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HITI

TCNNF

The first legal recreational cannabis store in North Carolina is opening, while D.C. faces challenges with unlicensed cannabis shops. Trulieve Cannabis Corp. expands its retail footprint in Florida and Arizona, and High Tide Inc. opens a new store in Canada.

Portfolio Pulse from Jelena Martinovic

September 06, 2024 | 9:40 pm

CVX

Recent options activity for Chevron (NYSE:CVX) indicates a mixed sentiment among big-money investors, with a notable number of uncommon trades. The options trades suggest a price target range of $120 to $160, with a significant amount of puts and calls. Chevron's stock is currently down 1.62% at $138.64, and RSI indicators suggest it may be oversold. The next earnings report is expected in 49 days.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 8:31 pm

META

PLTR

PYPL

The article highlights five lesser-known facts about Peter Thiel, co-founder of PayPal and Palantir. Thiel was the first outside investor in Facebook, turning a $500,000 investment into over $1 billion. He has political ties with Donald Trump but plans less involvement in the 2024 election. Thiel's relationship with Elon Musk includes past tensions at PayPal and investments in Musk's ventures. Thiel's foundation supported Ethereum's co-founder Vitalik Buterin with a $100,000 grant. Thiel's love for science fiction influenced the naming of his companies.

Portfolio Pulse from Chris Katje

September 06, 2024 | 8:30 pm

BKSY

PL

SATL

TDY

NASA has awarded contracts to eight companies, including BlackSky, Planet Labs, Satellogic, and Teledyne, for the Commercial SmallSat Data Acquisition Program. The contracts, worth up to $476 million, aim to enhance Earth observation data for NASA's research.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 8:28 pm

HBAN

Huntington Bancshares has expanded its commercial banking operations by adding a corporate mortgage finance business. This move is expected to enhance their service offerings and potentially increase their market share in the commercial banking sector.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 8:20 pm

NTDOY

SONY

Sony Group Corp. (NYSE:SONY) has increased the price of its PlayStation 5 in Japan due to economic factors like a weakened yen and inflation. Analysts suggest this price hike is likely contained to Japan for now, but future global adjustments aren't ruled out. The potential release of a PS5 Pro could further impact pricing strategies.

Portfolio Pulse from Franca Quarneti

September 06, 2024 | 8:15 pm

GLD

SLV

SPY

The stock market experienced a decline following mixed jobs data. Additionally, gold and silver prices fell as the US dollar strengthened. The sentencing for Trump's hush money case is scheduled for after the 2024 election.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 8:08 pm

AAPL

F

NVDA

SOXX

September's market volatility is driven by cooling labor data and increased bets on a large Fed rate cut. Semiconductors, particularly Nvidia, faced significant declines due to potential antitrust investigations and Broadcom's disappointing guidance. Ford explores in-car ads, and Apple's upcoming iPhone 16 event may boost its stock.

Portfolio Pulse from Piero Cingari

September 06, 2024 | 8:08 pm

META

Meta Platforms Inc. is working to comply with the EU's Digital Markets Act by integrating third-party chat features into WhatsApp and Messenger for European users. This move aims to enhance user experience and align with regulatory requirements, although full interoperability will take years to achieve.

Portfolio Pulse from Vaishali Prayag

September 06, 2024 | 8:05 pm

LIPO

Lipella Pharmaceuticals has been granted a U.S. patent for their technology involving the delivery of agents using metastable liposomes, specifically for their lead drug targeting hemorrhagic cystitis, cancer, and painful bladder syndrome.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 8:04 pm