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SPY

All U.S. Edgar Online Services have been restored, according to a statement cited by Reuters.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 7:28 pm

SMH

XLF

XLI

XLV

Market strategist Jay Woods predicts that financials and healthcare sectors could benefit if Trump wins the 2024 election, while industrials and semiconductor sectors could benefit if Biden wins. ETFs like XLF, XLV, XLI, and SMH are highlighted as potential winners.

Portfolio Pulse from Chris Katje

July 19, 2024 | 7:28 pm

BTCUSD

Dennis Porter, CEO of Satoshi Act Fund, suggests integrating Bitcoin into the U.S. Exchange Stabilization Fund (ESF) as a strategic reserve asset. This could stabilize the dollar and provide liquidity during financial crises. Porter also proposes an executive order to transfer confiscated Bitcoin to the ESF.

Portfolio Pulse from Murtuza Merchant

July 19, 2024 | 7:08 pm

TSLA

Tesla has increased the price of its Model X Plaid to $94,990 from $92,990.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 6:42 pm

SXTP

60 Degrees Pharmaceuticals Inc. (NASDAQ:SXTP) shares surged by 48% following the announcement of clinical trial agreements for their Tafenoquine Babesiosis study. The company has partnered with Yale University, Rhode Island Hospital, and Tufts Medical Center for the world's first randomized, double-blind, placebo-controlled clinical trial evaluating tafenoquine's efficacy and safety in treating human babesiosis. Patient enrollment has begun, with interim results expected by September 2025.

Portfolio Pulse from Vaishali Prayag

July 19, 2024 | 6:40 pm

CRWD

FTNT

GOOG

NET

PANW

The cybersecurity market is projected to hit $2 trillion by 2030, driven by increasing threats and consolidation. Google's $23 billion acquisition of Wiz marks the start of a major consolidation wave, with major players like Palo Alto Networks, CrowdStrike, ZScaler, Cloudflare, and Fortinet expected to grow significantly.

Portfolio Pulse from Surbhi Jain

July 19, 2024 | 6:31 pm

AAL

BTCUSD

CRWD

DAL

UAL

A faulty software update from CrowdStrike has caused a global IT outage, affecting various sectors including aviation, banking, and healthcare. Major U.S. airlines faced groundings, and financial markets experienced disruptions. Despite the turmoil, Bitcoin remains resilient, trading above $65,800. CrowdStrike is working on a fix.

Portfolio Pulse from Murtuza Merchant

July 19, 2024 | 6:16 pm

RIVN

TSLA

Rivian Automotive, Inc. (NASDAQ:RIVN) shares are trading slightly lower with the broader market, but the stock remains up by nearly 50% over the past month. Rivian has seen a 76.7% increase in vehicle registrations in California this year, while Tesla, Inc. (NASDAQ:TSLA) registrations have fallen 17%. Analysts have updated their ratings and price targets for Rivian, with most maintaining positive outlooks. The broader economic environment, including potential interest rate cuts, could be favorable for the EV sector.

Portfolio Pulse from Erica Kollmann

July 19, 2024 | 6:15 pm

Ford Motor Company (NYSE:F) shares are trading lower ahead of its quarterly earnings release next week. The company announced plans to expand F-Series Super Duty production to its Oakville Assembly Complex in Ontario, Canada, with a $2.3 billion investment. Analyst estimates for Ford's EPS are 68 cents and revenue at $43.75 billion for the 2024 fiscal year second quarter.

Portfolio Pulse from Dylan Berman

July 19, 2024 | 6:10 pm

UAL

United Airlines has announced that while some flights have resumed, schedule disruptions are expected to continue throughout Friday.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 6:06 pm