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SGAMY

Sega Sammy Holdings Inc (OTC:SGAMY) reported mixed Q1 2024 results with strong video game sales but an overall revenue decline. The Entertainment Contents division saw a 34% increase in net sales, driven by full-game sales and back catalogue titles. However, the pachislot and pachinko segment struggled, with a 43% drop in net sales. Sega's acquisition of Rovio and upcoming game releases are expected to bolster future performance.

Portfolio Pulse from Franca Quarneti

August 08, 2024 | 6:42 pm

LCID

Lucid Group Inc (NASDAQ:LCID) shares are trading higher by 7.73% to $3.13 due to a broader tech sector rally driven by better-than-expected jobless claims data. This eased recession fears and boosted investor confidence, particularly benefiting high-growth companies like Lucid.

Portfolio Pulse from Henry Khederian

August 08, 2024 | 6:38 pm

DIS

DKNG

MGM

The University of Colorado Football team, led by Deion Sanders, is attracting significant betting interest for the 2024 NCAA season. BetMGM and DraftKings have seen high betting activity on the team's performance, with odds for the championship and individual player awards being adjusted. The team faces a challenging schedule and is predicted to finish 11th in the Big 12 Conference.

Portfolio Pulse from Chris Katje

August 08, 2024 | 6:36 pm

CBS

Former President Trump announced that CBS will host the Vice Presidential debates. This news could impact CBS's stock as it may increase viewership and advertising revenue.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 6:26 pm

MSTR

MicroStrategy (NASDAQ:MSTR) shares are trading higher due to a 10-for-1 stock split and a rebound in Bitcoin prices. The company holds a significant amount of Bitcoin, which has a market value of $14.016 billion. Additionally, MicroStrategy announced that its MicroStrategy ONE for Government solution is now available on AWS Marketplace.

Portfolio Pulse from Erica Kollmann

August 08, 2024 | 6:23 pm

CMCSA

DIS

FOXA

Former President Trump has agreed to participate in debates on Fox, NBC, and ABC in September. The dates are set for September 4, 10, and 25 respectively. Vice President Kamala Harris' team needs to agree to the debate terms.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 6:15 pm

BLNK

CHPT

PBW

SIMS

ChargePoint Holdings, Inc. (NYSE:CHPT) shares are trading higher today following the announcement of their new EV connector solution, ChargePoint Omni Port. This innovation allows any EV to charge in any parking space without needing an additional cable. The stock has lost over 78% in the past year but is seeing a 9.44% increase today. Investors can also gain exposure to ChargePoint through SPDR S&P Kensho Intelligent Structures ETF (NYSE:SIMS) and Invesco WilderHill Clean Energy ETF (NYSE:PBW).

Portfolio Pulse from Nabaparna Bhattacharya

August 08, 2024 | 6:13 pm

LYFT

Investors with significant capital have taken a predominantly bearish stance on Lyft (NASDAQ:LYFT), as evidenced by recent options trading activity. Benzinga's options scanner identified 22 unusual options trades, with 54% being bearish. The trades include 13 puts totaling $2,601,912 and 9 calls totaling $677,932. The targeted price range for Lyft over the last three months is between $7.5 and $15.0. The current trading volume is 16,007,353, and the stock price is up by 9.2%, reaching $9.91.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 6:09 pm

PBR

Brazil's Petrobras has obtained licenses to increase oil production in two fields, according to Reuters citing sources.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 6:09 pm

IYG

JPM

XLF

JPMorgan Chase & Co. (NYSE:JPM) has launched the JPMorgan Fundamental Data Science (FDS) Suite, which includes three new active ETFs on the Nasdaq Stock Exchange. These ETFs leverage data science for portfolio construction and target core equity segments. The launch is part of JPMorgan's strategy to use advanced data science techniques to navigate complex markets. Additionally, JPMorgan Payments is expanding its collaboration with PopID to introduce in-store biometric payment technology.

Portfolio Pulse from Lekha Gupta

August 08, 2024 | 6:02 pm