple Watch, Android users accessing iMessage, and leaked features of the upcoming iPhone 15 Pro. Huawei's new smartphones could dent Apple's fiscal 2024 earnings by approximately 11 cents per share if it regains 10 million units of market share. Imoo has captured 21% of the smartwatch market in China, trailing only behind Huawei. Tech influencer Marques Brownlee revealed two methods for Android users to access iMessage, challenging Apple's exclusivity.

Portfolio Pulse from Mohit Manghnani

September 06, 2023 | 1:53 pm

MEDS

TRxADE Health, Inc. (NASDAQ:MEDS) has merged with Superlatus, Inc. and announced a binding agreement to acquire The Urgent Company, Inc. and its portfolio of consumer brands. This acquisition is expected to enhance Superlatus' position in the sustainable and fair food products market and increase its market share. The acquired brands' products are available in over 6,000 stores nationwide. The sustainable and fair food products market is predicted to grow fivefold by 2030.

Portfolio Pulse from Happy Mohamed

September 06, 2023 | 1:50 pm

AAPL

ACI

AMZN

GOOG

MRNA

ROKU

SFTBF

SPOT

UAL

WMG

The Chinese government has banned its officials from using Apple's iPhones and other foreign-branded devices at work. The FTC could prosecute Amazon over antitrust claims. Toyota launched a new version of its chauffeur-driven Century model. SoftBank backed Arm Holdings has launched its roadshow for its IPO. Warner Music has acquired a majority stake in 10K Projects. Roku disclosed measures to cut down its operating expense growth rate. United Airlines flights are back in the air after a temporary grounding. Moderna's updated COVID-19 vaccine is pending FDA approval. Spotify is exploring a move to put lyrics behind its paywall. Google tentatively settled a class action suit for allegedly violating antitrust norms. General Motors said that the UAW union's demands will pressure its manufacturing momentum. C&S Wholesale Grocers, backed by SoftBank, is reportedly approaching a deal to buy stores from Kroger and Albertsons. Apple inked a fresh deal with Arm Ltd for chip technology.

Portfolio Pulse from Vandana Singh

September 06, 2023 | 1:43 pm

WBD

Internet meme 'Barbenheimer' is set to become a movie, with Full Moon Features planning a Christmas release on its streaming platform and Prime Video. The meme started with the simultaneous release of Warner Bros.' 'Barbie' and Universal's 'Oppenheimer', and its popularity led to a movie deal. The success of 'Barbie', which grossed over $1.03 billion globally, was lauded by Jeff Goldstein and Andrew Cripps, Presidents of Domestic Distribution and International Distribution respectively, for Warner Bros Discovery Inc (NASDAQ:WBD).

Portfolio Pulse from Michael Cohen

September 06, 2023 | 1:38 pm

CBOE

Cboe Global Markets has reported a 10% YoY increase in Q2 net revenue, reaching $467.1 million, driven by strong growth in its options business and Data & Access solutions sectors. The options category contributed $283.2 million, marking a 20% boost from Q2 2022. However, the company saw declines in revenues across its North American equities, Europe and Asia Pacific, and futures business segments. The company's future outlook appears promising as it continues to expand its offerings, including the introduction of its 1-day volatility index (VIX1D) and new sweep order types for its European equities exchange.

Portfolio Pulse from Happy Mohamed

September 06, 2023 | 1:28 pm

MMSI

Merit Medical Systems, Inc. (MMSI) has launched the Aspira Evacuated Drainage Bottle, a new product in its portfolio.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 1:26 pm