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AYRWF

AYR Wellness has received conditional approval from the Virginia Cannabis Control Authority to establish medical marijuana operations in Virginia's Health Service Area 1. This is a strategic move for AYR as it expands its footprint in underserved regions, potentially boosting revenue growth amid profitability challenges.

Portfolio Pulse from Patricio Liddle

September 06, 2024 | 4:28 pm

HOOD

Barclays analyst Benjamin Budish upgraded Robinhood Markets (NASDAQ:HOOD) from Underweight to Equal-Weight, raising the price target from $18 to $20. Robinhood has evolved from a meme stock platform to a competitive brokerage, driven by new products and global expansion. Despite potential challenges, the analyst sees a balanced risk/reward profile for the stock.

Portfolio Pulse from Nabaparna Bhattacharya

September 06, 2024 | 4:16 pm

BTCUSD

Bitcoin veteran Fred Krueger envisions a future where Bitcoin becomes the global currency by 2051, replacing central banks and fiat currency. He predicts a stable economy with zero inflation, where wages and taxes are paid in Bitcoin, fostering financial inclusion and reducing wealth inequality.

Portfolio Pulse from Khyathi Dalal

September 06, 2024 | 4:14 pm

META

Meta Platforms has introduced new notifications in WhatsApp and Messenger for European users, informing them about third-party chats. This move is likely in response to regulatory requirements in Europe.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 4:10 pm

AAPL

AVGO

GOOG

META

NVDA

QQQ

SPY

TSLA

The recent jobs report, known as the 'mother of all reports', has disappointed both bulls and bears due to mixed data, making it difficult for the Fed to decide on interest rate cuts. Fed Governor Waller's upcoming remarks are expected to influence market direction. Broadcom's earnings met expectations for AI chips but fell short overall, impacting AI stocks. Money flows are positive in major tech stocks and ETFs like SPY and QQQ. Investors are advised to maintain a protection band strategy to balance risk and opportunity.

Portfolio Pulse from The Arora Report

September 06, 2024 | 3:54 pm

XRPUSD

Ripple's co-founder Chris Larsen endorses Kamala Harris for president amidst ongoing crypto regulatory debates. Ripple recently won a legal victory against the SEC regarding XRP sales, impacting the crypto industry's regulatory landscape. Ripple is also seeking to delay a $125 million penalty payment in its ongoing legal battle with the SEC.

Portfolio Pulse from Murtuza Merchant

September 06, 2024 | 3:44 pm

APIE

AVIV

TM

Toyota Motor Corporation's stock is trading lower due to a reduction in its 2026 electric vehicle production target by 30%, amid a global demand slowdown. However, Toyota will benefit from Japan's $2.4 billion support for EV battery production. The stock has lost over 29% in the past six months.

Portfolio Pulse from Nabaparna Bhattacharya

September 06, 2024 | 3:32 pm

ACON

Aclarion, Inc. (NASDAQ:ACON) has been added to the PRISM Emerging Medical Devices Index, highlighting its innovative AI-driven solutions for chronic low back pain. The company secured its first commercial agreement with Sheridan Community Hospital, marking a significant milestone in its market presence.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 3:29 pm

BNO

USO

Oil prices are declining due to reports of the U.S. and Iraq planning to end the American-led coalition, leading to troop withdrawals in 2025-2026, and Saudi Arabia's decision to cut October's crude oil price to Asia.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 3:14 pm