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DOGEUSD

FLOKIUSD

SHIBUSD

Floki (FLOKI) has seen a 20% gain, surpassing other meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB). The rally is driven by Ethereum ETF hype and a new educational course by Revolut. Traders predict further gains for Floki, citing strong fundamentals and upcoming marketing announcements.

Portfolio Pulse from Khyathi Dalal

July 15, 2024 | 5:02 pm

VRTX

Vertex Pharmaceuticals has filed a lawsuit against the U.S. Department of Health and Human Services regarding its Casgevy gene editing therapy.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 5:00 pm

MIRA

MIRA Pharmaceuticals, Inc. (NASDAQ:MIRA) shares surged 30.5% after the company announced promising preclinical test results for its new drug, MIRA-55, aimed at treating neurological and neuropsychiatric disorders. The drug showed stronger efficacy and a better safety profile compared to THC.

Portfolio Pulse from Dylan Berman

July 15, 2024 | 4:49 pm

SCHW

Investors have taken a bearish stance on Charles Schwab (NYSE:SCHW) as indicated by recent options trading activity. Benzinga's options scanner detected 14 significant trades, with 12 being puts and 2 calls. The overall sentiment is 50% bearish and 28% bullish. The price range of interest is between $45.0 and $80.0. Analysts have mixed ratings with price targets ranging from $71 to $90.

Portfolio Pulse from Benzinga Insights

July 15, 2024 | 4:46 pm

LU

OCFT

OneConnect Financial Technology (NYSE:OCFT) will shut down its cloud services division, which accounted for nearly half of its revenue, due to losing most of its customers, primarily related companies like Ping An Group and Lufax (NYSE:LU). This move aims to reduce its reliance on related companies and create a more stable business model.

Portfolio Pulse from The Bamboo Works

July 15, 2024 | 4:45 pm

LCID

RIVN

TSLA

The article discusses a volatile week for EV stocks, focusing on Tesla (TSLA) and Rivian (RIVN). Tesla's stock experienced a roller coaster ride, initially rising 9% before dropping due to a postponed robo-taxi demo, and then partially recovering. Rivian saw an 8.05% spike on Friday. The author had bullish positions on both Tesla and Rivian, and turned tactically bearish on Tesla mid-week. The author also took profits on Rivian's January $15 strike calls.

Portfolio Pulse from David Pinsen

July 15, 2024 | 4:42 pm

AMZN

BE

Bloom Energy is reportedly partnering with Amazon to power an Amazon data center, according to circulating analyst comments.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 4:39 pm

ETR

Entergy Corp announced that its workforce has restored power to approximately 96% of customers affected by Hurricane Beryl. The majority of customers in the most heavily impacted areas are expected to have power restored today.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 4:28 pm

RIVN

Rivian Automotive Inc (NASDAQ:RIVN) shares are down 2.7% to $17.63, likely due to profit-taking after a 17% gain last week. The Department of Energy's $1.7 billion investment in EV manufacturing and potential Federal Reserve rate cuts could benefit Rivian by reducing borrowing costs and boosting consumer spending on electric vehicles.

Portfolio Pulse from Henry Khederian

July 15, 2024 | 4:20 pm

TSLA

Elon Musk posted on X about an important design change to the front of a product and mentioned that extra time will allow showcasing a few other things.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 4:19 pm