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COMP

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PFE

The global psychedelic drugs market is expected to grow by $1.37 billion from 2024 to 2028, driven by mental health disorders and AI integration. Key players include AbbVie, ATAI Life Sciences, COMPASS Pathways, Johnson & Johnson, Pfizer, and Mind Medicine. Despite growth potential, regulatory challenges and ethical concerns remain.

Portfolio Pulse from Juan Spínelli

September 05, 2024 | 4:53 pm

TSN

Tyson Foods' CFO Curt Calaway reports an increase in retailer promotions for chicken and beef, indicating a potential boost in sales for these products.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 4:53 pm

BNO

DBO

OILK

USL

USO

Citi warns that oil prices could fall below $60 per barrel by 2025 if OPEC+ doesn't cut production further, due to reduced demand and increased supply from non-OPEC countries. The market may lose confidence in OPEC+ maintaining the $70 level, and Citi recommends selling into rallies when Brent nears $80. Goldman Sachs also predicts a potential decrease in oil prices due to AI advancements.

Portfolio Pulse from Lekha Gupta

September 05, 2024 | 4:42 pm

AVGO

INTC

IVV

TSM

VOO

Intel's CFO expects significant revenue from its contract chip manufacturing by 2027, despite recent setbacks including a failure to impress Broadcom and losing out to TSMC. Intel's stock has dropped significantly over the past year, and the company is considering strategic changes. Investors can gain exposure to Intel through ETFs like VOO and IVV.

Portfolio Pulse from Anusuya Lahiri

September 05, 2024 | 4:37 pm

MPC

Marathon Petroleum (NYSE:MPC) has significantly outperformed the market over the past decade, with an annualized return of 14.12%. A $1000 investment in MPC 10 years ago would be worth $3,692.98 today, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 05, 2024 | 4:30 pm

TMHC

Taylor Morrison Home (NYSE:TMHC) has outperformed the market over the past 10 years with an average annual return of 12.82%, resulting in a significant increase in investment value. A $100 investment 10 years ago would now be worth $339.88.

Portfolio Pulse from Benzinga Insights

September 05, 2024 | 4:30 pm

APLD

EAST

HOTH

QLGN

SGLY

SIFY

U.S. stocks fell with the Dow Jones down over 1%. Notable stock movements included Eastside Distilling's 208% rise due to a merger, and Applied Digital's 74% increase following a $160 million financing agreement. U.S. crude oil inventories dropped significantly, impacting oil prices.

Portfolio Pulse from Avi Kapoor

September 05, 2024 | 4:27 pm

AAPL

AMZN

CLX

GOOG

META

MSFT

NVDA

QQQ

SPY

TSLA

The article discusses the contrasting performance of Clorox (CLX) and Nvidia (NVDA), highlighting CLX's gains amid NVDA's volatility. It also covers the weakening jobs picture and its potential impact on the economy and stock market. Money flows are positive for AMZN and TSLA, but negative for AAPL, GOOG, META, MSFT, NVDA, SPY, and QQQ.

Portfolio Pulse from The Arora Report

September 05, 2024 | 4:24 pm

SOFI

SoFi Technologies Inc (NASDAQ:SOFI) shares have risen by 15% over the past month due to expectations of a potential interest rate cut by the Federal Reserve. Lower rates could increase demand for SoFi's lending products, improve profit margins, and reduce default risks.

Portfolio Pulse from Henry Khederian

September 05, 2024 | 4:23 pm

HDRO

HYDR

PLUG

Plug Power, Inc. (NASDAQ:PLUG) has received a $10 million grant from the U.S. Department of Energy to develop hydrogen refueling infrastructure. This is part of a $62 million DOE investment in clean hydrogen technologies. The project will build a hydrogen fueling station in Pullman, Washington, operational by 2026. Plug Power's leadership in green hydrogen is further highlighted by previous DOE awards. Investors can access the stock via Global X Hydrogen ETF (NASDAQ:HYDR) and ETF Series Solutions Defiance Next Gen H2 ETF (NYSE:HDRO).

Portfolio Pulse from Lekha Gupta

September 05, 2024 | 4:10 pm