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SHIBUSD

Shytoshi Kusama, the lead developer of Shiba Inu (SHIB), hinted at revealing their identity during the IVS Crypto 2024 conference in Japan. This announcement has generated excitement within the Shiba Inu community. Despite this, SHIB's price has dropped by 14.65%, trading at $0.00001355.

Portfolio Pulse from Aniket Verma

July 05, 2024 | 3:00 pm

HCM

HUTCHMED's Tazemetostat for relapsed/refractory follicular lymphoma has secured NDA acceptance and priority review in China.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:00 pm

BTCUSD

MARA

RIOT

Mike Novogratz, CEO of Galaxy Digital, compared former President Reagan's cognitive decline to current concerns over President Biden's condition. Novogratz also expressed optimism about future cryptocurrency regulation in the U.S. and reiterated his bullish prediction for Bitcoin, expecting it to reach $100,000 by the end of 2024.

Portfolio Pulse from Aniket Verma

July 05, 2024 | 3:00 pm

BHP

BHP announced a $250 million investment in a new electric trolley truck system at its Escondida Mine to reduce emissions, aligning with its global target of net zero operating greenhouse gas emissions by 2050.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:00 pm

ASND

Pendopharm has partnered with Ascendis Pharma for the exclusive distribution of TransCon™ PTH in Canada. Pendopharm will handle regulatory approval and commercialization of the hypoparathyroidism treatment. Financial terms were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:00 pm

CLSK

MARA

RIOT

Jameson Lopp highlighted two significant arrests involving the theft of Bitcoin mining equipment in Los Angeles and Baton Rouge. He pointed out the rapid depreciation of these devices when not in use, questioning the robbers' objectives. The largest Bitcoin miners by market cap include Marathon Digital Holdings Inc. (NASDAQ:MARA), CleanSpark Inc. (NASDAQ:CLSK), and Riot Platforms Inc. (NASDAQ:RIOT).

Portfolio Pulse from Aniket Verma

July 05, 2024 | 3:00 pm

MRNA

NVDA

TSLA

Veteran Wall Street investor Ed Yardeni warns that the AI market boom may be forming a bubble, with significant capital chasing AI advancements. Companies like Nvidia, Moderna, and Tesla are highlighted for their AI initiatives. Yardeni cautions that overinvestment could lead to financial pitfalls, despite AI's potential to boost productivity and economic growth.

Portfolio Pulse from Piero Cingari

July 05, 2024 | 3:00 pm

NATH

Pat Bertoletti won the 2024 Nathan's Hot Dog Eating Contest, while Miki Sudo set a new women's record. Joey Chestnut was absent due to a sponsorship conflict with Nathan's Famous, Inc. (NASDAQ:NATH).

Portfolio Pulse from Anthony Noto

July 05, 2024 | 3:00 pm

ADAUSD

BCS

BTCUSD

ETHUSD

FEZ

FXB

SOLUSD

XRPUSD

European stocks and the British pound surged ahead of the UK election results, with the Labour Party expected to win a landslide victory. The FTSE 100 Index rose over 1%, led by Smith & Nephew, Bunzl, Melrose, and Barclays. The Invesco CurrencyShares British Pound Sterling ETF (FXB) edged 0.2% higher. The broader Euro STOXX 50 Index, tracked by the SPDR DJ Euro STOXX 50 ETF (FEZ), closed 0.4% higher. Cryptocurrencies, including Bitcoin, Ethereum, Solana, Ripple, and Cardano, saw significant declines.

Portfolio Pulse from Piero Cingari

July 05, 2024 | 3:00 pm

TSLA

Tesla Inc (NASDAQ:TSLA) has introduced a $1,000 discount for military personnel on new EV purchases, excluding the Cybertruck. This initiative, part of the Tesla Military Purchase Program, aims to boost sales amid a decline in deliveries since the start of 2024. The program is also part of Tesla's broader effort to support veterans transitioning to civilian life.

Portfolio Pulse from Anan Ashraf

July 05, 2024 | 3:00 pm