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SPY

USO

The USA API reported a weekly crude oil stock draw of 2.790 million barrels, contrary to the expected build of 0.700 million barrels. This follows a previous draw of 7.400 million barrels.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 8:41 pm

WOOF

Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) reported Q2 results with a loss of nine cents per share, missing estimates. Sales met expectations at $1.52 billion, a 1.99% increase year-over-year. Despite growth in consumables and services, supplies and companion animal business declined. Petco projects Q3 losses and revenue slightly below estimates. Shares rose 2.62% after-hours.

Portfolio Pulse from Erica Kollmann

September 10, 2024 | 8:41 pm

IXHL

Incannex Healthcare Inc. (NASDAQ:IXHL) has secured a $60 million financing agreement with Arena Investors to advance its clinical trials in cannabinoid and psychedelic therapies. The funding includes $10 million in convertible notes and a $50 million equity line of credit. The funds will support trials for treatments targeting obstructive sleep apnea, generalized anxiety disorder, and rheumatoid arthritis.

Portfolio Pulse from Patricio Liddle

September 10, 2024 | 8:40 pm

CNTMF

CRLBF

CURLF

MSOS

The DEA's potential rescheduling of cannabis from Schedule I to Schedule III is a critical issue for investors, with a webinar hosted by Z&A to discuss its implications. The DEA's delay in the final ruling has already impacted cannabis stocks, including a significant drop in the AdvisorShares Pure US Cannabis ETF (MSOS) and other major players.

Portfolio Pulse from Nicolás Jose Rodriguez

September 10, 2024 | 8:37 pm

TBIO

Telesis Bio has announced its decision to delist from the Nasdaq Stock Market, leading to a decline in its share price.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 8:35 pm

TBIO

Telesis Bio has informed Nasdaq of its decision to delist its common stock shares.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 8:31 pm

BX

Blackstone (NYSE:BX) has significantly outperformed the market over the past 15 years, with an annualized return of 16.34%. A $1000 investment in BX 15 years ago would be worth $10,165.12 today. This highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 8:30 pm

AJG

Arthur J. Gallagher (NYSE:AJG) has significantly outperformed the market over the past 5 years, with an average annual return of 27.83%. A $100 investment in AJG 5 years ago would now be worth $343.55, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 8:30 pm

CARA

CRBP

CURR

EAST

UGRO

VFF

The article reports on the stock movements of various cannabis-related companies on September 10, 2024. Notable gainers include CNBX Pharmaceuticals and Cara Therapeutics, while Leafbuyer Techs and Eastside Distilling were among the losers.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 8:30 pm

WOOF

Petco Health and Wellness reported a Q2 adjusted loss of $0.02 per share, with sales of $1.524 billion, slightly missing the estimated $1.525 billion.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 8:28 pm