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CARA

CURR

OGI

XXII

The cannabis sector experienced mixed movements on September 12, 2024, with notable gains for 22nd Century Group and Affinor Growers, while Leafbuyer Techs and Elixinol Wellness saw significant declines.

Portfolio Pulse from Benzinga Insights

September 12, 2024 | 8:30 pm

CDTX

The trading halt status was updated at 4:30 PM ET, indicating a resumption of quotations. This update is crucial for investors tracking the affected stocks.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 8:30 pm

ADBE

Adobe reported record Q3 revenue and earnings per share (EPS) that beat analyst estimates. The company achieved a 10.63% year-over-year revenue growth, driven by strong performance in its Digital Media and Digital Experience segments. Despite the positive results, Adobe's stock fell 8.51% in after-hours trading.

Portfolio Pulse from Erica Kollmann

September 12, 2024 | 8:29 pm

UAL

United Airlines' executive expressed a goal to achieve a net debt to EBITDA ratio of two times, indicating a focus on financial stability and debt management.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 8:26 pm

UAL

A United Airlines executive expressed optimism about the current state of airline yields, noting more tailwinds than headwinds. The executive highlighted the encouraging pace at which airlines are making capacity decisions.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 8:21 pm

FXY

QQQ

Major central banks are cutting interest rates to combat slowing inflation, but the Bank of Japan is diverging by raising rates, impacting global markets. This divergence is affecting the carry trade, leading to a stronger yen and impacting U.S. tech stocks, particularly the Nasdaq 100.

Portfolio Pulse from Piero Cingari

September 12, 2024 | 8:20 pm

ONMD

OneMedNet has received a notice from the Nasdaq Listing Qualifications Department due to a delay in filing its Forms 10-Q. This could impact its Nasdaq listing status.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 8:18 pm

WFC

Wells Fargo has entered into a formal agreement with the U.S. Office of the Comptroller of the Currency (OCC) to enhance its anti-money laundering and financial crimes risk management practices. The OCC identified deficiencies in Wells Fargo's internal controls, leading to a 4.02% drop in the company's stock price.

Portfolio Pulse from Erica Kollmann

September 12, 2024 | 8:17 pm

KDP

Keurig Dr Pepper has announced an increase in its dividend from $0.86 to $0.92 per share, reflecting the company's strong financial performance and commitment to returning value to shareholders.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 8:17 pm

CCI

Unusual options activity has been observed for Crown Castle (NYSE:CCI), with a significant amount of bearish sentiment among big-money traders. The options trades include 1 put and 8 calls, with a total trade value of $487,998. The price target for CCI is between $60 and $125. The stock is currently trading at $119.07, down by 0.89%, and may be overbought according to RSI indicators.

Portfolio Pulse from Benzinga Insights

September 12, 2024 | 8:17 pm