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DIS

FiveThirtyEight's predictive model now shows President Joe Biden as the favorite to win the 2024 election, despite recent polling data favoring Donald Trump. The model gives Biden a 53% chance of winning, while Nate Silver's new site, Silver Bulletin, shows Biden's chances at 27%. Silver criticizes Trump's VP pick of J.D. Vance, suggesting it may hurt Trump's overall chances. FiveThirtyEight was acquired by ESPN in 2013 and later transferred to ABC News, both under Walt Disney Co (NYSE:DIS).

Portfolio Pulse from Aaron Bry

July 16, 2024 | 10:17 pm

TSLA

Morgan Stanley analyst Adam Jonas reiterated an Overweight rating on Tesla (NASDAQ:TSLA) with a $310 price target, but expressed concerns about the company's robotaxi technology being allowed in China due to national security risks. Jonas emphasized the importance of Tesla's core auto business and its valuation as an AI company.

Portfolio Pulse from Chris Katje

July 16, 2024 | 9:45 pm

ESTA

Establishment Labs Holdings announced that the FDA will begin a PMA preapproval inspection of the company's manufacturing facility for Motiva Implants on July 22, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 9:29 pm

BA

Boeing has delivered the second core stage of the Space Launch System (SLS) rocket to NASA, which will be used for the Artemis II mission to send a crew to lunar orbit. The core stage will be transported to NASA's Kennedy Space Center for integration, with the launch scheduled for 2025.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 9:26 pm

ARMN

Aris Mining Corporation reported H1 2024 gold production of 99,983 ounces, down from 104,906 ounces in H1 2023. The company is on track to meet the lower end of its full-year production guidance of 220,000 to 240,000 ounces. The Segovia mine is progressing to higher-grade zones.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 9:05 pm

CDT

Conduit Pharmaceuticals Inc (NASDAQ:CDT) shares surged by as much as 57% to $0.37 before closing near flat after announcing patent approval for its lead asset targeting autoimmune diseases. The patent allows Conduit to expedite examination in key markets and provides up to 20 years of protection, enhancing its strategic value.

Portfolio Pulse from Henry Khederian

July 16, 2024 | 9:05 pm

MSFT

SONY

Microsoft's Activision has announced the beta dates for Call of Duty: Black Ops 6, marking the first time the beta will be available on all platforms simultaneously. The game will be available on Xbox Game Pass at launch, following Microsoft's acquisition of Activision Blizzard. Changes to the scorestreak system have sparked debate within the community.

Portfolio Pulse from Franca Quarneti

July 16, 2024 | 9:05 pm

LMFA

LM Funding America, Inc. (NASDAQ:LMFA) provided a preliminary, unaudited Bitcoin mining update for June 2024. The company reported holding 160.5 Bitcoins valued at approximately $10.2 million as of June 30, 2024. They have redeployed 3,000 mining machines to a lower-cost site in Oklahoma and are negotiating a $5 million loan to acquire additional miners.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 9:03 pm

VTNR

Vertex Energy announced it is in line with its Q2 guidance, highlighting a 7% reduction in direct operating expenses and a 29% reduction in capital expenditures. The company also reported conventional throughput of 68,000 bpd, within its guidance range, and renewable throughput and utilization in line with prior guidance.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 9:03 pm

JNJ

ORIC

ORIC Pharmaceuticals has entered into clinical trial collaboration and supply agreements with Bayer and Johnson & Johnson. This partnership aims to advance ORIC's clinical programs.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 9:01 pm