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GSK

Research suggests that GSK's shingles vaccine, Shingrix, may reduce the risk of dementia, potentially impacting public health. The study, published in Nature Medicine, found that Shingrix showed a 17% lower risk of dementia compared to Zostavax. GSK plans to present additional data at an upcoming Alzheimer's conference.

Portfolio Pulse from Vandana Singh

July 26, 2024 | 5:51 pm

ESLOY

GOOG

GOOGL

META

EssilorLuxottica (OTC:ESLOY) has seen a rise in its stock price following interest from major tech companies, including Alphabet Inc's Google (NASDAQ:GOOG) (NASDAQ:GOOGL) and Meta Platforms (NASDAQ:META), in potential partnerships. This interest comes after EssilorLuxottica's collaboration with Meta to develop Ray-Ban smart glasses. Meta is also reportedly considering acquiring a 5% stake in EssilorLuxottica.

Portfolio Pulse from Vandana Singh

July 26, 2024 | 5:35 pm

SOLUSD

Researcher Slorg highlighted that 30 celebrity meme coins launched on Solana in June have plummeted 94% on average. The best-performing coins are still down over 70%, and 50% of the coins have lost more than 99% of their value. The trend saw celebrities like Andrew Tate and Soulja Boy launching tokens, but most have failed to maintain their initial hype.

Portfolio Pulse from Khyathi Dalal

July 26, 2024 | 5:29 pm

GM

General Motors' self-driving unit, Cruise, aims to resume fully autonomous rides by the end of the year and start charging fares by early 2025. The company halted operations in October due to a pedestrian collision and has since replaced top management and improved safety standards. Despite significant losses, GM shares are trading slightly higher.

Portfolio Pulse from Nabaparna Bhattacharya

July 26, 2024 | 5:14 pm

RIO

TECK

VALE

Teck Resources is attracting M&A interest from major mining companies, including Anglo American, Vale, and Rio Tinto, as part of a copper rush. These firms are studying potential deals with Teck.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 5:13 pm

QCOM

JPMorgan analyst Samik Chatterjee sees a 34% upside for Qualcomm Inc (NASDAQ:QCOM) shares, which have dropped 13% in the past month. Chatterjee revised the price target to $235 for December 2025, driven by Qualcomm's strategic focus on AI smartphones, AI PCs, and the automotive sector. He expects double-digit revenue growth and a significant increase in PC-related revenue. Despite potential competition, Chatterjee maintains an Overweight rating on Qualcomm.

Portfolio Pulse from Surbhi Jain

July 26, 2024 | 5:04 pm

EW

Deep-pocketed investors are showing a bullish trend towards Edwards Lifesciences (NYSE:EW) options, with significant options activity detected by Benzinga. The majority of these investors are bullish, targeting a price range of $50.0 to $72.5. Recent analyst ratings are mixed, with some downgrades and a few maintaining an outperform rating.

Portfolio Pulse from Benzinga Insights

July 26, 2024 | 5:01 pm

ABNB

BUD

CMCSA

DKNG

FLUT

GENI

The 2024 Summer Olympics in Paris could boost the financials and interest in six companies: Comcast Corporation (CMCSA), Airbnb Inc (ABNB), Anheuser-Busch InBev (BUD), Genius Sports (GENI), DraftKings Inc (DKNG), and Flutter Entertainment (FLUT). These companies are leveraging the event through media rights, travel accommodations, sponsorships, sports betting data, and increased betting activity.

Portfolio Pulse from Chris Katje

July 26, 2024 | 4:48 pm

DE

Deep-pocketed investors are showing significant interest in Deere (NYSE:DE) with a mix of bullish and bearish options activities. The trading volume and open interest in Deere's options have surged, indicating potential price movements between $360 and $430. Analysts have mixed ratings, with a consensus target price of $420.5.

Portfolio Pulse from Benzinga Insights

July 26, 2024 | 4:46 pm

GE

Whales are showing a bearish stance on GE Aero (NYSE:GE) with significant options activity. 45% of the trades are bearish, with a focus on a price range between $160.0 and $250.0. Analysts maintain a positive outlook with an average price target of $198.5.

Portfolio Pulse from Benzinga Insights

July 26, 2024 | 4:45 pm