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CURLF

TCNNF

Former President Donald Trump has endorsed Florida's Amendment 3, which seeks to legalize recreational marijuana. This endorsement has been welcomed by the cannabis industry, including leaders from Trulieve and Curaleaf, who see it as a significant step towards broader legalization. Trump's support could be crucial in achieving the 60% voter approval needed for the amendment to pass.

Portfolio Pulse from Maureen Meehan

August 31, 2024 | 9:46 pm

TCNNF

Donald Trump has endorsed Florida's Amendment 3, which seeks to legalize recreational marijuana, marking a significant shift in his stance on drug policy. This endorsement could influence the upcoming November vote and impact the political landscape, particularly affecting Governor Ron DeSantis, who opposes the measure. Trulieve, a major medical marijuana company, is a key financial supporter of the pro-cannabis campaign.

Portfolio Pulse from Maureen Meehan

August 31, 2024 | 6:13 pm

BYDDY

LCID

RIVN

TSLA

XPEV

The EV sector saw mixed results this week with Tesla extending its zero-interest financing in China, Rivian facing a fire incident, and XPeng surging due to strong demand for its new model. Lucid is working on affordable EVs, and BYD plans to expand internationally.

Portfolio Pulse from Shanthi Rexaline

August 31, 2024 | 1:33 pm

LCID

META

SMCI

TSLA

Benzinga highlights bullish and bearish stock stories, including Tesla's EV incentives in Colorado, Lucid's armored vehicle, and Super Micro's stock drop due to governance issues. Meta faced pressure from the Biden administration to censor COVID-19 content.

Portfolio Pulse from Michael Cohen

August 31, 2024 | 1:04 pm

AAPL

GOOGL

META

MSFT

Gene Munster from Deepwater Asset Management predicts that Apple will rely on OpenAI, Google, and Meta for AI features, rather than developing its own large language model. This strategy could lead to innovative products like AirPods with cameras, competing with Meta and Google's smart glasses. Apple's potential investment in OpenAI is part of a fundraising round valuing the AI company at over $100 billion.

Portfolio Pulse from Ananya Gairola

August 31, 2024 | 8:42 am

TSLA

Tesla CEO Elon Musk expressed interest in reinstating Dogecoin as a payment option for Tesla merchandise. This follows a recent legal victory where Musk and Tesla were cleared of allegations of market manipulation involving Dogecoin.

Portfolio Pulse from Anan Ashraf

August 31, 2024 | 7:11 am

TSLA

Woody Harrelson revealed he passed on an early investment opportunity in Tesla, which he now considers a significant financial mistake. Tesla's stock has grown substantially since its IPO, despite a recent decline.

Portfolio Pulse from Anan Ashraf

August 31, 2024 | 5:19 am

BA

NASA has adjusted the SpaceX Crew-9 mission to accommodate astronauts stranded at the ISS due to Boeing's Starliner issues. Only two astronauts will launch on Crew-9, while two others will return to Earth in 2025. Boeing's Starliner will return to Earth without a crew due to technical issues.

Portfolio Pulse from Anan Ashraf

August 31, 2024 | 3:46 am

TSLA

WBD

Tesla is planning to unveil its robotaxi at Warner Bros. Discovery's studio in Burbank, California. The event, initially set for August, was postponed to October 10 to allow for improvements and additional showcases. Tesla aims to transition from an EV manufacturer to an AI and robotics company, focusing on autonomous driving technology.

Portfolio Pulse from Anan Ashraf

August 31, 2024 | 2:28 am

BRK

DIA

F

GM

NVDA

The US economy showed strong growth in Q2, with a 3% annualized rate, boosting Wall Street indices. The Dow Jones hit record highs, while Nvidia's earnings disappointed. Berkshire Hathaway reached a $1 trillion market cap. EV sales projections were lowered, affecting Ford and GM. Real estate ETFs saw significant inflows due to anticipated Fed rate cuts.

Portfolio Pulse from Piero Cingari

August 30, 2024 | 8:46 pm