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PANW

Analysts expect Palo Alto Networks Inc (NASDAQ:PANW) to report Q4 earnings per share of $1.41 on revenue of $2.162 billion. Wedbush maintains an Outperform rating with a $375 price target, citing the company's platformization strategy as a key growth driver. Despite near-term challenges, PANW is seen as a top cybersecurity pick for the next 12-18 months.

Portfolio Pulse from Henry Khederian

August 16, 2024 | 7:28 pm

BHP

The union at the Escondida mine has accepted a new contract offer from BHP, with strong backing from its members. This development is significant for BHP as it ensures continued operations at the world's largest copper mine.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 7:28 pm

AAPL

Apple is reportedly working on a new project involving a robot arm with an attached iPad, with several hundred employees dedicated to the development. This could signal a new product line and innovation in Apple's hardware offerings.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 7:18 pm

META

Meta Platforms Inc. (NASDAQ:META) has indefinitely shelved its VR project for 'GTA: San Andreas' amid $16 billion in losses for its Reality Labs division. This decision reflects Meta's need to reassess priorities in a challenging market.

Portfolio Pulse from Franca Quarneti

August 16, 2024 | 7:10 pm

DIS

A judge has temporarily blocked Disney's sports streaming venture, according to a court filing. This legal setback could impact Disney's plans in the streaming market.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 7:10 pm

DIS

FOX

FUBO

WBD

Shares of fuboTV spiked higher as traders circulated a headline stating that a potential sports service collaboration between Fox, Disney, and Warner has been blocked, which is seen as a win for fuboTV.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 7:10 pm

ARKK

BRK

TSLA

A Benzinga poll asked investors which renowned investor they would trust with their life savings. Warren Buffett overwhelmingly won with 58% of the vote, followed by Elon Musk and Mark Cuban tied at 11%. Cathie Wood's Ark Innovation ETF (NYSE:ARKK) and Berkshire Hathaway Inc (NYSE:BRK) were highlighted for their performance. The poll also gauged investor sentiment on market strategies and cryptocurrency investments for the remainder of 2024.

Portfolio Pulse from Chris Katje

August 16, 2024 | 7:05 pm

EWC

RTX

The U.S. State Department has approved a potential $264.6 million sale of AIM-9X Sidewinder Block II+ and Block II tactical missiles to Canada, as announced by the Pentagon.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 7:04 pm

CING

Cingulate Inc. (NASDAQ:CING) shares surged by 239% after the company was granted a European patent for its ADHD treatment, CTx-1301. This patent covers up to 30 European territories, including the UK. Cingulate is also preparing to file a New Drug Application with the U.S. FDA.

Portfolio Pulse from Vaishali Prayag

August 16, 2024 | 6:59 pm

CBSTF

The Cannabist Company Holdings Inc. (CBSTF) has launched new cannabis-infused products from ButACake in Maryland, expanding their collaboration. The products include oral dissolvable 10mg strips in various flavors. Maryland's legal weed market has surpassed $1.1 billion in sales.

Portfolio Pulse from Jelena Martinovic

August 16, 2024 | 6:57 pm