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AAPL

LPL

Apple plans to switch all iPhone models to OLED displays by 2025, impacting Japanese suppliers Japan Display and Sharp, while benefiting BOE Technology and LG Display. This move comes ahead of Apple's iPhone 16 launch and amid competition from Huawei.

Portfolio Pulse from Ananya Gairola

September 04, 2024 | 3:02 am

NVDA

Cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, experienced significant declines, leading to large liquidations of bullish bets. Bitcoin's price fell sharply, and the market sentiment turned bearish. Nvidia's stock also dropped significantly after receiving a DOJ subpoena.

Portfolio Pulse from Aniket Verma

September 04, 2024 | 2:04 am

CURLF

The US Cannabis Council (USCC) is advocating for federal cannabis legalization and regulation of hemp-derived intoxicating products. The council, which includes major cannabis companies like Curaleaf, is pushing for changes to the Farm Bill to address regulatory gaps. The debate is particularly heated in Florida, where political figures have conflicting stances on cannabis and hemp regulation. The USCC is also expanding to include hemp manufacturers, anticipating future regulatory changes.

Portfolio Pulse from Rolando García

September 03, 2024 | 11:15 pm

WBD

Warner Bros. Discovery's Rocksteady Studios has laid off several employees following the poor performance of its game, Suicide Squad: Kill the Justice League. The layoffs, particularly affecting the QA team, are linked to a $200 million revenue loss for Warner Bros. Discovery.

Portfolio Pulse from Franca Quarneti

September 03, 2024 | 10:49 pm

ASML

NVDA

SMH

SOXX

TSM

China's significant investment in semiconductor manufacturing, surpassing the combined spending of the US, Taiwan, and South Korea, could impact major chipmakers like Nvidia and ASML. Despite sanctions, China remains a key market for these companies, with substantial sales contributions.

Portfolio Pulse from Natan Ponieman

September 03, 2024 | 10:02 pm

CX

Cemex has acquired a majority stake in RC-Baustoffe Berlin GmbH & Co. KG, a company specializing in processing construction, demolition, and excavation materials. This acquisition will enhance Cemex's Regenera business by integrating recycling capabilities and CO₂ storage technology.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 10:02 pm

LYV

The UK government is examining dynamic pricing practices by ticketing websites after Oasis fans faced high ticket prices for the band's reunion tour. Ticketmaster, owned by Live Nation Entertainment Inc (NYSE:LYV), is under scrutiny for its pricing strategies, which have led to complaints and government intervention.

Portfolio Pulse from Franca Quarneti

September 03, 2024 | 9:33 pm

AMZN

BA

LMT

RKLB

The space race between Jeff Bezos and Elon Musk intensifies as Amazon's Project Kuiper secures licenses in New Zealand, potentially collaborating with Rocket Lab. This move challenges Musk's Starlink, which has a significant head start. Bezos is also focusing more on Blue Origin, signaling a deeper rivalry with Musk's SpaceX.

Portfolio Pulse from Chris Katje

September 03, 2024 | 9:19 pm

CLOV

Clover Health's stock surged over 21% in after-hours trading following a multi-year agreement between its subsidiary, Counterpart Health, and The Iowa Clinic. The deal involves providing a cloud-based software platform to clinicians, with potential incentive payments tied to care management goals.

Portfolio Pulse from Adam Eckert

September 03, 2024 | 9:17 pm

PFE

Acepodia has entered a strategic clinical collaboration with Pfizer Ignite to develop its therapies for autoimmune diseases. Pfizer Ignite will provide strategic guidance and resources, enhancing Acepodia's drug development process.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 9:04 pm