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Joe Lonsdale, co-founder of Palantir Technologies, discussed the current impact of AI on the economy, noting that while AI has not yet driven immediate growth, it holds potential for future productivity gains. Palantir's recent success, including a 27% revenue increase and a partnership with Microsoft, was highlighted. Lonsdale expressed skepticism about AI's immediate impact on Apple.

Portfolio Pulse from Ananya Gairola

August 09, 2024 | 2:20 am

SOLUSD

Donald Trump Jr. and Eric Trump warned the cryptocurrency community about fake tokens claiming to be associated with the Trump family. They assured that any official Trump project will be announced directly by them. This follows hints at a significant announcement related to cryptocurrency and decentralized finance (DeFi).

Portfolio Pulse from Aniket Verma

August 09, 2024 | 1:31 am

SPOT

Joe Rogan has endorsed independent presidential candidate Robert Kennedy Jr. over major party candidates on his podcast, 'The Joe Rogan Experience.' Rogan criticized both Democrats and Republicans and praised Kennedy for his political approach. Despite the endorsement, Kennedy's support remains low in polls. Rogan's podcast is exclusive to Spotify.

Portfolio Pulse from Benzinga Neuro

August 09, 2024 | 12:48 am

SPHR

WBD

The Las Vegas Sphere, owned by Sphere Entertainment Co (NYSE:SPHR), plans to show the classic film 'The Wizard of Oz,' which is owned by Warner Bros. Discovery (NASDAQ:WBD). The venue is investing $80 million to adapt the film for its high-tech environment. This move could open new revenue streams for Sphere Entertainment, which has already hosted major events and concerts.

Portfolio Pulse from Chris Katje

August 08, 2024 | 10:32 pm

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BLD

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CEG

EMR

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GRID

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TAN

WHR

July 2024 was the second hottest July in history, with record temperatures in several regions. This trend presents investment opportunities in companies producing air-conditioning units, weather insulation, and clean energy. Key companies include Carrier Global Corp, Whirlpool Corporation, Emerson Electric Co, Owens Corning, TopBuild Corp, Beacon Roofing Supply Inc, and clean energy ETFs like iShares Global Clean Energy ETF, First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund, and Invesco Solar ETF. Individual clean energy companies like First Solar Inc, GE Vernova Inc, and Constellation Energy Corp have also shown strong performance.

Portfolio Pulse from Natan Ponieman

August 08, 2024 | 10:10 pm

APYX

Apyx Medical Corporation announced a peer-reviewed clinical publication demonstrating that its Renuvion technology results in significantly fewer adverse events compared to InMode's Bipolar RF system following liposuction or body contouring procedures. The study, published in Plastic and Reconstructive Surgery—Global Open, analyzed data from over 450 patients and found that Renuvion had a superior safety profile, shorter procedural times, and higher patient satisfaction rates.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:08 pm

PLBY

PLBY Group, Inc. (NASDAQ:PLBY) announced the return of Playboy magazine with an annual edition in February 2025 and the revival of the Playmate franchise with a worldwide search for the 2024 and 2025 Playmate of the Year. The new Playboy.com website has also launched, featuring unique and exclusive content.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:02 pm

ISSC

Innovative Solutions & Support (ISSC) has secured a multi-million-dollar contract to supply 19" multifunction displays with integrated mission computers to foreign militaries. Deliveries will commence immediately.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:00 pm

JYNT

The Joint Corp has reiterated its FY24 guidance, expecting system-wide sales to be between $530M and $545M. System-wide comp sales for clinics open 13 months or more are projected to be in the mid-single digits. The company plans to open 60 to 75 new franchised clinics in 2024, down from 104 in 2023.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:00 pm

LIF

Life360 has updated its agreements with Arity and Placer.ai to enhance member value and develop new revenue streams. These partnerships will support Life360's mobile apps on iOS and Android devices.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:59 pm