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BTCUSD

Crypto analyst Doctor Profit predicts a Bitcoin 'super cycle' with daily pumps of 10-30%, considering every dip a buying opportunity. He attributes recent price movements to actions by major players and BlackRock's Bitcoin ETF filing. The super cycle is expected to commence months after the Bitcoin halving, with a target range between $110,000 and $220,000.

Portfolio Pulse from Khyathi Dalal

July 29, 2024 | 3:49 pm

BTCUSD

Justin Sun, founder of Tron, has urged China to reconsider its cryptocurrency policies following former President Donald Trump's support for Bitcoin. Trump emphasized the need for the US to embrace cryptocurrency to prevent China from gaining dominance in the sector. Sun believes that competition between the US and China over Bitcoin policy will benefit the industry.

Portfolio Pulse from Khyathi Dalal

July 29, 2024 | 3:38 pm

CGTX

Cognition Therapeutics (NASDAQ:CGTX) reported mixed results from its Phase 2 'SHINE' study for Alzheimer's treatment CT1812. While there were trends of cognitive improvement and functional benefits, the drug did not achieve statistical significance on secondary efficacy endpoints. The stock fell 35.10% to $1.54 following the news.

Portfolio Pulse from Vandana Singh

July 29, 2024 | 3:31 pm

LIPO

Lipella Pharmaceuticals Inc. (NASDAQ:LIPO) shares surged 124% after the company announced the enrollment of the first patients in its Phase 2a clinical trial for LP-310, a treatment for Oral Lichen Planus. The trial is a multi-center, dose-ranging study, and the company is actively screening additional subjects.

Portfolio Pulse from Erica Kollmann

July 29, 2024 | 3:28 pm

ACB

TLRY

German cannabis producer Demecan has been granted the right to grow unlimited amounts of medical cannabis under new German cannabis laws. Canadian companies Tilray Brands (NASDAQ:TLRY) and Aurora Cannabis (NASDAQ:ACB) have also obtained new cultivation licenses in Germany. The new legislation is expected to drive significant revenue growth and innovation in the cannabis sector.

Portfolio Pulse from Nina Zdinjak

July 29, 2024 | 3:28 pm

TCBP

TC BioPharm has been granted European Patent Number EP3283620 for 'Modified Gamma Delta Cells And Uses Thereof' aimed at treating cancer and infectious diseases.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 3:26 pm

AMC

DIS

AMC Entertainment Holdings Inc (NYSE:AMC) shares are rising after the company reported record-breaking weekend attendance and admissions revenue for 2024. The success was driven by the opening weekend of Walt Disney Co (NYSE:DIS) and Marvel's 'Deadpool & Wolverine,' which set new records for an R-rated film. AMC also saw its highest food and beverage revenue since 2019 and strong merchandise sales.

Portfolio Pulse from Adam Eckert

July 29, 2024 | 3:24 pm

VTVT

The FDA has placed a clinical hold on vTv Therapeutics' (NASDAQ:VTVT) cadisegliatin program, including the ongoing CATT1 Phase 3 trial for type 1 diabetes, due to an unresolved chromatographic signal in a recent study. This has caused VTVT stock to drop by 32.2%.

Portfolio Pulse from Vandana Singh

July 29, 2024 | 3:23 pm

LPTV

Loop Media, Inc. (AMEX:LPTV) shares are trading higher after announcing a content partnership with Red Bull and the launch of the Red Bull TV channel in all of Loop’s out-of-home venues nationwide. The channel will feature action sports and sports-related culture content. Loop Media shares are up 11% at 13 cents following the announcement.

Portfolio Pulse from Erica Kollmann

July 29, 2024 | 3:16 pm

USO

Oil prices remain stagnant despite rising Middle East tensions, with WTI light crude trading just under $78 a barrel. Rising geopolitical tensions involving Israel, Hezbollah, and potential Turkish intervention have not significantly impacted oil prices. Additionally, China's crude oil imports have declined, indicating a struggling recovery. Bank of America suggests a potential bearish breakout in oil prices, with a possible decline to $63-$60 per barrel by the end of 2024. The United States Oil Fund (USO) has risen 13% year to date but is down over 4% in July.

Portfolio Pulse from Piero Cingari

July 29, 2024 | 3:11 pm