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The article discusses the 'picks and shovels' strategy for investing in artificial intelligence, highlighting Applied Materials (AMAT) as an example. It also covers early trade money flows in major tech stocks and ETFs, and provides insights on gold, oil, and Bitcoin. Additionally, it offers advice on protection bands and the traditional 60/40 portfolio.

Portfolio Pulse from The Arora Report

May 17, 2024 | 2:51 pm

CBSTF

CGC

TCNNF

President Joe Biden's announcement to reschedule marijuana from a Schedule I to a Schedule III drug under federal law is seen as a significant milestone for the cannabis industry. Shavo Odadjian, founder of 22Red, and other industry leaders like David Klein (Canopy Growth) and Kim Rivers (Trulieve) have expressed optimism about the move, which is expected to alleviate tax burdens and foster industry growth.

Portfolio Pulse from Javier Hasse

May 17, 2024 | 2:48 pm

SPY

VGK

U.S. Treasury Secretary Janet Yellen will travel to the G7 Finance Meeting in Italy next week, with a stop in Frankfurt, Germany. At the G7 meeting, she will discuss proposals to expedite future proceeds from frozen Russian assets to provide more financial aid to Ukraine.

Portfolio Pulse from Benzinga Newsdesk

May 17, 2024 | 2:33 pm

FIX

Comfort Systems USA (NYSE:FIX) has significantly outperformed the market over the past 10 years, delivering an average annual return of 35.29%. A $100 investment in FIX 10 years ago would be worth $2,050.97 today. The company's current market capitalization is $11.49 billion.

Portfolio Pulse from Benzinga Insights

May 17, 2024 | 2:30 pm

LIN

Linde (NASDAQ:LIN) has outperformed the market over the past 10 years with an average annual return of 12.73%, surpassing the market by 1.94% annually. A $100 investment in LIN 10 years ago would be worth $330.92 today.

Portfolio Pulse from Benzinga Insights

May 17, 2024 | 2:30 pm

BRKR

Bruker Corporation's shares fell by 2.65% as the company began its investor webinar at 10:00 a.m. ET.

Portfolio Pulse from Benzinga Newsdesk

May 17, 2024 | 2:24 pm

BNRG

Brenmiller Energy Ltd. (NASDAQ:BNRG) shares surged after announcing a record project pipeline worth over $500 million, involving 49 potential contracts for its zero-emission heat technology. The company is progressing projects in 12 industries across 13 countries, with a significant portion in advanced negotiation stages.

Portfolio Pulse from Akanksha Bakshi

May 17, 2024 | 2:13 pm

ABAT

LAC

PLL

Piedmont Lithium, Lithium Americas, and American Battery Technology are well-positioned to benefit from the growing demand for lithium due to the energy transition. Insights from J.P. Morgan's discussions with these companies highlight their strategic positioning and potential upside.

Portfolio Pulse from Surbhi Jain

May 17, 2024 | 2:11 pm

XPL

Solitario Resources (NYSE:XPL) has discovered multiple high-grade gold zones at its Golden Crest project in South Dakota, leading to a significant increase in its share price. The newly found zones, Holland, Top Dollar, and Wildcat, have shown remarkable gold values, and further drilling is planned for June. The stock has surged over 10% on this news and is up 64% year-to-date.

Portfolio Pulse from Stjepan Kalinic

May 17, 2024 | 2:11 pm

HIG

Hartford Finl Servs Gr (NYSE:HIG) has outperformed the market over the past 15 years with an average annual return of 13.78%, resulting in a significant growth in investment value. A $1000 investment in HIG 15 years ago would be worth $6,830.89 today.

Portfolio Pulse from Benzinga Insights

May 17, 2024 | 2:00 pm