Gain detailed insights into the trading activity of Congress members for GE HealthCare Techs on our government trades page. Stay updated on how elected officials are investing in GEHC.

GE HealthCare Techs - Government Trades

GE HealthCare Techs

GE HealthCare Technologies Inc is a globally medical technology, pharmaceutical diagnostics, and digital solutions innovator company. It has four operating segments; Imaging, Ultrasound, Patient Care Solutions (PCS), and Pharmaceutical Diagnostics (PDx). It earns a majority of its revenue from the Imaging segment.

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GE HealthCare Technologies Inc. (NASDAQ: GEHC), along with Heart Hospital of New Mexico at Lovelace Medical Center (HHNM), announced HHNM as the first location in the United States to install GE HealthCare&#39;s latest Allia Image Guided System Pulse.

GE HealthCare&#39;s New Tie-Up to Boost CVD Workflow

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The U.S. Supreme Court supports pharmaceutical companies, led by AstraZeneca, in a lawsuit accusing them of funding terrorism in Iraq, dismissing a lower court&#39;s ruling and sending the case back for reconsideration.

Supreme Court Backs Pharmaceutical Giants in Iraq Terrorism Funding Case

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Jim Lebenthal of Cerity Partners is bullish on NVIDIA Corporation (NVDA) with its 186% surge fueled by AI chip demand. Stephanie Link likes GE Healthcare, Joseph Terranova names Netflix as his final trade.

Nvidia, GE HealthCare Technologies And A Video Streaming Giant On CNBC&#39;s &#39;Final Trades&#39;

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U.S. Supreme Court urged by Biden administration to reconsider terrorism funding ruling involving major pharmaceutical and medical equipment companies accused of supporting terrorism in Iraq.

Biden Administration Urges Supreme Court Review in Terrorism Funding Lawsuit Against Pharma Companies

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15 large-cap stocks had a rough week, with CVS, Starbucks, and DoorDash all taking major hits. Analysts have lowered price targets on many.

Last Week&#39;s Worst-Performing Stocks: Are These 15 Large-Cap Stocks In Your Portfolio? (April 28-May 4, 2024)

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Investor apprehension grips Wall Street with major indices showing midday losses on Tuesday in New York trading, ahead of the Federal Reserve’s potentially hawkish pivot in Wednesday’s meeting. 

Stocks Dive On Fears Of Hawkish Fed; Treasury Yields Rise, Bitcoin Tumbles To $60,000: What&#39;s Driving Markets Tuesday?

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Why H&amp;E Equipment Services Shares Are Trading Lower By Around 18%? Here Are Other Stocks Moving In Tuesday&#39;s Mid-Day Session

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GE Healthcare reports first-quarter sales of $4.6 billion, with net income of $374 million. Imaging and ultrasound segment revenues down, but pharmaceutical diagnostics up. Despite challenges in China, CEO remains optimistic, reaffirming guidance for 2024.

GE HealthCare&#39;s Q1 Earnings Miss Wall Street Projections, But  It Sticks To Annual Guidance

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U.S. stocks appear to be on the back foot early on Tuesday, with index futures trading modestly lower in early pre-market activity.

Wall Street On Edge Ahead Of Fed Decision, Spotlight Falls On Amazon And AMD Earnings: Analyst Says Stocks Survive &#39;Fragility Test&#39; As April Ends

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With the earnings season now halfway through, the percentage of S&amp;P 500 companies reporting positive earnings surprises and the magnitude of earnings surprises were above their 10-year averages.

Will Earnings Cheer Continue To Buoy Markets? Apple, Amazon, Pfizer, Coinbase Lead Flurry Of Q1 Reports This Week

GE HealthCare Technologies Inc. - Common Stock

GE HealthCare Technologies Inc

These ten large-cap stocks were the worst performers in the last week. Are they in your portfolio?
<ol></ol>
<ol>
<li>Walgreens Boots Alliance, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NASDAQ">WBA</a>) shares tumbled 24.12% after the company reported mixed Q3 earnings and lowered 2024 guidance <a href="https://www.benzinga.com//node/39523397" target="_blank" rel="noreferrer noopener">below consensus estimates</a>. Analysts cut the price <a href="https://www.benzinga.com/quote/wba/analyst-ratings" target="_blank" rel="noreferrer noopener">forecasts on the stock</a>.</li>
<li>Floor &amp; Decor Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FND#NYSE">FND</a>) shares lost 13.41%, possibly in reaction to worse-than-expected May Pending Home Sales economic data.  </li>
<li>Moderna, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>) shares fell 11.76% after the company&#8217;s RSV vaccine <a href="https://www.benzinga.com//node/39508239" target="_blank" rel="noreferrer noopener">showed 50% efficacy</a>.</li>
<li>Birkenstock Holding Plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BIRK#NYSE">BIRK</a>) stock declined 10.86% after the company announced an offering of up to 14 million ordinary <a href="https://www.benzinga.com//node/39467369" target="_blank" rel="noreferrer noopener">shares by a selling shareholder</a>.</li>
<li>BeiGene, Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BGNE#NASDAQ">BGNE</a>) shares went down by 9.70% in the last week.</li>
<li>Pool Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POOL#NASDAQ">POOL</a>) stock fell 9.19% after the company after the company <a href="https://www.benzinga.com//node/39484866" target="_blank" rel="noreferrer noopener">cut its FY24 EPS guidance</a>.</li>
<li>JD.Com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) stock fell 8.89% after the U.S. unveiled rules to curb <a href="https://www.benzinga.com//node/39521291" target="_blank" rel="noreferrer noopener">investments in Chinese technology</a>.</li>
<li>Ecopetrol (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EC#NYSE">EC</a>) stock dived 8.02%</li>
<li>International Paper Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IP#NYSE">IP</a>) shares declined 7.98% after Suzano SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUZ#NYSE">SUZ</a>) said it would not pursue the <a href="https://www.benzinga.com//node/39519611" target="_blank" rel="noreferrer noopener">acquisition transaction</a>.</li>
<li>Micron Technology Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) stock lost 7.62% last week following <a href="https://www.benzinga.com//node/39520174" target="_blank" rel="noreferrer noopener">Q3 earnings and a Q4 outlook</a>.</li>
</ol>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/large-cap/24/06/39565519/rivian-automotive-and-carvana-were-among-the-10-biggest-large-cap-gainers-last-week-june-23-june-2">Rivian Automotive And Carvana Were Among The 10 Biggest Large Cap Gainers Last Week (June 23-June 29): Are These In Your Portfolio?</a></li>
</ul>
Photo by Lutsenko_Oleksandr on Shutterstock

APTV

BGNE

BIRK

MRNA

POOL

Moderna And Walgreens Boots Alliance Were Among The 10 Biggest Large Cap Losers Last Week (June 23 - June 29): Are These In Your Portfolio?

In the ongoing battle over Florida&#8217;s constitutional amendments to <a href="https://www.benzinga.com/markets/cannabis/24/04/38034138/florida-supreme-court-approves-cannabis-legalization-proposal-for-november-election-in-blow-to-d" target="_blank" rel="noreferrer noopener">legalize recreational marijuana</a> and access to abortion, Governor <a href="https://www.benzinga.com/topic/ron-desantis">Ron DeSantis</a> is facing a huge fundraising disadvantage. His <a href="https://www.benzinga.com/markets/cannabis/24/06/39279951/desantis-new-freedom-fund-has-2-stated-goals-defeat-cannabis-legalization-and-abortion-amendment">recently created</a> Florida Freedom Fund, with the stated goal of defeating these two amendments has raised a meager $10,000 — an amount that pales in comparison to the millions amassed by proponents of the <a href="https://www.benzinga.com/markets/cannabis/24/04/38034138/florida-supreme-court-approves-cannabis-legalization-proposal-for-november-election-in-blow-to-d">cannabis amendment</a>.  
<a href="https://www.benzinga.com/markets/cannabis/24/04/38313915/cannabis-in-florida-the-bellamy-brothers-tell-trulieve-ceo-we-rolled-a-fat-one-when-legalization" target="_blank" rel="noreferrer noopener">Smart &amp; Safe Florida</a>, the committee leading the initiative, which is the best-funded cannabis legalization amendment in American history, reported it had has raised over <a href="https://www.benzinga.com/markets/cannabis/24/06/39455304/desantis-fierce-opposition-notwithstanding-floridas-cannabis-legalization-amendment-shatters-all">$60 million</a>, according to June 10 campaign filings. DeSantis' Freedom Fund reported having raised $10,000 in the five weeks of fundraising activity ending June 21, <a href="https://floridapolitics.com/archives/682069-ron-desantis-florida-freedom-fund-off-to-slow-fundraising-start/">according</a> to Florida Politics. Both amendments will be decided in the <a href="https://www.benzinga.com/topic/2024-election">November 2024 elections</a>. Florida-based <a href="https://www.benzinga.com/markets/cannabis/23/10/35206042/trulieve-donates-500k-to-floridas-marijuana-legalization-ballot-initiative">Trulieve</a> (OTCQX:<a class="ticker" href="https://www.benzinga.com/stock/TCNNF#OTCQX">TCNNF</a>) has reportedly spent more than $40 million to get the measure on the ballot.
As part of DeSantis&#8217; criticism of the cannabis legalization initiative, known as Amendment 3, he has called legal marijuana a gateway to turning Florida into cities like San Francisco or Chicago, reeking of weed smoke with people consuming wherever and whenever they choose. He <a href="https://www.benzinga.com/markets/cannabis/24/06/39311053/desantis-blasts-cannabis-legalization-amendment-says-people-will-be-able-to-bring-20-joints-to-a">said</a> at a mid-June press event that, if legalized in Florida, people will &#8220;be able to bring what, 20 joints to an elementary school.&#8221;
"We are working with a lot of stakeholders who are interested in making sure that we defeat Amendment 3, which would basically do marijuana, wherever you want, just smoke it, take it. And it would turn Florida into San Francisco, or Chicago, or some of these places," DeSantis <a href="https://www.benzinga.com/markets/cannabis/24/06/39492507/desantis-says-cannabis-legalization-amendment-will-protect-weed-rights-better-than-1st-2nd-amend">said</a>. "We already have medical marijuana, it's out there. But we got to keep our streets clean, we cannot have every town smelling like marijuana."
This is despite a recent&nbsp;<a href="https://www.benzinga.com/markets/cannabis/24/06/39261393/trump-holds-4-point-edge-over-biden-in-florida-rematch-can-cannabis-tilt-the-scale-as-majority-s" target="_blank" rel="noreferrer noopener">Fox News poll</a>&nbsp;showing that 69% of Floridians support the abortion-access initiative and 66% favor legalizing adult-use cannabis.
Related: <a href="https://www.benzinga.com/markets/cannabis/24/06/39492507/desantis-says-cannabis-legalization-amendment-will-protect-weed-rights-better-than-1st-2nd-amend">DeSantis Says Cannabis Legalization Amendment Will Protect Weed Rights Better Than 1st, 2nd Amendments Protect Free Speech, Gun Rights</a>
<h2 class="wp-block-heading">Speaking Of Money</h2>
At a&nbsp;roundtable in mid-June, <a href="https://www.benzinga.com/markets/cannabis/24/06/39346531/desantis-cant-get-past-the-odor-of-weed-to-smell-the-flowers-specifically-430m-annually-in-canna">Safe &amp; Smart quoted economists</a> who estimate that legalizing marijuana could generate between $195 million and $431 million annually in sales tax revenue, providing a significant boost to the state's economy. Florida is not unique either. Other legal&nbsp;<a href="https://www.benzinga.com/markets/cannabis/24/05/38712820/legal-cannabis-states-raked-in-20b-since-2014-peaking-at-4b-in-2023-new-report-shows" target="_blank" rel="noreferrer noopener">weed states are doing it</a>&nbsp;to the tune of&nbsp;$20 billion in tax revenue.
Photo: Shutterstock

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DeSantis' Anti-Cannabis 'Florida Freedom Fund' Raises Barely A Fraction Of Legalization Committee's $60M

In a tweet on Sunday, Tesla CEO Elon Musk expressed criticism over the Democratic Party&#8217;s continued support for President Joe Biden, <a href="https://www.benzinga.com/news/24/06/39563864/these-are-the-top-democratic-contenders-who-could-succeed-biden-if-president-were-to-bow-out-of">likening him to a &#8220;pincushion.&#8221;</a>
What Happened: On Sunday, Musk took to social media platform X to share his thoughts on the current presidential race.
He retweeted a post by The New Yorker, which contained a link to an article by the publication&#8217;s editor, David Remnick, criticizing Biden&#8217;s insistence on remaining the Democratic candidate.
Musk added his own commentary, stating, &#8220;Even Remnick is knifing Biden! There are so many Dem knives in Biden's back right now, he's basically a pincushion.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Even Remnick is knifing Biden! There are so many Dem knives in Biden's back right now, he's basically a pincushion.
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1807341009161908408?ref_src=twsrc%5Etfw">June 30, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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The tweet came amidst growing criticism of Biden within his own party, with Musk&#8217;s comments highlighting the increasing dissent.
Also Read: <a href="https://www.benzinga.com/news/24/06/39565047/outside-last-weeks-debate-trump-gained-momentum-with-two-major-developments-for-better-or-worse">Outside Last Week&#8217;s Debate, Trump Gained Momentum With Two Major Supreme Court Developments — For Better Or Worse</a>
The billionaire entrepreneur also shared his thoughts on a tweet by Tucker Carlson about the president. Carlson&#8217;s tweet, which featured a video of him addressing an audience and was posted on Saturday, touched on the president&#8217;s perceived dementia &#8220;as seen from 10,000 miles away.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Makes a good point about democracy <a href="https://t.co/qQ23BhgVjj">https://t.co/qQ23BhgVjj</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1807342765795156100?ref_src=twsrc%5Etfw">June 30, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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Musk responded to Carlson by stating that the video &#8220;makes a good point about democracy.&#8221; 
Why It Matters: Musk&#8217;s tweet underscores the growing divide within the Democratic party over Biden&#8217;s leadership. The Tesla CEO&#8217;s comments reflect the sentiments of many within the party who believe that Biden&#8217;s continued candidacy could be detrimental to the party&#8217;s chances in the upcoming elections.
Furthermore, Musk&#8217;s criticism of Biden could potentially influence public opinion and further intensify the ongoing debate within the party.
Now Read: <a href="https://www.benzinga.com/news/24/06/39563725/biden-widely-criticized-over-debate-performance-but-poll-also-points-to-concerning-signs-for-trump">Biden Widely Criticized Over Debate Performance, But Poll Also Points To Concerning Signs For Trump</a>
This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo: Shutterstock

Elon Musk Calls Out New Yorker Piece Criticizing Joe Biden: 'So Many Dem Knives In Biden's Back Right Now, He's Basically A Pincushion'

In the aftermath of the recent presidential debate, former President Donald Trump declared himself the victor while also criticizing <a href="https://www.benzinga.com/news/24/06/39124499/following-trumps-guilty-verdict-legal-experts-say-he-could-face-this-punishment-instead-of-prison-ti">President Joe Biden&#8216;s performance.</a>
What Happened: Trump took to his Truth Social platform on Saturday, proclaiming his debate performance as the &#8220;greatest in the long and storied history of Presidential Debates.&#8221;
In the <a href="https://truthsocial.com/@realDonaldTrump/posts/112699808723090795">post</a>, he expressed disappointment that the spotlight had shifted to Biden&#8217;s lackluster performance rather than his own triumph.
"As I walked off the stage on Thursday night, at the end of the highly anticipated &#8216;Debate,&#8217; anchors, political reporters and all screamed that I had had the greatest debate performance in the long and storied history of Presidential Debates," Trump posted. "They all said, effectively, &#8216;Trump was fantastic!&#8217;"
"But by Friday evening it was all about the poor performance of Crooked Joe, and not so much about how well I did. Oh well, that's the way it is but, importantly, the result is the same!!!"
Also Read:&nbsp;<a href="https://www.benzinga.com/news/24/06/39563576/following-debate-latest-poll-among-democrats-signals-major-trouble-for-joe-biden-although-theres-one" target="_blank" rel="noreferrer noopener">Following Debate, Latest Poll Among Democrats Signals Major Trouble For Joe Biden — Although There's One Silver Lining</a>
At a Virginia rally on Friday, Trump lambasted Biden, dubbing him a &#8220;stupid, stupid, stupid man.&#8221; Despite Biden securing his preferred network and debate rules, Trump asserted that &#8220;no amount of rest or rigging&#8221; could aid him on stage.
Biden&#8217;s performance, characterized by blank stares, stumbling over words, and a lack of energy, has raised concerns among Democrats. Calls for Biden to step aside have spread across both parties, but the White House and Biden&#8217;s campaigns have resisted these requests.
Why It Matters: Trump&#8217;s declaration of victory comes on the heels of a series of political successes. Despite facing criticism for his own debate performance, Trump capitalized on Biden's apparent memory lapses and strained voice, which have raised concerns <a href="https://www.benzinga.com/news/24/06/39565047/outside-last-weeks-debate-trump-gained-momentum-with-two-major-developments-for-better-or-worse">about the 81-year-old president's health</a>. 
Trump's sharp retorts during the debate have caused unease among Democrats.
Christian Grose, a professor of political science and public policy at the University of Southern California, stated, "Trump is benefiting only in the sense that Biden did not benefit."
Now Read: <a href="https://www.benzinga.com/news/24/06/39563725/biden-widely-criticized-over-debate-performance-but-poll-also-points-to-concerning-signs-for-trump">Biden Widely Criticized Over Debate Performance, But Poll Also Points To Concerning Signs For Trump</a>
This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Trump Laments Lack Of Attention Paid To 'The Greatest Debate Performance' He Gave: 'It's All About The Poor Performance Of Crooked Joe, And Not So Much About How Well I Did'

Wild Forest, a web3 real-time strategy game, has taken the gaming world by storm. In an exclusive interview, Artem Naseniuk, lead developer at Zillion Whales, shared insights about the game&#39;s development, unique features, and future plans.
<h3>A Vision for Innovation</h3>
Artem Naseniuk explained that Wild Forest began as a web2 game, inspired by the team&rsquo;s passion for strategy games like &quot;Warcraft 3.&quot;
&quot;Our team are big fans of strategy games, and we&#39;ve been building them since 2013,&quot; Naseniuk said.
However, the team saw the potential for greater innovation within the web3 space, prompting the transition.
<h3>Transition to Web3 and Ronin Network</h3>
The decision to move to blockchain was influenced by the stagnation in the web2 gaming market.
&quot;The top charts don&#39;t change much, and it became more like marketing budgets dominating the scene,&quot; Naseniuk noted. Wild Forest chose the Ronin&nbsp;network (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">RON</a>) for its technical sophistication and supportive community.
&quot;Ronin is beautifully done, technically sophisticated, and probably one of the best from a technological standpoint,&quot; Naseniuk said.
dditionally, the Ronin community stood out for its support and connectivity.
&quot;They are very supportive, and it&#39;s a pure pleasure to interact with them. We do a lot of Community Driven development with them,&quot; he added.
<h3>The Power of NFTs</h3>
Recently, Wild Forest released a powerful NFT collection called the Lords, which sold $1 million worth of NFTs in under one minute.
&quot;We didn&#39;t expect it to sell out in 25 seconds,&quot; Naseniuk admitted.
The NFT collection of the Lords provides early adopters with multiple benefits and forms a core part of the game&#39;s community and lore. The community response was overwhelming, leading to an additional million dollars in secondary market trading within days.
&quot;The community is super active, and we still occupy the top charts in the market,&quot; Naseniuk said.
<h3>Community Engagement</h3>
Building a strong community is a central part of Wild Forest&rsquo;s strategy. Naseniuk emphasized the importance of creating a great user experience and involving the community in development.
&quot;Most of our marketing activities are organic. We didn&#39;t spend any money on marketing to this day,&quot; he said.
This organic growth is a testament to the game&rsquo;s quality and the dedication of its community. The company focuses on creating systems that are beneficial and easy to use for content creators and gamers alike, ensuring a supportive and engaged community.
<h3>Future Plans and Token Launch</h3>
Wild Forest&rsquo;s economy is designed around a token, which will play a crucial role in the game&#39;s ecosystem.
&quot;Our token is the core element of the gameplay,&quot; Naseniuk explained.
The game&rsquo;s official launch on July 1&nbsp;will introduce game units as NFTs, and a token release is planned for the future.
&quot;Players need to invest in the game to yield rewards, and the more they invest, the more rewards they get,&quot; Naseniuk noted. This model aims to eliminate extractor behavior by encouraging players to reinvest their time or money into the ecosystem, creating a balanced economy.
&quot;We hope to build a sustainable model and become one of the first to succeed in this area,&quot; he added.
<h3>Upcoming Announcements</h3>
Naseniuk shared an exciting upcoming campaign: &quot;We&#39;re launching a Plato drop season, which will last four weeks, giving away two and a half percent of our total tokens.&quot;
This campaign aims to onboard more players and further integrate the community into the game&rsquo;s ecosystem. Additionally, players will have the opportunity to trade game units as NFTs, allowing them to earn benefits and share the experience of a great game.
&quot;We expect to see at least 100,000 participants in this season,&quot; Naseniuk said, highlighting the anticipated growth and engagement of the community.
<h3>Closing Remarks</h3>
Naseniuk concluded with a message to the community: &quot;We have a lot of things they will definitely like, and we would love to welcome all players.&quot;
With a focus on innovation, community, and player ownership, Wild Forest is set to redefine the landscape of web3 gaming.
Image courtesy of Wild Forest

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$RON

Exclusive: This Web3 Game Sold $1M In NFTs Under 1 Minute

A report from Goldman Sachs has raised doubts about the potential return on investments in artificial intelligence (AI) by tech companies.
What Happened: According to the report, companies are projected to invest over $1 trillion in AI. However, Goldman Sachs&#8217; report expresses apprehension about the returns on this colossal investment.
The <a href="https://www.goldmansachs.com/intelligence/pages/gs-research/gen-ai-too-much-spend-too-little-benefit/report.pdf">report</a> underscores the high costs associated with AI technology, including data centers, power grids, and AI chips, and questions whether these costs can be justified by the returns.
&#8220;AI technology is exceptionally expensive, and to justify those costs, the technology must be able to solve complex problems, which it isn&#8217;t designed to do,&#8221; Jim Covello, the head of global equity research at Goldman Sachs, said in the report.
Covello also criticized the tech industry&#8217;s assumption that AI costs will significantly decline over time. He mentioned Google&#8217;s decision to reduce its AI usage in search after its bot began making strange suggestions as an example.
&#8220;The starting point for costs is also so high that even if costs decline, they would have to do so dramatically to make automating tasks with AI affordable,&#8221; Covello added. &#8220;In our experience, even basic summarization tasks often yield illegible and nonsensical results.&#8221;
Also Read:&nbsp;<a href="https://www.benzinga.com/news/24/06/39432776/nvidia-ceo-jensen-huang-recalls-billions-of-dollars-of-investments-in-deep-learning-and-the-philosop?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Nvidia CEO Jensen Huang Recalls Billions Of Dollars Of Investments In Deep Learning</a>
Despite Covello&#8217;s skepticism, other experts quoted in the report were more optimistic. 
&#8220;The technology&#8217;s cost equation will change, just as it always has in the past,&#8221; said Kash Rangan, a senior equity research analyst at Goldman Sachs. 
Eric Sheridan, another senior analyst with the firm, compared the initial reactions to AI with those to the iPhone and Uber, predicting a similar acceptance over time.
&#8220;People didn&#8217;t think they needed smartphones, Uber, or Airbnb before they existed. But today it seems unthinkable that people ever resisted such technological progress. And that will almost certainly prove true for generative AI technology as well,&#8221; Sheridan said.
Why It Matters: The concerns raised by Goldman Sachs come at a time when tech companies are aggressively pursuing AI advancements. 
For instance, Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) is reportedly in talks with Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) to integrate Meta's generative AI model into Apple's new AI system, Apple Intelligence. This move is part of Apple&#8217;s broader <a href="https://www.benzinga.com/news/24/06/39447797/apple-eyes-meta-for-potentially-game-changing-ai-partnership-report">strategy to catch up in the AI race</a>.
Apple, a late entrant to the generative AI field, has developed its own smaller AI models. However, for more complex or specific tasks, it is seeking partnerships with other companies. 
The company&#8217;s focus on AI underscores the importance of this technology, despite the concerns raised by Goldman Sachs.
Now Read: <a href="https://www.benzinga.com/news/24/05/39020980/elon-musk-reveals-the-biggest-benefit-of-ai-replacing-human-jobs-in-a-benign-scenario">Elon Musk Reveals The Biggest Benefit Of AI Replacing Human Jobs: &#8216;In A Benign Scenario &#8230;&#8217;</a>
This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo: Shutterstock

Goldman Sachs Casts Doubt On 'Exceptionally Expensive' AI Investments By Tech Companies

At the recent 30/50 Summit in Abu Dhabi, <a href="https://www.benzinga.com/personal-finance/24/06/39362361/suze-orman-tells-caller-investing-500-per-month-from-early-social-security-would-be-the-most-rid">Suze Orman</a> sat down with Mika from MSNBC to discuss the current state of the U.S. economy and the financial worries that keep her up at night. Their conversation highlighted the stark contrast between the overall economy&#8217;s health and many individuals&#8217; financial struggles.
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When Mika asked Orman about her concerns regarding the economy at the beginning of the year and now, Orman's response was candid. &#8220;I&#8217;m always concerned about those that don&#8217;t have money,&#8221; she said. Despite reports that inflation has calmed down, she emphasized that many people still struggle to afford basic necessities. "The rents people are paying, the prices they're paying for real estate, their homes, that concerns me."
Orman acknowledged that, on the surface, the economy appears to be doing well. &#8220;It seems like we're doing alright. It seems unemployment's alright, the markets are over the top great, and it's kind of settled in,&#8221; she noted. However, she stressed that this positive outlook on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39420979/us-economy-in-state-of-unstable-equilibrium-study-finds">overall economy</a> doesn&#8217;t reflect the reality for many individuals.
Mika pointed out the seeming contradiction in economic indicators. "Leading indicators look good. But it is expensive at the grocery store and hard to get a home."
Orman agreed, highlighting the distinction between the overall economy and individual financial situations. "On an individual level, I think people are not doing okay. I do not. Over 50% of the people in the United States don't have $400 for an emergency savings account," she said.
Trending: This Jeff Bezos-backed startup will allow you to<a href="https://www.benzinga.com/money/bezos-landlord-100-dollars"> become a landlord in just 10 minutes, and you only need $100</a>.
Orman elaborated on the challenges faced by individuals. Without sufficient savings, unexpected expenses, like a car repair, often lead to increased debt. "They have to go and put it on a credit card and pay the minimum payment, and then the cycle of debt begins," she explained.
While the overall economic indicators might look promising, Orman believes they fail to capture the average person&#8217;s financial struggles. "When you look at people's individual situation, in my opinion, they're still struggling."
When asked about the economic concerns that keep her up at night, Orman pointed to geopolitical issues rather than domestic financial instability. "What keeps me up at night are the wars. What's happening in Israel, Gaza, Ukraine and Russia? We are now a global economy," she said. Orman explained that global conflicts have far-reaching effects on the economy, as resources are diverted to combat and defense, impacting global trade and economic stability.
Mika inquired whether these global worries should influence individual <a href="https://www.benzinga.com/money/what-is-financial-planning">financial planning</a>. Orman stressed the importance of staying informed. "I think they should absolutely be knowledgeable about it. And I think if you're just not worried because you don't want to know about it, now you're also asking for trouble on a personal level."
Suze Orman's insights at the 30/50 Summit underscore a critical message: While the macroeconomic indicators might paint a rosy picture, many individuals continue to face significant financial challenges. Her advice is clear — stay informed, be prepared, and understand that the economy&#8217;s overall health does not necessarily reflect the economic well-being of the average person.
Given these complexities, consulting a <a href="https://www.benzinga.com/money/best-online-financial-advisors">financial advisor</a> can be invaluable. A professional can provide personalized guidance, help you navigate economic uncertainties, and create a robust financial plan tailored to your needs. As we navigate these uncertain times, taking proactive steps with the help of an expert can make a significant difference in achieving financial stability and peace of mind.
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Personal Finance

Suze Orman Breaks On The Overall Economy Vs An Individual Economy — Says 'On An Individual Level, I Don't Think People Are Doing OK'

Paul Krugman, an authority in economics and Noble Prize winner, commented on Friday&#8217;s<a href="https://www.benzinga.com/economics/macro-economic-events/24/06/39547288/feds-preferred-inflation-gauge-falls-to-lowest-level-since-november-2021-relieves"> inflation data that showed a further easing in pricing pressure, </a>prompting an increase in the odds of rate cuts.
Inflation War Won? &#8220;Inflation looks beaten,&#8221; said Krugman in a post on X, formerly Twitter. The Bureau of Economic Analysis&#8217; personal income and spending report released on Friday showed that the annual rate of the personal consumption expenditure index (PCEI) came in 2.6%, marking the lowest level since March 2021. The metric is considered the Fed&#8217;s favorite inflation gauge.
Sharing a chart of the annual rates of PCEI and the core PCEI, Krugman said, &#8220;The blip a few months ago looks like start-of-year price resets, and what's left is lagged housing costs.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">In other news, inflation looks beaten. The blip a few months ago looks like start-of-year price resets, and what's left is lagged housing costs <a href="https://t.co/OsBPCPC2vo">pic.twitter.com/OsBPCPC2vo</a>
&mdash; Paul Krugman (@paulkrugman) <a href="https://twitter.com/paulkrugman/status/1806724684584550764?ref_src=twsrc%5Etfw">June 28, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/money/best-inflation-stocks">Best Inflation Stocks</a>
Why It&#8217;s Important: Consumer price inflation rose to a high of 9%+ in the summer of 2022 and has been trending broadly downward. The CPI, which was at 3.1% at the start of this year, jumped slightly to 3.5% in March and fell to 3.4% in April. Krugman attributed the spike seen earlier this year to &#8220;start-of-year price resets.&#8221;
One significant factor keeping the CPI inflation above the Federal Reserve&#8217;s 2% threshold is shelter costs. Home prices are not included in inflation calculations because they are considered an investment by the Bureau of Labor Statistics. However, the CPI does include rents and &#8220;owners&#8217; equivalent rents,&#8221; which estimate the amount a homeowner might charge if they rented out their own home.
Shelter costs accounts for 30-40% of the CPI.
The BLS collects data for calculating the CPI every month, but the rent included is the amount negotiated at the start of the lease, which may have been set well before that particular month. Therefore, economists often regard this number as a lagging indicator.
The inflation number is particularly important, as the Federal Reserve has maintained the Fed funds rate at a 22-year high. A reduction in interest rates could kickstart growth and have a cyclical effect on the economy.
For the stock market, which is rallying due to a sharp spike in shares of select stocks tied to artificial intelligence technology, a rate cut could mean additional gains. Lowering rates is seen as a positive for interest-rate-sensitive companies, potentially leading to a rise in stock prices and a broadening of the rally.
That said, inflation truthers such as Peter Schiff have warned that <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38840668/gold-bull-peter-schiff-says-inflation-headed-far-higher-as-powell-refuses-to-acknow">inflationary pressure will reignite in the near- to medium-term.</a>
The iShares TIPS Bond ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TIP#NYSE">TIP</a>), an ETF tracking the investment results of an index composed of inflation-protected U.S. Treasury bonds, ended Friday&#8217;s session down 0.31% at $106.78, according to <a href="https://benzinga.grsm.io/lxquj26b2sag">Benzinga Pro data.</a>
Read Next: <a href="https://www.benzinga.com/top-stories/24/06/39552559/inflation-data-shows-fed-policy-is-working-daly-says">Inflation Data Shows Fed Policy Is &#8216;Working&#8217;, Daly Says</a>
Photo: Shutterstock

Analyst Color

Prominent Economist Paul Krugman Says 'Inflation Beaten,' Underlines This As Reason For Sticky Pricing Pressure

&ldquo;My journey into the world of cannabinoids began as a way to find some balance in the chaos of my life,&rdquo; says Travis Barker in an exclusive interview. Not only did Barker charge forward as the powerhouse behind the drums in Blink-182, but he also nurtured his relationship with cannabis along the way.
&ldquo;From the intense workouts in boxing and Muay Thai to touring and drumming with Blink-182, it&#39;s been a crazy ride,&rdquo; he continues. &ldquo;Cannabis, especially edibles, became my go-to for recovery and finding a peaceful state of mind.&rdquo;
As Barker aged and evolved within the ever-high-energy world of touring, his use of cannabis became more nuanced, as he started to use it to foster creativity and increase general well-being. &ldquo;Back in the day, it was about partying and having a good time, but it&#39;s evolved into not just getting high but having cannabis work for me functionally both mentally and physically to align with the lifestyle that I&rsquo;ve chosen,&rdquo; he elaborates. &ldquo;Today, my relationship with cannabis is much more sophisticated. It&#39;s about finding a balance that enhances creativity, promotes well-being and highlights positive vibes.&rdquo;
This journey is where Barker Canna Co., a business that started as a wellness venture and is now expanding into the cannabis space, &ldquo;seeking to bridge the gap of quality and affordability,&rdquo; comes into play, the musician explains. For him, it&rsquo;s all about sharing what he&rsquo;s &ldquo;learned and experienced with the world (quality, balance and good vibes) [about] sparking inspiration and self-expression.&rdquo; More on this, later on.
<h2>&lsquo;More Than You Know&rsquo;: Barker&rsquo;s Deep Connection With The Plant</h2>
In early 2023, after sustaining a serious injury to his finger, not once but twice, during tour rehearsals, Barker underwent surgery to address the issue. The procedure, crucial for his ability to continue playing drums, involved repairing a torn ligament in his finger. This medical intervention marked a turning point in his approach to pain management and recovery.
Barker&rsquo;s life experience made him a staunch advocate for cannabis legalization. &ldquo;It&#39;s time to have a real talk about cannabis,&rdquo; he voices. &ldquo;We must let go of outdated stigmas that have existed for too long. Cannabis leads to freedom, creative exploration and medical benefits, and it should not be looked upon as forbidden. We have come a long way in understanding the potential of cannabis, and it&#39;s about time our laws and research funding catch up. It&#39;s not about getting high, it&#39;s about finding relief.&rdquo;
<img alt="Travis Barker" src="https://imageio.forbes.com/specials-images/imageserve/65c26116a8d237d252c28779/Travis-Barker/960x0.jpg?format=jpg&amp;width=1440" style="height:450px; width:368px" />
<a href="https://elplanteo.com/travis-barker-blink-182/">Travis Barker</a>. DANIEL ROAJS
Addressing the &ldquo;racial disparities the War on Drugs has caused,&rdquo; the artist summons people to think about it in depth. &ldquo;It is time for the cannabis industry and society to acknowledge the impact and take steps to rectify these disparities,&rdquo; he declares.
The first thing we need to do, in his view, is create more opportunities to those most affected by the War on Drugs. &ldquo;We need to focus on fostering inclusivity and providing measures for education and employment within the cannabis industry. We also need to shift the narrative around cannabis. Instead of seeing it through the lens of harm, let us focus on its potential for good,&rdquo; he asserts.
And he adds: &ldquo;Let&#39;s open up the doors and create a space where people can make educated choices about cannabis, whether it&#39;s for medical reasons or to enhance their overall well-being.&rdquo;
As Barker maps out the future of cannabis legislation, he remains optimistic about its potential for societal change. &ldquo;I foresee a progressive shift in cannabis legislation globally,&quot; he anticipates, suggesting an impending federal legalization in the U.S. and increasing global acceptance.
His love of music also plays a part in this narrative. In fact, Barker believes that legalization &ldquo;will likely have a profound impact on the music industry.&rdquo; As he explains, cannabis has long been intertwined with musical creativity and inspiration. &ldquo;As legalization progresses, we anticipate more artists incorporating cannabis culture into their brands and projects, fostering a new era of collaboration and artistic expression.&rdquo;
And this rings true. Artists from Jay-Z,<a href="https://www.forbes.com/sites/javierhasse/2023/12/19/snoop-dogg-talks-new-cannabis-beverage-line-not-everyone-wants-to-smoke-or-vape-to-get-high-drinking-is-familiar/?sh=3362289c356f" target="_self" title="https://www.forbes.com/sites/javierhasse/2023/12/19/snoop-dogg-talks-new-cannabis-beverage-line-not-everyone-wants-to-smoke-or-vape-to-get-high-drinking-is-familiar/?sh=3362289c356f">&nbsp;Snoop Dogg</a>,<a href="https://www.forbes.com/sites/javierhasse/2023/04/11/rick-ross-reveals-his-new-cannabis-strain-it-makes-you-feel-good-relaxed-like-a-boss/" target="_self" title="https://www.forbes.com/sites/javierhasse/2023/04/11/rick-ross-reveals-his-new-cannabis-strain-it-makes-you-feel-good-relaxed-like-a-boss/">&nbsp;Rick Ross</a>&nbsp;and<a href="https://www.forbes.com/sites/javierhasse/2020/09/16/berner/?sh=62b28b03541d" target="_self" title="https://www.forbes.com/sites/javierhasse/2020/09/16/berner/?sh=62b28b03541d">&nbsp;Berner</a>, to<a href="https://elplanteo.com/carlos-santana-marihuana-espiritualidad-musica/" rel="nofollow noopener noreferrer" target="_blank" title="https://elplanteo.com/carlos-santana-marihuana-espiritualidad-musica/">&nbsp;Carlos Santana</a>, Willie Nelson and<a href="https://www.forbes.com/sites/javierhasse/2023/09/19/method-man-talks-weed-we-are-the-american-dream-from-getting-locked-up-to-being-a-proprietor/" target="_self" title="https://www.forbes.com/sites/javierhasse/2023/09/19/method-man-talks-weed-we-are-the-american-dream-from-getting-locked-up-to-being-a-proprietor/">&nbsp;Method Man</a>, have not only overtly supported legalization over the years, but have also launched weed brands of their own. And the same trend can be seen all over the world, as evidenced by these<a href="https://www.forbes.com/sites/javierhasse/2023/08/04/9-latin-musicians-with-their-own-cannabis-brands/" target="_self" title="https://www.forbes.com/sites/javierhasse/2023/08/04/9-latin-musicians-with-their-own-cannabis-brands/">&nbsp;9 Latinx musicians who have also released cannabis-related brands</a>.
<h3>Forget &lsquo;Dumpweed&rsquo;: The Inception Of Barker Canna Co.</h3>
Barker&rsquo;s evolution within the cannabis world mirrors that of the burgeoning U.S. market, which boasted&nbsp;<a href="https://www.grandviewresearch.com/industry-analysis/us-cannabis-market" rel="nofollow noopener noreferrer" target="_blank" title="https://www.grandviewresearch.com/industry-analysis/us-cannabis-market">estimated</a>&nbsp;sales of $13.2 billion in 2022 and $15.8 billion in 2023, generating an economic impact of<a href="https://mjbizdaily.com/cannabis-industry-will-add-100-billion-to-us-economy-in-2023" rel="nofollow noopener noreferrer" target="_blank" title="https://mjbizdaily.com/cannabis-industry-will-add-100-billion-to-us-economy-in-2023">&nbsp;more than $100 billion</a>&nbsp;per year. Barker&#39;s venture thus aligns with an industry at the forefront of reshaping societal perspectives on wellness, creativity and economic development.
<img alt="Barker Canna Co." src="https://imageio.forbes.com/specials-images/imageserve/65c26176add86e9b3033c1b0/Barker-Canna-Co-/960x0.png?format=png&amp;width=1440" style="height:450px; width:318px" />
Barker Canna Co. BARKER CANNA CO.
Drawing on his experiences in music, Barker sees parallels in his approach to the cannabis business. &ldquo;The world of music has taught me a lot about creativity, pushing boundaries and connecting with people,&rdquo; he says. This philosophy is evident in Barker Canna Co.&#39;s commitment to creating an experience that transcends the product, fostering a deep connection with the community.
&ldquo;The intersection of the rock music scene and cannabis culture is undeniable,&rdquo; he goes on. &ldquo;Both embody rebellion, creativity, and a sense of individuality. Barker Canna Co. embraces this synergy by creating products that reflect the free-spirited essence of the rock scene, offering a unique and authentic experience for cannabis enthusiasts who share our passion for music and self-expression.&rdquo;
In this sense, &ldquo;Barker Canna Co. is [meant for] adults looking for a mindful and balanced cannabis experience... For consumers [who] appreciate quality and are open to exploring the benefits of cannabis at a price point that is accessible to all.&rdquo;
Barker also discusses the innovative approaches Barker Canna Co. is taking with its product line. &ldquo;We&#39;re exploring unique formulations, delivery methods, and product experiences&hellip; promoting cannabis as a holistic tool for relaxation, creativity, and overall well-being,&rdquo; he states, underlining his commitment to elevating the cannabis experience.
<img alt="Barker Canna Co." src="https://imageio.forbes.com/specials-images/imageserve/65c2618eadd86e9b3033c1b2/Barker-Canna-Co-/960x0.png?format=png&amp;width=1440" style="height:450px; width:296px" />
Barker Canna Co. BARKER CANNA CO.
Over time, Barker plans to take the brand abroad, reaching an international audience through &ldquo;strategic partnerships and a phased approach.&rdquo; Collaborating with other musicians and exploring the &ldquo;potential to merge creative energies&rdquo; is not off the table either, he adds.
As he reflects on prior experiences, Barker explains how key learnings from other ventures, especially in the lifestyle and entertainment industry, &ldquo;have been instrumental in shaping Barker Canna Co.&rdquo; He emphasizes the importance of brand authenticity and connecting with consumers: &ldquo;Barker Canna Co. is built on a foundation of transparency and genuineness,&rdquo; he explains, highlighting his commitment to embodying personal values and ethics in his brand.
Barker Canna Co. is not just a brand launch for him; it represents Barker&#39;s participation in a cultural and societal shift, viewing cannabis as a medium for wellness, creativity and social change: &ldquo;We strive to connect with consumers on a personal level, aligning our values with theirs and fostering trust in the cannabis space.&rdquo;
<h3>It&rsquo;s About &lsquo;All The Small Things&rsquo;</h3>
As the conversation nears its end, Barker embarks on two final topics: the journey of cannabis entrepreneurs and his ideal weed partner.
<img alt="Travis Barker" src="https://imageio.forbes.com/specials-images/imageserve/65c261abb14cf9eb07cebe80/Travis-Barker/960x0.jpg?format=jpg&amp;width=1440" style="height:397px; width:624px" />
Travis Barker. DANIEL ROJAS
&ldquo;For those entering the cannabis industry, my advice is to stay informed, be adaptable and prioritize compliance,&rdquo; he says. &ldquo;Embrace the evolving landscape, focus on product quality and build a brand that resonates with authenticity. Additionally, fostering positive relationships within the industry and advocating for responsible use will contribute to long-term success.&rdquo;
Finally, on a lighthearted note, he answers the already classic question: if you could share cannabis with anyone, dead or alive, who would that be?
For Barker, the ideal cannabis companion would be 2Pac. And he&rsquo;s unhesitant in his answer. However, he adds a little twist: &ldquo;Instead of passing him a joint, I&rsquo;d slide over [an edible].&rdquo;
&ldquo;I&#39;m more of an edibles guy myself,&rdquo; he adds, painting a vivid picture of the situation. &ldquo;Imagine vibing to Pac&rsquo;s music, sharing wisdom over a chill session with (...) gummies in hand. That&#39;s the dream session right there.&rdquo;
Follow me on&nbsp;<a href="https://www.twitter.com/javierhasse" rel="nofollow noopener noreferrer" target="_blank">Twitter</a>&nbsp;or&nbsp;<a href="https://www.linkedin.com/in/javierhasse/" rel="nofollow noopener noreferrer" target="_blank">LinkedIn</a>.&nbsp;Check out&nbsp;my&nbsp;<a href="https://elplanteo.com/" rel="nofollow noopener noreferrer" target="_blank">website</a>&nbsp;or&nbsp;some of my other work&nbsp;<a href="https://benzinga.com/cannabis" rel="nofollow noopener noreferrer" target="_blank">here</a>.&nbsp;
This article was originally published on <a href="https://www.forbes.com/sites/javierhasse/2024/02/06/blink-182s-travis-barker-cannabis-helps-me-find-balance-in-the-chaos-of-my-life/?sh=eb8fd5c40cd7">Forbes</a>&nbsp;and appears here with permission. It does not represent Benzinga&#39;s reporting and has not been edited for content or accuracy.

Blink-182's Travis Barker: 'Cannabis Helps Me Find Balance In The Chaos Of My Life'

These ten large-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol></ol>
<ol>
<li>Rivian Automotive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) shares surged 30.04%  in the last week following a report suggesting the company has simplified its output, cut costs and announced plans for a<a href="https://www.benzinga.com//node/39497161" target="_blank" rel="noreferrer noopener"> joint venture with Volkswagen</a>.</li>
<li>Carnival Plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CUK#NYSE">CUK</a>) stock gained 17.78% on continued strength following <a href="https://www.benzinga.com//node/39481992" target="_blank" rel="noreferrer noopener">better-than-expected Q2 earnings</a>.</li>
<li>FedEx Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) stock soared 17.51% in the last week on better-than-expected Q4 financial results and guidance. Also, the company announced it expects to buy back $2.5 billion <a href="https://www.benzinga.com//node/39504381" target="_blank" rel="noreferrer noopener">worth of stock in FY25</a>. Several analysts raised the <a href="https://www.benzinga.com//node/39509568" target="_blank" rel="noreferrer noopener">price forecasts on the stock</a>.</li>
<li>Samsara Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IOT#NYSE">IOT</a>) stock advanced 16.37% after RBC Capital reiterated an Outperform rating and maintained its<a href="https://www.benzinga.com/quote/iot/analyst-ratings" target="_blank" rel="noreferrer noopener"> price target of $47</a>.</li>
<li>Suzano S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUZ#NYSE">SUZ</a>) shares rose 12.24% after it <a href="https://www.benzinga.com//node/39519611" target="_blank" rel="noreferrer noopener">dropped the acquisition</a> pursuit of International Paper Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IP#NYSE">IP</a>).</li>
<li>Carvana Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>) shares increased 11.93% after updating on its operating plan and capital structure at the William Blair 44th Annual Growth Stock <a href="https://www.benzinga.com//node/39509401" target="_blank" rel="noreferrer noopener">Conference in early June</a>.</li>
<li>FTAI Aviation Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTAI#NASDAQ">FTAI</a>) stock gained 11.55% in the last week.</li>
<li>Reddit, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) shares surged 11.08% after the company announced a policy update to block <a href="https://www.benzinga.com//node/39494776" target="_blank" rel="noreferrer noopener">automated website scraping</a>.</li>
<li>Mongodb Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>) stock gained 10.57% in the last week.</li>
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This article was originally published on <a href="https://cannabis.net/blog/opinion/the-4-most-expensive-marijuana-strains-on-the-market-today-and-4-cheaper-strains-that-are-just">Cannabis.net </a>and appears here with permission.
<a href="https://cannabis.net/strains">Different cannabis strains</a>&nbsp;have different qualities. Patients and consumers frequently compile a list of their favorite strains that best suit their health requirements because the psychotropic and physical effects of various strains can be strikingly diverse.
Some strains are the result of casual growers experimenting with genetics in their spare time. While this citizen science approach can sometimes yield groundbreaking results, it can also lead to disappointing outcomes.
In contrast, other strains come from extensive breeding programs that involve expensive equipment, experienced breeders, and top-tier genetic material. These&nbsp;<a href="https://cannabis.net/blog/opinion/what-are-the-most-expensive-marijuana-strains-in-the-world">strains often command higher prices on the market.</a>
But are these premium seeds worth the investment? It depends. Some offer genuinely unique and beneficial qualities, while others may be over-hyped and not live up to the marketing claims.&nbsp; Some&nbsp;<a href="https://cannabis.net/blog/news/the-worlds-most-expensive-joint-at-only-24000">expensive marijuana joints</a>&nbsp;have had a list price of over $24,000!
Here are some of the most&nbsp;<a href="https://cannabis.net/blog/opinion/what-are-the-most-expensive-cannabis-strains-on-the-market-and-an-affordable-alternative-to-eac">expensive stains with their cheaper alternatives</a>;
<h3>1. ORACLE</h3>
In 2009, a mysterious strain named Oracle captivated the cannabis community, sparking rumors of a breakthrough in cannabis potency. Oracle&#39;s name buzzed through online forums and real-world events, generating significant excitement.
What fueled this hype? Oracle was rumored to possess two extraordinary traits. First, it was said to produce resinous flowers with a staggering THC content of 45%. Second, Oracle supposedly bloomed in record time, reducing the wait for harvest. These claims drove up the price of Oracle&#39;s genetics, with seeds selling for $200 each and clones fetching $1,000.
Sounds revolutionary, right? Unfortunately, the hype was unfounded, likely a combination of false marketing and overenthusiastic cannabis fans. In 2013, The Werc Shop, a cannabis testing facility, analyzed Oracle samples. They found that not only did Oracle lack 45% THC, but it contained almost no THC at all.
Instead, Oracle flowers were rich in CBD, the non-psychoactive cannabinoid, producing no high and far from the intense effects it was famed for.
Affordable Alternative: CBD Fix Automatic
Paying a premium for a high-CBD cultivar like Oracle doesn&#39;t make sense, especially with other high-quality strains available. Consider CBD Fix Automatic, for example.
This excellent strain offers CBD levels up to 15% with a THC level of just 0.8%. Descending from Northern Light Auto and a CBD-rich clone, it remains small and easily manageable. Its dense flowers provide a light, subtle effect that keeps you productive and focused all day long.
<h3>2. ISLA OG</h3>
Isla OG catapulted to fame after a legendary internet appearance. In a web series, rapper 2 Chainz smoked this strain using a 24-karat gold rolling paper. Whether a savvy marketing stunt or a display of his lavish lifestyle, this moment instantly associated Isla OG with extravagance and premium status.
Despite the exposure, Isla OG remains somewhat mysterious. Cannabis experts speculate that it has sativa genetics, possibly a cross between OG Kush and Hawaiian.
Affordable Alternative: OG KUSH
As one of Isla OG&#39;s potential parents, OG Kush shares many of its desirable traits. This legendary strain offers a similar flavor profile to Isla OG, with high THC levels and a mix of sweet and sour tastes. Enjoy part of Isla OG&#39;s legacy at a much lower cost.
<h3>3. XJ-13</h3>
With 50% Indica and 50% Sativa in equal proportion, XJ-13 is a hybrid strain that is well-known for its intensity and abundant secondary cannabinoid and terpene profile. Due to its distinct makeup, this strain&mdash;which retails for about $350 per ounce and has a total THC level of about 30%&mdash;has earned a place on the luxury strain list.
Strain Profile
-THC: 28%
-THCA: 16%
-CBGa: 14.13 mg/g
-CBCa: 4.16 mg/g
-CBG: 0.57%
-CBD: 0.05%
-Dominant Terpenes: B-Pinene, Humulene, A-Pinene, 3-Carene, Terpinolene, Linalool, Y-Terpinene, P-Cymene
XJ-13 may provide relief from headaches, weariness, muscular spasms, anxiety, and problems with focus and sleep. Given that XJ-13 contains terpenes, which are known to elevate mood, this strain may be helpful to those who are depressed.
Less Expensive Alternatives
- Jack Herer
- G-13
Flavor Profile
When smoked, XJ-13 has a flavor profile that combines citrus, earthy, sweet, and nasty skunk undertones. It&#39;s not hard to get in the US, but the average price per ounce is about $350.
<h3>4. White Fire OG</h3>
White Fire OG, also known as WiFi OG or WiFi Kush, is a hybrid strain with a 60% Indica and 40% Sativa composition. Bred from Fire OG and The White, this strain has become highly popular.
Strain Profile
- THC: 22% to 30%
- CBD: 1%
- Dominant Terpenes: Myrcene, Caryophyllene, Pinene, Limonene
Patients using White Fire OG report feeling emotionally uplifted, focused, energetic, and relaxed, making it ideal for daytime use.
<h3>Less Expensive Alternatives</h3>
- Jesus OG
- Tangerine Dream
- Jacky White
- The White
- White Wedding
<h3>Flavor Profile</h3>
White Fire OG offers a unique flavor profile, featuring sour citrus, spicy earth, and mellow herb notes. Some users note a peppery taste that can induce coughing. This strain can sometimes be found for less than $200 per ounce, though it typically sells for $400 to $600 per ounce.
<h3>Do Pricey Weed Strains Make Sense?</h3>
Finding therapeutic cannabis strains might seem endless for people with physically or mentally crippling diseases. Given their high price tags, it&#39;s reasonable to question whether the most costly strains in the world may provide greater benefits.
However, you don&#39;t need to use a&nbsp;<a href="https://cannabis.net/blog/medical/10-indica-high-thc-strains-for-making-rick-simpson-oil">high-THC strain</a>&nbsp;to achieve good results. Affordable alternatives are often available at your local dispensary. By doing some research and creating a list of high-quality, budget-friendly strains, you can find effective options. Additionally, consult with your local dispensary for recommendations tailored to your symptoms and wellness goals.
<h3>Bottom Line</h3>
Although some of the priciest cannabis strains command premium pricing due to their distinctive features, they aren&#39;t necessarily the greatest or the only method to get the desired benefits. Numerous reasonably priced substitutes can provide comparable advantages without the high cost. Through research and discussions with trained personnel at the dispensary, customers may choose affordable, premium strains that fulfill their demands for wellness and health. Regardless of price, the optimal strain is the one that successfully treats a patient&#39;s unique symptoms and preferences.
This article is from an external unpaid contributor. It does not represent Benzinga&#39;s reporting and has not been edited for content or accuracy.

The 4 Most Expensive Cannabis Strains On The Market - And 4 Cheaper Ones That Are Just As Good

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