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BBJP

DXJ

EWJ

Japan's household spending for June increased by 0.1% month-over-month, falling short of the estimated 0.2% and showing a slight improvement from the prior -0.3%.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 4:52 am

EWU

The U.K. BRC Retail Sales Monitor for July reported a year-over-year increase of 0.3%, matching the estimated growth and improving from the prior month's -0.5%.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 4:52 am

BTCUSD

DOGEUSD

ETHUSD

Leading cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, rebounded after a significant crash. Bitcoin's price rose to $55,987.91, Ethereum to $2,536.80, and Dogecoin to $0.09892. Analysts suggest Bitcoin could reach $67,000 if it maintains a support level of $54,000. Stock markets also experienced a rebound after a severe drop.

Portfolio Pulse from Aniket Verma

August 06, 2024 | 2:41 am

MARUY

SFTBF

SFTBY

Japan's stock market rebounded significantly after a historic plunge, with the Nikkei 225 and Topix gaining nearly 10%. This recovery was supported by strong service sector and employment data. US futures also showed improvement.

Portfolio Pulse from Benzinga Neuro

August 06, 2024 | 2:03 am

AAWH

ACRHF

CCHW

CRLBF

GTBIF

MRMD

VEXTF

As Ohio begins recreational cannabis sales on August 6, Pablo Zuanic of Zuanic & Associates has initiated coverage of Vext Science (OTC:VEXTF) with an Overweight rating, citing significant growth potential. Zuanic projects Vext's EBITDA could grow six-fold by CY26. The Ohio market is expected to reach $2.36 billion by 2026. Despite trading in line with the MSO average, Vext's stock valuation does not yet reflect the expected EBITDA ramp. Other MSOs mentioned include Acreage (OTCQX:ACRHF), Cannabist (CSE:CCHW), Ascend (OTC:AAWH), Cresco (OTC:CRLBF), Green Thumb (OTCQX:GTBIF), and MariMed (OTCQB:MRMD).

Portfolio Pulse from Nicolás Jose Rodriguez

August 05, 2024 | 11:52 pm

AAPL

CSCO

CZR

DIA

ETSY

INTC

SPY

WBA

Tech stocks led the Dow Jones Industrial Average to its largest drop in almost two years, with the index falling 2.6% and the S&P 500 shedding 3%. Major tech stocks like Intel, Apple, and Cisco saw significant declines. The SPDR Dow Jones Industrial Average and SPDR S&P 500 ETF Trust also fell. Investors are concerned about a weakening U.S. economy following a cooler-than-expected jobs report.

Portfolio Pulse from Michael Juliano

August 05, 2024 | 11:32 pm

GTBIF

Green Thumb Industries Inc. (OTC:GTBIF) reported strong Q2 2024 financial results with an 11% increase in revenue to $280 million, a net income of $20.7 million, and an adjusted EBITDA of $94 million. The company also repurchased shares worth $20 million and opened new dispensaries, contributing to its market expansion. However, rising costs and regulatory challenges remain areas to watch.

Portfolio Pulse from Nicolás Jose Rodriguez

August 05, 2024 | 11:15 pm

OTTR

Otter Tail Corporation has increased its FY24 EPS guidance from $6.23 - $6.53 to $6.77 - $7.07, citing continued strength in its Plastics segment. Despite strong quarterly results in the Manufacturing segment, the company anticipates demand-related headwinds in the second half of 2024.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 10:05 pm

OTTR

Otter Tail (NASDAQ:OTTR) reported Q2 2024 GAAP EPS of $2.07, beating the $1.70 estimate, but sales of $342.336M missed the $367.714M estimate.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 10:01 pm

VSTO

Vista Outdoor has reaffirmed its FY25 outlook, projecting sales between $2.665 billion and $2.775 billion, with an estimated $2.728 billion. The company also expects adjusted EPS to range from $3.60 to $4.50, with an estimated $4.17.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 9:44 pm