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JAZZ

In 2023, São Paulo enacted a law allowing free access to CBD-based medicines, benefiting children with severe epilepsy. This reform was driven by Brazilian mothers advocating for their children's health. Jazz Pharmaceuticals' Epidiolex, an FDA-approved CBD medication, is highlighted as a significant development in treating epilepsy.

Portfolio Pulse from Nina Zdinjak

August 28, 2024 | 1:11 am

LMT

Ukraine has begun using F-16 warplanes, supplied by U.S. allies, in combat against Russia. This marks a significant escalation in military support from the U.S.-led coalition. Lockheed Martin, the manufacturer of the F-16, saw a slight stock increase.

Portfolio Pulse from Michael Juliano

August 27, 2024 | 10:17 pm

ETR

NLR

SMR

SO

URA

The Palisades nuclear power plant in Michigan is set to be the first U.S. plant to be recommissioned after being decommissioned, driven by the growing demand for carbon-free energy. Entergy Corp previously owned the plant, which was sold to Holtec International. The U.S. Department of Energy is providing $1.52 billion in loans for its restoration. The AI revolution is increasing electricity demand, with nuclear energy gaining renewed interest. The Biden administration is promoting nuclear power to reduce fossil fuel dependency. The VanEck Uranium and Nuclear Energy ETF and Global X Uranium ETF have shown recent gains.

Portfolio Pulse from Natan Ponieman

August 27, 2024 | 9:43 pm

GEOS

Geospace Technologies Corporation (NASDAQ:GEOS) has sold OBX-750E seabed ocean bottom wireless seismic data acquisition nodes to SAExploration for an estimated $10.5 million. This sale follows SAExploration's decision to exercise an option in their rental agreement.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 9:24 pm

EA

NEXOF

NTDOY

TTWO

Electronic Arts' EA Sports College Football 25 topped July's revenue charts, marking a successful return. Nexon's The First Descendant and Nintendo's World Champions: NES Edition also made notable debuts. Established titles like Fortnite and Grand Theft Auto 5 maintained strong positions.

Portfolio Pulse from Franca Quarneti

August 27, 2024 | 9:05 pm

WMT

Walmart Marketplace is expanding its offerings by adding premium beauty, pre-owned, and collectibles categories. It also introduces Walmart Multichannel Solutions and Walmart LocalFinds, enhancing seller capabilities for international sales, customer engagement, and local pickup and delivery.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 9:02 pm

ASML

ASML Holding has seen unusual options activity, with a mix of bullish and bearish trades. The options trades suggest a focus on a price range between $570 and $1130. ASML's stock is currently up 0.74% at $889.88, with RSI indicators suggesting it may be overbought.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 8:46 pm

CSCO

Cisco Systems (NASDAQ:CSCO) has seen a surge in options activity, with a mix of bullish and bearish trades. Significant investors are targeting a price range of $25 to $55. The stock is currently trading at $50.69, down 0.2%, and may be approaching overbought territory.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 8:45 pm

JWN

Nordstrom anticipates charges of about 10 basis points to SG&A as a percentage of net sales in Q3 and Q4 due to an uncertain external environment. The company expects an improvement in the sales-to-inventory spread and plans to open 12 more Rack stores ahead of the holiday season.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 8:44 pm

AAPL

GM

General Motors has appointed former Apple executive Tim Twerdahl as VP of Product Management for its Software Services Group. This move indicates GM's focus on enhancing its software services, potentially impacting its competitive position in the automotive industry.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 8:41 pm