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EVIO

RSSFF

TGIFF

Marijuana stocks experienced significant movement on Tuesday, with EVIO and Affinor Growers leading the gains. EVIO's shares soared by 9900.00%, while Affinor Growers' shares increased by 145.22%. Other notable gainers included Item 9 Labs, Indiva, and Body and Mind. Conversely, 1933 Industries led the losers with a 33.64% decline, followed by Rocky Mountain High and RIV Capital. The article also mentions several other companies in both the gainers and losers categories, reflecting a volatile day for cannabis-related stocks.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 9:30 pm

AGG

BND

MBB

VMBS

Fund managers are recommending a shift from cash and money market funds to Treasury and mortgage bonds, citing decreasing inflation and potential economic slowdown. Money market fund assets have reached a record $5.73 trillion, but with the Federal Reserve's interest rate hikes potentially nearing an end, bonds are becoming more attractive. The two-year Treasury bond yields 4.89%, while the 5- and 10-year bonds yield 4.44%. Economists predict either an imminent recession or a soft-landing scenario. Mortgage bonds are also suggested as a good investment if interest rates decrease, with increased regulation making them safer than in 2008.

Portfolio Pulse from Natan Ponieman

November 21, 2023 | 9:29 pm

GES

Guess? Inc. reported disappointing Q3 financial results, with earnings and guidance for Q4 adjusted EPS falling short of analyst expectations, leading to a decline in the company's stock price.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 9:28 pm

IDEX

Ideanomics reported a significant quarterly loss of $(5.39) per share with sales of $665.00K, which is a sharp 91.91% decrease from $8.22M in the same quarter last year.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 9:26 pm

HPQ

HP's stock price is trading lower following the release of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 9:26 pm

NVDA

NVIDIA anticipates a significant decline in sales to China and country groups D1, D4, and D5 in the fourth quarter of fiscal 2024, as reported by Reuters.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 9:25 pm

SONX

The New York Stock Exchange (NYSE) has announced that it will start delisting proceedings against Sonendo, a company that may be trading under the ticker SONX. This action indicates that Sonendo has not met the NYSE's continued listing standards. The delisting of Sonendo could affect investor confidence and the ability of the company to raise capital in the future.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 9:24 pm

COIN

A cryptocurrency PAC named Fairshake, supported by Coinbase Global CEO Brian Armstrong, is spending on ads to back crypto-friendly candidates for the 2024 election. Armstrong pledged $1 million to the PAC, which aims to raise $50 million. The PAC has supported 13 candidates from both parties, focusing on those serving on committees that advance crypto legislation. The 2024 election could see record ad spending, with cryptocurrency potentially being a significant voter issue.

Portfolio Pulse from Chris Katje

November 21, 2023 | 9:24 pm

NVDA

NVIDIA has reported a significant increase in its Q3 data center revenue, which reached $14.51 billion. This represents a 41% increase from the previous quarter and a 279% increase compared to the same quarter last year.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 9:23 pm

CLAY

Mobix Labs, Inc. and Chavant Capital Acquisition Corp. (NASDAQ:CLAY) have announced the SEC's effectiveness of the Registration Statement for their proposed business combination. The extraordinary general meeting for Chavant shareholders to approve the merger is scheduled for December 14, 2023. Post-merger, Mobix Labs expects to trade on Nasdaq under the ticker symbols 'MOBX' and 'MOBXW'.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 9:23 pm