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TSLA

Elon Musk has endorsed California's SB 1047 AI safety bill, advocating for state-level AI regulation despite OpenAI's preference for federal oversight. The bill mandates safety testing for costly AI models, sparking debate among tech leaders.

Portfolio Pulse from Ananya Gairola

August 27, 2024 | 1:50 am

NVDA

Gene Munster from Deepwater Asset Management suggests that Nvidia's stock might experience a short-term dip post-earnings due to demand-supply imbalances and potential delays in the Blackwell architecture. Despite this, Munster remains optimistic about Nvidia's long-term growth prospects.

Portfolio Pulse from Benzinga Neuro

August 27, 2024 | 1:49 am

NRXP

HOPE Therapeutics, a subsidiary of NRx Pharmaceuticals, plans to acquire a network of ketamine treatment clinics with $30 million in financing. The expansion aims to treat conditions like depression and PTSD, projecting $100 million in annual revenue by 2025.

Portfolio Pulse from Rolando García

August 26, 2024 | 10:48 pm

TCNNF

The American Civil Liberties Union of Florida (ACLU-FL) has endorsed Amendment 3, which seeks to legalize cannabis for recreational use in Florida. Despite Governor Ron DeSantis' opposition, support for the amendment is growing, with significant financial backing from firms connected to his own super PAC. Trulieve Cannabis Corp, a major financial backer of the amendment, is also involved through its association with DeSantis' advisor Nick Iarossi.

Portfolio Pulse from Maureen Meehan

August 26, 2024 | 10:44 pm

SONY

WMG

Former President Donald Trump used the Foo Fighters' song 'My Hero' at a rally without permission. The band plans to donate any royalties from this use to Kamala Harris' campaign. The song was originally released under Capitol Records, a unit of Warner Music Group (NASDAQ:WMG), and later under RCA Records, a unit of Sony Group Corp (NYSE:SONY).

Portfolio Pulse from Chris Katje

August 26, 2024 | 9:32 pm

TUYA

Tuya is optimistic about its business prospects due to a stabilizing macroeconomic environment, normalizing inventory levels, and increasing demand for consumer electronics.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 9:12 pm

AAPL

Apple announced a CFO transition with Luca Maestri stepping down on Jan. 1, 2025, to be succeeded by Kevan Parekh. Additionally, Apple is set to unveil the iPhone 16 on Sept. 9, featuring larger screens and new camera features.

Portfolio Pulse from Erica Kollmann

August 26, 2024 | 9:04 pm

CLLS

Cellectis has published a study in 'Molecular Therapy' showcasing their TALEN®-mediated gene editing for SMART DUAL CAR T-cells, targeting resistant solid tumors. This advancement could enhance the efficacy of CAR T-cell therapies in treating solid tumors.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 8:34 pm

BWXT

BWX Technologies has secured a contract from the National Nuclear Security Administration (NNSA) for an engineering study on a domestic uranium enrichment centrifuge pilot plant. This project, in partnership with Oak Ridge National Laboratory (ORNL) and Fluor, aims to advance national security capabilities.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 8:33 pm

NSA

National Storage Affiliates Trust (NSA) has partnered with Solar Landscape to install 100 megawatts of solar capacity on NSA's properties, covering 8.5 million square feet. Solar Landscape has exclusive rights to evaluate 1,000 NSA properties for community solar potential.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 8:23 pm