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Assets

AUTL

Autolus Therapeutics has announced the appointment of Robert Dolski as its new Chief Financial Officer, effective from August 7, 2023.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 11:09 am

DFLI

Dragonfly Energy Holdings Corp (NASDAQ:DFLI) has completed its U.S. lithium battery cell pilot line and started manufacturing anode using its patented process. The pilot line can produce up to 150 MWh of domestically manufactured LiFePO4 battery cells per year at 70% efficiency. Full cells are expected to be produced by the end of 2023. DFLI shares are trading lower by 0.52% at $1.92 premarket on Wednesday.

Portfolio Pulse from Akanksha Bakshi

July 19, 2023 | 11:00 am

FXI

China's State Council has issued guidelines to promote the private economy, pledging to continue breaking down barriers to market access. The council will also encourage private firms to revitalize their stock of assets.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 10:59 am

MA

NVDA

TSM

V

Richard Clode, a fund manager at Janus Henderson Investors, shares his investment strategy in tech firms, focusing on long-term trends and underappreciated stocks. His funds include Big Tech stocks like NVIDIA, TSMC, Mastercard, and Visa. Both of Clode’s funds have outperformed the S&P 500’s half-year return of nearly 16%.

Portfolio Pulse from Benzinga Neuro

July 19, 2023 | 10:35 am

BTCUSD

ETHUSD

Binance has temporarily paused some market order functions for all spot and margin trading pairs due to technical issues.

Portfolio Pulse from Charles Gross

July 19, 2023 | 10:12 am

CPRX

Catalyst Pharmaceuticals has acquired an exclusive North American license for Vamorolone, a treatment for Duchenne Muscular Dystrophy, from Santhera. The license includes exclusive commercial rights in the U.S., Canada, and Mexico, and the right of first negotiation in Europe and Japan. Catalyst has paid $75 million in cash for the license.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 10:03 am

TSLA

Tesla, Inc. (NASDAQ:TSLA) has seen a significant recovery this year after a 65% slump in 2022 due to economic impacts of interest rate hikes. Despite supply-chain challenges and inflation, Tesla shares reached a record high of $414.50 on Nov. 4, 2021. However, the stock hit a low of $104.64 on Jan. 3, 2022, due to delivery setbacks and reduced consumer spending. Tesla responded by leveraging its production capabilities to reduce prices, which revitalized volume and reversed the stock's downward trajectory. If an investor had bought Tesla shares at the January low, they would have seen a roughly 300% return. Despite ongoing challenges, analysts remain optimistic about Tesla's long-term prospects.

Portfolio Pulse from Shanthi Rexaline

July 19, 2023 | 8:47 am

BTCUSD

Democratic Presidential hopeful Robert Kennedy Jr. has proposed a plan to back the US dollar with Bitcoin and other hard assets. He suggests starting with 1% of issued T-bills backed by hard assets, including Bitcoin, and gradually increasing this allocation. Kennedy also plans to exempt Bitcoin to US dollar conversions from capital gains taxes. He believes this approach could strengthen the US dollar and stimulate investment and innovation.

Portfolio Pulse from Mehab Qureshi

July 19, 2023 | 5:23 am

BTCUSD

ETHUSD

A recent survey reveals that 47% of investors anticipate Ethereum (CRYPTO: ETH) to surpass Bitcoin (CRYPTO: BTC) in value. The optimism is attributed to Ethereum's higher burn rate versus coin issuance, the 'new address momentum', and a growth in the number of network validators. Upcoming upgrades to the Ethereum network are expected to improve smart contract efficiency, reduce costs, and potentially recoup market share lost due to high gas fees.

Portfolio Pulse from Benzinga Neuro

July 19, 2023 | 4:10 am

BTCUSD

Arkham Intelligence has launched a crypto bounty program, offering rewards for identifying high-profile wallet addresses, including those of Elon Musk, Do Kwon, and Sam Bankman-Fried. The total bounty rewards amount to 204,250 ARKM, equivalent to approximately $134,600. The program has faced backlash due to concerns that it may be used to expose private information, but Arkham's leaders deny these claims.

Portfolio Pulse from Mehab Qureshi

July 19, 2023 | 4:04 am