Burney U.S. Factor Rotation ETF (NASDAQ: BRNY)

Latest news for Burney U.S. Factor Rotation ETF (NASDAQ:BRNY)

Technology

Consumer Cyclical

Healthcare

Financial Services

Industrials

Energy

Utilities

Consumer Defensive

Real Estate

Other

Basic Materials

Communication Services

Fund invests under normal circumstances, at least 80 percent of the Fund's net assets plus the amount of any borrowings for investment purposes in U.S. listed common stock. The Fund will invest its assets in common stocks of large, mid, and small-capitalization companies. Security selection is determined based on a proprietary model developed by The Burney Company, the sub-adviser to the Fund (the Sub-Adviser).

Alphabet Inc

NVIDIA Corporation

Vertex Pharmaceuticals Inc

Fortinet Inc.

Texas Roadhouse Inc

Owens Corning

Pultegroup Inc.

Caci International Inc

Crowdstrike Holdings Inc. Class A

Microsoft Corp

Burney US Factor Rotation ETF

Businessmen,Making,Handshake,With,Partner,,Greeting,,Dealing,,Merger,And,Acquisition,

Equities

Mid Cap

News

Contracts

BRNY

FIXT

Oshkosh won $231.9 million contract from US Army to produce and upgrade heavy tactical vehicles. 

Oshkosh Lands ~$232M Deal to Build and Upgrade Military Trucks

Burney U.S. Factor Rotation ETF

Wedbush analyst Seth Basham reiterates Etsy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>) with a Neutral and maintains $65 price target.

Price Target

Reiteration

Analyst Ratings

ETSY

Wedbush Reiterates Neutral on Etsy, Maintains $65 Price Target

Trading Ideas

MIRA

MIRA Pharmaceuticals Shares Halted On Circuit Breaker To The Upside, Stock Now Up 135.2%

- Axios Reporter
<a href="https://x.com/stephen_neukam/status/1815379571086168431" title="https://x.com/stephen_neukam/status/1815379571086168431">https://x.com/stephen_neukam/status/1815379571086168431</a>

Politics

General

Senator Dick Durbin Endorses Kamala Harris For President

Wedbush analyst David Nierengarten reiterates argenx (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARGX#NASDAQ">ARGX</a>) with a Outperform and maintains $519 price target.

ARGX

Wedbush Reiterates Outperform on argenx, Maintains $519 Price Target

Goldman Sachs analyst Will Nance maintains PAR Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAR#NYSE">PAR</a>) with a Neutral and raises the price target from $45 to $51.

Goldman Sachs Maintains Neutral on PAR Technology, Raises Price Target to $51

Comerica Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMA#NYSE">CMA</a>) posted better-than-expected <a href="https://www.benzinga.com/quote/CMA/earnings">quarterly results on Friday</a>.
Comerica reported quarterly earnings of $1.53 per share which beat the analyst consensus estimate of $1.19 per share. The company reported quarterly sales of $824.000 million which beat the analyst consensus estimate of $813.472 million, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Comerica shares closed at $50.42 on Friday.
These analysts made changes to their price targets on Comerica following the announcement.
<ul>
<li>Truist Securities analyst Brandon King downgraded Comerica from Buy to Hold and slashed the price target from $55 to $53.</li>
<li>Barclays analyst Jason Goldberg maintained the stock with an Underweight rating and cut the price target from $59 to $56.</li>
<li>Piper Sandler analyst Scott Siefers maintained Comerica with a Neutral rating and increased the price target from $51 to $52.</li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/07/39881674/top-4-tech-stocks-that-may-explode-in-july">Top 4 Tech Stocks That May Explode In July</a></li>
</ul>

Earnings

Markets

These Analysts Revise Their Forecasts On Comerica After Q2 Results

Goldman Sachs analyst Graig Suvannavejh maintains Halozyme Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HALO#NASDAQ">HALO</a>) with a Neutral and raises the price target from $44 to $49.

HALO

Goldman Sachs Maintains Neutral on Halozyme Therapeutics, Raises Price Target to $49

WIIM

IQVIA shares are trading higher after the company released better-than-expected Q2 financial results and raised its 2024 guidance.

Goldman Sachs analyst Kevin Kumar maintains Guidewire Software (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWRE#NYSE">GWRE</a>) with a Buy and raises the price target from $146 to $170.

GWRE

Goldman Sachs Maintains Buy on Guidewire Software, Raises Price Target to $170

Wells Fargo analyst Steven Shaw maintains Commerce Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CBSH#NASDAQ">CBSH</a>) with a Equal-Weight and raises the price target from $52 to $62.

CBSH

Wells Fargo Maintains Equal-Weight on Commerce Bancshares, Raises Price Target to $62

Wells Fargo analyst Timur Braziler maintains BankUnited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKU#NYSE">BKU</a>) with a Equal-Weight and raises the price target from $32 to $35.

Wells Fargo Maintains Equal-Weight on BankUnited, Raises Price Target to $35

Wedbush analyst Seth Basham maintains Floor &amp; Decor Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FND#NYSE">FND</a>) with a Outperform and lowers the price target from $125 to $110.

Wedbush Maintains Outperform on Floor & Decor Hldgs, Lowers Price Target to $110

Western Alliance Bancorporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WAL#NYSE">WAL</a>) posted upbeat quarterly results, after the <a href="https://www.benzinga.com/quote/WAL/earnings">closing bell on Thursday</a>.
Western Alliance reported quarterly earnings of $1.75 per share which beat the analyst consensus estimate of $1.71 per share. The company reported quarterly sales of $771.80 million which beat the analyst consensus estimate of $737.64 million, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
&#8220;Western Alliance delivered strong second quarter results featuring robust net interest income growth, gathering loan momentum, and sustained deposit generation,&#8221; said Kenneth A. Vecchione, President and Chief Executive Officer. &#8220;With balance sheet repositioning actions completed, our focus is rededicated to generating safe, sound risk-adjusted growth supported by an enhanced liquidity profile and sturdy capital base. We achieved net income of $193.6 million and earnings per share of $1.75 for the second quarter 2024, which resulted in a return on tangible common equity1 of 14.3%. Capital generation continued to improve as pre-provision net revenue grew 22% linked quarter annualized excluding the impact of the FDIC special assessment.. Tangible book value per share1 climbed 13.2% year-over-year to $48.79 with a CET1 ratio of 11.0%.&#8221;
Western Alliance shares gained 7.9% to close at $76.72 on Friday.
These analysts made changes to their price targets on Western Alliance following the announcement.
<ul>
<li>Piper Sandler analyst Matthew Clark maintained Western Alliance with an Overweight rating and raised the price target from $76 to $93.</li>
<li>Barclays analyst Jared Shaw maintained the stock with an Overweight rating, while increasing the price target from $86 to $92.</li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/07/39881674/top-4-tech-stocks-that-may-explode-in-july">Top 4 Tech Stocks That May Explode In July</a></li>
</ul>

These Analysts Boost Their Forecasts On Western Alliance After Upbeat Earnings

Wells Fargo analyst Roger Read maintains Ovintiv (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OVV#NYSE">OVV</a>) with a Equal-Weight and lowers the price target from $54 to $52.

Wells Fargo Maintains Equal-Weight on Ovintiv, Lowers Price Target to $52

Serve Robotics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SERV#NASDAQ">SERV</a>) shares are trading higher Monday. The stock appears to be moving on continued momentum after Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) disclosed a <a href="https://www.benzinga.com/news/24/07/39860370/serve-robotics-stock-rises-after-nvidia-discloses-10-stake">stake in the company last week</a>. 
What Happened: Serve Robotics shares soared 187% on Friday after Nvidia revealed a 10% stake in the robotics company in a filing with the U.S. Securities and Exchange Commission last week. 
In a filing released late Thursday, Nvidia said it now owns 3,727,033 shares of Serve Robotics after it converted a&nbsp;promissory note from Serve Robotics into 1,050,129 shares of common stock in April.
Serve Robotics went public via reverse merger with Patricia Acquisition Corp. According to <a href="https://techcrunch.com/2023/08/10/uber-nvidia-backed-delivery-robot-startup-serve-robotics-to-go-public/?guccounter=1&amp;guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&amp;guce_referrer_sig=AQAAAGtcb64bIwGTyTkg369BaKjiIth_ncMWIuozwSS-NvlOkMJFOCGJWC8RdBpn8DuR7oeAY4tKMRUsT3QyuPztSCkfrNvplbEa-7wDNdxMtCzoW9nAEkjvKtP1RJ4YNoYlxYihRUCRPG3kBNYccP-vCqpxbhjkP-DlYPFCYt-7HwAC">TechCrunch</a>, Serve Robotics was initially started as the robotics division of Postmates. The autonomous sidewalk robots started delivering to Postmates customers in 2018, but when Uber acquired Postmates in 2020, the robotics division was spun out as Serve Robotics.
It&#8217;s worth noting that Serve Robotics appears to be getting a lot of attention from retail traders on Monday. It was trending across various social sites at the time of publication. 
Check This Out: <a href="https://www.benzinga.com/news/24/07/39881748/elon-musks-xai-flips-the-switch-on-100k-nvidia-h100-gpus-worth-up-to-4b-in-memphis-supercluster-most">Elon Musk&#8217;s xAI Flips The Switch On 100K Nvidia H100 GPUs Worth Up To $4B In Memphis Supercluster: &#8216;Most Powerful AI Training Cluster In The World&#8217;</a>
<h2 class="wp-block-heading">How To Buy SERV Stock</h2>
By now you're likely curious about how to participate in the market for Serve Robotics &#8211; be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. 
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading &#8211; either way it allows you to profit off of the share price decline.
SERV Price Action: Serve Robotics shares were up 47.8% at $11.16 at the time of publication, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: courtesy of Serve Robotics.

Movers

NVDA

SERV

Serve Robotics Stock Is Soaring Again: What's Going On?

The global solar photovoltaic (PV) market was estimated at USD 150 billion in 2022 and is predicted to hit over USD 383.78 billion by 2032
Neve Yarak, Israel, July 22, 2024 (GLOBE NEWSWIRE) -- N2OFF, Inc.\ (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NITO#NASDAQ">NITO</a>) (FSE:80W) ("N2OFF", or the "Company"), a clean- tech company offering sustainable solutions for various industries, announced today the expansion to the solar PV (photovoltaic) market, potentially proving investors lucrative assets alongside its innovation for the agri- tech market.
N2OFF partnered with Solterra Renewable Energy Ltd. ("Solterra"), a company founded in 2022 by Eran Litvak and Yair Harel, in the field of solar PV systems. Each of the founders is an expert in the field of solar PV, with a track record of dozens of successful projects. In addition, both are experienced entrepreneurs and managers with over 20 years of proven experience in identifying business opportunities, enhancing projects, and maximizing value in both the energy and financial sectors.
Solterra is currently active in three primary target markets: Italy, Poland, and Germany, managing a portfolio of at various stages of Solar PV development with a total cumulative capacity of approximately 300 megawatts.

NITO

N2OFF Signs An Agreement With Solterra Renewable Energy, Enters Solar PV Market

Plug Power Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NASDAQ">PLUG</a>) shares are trading higher Monday, bouncing back slightly after falling nearly 14% on Friday. Here&#8217;s a look at what <a href="https://www.benzinga.com/markets/equities/24/07/39858572/whats-going-on-with-plug-power-shares-today">you need to know</a>.
What To Know: Plug Power shares closed Friday down 13.9% after the company announced a $200 million <a href="https://www.benzinga.com/pressreleases/24/07/g39856913/plug-power-inc-announces-pricing-of-public-offering-of-common-stock">offering</a> of common stock. 
Plug Power said it will offer and sell 78,740,157 shares of its common stock at a public price of $2.54 per share. The company also granted its underwriters a 30-day option to purchase up to an additional 11,811,023 shares. The offering is expected to close on or about July 22. 
Plug said it anticipates gross proceeds of approximately $200 million. The net proceeds from the offering are expected to be used for general corporate purposes. 
On Monday, Piper Sandler analyst Kashy Harrison maintained Plug Power with an <a href="https://www.benzinga.com/analyst-stock-ratings">Underweight rating</a> and lowered the price target from $2.50 to $2.40.
Despite the bearish analyst coverage, Plug Power shares are moving higher, likely rebounding from heavy losses on Friday. Plug shares also appear to be getting a boost from upward momentum across broader markets. 
Check This Out: <a href="https://www.benzinga.com/government/24/07/39878618/whats-going-on-with-alibaba-and-other-chinese-stocks-on-monday">What&#8217;s Going On With Alibaba And Other Chinese Stocks On Monday?</a>
<h2 class="wp-block-heading">Is PLUG A Good Stock To Buy?</h2>
Wall Street analysts view Plug Power on the whole as an Underperform, given the history of coverage over the past three months. Jeffrey Osborne from TD Cowen is the most bearish, expecting a 28.57% fall in the stock in the coming year.
But looking at how the market as a whole thinks of the stock, you can reference historical price action for views on whether investors feel strongly about the stock one way or another. In the past three months, Plug Power fell 5.45%, which indicates that opinion soured on the business and how attractive it is to own based on either its stock price, or underlying fundamentals, like revenue, which fell 42.81% over the past year.
A complete overview of how Wall Street views individual stocks is available <a href="https://www.benzinga.com/analyst-stock-ratings">here</a>, while real time updates on the latest analyst actions will be delivered via <a href="https://pro.benzinga.com">Benzinga PRO</a>. Try it for free.
PLUG Price Action: Plug Power shares were up 3.77% at $2.61 at the time of publication, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>. 
Photo: courtesy of Plug Power.

PLUG

What's Going On With Plug Power Stock?

Tilray Brands Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLRY#NASDAQ">TLRY</a>) shares are trading higher. The company on Monday announced that its cannabis cultivation facility in Germany received the first new cannabis cultivation license issued under <a href="https://www.benzinga.com/pressreleases/24/07/g39879382/tilray-receives-first-new-cannabis-cultivation-license-in-germany-under-new-regulations">Germany&#8217;s new Cannabis Act</a>.
What To Know: Tilray said Aphria RX GmbH received&nbsp;the first new cannabis cultivation license issued under MedCanG. The license will allow Tilray&#8217;s German facility to cultivate and manufacture a broad commercial range of medical cannabis.
&#8220;We are thrilled to receive this license as it will provide greater access to some of the highest quality medical cannabis produced in Germany and enable us to expand the range of treatment options available to patients,&#8221; said Denise Faltischek, chief strategy officer and head of international for Tilray. 
&#8220;We appreciate the trust that the German Government has placed in Tilray, and we are proud of our team for their groundbreaking work in medical cannabis cultivation and patient care.&#8221;
Tilray said it strongly believes these developments will have a positive impact on the health and well-being of many patients in Germany.&nbsp;The company noted that the introduction of the German cannabis bill has led to a significant increase in the number of patients and prescribers for medical cannabis.
Tilray is due to report <a href="https://www.benzinga.com/calendars/earnings">earnings for the fourth quarter</a> after the market close on July 29. 
See Also:<a href="https://www.benzinga.com/markets/cannabis/24/07/39874209/joe-biden-drops-out-what-would-happen-with-cannabis-legalization-under-kamala-harris-or-donald-t"> Joe Biden Drops Out: What Would Happen With Cannabis Legalization Under Kamala Harris Or Donald Trump?</a>
<h2 class="wp-block-heading">How To Buy TLRY Stock</h2>
By now you're likely curious about how to participate in the market for Tilray &#8211; be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. In the case of Tilray , which is trading at $1.79 as of publishing time, $100 would buy you 55.87 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading &#8211; either way it allows you to profit off of the share price decline.
TLRY Price Action: <a href="https://www.benzinga.com/quote/TLRY">Tilray shares</a> were up 3.35% at $1.85 at the time of publication, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: Anan Kaewkhammul/Shutterstock.

Cannabis

Global

TLRY

What's Going On With Tilray Brands Stock Monday?

The number of states where recreational weed is legal is growing each year. Top-selling states like California and Michigan have reported $2.1 billion and $1.6 billion, respectively, in recreational cannabis sales for the first half of 2024, as <a href="https://www.greenmarketreport.com/california-leads-the-industry-in-cannabis-sales-at-six-month-mark/">reported</a> by Green Market Report's Debra Borchardt.
California cannabis supremacy can't be argued even though many experts have insisted the state's <a href="https://www.benzinga.com/markets/cannabis/24/06/39195663/legal-california-cannabis-market-on-the-verge-of-collapse-while-illegal-growers-thrive-destroyin">marijuana market is &#8220;on the verge of collapse.&#8221; </a>On the other hand, the Golden State is home to the California State Fair at Cal Expo which just recently, for the first time in its 170-year history, allowed on-site cannabis <a href="https://www.benzinga.com/markets/cannabis/24/07/39782466/californias-first-cannabis-friendly-state-fair-with-on-site-sales-and-consumption">sales and consumption.</a>
Moreover, exciting news that Snoop Dogg is set to open his first licensed cannabis store, S.W.E.D., near Los Angeles International Airport (LAX) made headlines last week. The new shop will no doubt be a cultural hub in Los Angeles, offering top-shelf <a href="https://www.benzinga.com/markets/cannabis/24/07/39733952/snoop-dogg-to-open-weed-stores-in-la-amsterdam-named-after-iconic-smoke-weed-every-day-motto">premium products and services.</a>
<h3 class="wp-block-heading">Michigan's Market Is Thriving</h3>
Meanwhile, Michigan&#8217;s cannabis market is indisputably thriving marked by <a href="https://www.benzinga.com/markets/cannabis/24/07/39758729/cannabis-concentrates-brands-with-strong-growth-acquisition-targets-amid-industry-consolidation">high-growth brands</a> and a robust market structure, as highlighted by Benzinga's <a href="https://www.benzinga.com/author/nicol-s-jose-rodriguez">Nicolás Jose Rodriguez</a> in a <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39828818/michigans-cannabis-market-hits-837m-record-whats-driving-the-boom-in-the-midwest">recap</a> of a report by Beacon Securities.
That report praised the performance of notable public companies in Michigan, including Ascend Wellness Holdings, Inc. (CSE:<a class="ticker" href="https://www.benzinga.com/stock/AAWH#CSE">AAWH</a>) (OTCQX:<a class="ticker" href="https://www.benzinga.com/stock/AAWH#OTCQX">AAWH</a>), Grown Rogue International Inc. (CSE:<a class="ticker" href="https://www.benzinga.com/stock/GRIN#CSE">GRIN</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GRUSF#OTC">GRUSF</a>), TerrAscend Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TSNDF#OTC">TSNDF</a>) and Red White &amp; Bloom Brands Inc. (CSE:<a class="ticker" href="https://www.benzinga.com/stock/RWB#CSE">RWB</a>) while a <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38282615/cannabis-brands-leading-market-expansion-in-east-midwest-a-look-at-prices-and-trend">cannabis sector analysis</a> by Pablo Zuanic of Zuanic &amp; Associates underscored that the state&#8217;s market is highly fragmented, with Cresco&#8217;s High Supply and Ascend Wellness&#8217;s Ozone leading various segments, including the flower category.
Nevertheless, new data from <a href="https://www.benzinga.com/markets/cannabis/24/03/37521749/unpacking-the-58b-cannabis-market-boom-bdsa-forecasts-for-2028">cannabis analytics</a> firm BDSA revealed Michigan has emerged as the top seller of legal cannabis in the U.S., surpassing the Golden State in unit sales. Michigan sold 22 million cannabis products in March, compared to 21.3 million units sold in California over the same month. That milestone was the first time another state has outsold <a href="https://www.benzinga.com/markets/cannabis/24/06/39207863/michigan-beats-california-in-legal-cannabis-sales-why-is-golden-states-weed-industry-losing-its-">California in legal cannabis products.</a> Another milestone is a per capita sales of 21+ population of $233.97 in Michigan compared to $74.90 in California.
Yet marijuana sales in Michigan on <a href="https://www.benzinga.com/markets/cannabis/24/07/39820832/michigan-top-seller-of-legal-cannabis-in-us-reports-flat-sales-in-june-colorados-marijuana-downt">a monthly basis</a> have been flat over the past couple of months with June figures of $278.8 million, representing a 6.9% year-over-year growth or &#8220;the slowest annual growth in over two years,&#8221; <a href="https://www.newcannabisventures.com/michigan-cannabis-sales-slow/">according</a> to New Cannabis Venture&#8217;s Alan Brochstein.
Read Also: <a href="https://www.benzinga.com/markets/cannabis/23/03/31357863/shop-legal-weed-at-michigans-top-rated-cannabis-dispensaries-here-are-the-shops-made-the-list">Shop Legal Weed At Michigan&#8217;s Top Rated Cannabis Dispensaries, Here Are The Shops Made The List</a>
<h3 class="wp-block-heading">Remaining Top 3</h3>
As Green Market Report's compilation of sales data showed, Illinois with its roughly $851 million figure in legal marijuana sales for the first half of 2024 came third. Combined with medical sales, the total cannabis sales figure reached $1 billion as <a href="https://www.benzinga.com/markets/cannabis/24/07/39731191/illinois-2024-cannabis-sales-reach-1b-milestone-faster-than-expected-are-out-of-state-consumers-">recently reported by Gov. JB Pritzker‘s office.</a>
Illinois will welcome a slew of top cannabis entrepreneurs, experts and executives at this fall&#8217;s Benzinga Cannabis Capital Conference in Chicago on Oct. 8-9. <a href="https://www.eventbrite.com/e/benzinga-capital-conference-cannabis-fall-2024-tickets-858948065787?aff=oddtdtcreator" target="_blank" rel="noreferrer noopener">Get your tickets now</a> before prices surge by following <a href="https://www.eventbrite.com/e/benzinga-capital-conference-cannabis-fall-2024-tickets-858948065787?aff=oddtdtcreator" target="_blank" rel="noreferrer noopener">this link</a>.
Massachusetts and Missouri followed with $795 million and $709 million, respectively, in recreational cannabis sales reported in the first six months of 2024.
Massachusetts Cannabis Control Commission's (CCC) recent data showed that combined medical and cannabis sales dipped <a href="https://www.benzinga.com/markets/cannabis/24/07/39670141/massachusetts-cannabis-sales-decline-slightly-in-june-despite-annual-quarterly-growth">slightly in June</a>, marking a 2% month-over-month decrease from $155 million in May to $152 million. Some of the major players doing business in the nascent market are AYR Wellness Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/AYRWF#OTC">AYRWF</a>), The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX:<a class="ticker" href="https://www.benzinga.com/stock/CBSTF#OTCQX">CBSTF</a>) (FSE: 3LP), Curaleaf International (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CURLF#OTC">CURLF</a>), Cresco Labs Inc. (CSE:<a class="ticker" href="https://www.benzinga.com/stock/CL#CSE">CL</a>) (OTCQX:<a class="ticker" href="https://www.benzinga.com/stock/CRLBF#OTCQX">CRLBF</a>) (FSE: 6CQ) and Green Thumb Industries Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GTBIF#OTC">GTBIF</a>).
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cannabis/24/04/38261253/missouris-2b-marijuana-market-hits-record-sales-in-march-eyes-future-growth-with-microbusiness-l">Missouri&#8217;s $2B Marijuana Market Hits Record Sales In March, Eyes Future Growth With Microbusiness Licenses </a></li>
</ul>

Retail Sales

AAWH

AYRWF

THE CANNABIST CO HLDG by THE CANNABIST COMPANY HOLDINGS INC.

CBSTF

CRLBF

CSE:AAWH

CSE:CL

CSE:GRIN

CSE:RWB

CURALEAF HLDGS INC by Curaleaf Hldgs Inc.

CURLF

Grindrod Shipping Holdings Ltd Ordinary Shares

GRIN

GRUSF

GTBIF

TSNDF

Cannabis Is Flying Off The Shelves In These Five States, Earning Billions For Marijuana Companies

Wells Fargo analyst Hanwen Chang maintains Vital Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VTLE#NYSE">VTLE</a>) with a Equal-Weight and lowers the price target from $54 to $50.

VTLE

Wells Fargo Maintains Equal-Weight on Vital Energy, Lowers Price Target to $50

Burney U.S. Factor Rotation ETF declares quarterly distribution of $0.0383

Burney U.S. Factor Rotation ETF declares quarterly distribution of $0.0122

Burney U.S. Factor Rotation ETF goes ex dividend today

BRNY: An Expensive But Sensible U.S. Factor Rotation ETF

DYNF

OMFL

SPLG

Oshkosh Corporation&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OSK#NYSE">OSK</a>) shares are trading higher after the company won a $231.9 million contract from the U.S. Army Contracting <a target="_blank" href="https://www.benzinga.com/pressreleases/24/07/b39660565/oshkosh-defense-to-produce-modernized-fhtvs-for-u-s-army" rel="noreferrer noopener">Command—Detroit Arsenal (ACC-DTA)</a>.



As per the deal, Oshkosh will manufacture new Heavy Expanded Mobility Tactical Truck (HEMTT) A4 tankers, cargos, wreckers, load handling systems (LHS), Common Bridge Transports (CBT), and Palletized Load System (PLS) A1s.



Also, Oshkosh will upgrade the PLS A1 fleet through recapitalization, modernizing the fleet, extending vehicle life, and cutting operating costs.



Notably, for decades, Oshkosh has partnered with the U.S. Army to recapitalize over 20,000 heavy tactical vehicles, restoring them to zero-miles, zero-hours condition with new vehicle warranties.



Pat Williams, chief programs officer at Oshkosh Defense, said, &#8220;Oshkosh is dedicated to our long-standing partnership with the U.S. Army to modernize the Oshkosh FHTV with new and enhanced capabilities through cost-effective and targeted upgrades. Room for growth as both threats and requirements evolve is key to these heavy platforms providing the payload, protection, and mobility to support our Warfighters in future combat environments.&#8221;



Last month, Oshkosh received a $27.3 million order from U.S. ACC-DTA for <a target="_blank" href="https://www.benzinga.com/pressreleases/24/06/b39451369/oshkosh-defense-receives-27-3-million-order-for-medium-equipment-trailers" rel="noreferrer noopener">57 Medium Equipment Trailers (MET)</a>.



As of March 31, the company had a defense <a target="_blank" href="https://www.benzinga.com/pressreleases/24/04/b38424291/oshkosh-corporation-reports-2024-first-quarter-results" rel="noreferrer noopener">backlog of $6.45 billion</a>.



Investors can gain exposure to the stock via Procure Disaster Recovery Strategy ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIXT#NASDAQ">FIXT</a>) and Burney U.S. Factor Rotation ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BRNY#NASDAQ">BRNY</a>).



Price Action: OSK shares are up 0.76% at $103.75 at the last check Monday.



Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.



Photo via Shutterstock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comments

Burney U.S. Factor Rotation ETF

News

Latest news for Burney U.S. Factor Rotation ETF (NASDAQ:BRNY)

Monday, July 08, 2024