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Crypto analyst predicts a 170% upside for Dogecoin by 2024. Google accidentally leaks a 360-degree view of the upcoming Pixel 8 Pro. Cathie Wood's Ark Invest continues to sell Shopify and Nvidia shares, while buying Spotify stock. Coinbase-incubated Base faces a major outage but assures no funds are at risk. Tesla, GM, Ford are among automakers targeted by NHTSA over faulty airbag inflators. Tesla raises the price of its Yoke steering wheel amidst recent Model S, X price adjustments.

Portfolio Pulse from Akanksha Bakshi

September 06, 2023 | 1:13 pm

MSOS

AdvisorShares Pure US Cannabis ETF (NYSE:MSOS) has seen a sharp rise, with a 66% increase in the past week and an 18.7% surge on Tuesday to close at $8.08. This rise is attributed to news that the Department of Health and Human Services proposed reclassifying marijuana to a lower-risk drug category. Options traders are betting on the ETF to rise even higher, with a buyer purchasing 2,685 of the December 8-calls at an average price of $1.52 per contract, predicting the ETF to trade above $9.52 by December.

Portfolio Pulse from Lisa Levin

September 06, 2023 | 1:13 pm

MRNA

Moderna Inc's updated COVID-19 vaccine has shown an 8.7-fold increase in neutralizing antibodies against the highly mutated BA.2.86 variant, according to clinical trial data. The vaccine is pending FDA approval for the fall 2023 vaccination season. The Centers for Disease Control (CDC) suggests that updated vaccines may be effective in reducing severe disease and hospitalization caused by this variant. Moderna's shares are up 0.76% in the premarket session.

Portfolio Pulse from Vandana Singh

September 06, 2023 | 1:11 pm

General Motors (GM) has expressed concerns that the demands of the United Auto Workers union could impact the company's manufacturing momentum. The union's demands include eliminating tiered wages and benefits, pay increases to offset inflation, and matching the salary increases of company executives over the last four years, among others. GM shares are trading lower by 0.24% to $33.20 premarket on the last check Wednesday.

Portfolio Pulse from Nabaparna Bhattacharya

September 06, 2023 | 1:08 pm

BSET

CURV

DBGI

EEIQ

EXPR

EZGO

GMBL

LXEH

RMBL

VEDU

XPOF

The article reports on the movement of 11 consumer discretionary stocks in Wednesday's pre-market session. Lixiang Education, Express, Torrid Holdings, Xponential Fitness, and RumbleON saw gains, while Digital Brands Group, EpicQuest Education Group, EZGO Technologies, Bassett Furniture Indus, Visionary Education Tech, and Esports Entertainment experienced declines.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 1:06 pm

ADXN

AMTI

AXLA

CLRB

DCGO

DERM

NBSE

NXGN

PALI

RSLS

RVLP

TRVN

Several healthcare stocks experienced significant movement in Wednesday's pre-market session. Palisade Bio, Trevena, NeuBase Therapeutics, Journey Medical, Reshape Lifesciences, and NextGen Healthcare saw increases ranging from 14.74% to 65.3%. Meanwhile, Applied Molecular, RVL Pharmaceuticals, Axcella Health, DocGo, Cellectar Biosciences, and Addex Therapeutics experienced decreases ranging from 8.4% to 14.0%.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 1:06 pm

AULT

AVAV

During Wednesday's pre-market session, 12 industrial stocks showed significant movement. AeroVironment, Smart Powerr, ShiftPixy, Xylem, Astra Space, and NeoVolta saw increases in their stock prices, with AeroVironment leading with a 17.2% increase. On the other hand, Ault Alliance, GD Culture Group, Urban-gro, Nocera, Greenwave Tech Solns, and Southwest Airlines experienced declines, with Ault Alliance leading the losses with a 12.1% decrease.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 1:06 pm

FOXO

VERB

In Wednesday's pre-market session, several information technology stocks saw significant movement. FOXO Technologies, Marin Software, Mitek Systems, ZeroFox Holdings, Daktronics, and T Stamp all saw their stocks rise, with FOXO Technologies leading the gainers with an 80.8% increase. On the other hand, Verb Tech, WeTrade Group, Akoustis Technologies, Photronics, UTime, and CXApp all saw their stocks decline, with Verb Tech leading the losers with a 25.6% decrease.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 1:05 pm

ROKU

Roku, Inc. (NASDAQ:ROKU) stock is trading higher after the company announced measures to reduce its year-over-year operating expense growth rate. These include consolidating office space, reviewing its content portfolio, reducing outside services expenses, and slowing headcount expense growth through workforce reduction. The company expects to record a restructuring charge of $45 million - $65 million for the workforce reduction. Roku now expects total net revenue of $835 million - $875 million for Q3, up from the prior $815 million.

Portfolio Pulse from Anusuya Lahiri

September 06, 2023 | 1:05 pm

SJM

TWLO

WEST

Jim Cramer, host of CNBC's 'Mad Money Lightning Round', gave his opinions on several stocks. He advised against investing in Westrock Coffee Company (NASDAQ:WEST) and Alcoa Corporation (NYSE:AA), and was lukewarm on The J. M. Smucker Company (NYSE:SJM). However, he was positive about Twilio Inc. (NYSE:TWLO) and Morgan Stanley (NYSE:MS), praising the latter's 'good bloodlines'.

Portfolio Pulse from Lisa Levin

September 06, 2023 | 1:01 pm