Tag: benzinga

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Cheech And Chong’s Cannabis Company Responds To Gov Newsom’s Ban On Hemp Products Containing Any ‘Detectable Amount’ Of THC

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Governor Gavin Newsom‘s Friday announcement that his administration intends to undertake emergency regulations that would ban hemp products containing any “detectable amount of total THC” sent shock waves through California’s hemp and cannabis industry. Newsom said in a statement that the emergency rules, which include limiting sales to five servings per package and exclusively to […]

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C3.ai Q1 Earnings Preview: Can Company Keep Streak Of EPS Beats Alive With New AI Diversification Efforts?

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Enterprise artificial intelligence company C3.ai Inc (NYSE:AI) is one of the few stocks linked to the artificial intelligence sector that have seen shares trade down year-to-date, something the company hopes could be reversed with a strong quarterly earnings report on Wednesday after the market close.C3.ai Earnings Estimates: Analysts expect C3.ai to report first-quarter revenue of […]

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Scaramucci: Trump Wins Billionaires’ Support Despite Coming Off As ‘Raging Lunatic,’ Harris Backs A ‘Ridiculously Stupid Idea’

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On his weekly podcast, former White House Communications Director Anthony Scaramucci delved into how Vice President Kamala Harris fared in her recent public appearances and also the potential secret weapon that Donald Trump may have on hand.DNC Speech Impact: Harris did not get the biggest bump in the polls that she deserved, said Scaramucci in […]

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Why GD Culture Group Shares Are Trading Higher Today

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GD Culture Group Limited (NASDAQ:GDC) shares are surging Wednesday. The company announced that it launched a TikTok account. Here’s what you need to know.What To Know: GD Culture Group shares skyrocketed, gaining over 211.6% in value at one point Wednesday after the company announced the launch of its TikTok account, @streamlineainews.This account is designed to […]

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JPMorgan Rolls Out AI Assistant To 60,000 Employees For Enhanced Productivity

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JPMorgan Chase & Co. (NYSE:JPM) has provided an artificial-intelligence assistant to more than 60,000 employees, with plans to eventually make the technology available throughout the company.The program, called LLM Suite, is designed to help employees with tasks such as writing emails and reports, CNBC reported.The bank launched the system with ChatGPT maker OpenAI’s large language […]

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Lyft Shares Are On The Move: What You Need To Know

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Lyft Inc. shares (NASDAQ:LYFT) are trading lower Wednesday following the company’s second-quarter earnings before the market opened today. Here’s what you need to know.Q2 Earnings Recap:Revenue: Lyft reported revenue of $1.4 billion, up 41% year-over-year.Adjusted EPS: Lyft reported an adjusted EPS of 24 cents, which beat the analyst consensus estimate of 19 cents.CEO David Risher […]

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Veteran Wall Street Analyst Counters Recession Fears: ‘We Don’t Expect A Hard Landing Of The Economy’

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Veteran Wall Street investor Ed Yardeni challenged fears of a U.S. recession on Monday, opposing the prevailing market sentiment that unsettled global equities.“A weak July employment report does not make a recession,” wrote Ed Yardeni, president of Yardeni Research, in a morning note published ahead of the stronger-than-expected ISM Services PMI report. Yardeni argues that […]

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Valorant Console Now Available On Xbox Series X/S, PlayStation 5: What PC Players Need To Know

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Riot Games has officially launched Valorant Console on Xbox Series X/S and PlayStation 5, following a successful Open Beta period. This move expands the popular tactical shooter’s reach beyond its initial PC launch. It aims to deliver the same high-stakes competitive experience to console gamers.See Also: Valorant Takes China By Storm: Tencent Plans Launch Of […]

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