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GEV

GE Vernova has launched the RESTORE DC Block, an advanced containerized solution for Battery Enabled Energy Storage (BESS). This solution offers enhanced safety, efficiency, and long-term performance, supporting utility-scale renewable and energy storage projects. It aims to improve grid resilience, reduce costs, and optimize renewable energy integration.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 4:19 pm

TCNNF

Donald Trump and Ron DeSantis are at odds over Florida's cannabis legalization, with Trump supporting and DeSantis opposing. DeSantis accuses Trulieve Cannabis Corp of monopolizing the initiative. Trump's stance has drawn criticism from various Republicans.

Portfolio Pulse from Maureen Meehan

September 10, 2024 | 4:14 pm

SPY

USO

The EIA has revised its global oil demand forecast for 2024 to 103.1 million barrels per day, up from 102.9 million, and for 2025 to 104.6 million barrels per day, up from 104.5 million. However, the U.S. oil demand forecast for 2024 has been lowered to 20.3 million barrels per day from 20.5 million, with the 2025 forecast remaining unchanged at 20.6 million barrels per day.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 4:09 pm

BAM

Brookfield Asset Management (NYSE:BAM) plans to invest up to $1.1 billion in eFuels through a partnership with Infinium, marking its first direct investment in sustainable aviation fuel. Despite this strategic move, BAM shares are trading lower.

Portfolio Pulse from Lekha Gupta

September 10, 2024 | 4:07 pm

BTCUSD

ETHUSD

A new report by Gemini reveals that 57% of crypto owners are comfortable allocating 5% or more of their portfolio to digital assets, indicating growing mainstream acceptance. The introduction of spot crypto ETFs in the U.S. has facilitated this trend, with 37% of U.S. crypto owners holding assets through ETFs.

Portfolio Pulse from Murtuza Merchant

September 10, 2024 | 4:06 pm

EIX

F

Southern California Edison (SCE) and Ford have partnered to incentivize electric vehicle (EV) owners to support the grid during peak demand. Ford is the first major U.S. automaker to join SCE's Emergency Load Reduction Program, offering compensation to EV owners in the region.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 4:05 pm

AMZN

GOOGL

MSFT

NVDA

ORCL

Oracle reported strong fiscal Q1 results, surpassing revenue and earnings expectations. The company announced a partnership with Amazon to offer Oracle Database services on AWS, expanding its cloud collaborations with major tech companies. Oracle's cloud services revenue grew significantly, driven by AI and cloud infrastructure advancements.

Portfolio Pulse from Upwallstreet

September 10, 2024 | 4:02 pm

SNAP

Snapchat is testing a new feature for users aged 16 and 17, allowing them to share content publicly with enhanced safeguards and parental tools. This initiative aims to introduce responsible public sharing while maintaining safety and privacy standards.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 4:01 pm

ASNS

Actelis Networks is advancing IoT security with its 'Cyber Aware Networking' strategy, focusing on AI-powered SaaS solutions to integrate security at the hardware level. This approach aims to protect IoT devices from sophisticated cyber threats, especially at the network edge, and is crucial for critical infrastructure sectors.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 3:51 pm

AAPL

Apple's 'It's Glowtime' event unveiled new hardware, including the iPhone 16 and Watch Series 10, and highlighted its AI strategy. The company aims to integrate AI features like Siri enhancements and a clinical-grade hearing aid option in AirPods, pending regulatory approval. Apple is focusing on AI to boost sales, despite being late to the AI market compared to peers like Google.

Portfolio Pulse from Upwallstreet

September 10, 2024 | 3:49 pm