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Elon Musk praised Boeing's new CEO, Kelly Ortberg, for focusing on factory operations, following NASA's decision to return astronauts from Boeing's Starliner via SpaceX. The Starliner has faced delays due to technical issues.

Portfolio Pulse from Anan Ashraf

August 25, 2024 | 2:25 am

NASA has chosen SpaceX over Boeing for the return of two astronauts from the International Space Station due to issues with Boeing's Starliner spacecraft. This decision raises concerns about the future of the Starliner program, which has faced multiple technical challenges and financial losses.

Portfolio Pulse from Nabaparna Bhattacharya

August 24, 2024 | 7:50 pm

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CoinFlip, a Chicago-based startup, is expanding its cryptocurrency ATM offerings beyond Bitcoin to include several other cryptocurrencies. The company is navigating a market correction in the Bitcoin ATM space, which is seeing consolidation and a reduction in the number of ATMs. CoinFlip is also exploring global expansion, particularly in New Zealand, and is investing in early-stage crypto startups through CoinFlip Ventures.

Portfolio Pulse from Anthony Noto

August 24, 2024 | 4:00 pm

GDNSF

GTBIF

Minnesota's upcoming cannabis licensing in 2025 faces challenges as out-of-state applicants flood the market, potentially diluting local focus. Legal experts discuss the implications for local entrepreneurs and the unique features of Minnesota's cannabis industry, including tribal-owned businesses and restrictions on vertical integration.

Portfolio Pulse from Patricio Liddle

August 24, 2024 | 3:36 pm

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The EV sector saw mixed developments this week. Tesla received a tariff cut in Europe but lost its BEV crown to BMW. Lucid claimed tech leadership over Tesla, while Ford scaled back its EV plans. Workhorse reported poor earnings, and Canoo faced executive departures. The KraneShares EV ETF rose 3.44% for the week.

Portfolio Pulse from Shanthi Rexaline

August 24, 2024 | 2:00 pm

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Crypto analyst Michaël van de Poppe predicts Bitcoin could reach new all-time highs if it surpasses a key resistance level of $62,000. Bitcoin is currently trading at $64,028, having surged past this level. Van de Poppe also highlights the potential impact of ETF data inflows on Bitcoin's price. Additionally, he notes that Ethereum could trigger an altcoin market uptrend if it breaks the $2,700 resistance level.

Portfolio Pulse from Rounak Jain

August 24, 2024 | 5:35 am

AAPL

Apple Inc. is set to launch the iPhone 16, new Apple Watch, and AirPods at a September 10 event. The launch is crucial for Apple, which has faced sluggish sales, and is expected to boost revenue. The iPhone 16 will feature larger screens and new camera functionalities, while the Apple Watch Series 10 and new AirPods models will also be introduced.

Portfolio Pulse from Rounak Jain

August 24, 2024 | 3:24 am

PWM

Prestige Wealth Inc. (NASDAQ:PWM) has entered into an agreement to acquire SPW Global Inc, which owns Wealth AI, for $4.5 million. The acquisition aims to enhance PWM's AI capabilities in wealth management.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 8:32 pm

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DoorDash has partnered with Mattress Firm to deliver mattresses and sleep accessories to college students, expanding its delivery offerings beyond food. This collaboration highlights DoorDash's diversification strategy and Mattress Firm's innovative approach to reach college students.

Portfolio Pulse from Chris Katje

August 23, 2024 | 8:24 pm

MIRA

MIRA Pharmaceuticals shares rise as the company reports a 100% reversal of neuropathic pain in a rat study using oral Ketamin-2.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 8:20 pm