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BTCUSD

The Democratic Party has launched a 'Crypto for Harris' campaign to counter former President Donald Trump's outreach to the cryptocurrency community. The campaign aims to build political support for Vice President Harris and includes a virtual town hall meeting featuring influential Democratic-leaning cryptocurrency voices like Mark Cuban and Anthony Scaramucci. The campaign comes as cryptocurrencies become a significant political issue in the upcoming elections.

Portfolio Pulse from Aniket Verma

August 08, 2024 | 6:01 am

SHOP

Shopify Inc. (NYSE:SHOP) shares surged by 20.4% following a strong Q2 earnings report and an optimistic outlook for Q3 2024. The company reported a 21% year-over-year revenue growth to $2.05 billion, beating analyst estimates. Adjusted EPS was 26 cents, surpassing the 20 cents estimate. Shopify expects Q3 revenue to grow at a low-to-mid-twenties percentage rate and anticipates a 50 basis point improvement in gross margin. J.P. Morgan analysts noted the company's strong performance despite a mixed consumer spend environment.

Portfolio Pulse from Vaishali Prayag

August 07, 2024 | 7:12 pm

CHWY

GME

Roaring Kitty, aka Keith Gill, has gone silent on social media after a brief return that spiked interest in meme stocks like GameStop and Chewy. His silence has led to a loss of followers and a decline in the stock prices of these companies.

Portfolio Pulse from Chris Katje

August 07, 2024 | 3:16 pm

LXRX

Lexicon Pharmaceuticals will present three posters at the 2024 Annual Conference of the Association of Diabetes Care & Education Specialists, taking place from August 9-12 in New Orleans.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 12:16 pm

RMTI

Rockwell Medical has launched a convenience pack that includes two 1-gallon pre-mixed containers of its hemodialysis concentrate products: CitraPure, RenalPure, or SteriLyte.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:11 am

BTCUSD

SOLUSD

Eric Trump hinted at a 'big' announcement related to cryptocurrencies and decentralized finance, sparking speculation about a potential Trump memecoin. The Trump family's growing interest in crypto comes as the industry gains mainstream acceptance.

Portfolio Pulse from Aniket Verma

August 07, 2024 | 1:30 am

F

TSLA

Elon Musk sent Tucker Carlson a Tesla Cybertruck for review, which included various tests and generated significant social media impressions. The review highlighted the truck's power and ease of use but noted its high price and reduced range when towing. Musk acknowledged the pricing issue and expressed a need to make the Cybertruck more affordable in the future.

Portfolio Pulse from Chris Katje

August 06, 2024 | 10:42 pm

MYO

Myomo projects Q3 revenue between $8M-$8.5M, slightly below the $8.35M estimate. FY revenue is expected to be $28M-$30M, close to the $28.66M estimate. The company aims for $10M in Q4 revenue and continued growth in 2025. Increased advertising spending in H2 2024 may impact cash flow breakeven.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:58 pm

DJT

Former President Donald Trump and Tesla CEO Elon Musk are set for an interview on Monday, Aug. 12, ahead of the 2024 presidential election. The interview could be hosted on Musk's platform X (formerly Twitter) or Trump's Truth Social. The event could significantly impact Truth Social's performance and visibility.

Portfolio Pulse from Chris Katje

August 06, 2024 | 7:40 pm

DWAC

TSLA

Former President Donald Trump announced on Truth Social that he will be conducting a major interview with Elon Musk on Monday night. Details of the interview are yet to be disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 6:29 pm