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BTDR

Bitdeer Technologies Group (NASDAQ:BTDR) shares are trading higher after announcing a lease agreement with the Monroe County Port Authority to secure up to 570 MW of additional power capacity. This increases Bitdeer's total capacity to 2.5 GW globally, enhancing its infrastructure for Bitcoin mining, HPC, and AI. The stock has gained over 60% in the past month and is trading above its 50-day moving average.

Portfolio Pulse from Erica Kollmann

June 28, 2024 | 1:05 pm

CAPR

Capricor Therapeutics (NASDAQ:CAPR) announced positive 3-year safety and efficacy results from its HOPE-2 OLE study for deramiocel (CAP-1002) in treating Duchenne muscular dystrophy. The study showed benefits in both skeletal muscle and cardiac function, with a pre-BLA meeting with the FDA scheduled for Q3 2024.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 1:02 pm

WMT

Fabric has acquired MeMD from Walmart, enhancing its position as a leading virtual care platform. The acquisition supports Fabric's employer strategy and expands its reach to 30,000 partners and 5 million members.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 1:02 pm

FFIE

Faraday Future Intelligent Electric Co. (NASDAQ:FFIE) shows bullish short-term technical signals despite a significant decline over the past year. The stock is trading above key moving averages and Bollinger Bands suggest potential gains. However, long-term indicators remain cautious. The company is addressing Nasdaq compliance issues through strategic moves like proposing a reverse stock split and appointing a new auditor.

Portfolio Pulse from Surbhi Jain

June 28, 2024 | 12:57 pm

ANF

FN

NEOG

SMCP

The AlphaMark Actively Managed Small Cap ETF (SMCP) offers a strategic entry point for investors despite recent inflation slowing the small-cap rally. The ETF is actively managed and diversified, reducing individual company risk. Top holdings include Abercrombie & Fitch Co. (ANF), Fabrinet (FN), and Neogen Corporation (NEOG). The ETF has shown a 20% return over the past 52 weeks but has recently entered a sideways trend. Potential dovish monetary policy could reignite small-cap sentiment.

Portfolio Pulse from Joshenomoto@benzinga.com

June 28, 2024 | 12:56 pm

BA

ITA

PPA

Boeing Co. (NYSE:BA) faces potential labor strikes as the International Association of Machinists and Aerospace Workers (IAM) demands significant wage hikes and better retirement benefits. The strike vote is set for July 17, with possible action after the current contract expires on September 12. Boeing is also dealing with financial and production challenges following a January incident involving a 737 MAX jet.

Portfolio Pulse from Shivani Kumaresan

June 28, 2024 | 12:49 pm

AMZN

META

PYPL

TSLA

The article celebrates Elon Musk's 53rd birthday by highlighting 53 facts about his life and career, including his roles at Tesla Inc (NASDAQ:TSLA) and SpaceX, his involvement with PayPal Holdings Inc (NASDAQ:PYPL), and his acquisition of Twitter. It also mentions his public feuds with other billionaires and his influence on cryptocurrencies like Dogecoin.

Portfolio Pulse from Chris Katje

June 28, 2024 | 12:46 pm

DYAI

Dyadic International (NASDAQ: DYAI) has entered into a partnership with Proliant Health and Biologicals to develop and commercialize recombinant albumin products. Dyadic will receive an upfront milestone payment of $1.5 million and a share of profits from sales.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 12:40 pm

MRK

Merck & Co Inc (NYSE:MRK) received a unanimous recommendation from the CDC's ACIP for its Capvaxive vaccine for adults 65 and older, and certain adults 19-64 with underlying conditions. Additionally, the CHMP of the European Medicines Agency recommended the approval of Winrevair for PAH patients, with a final decision expected in Q3 2024. MRK shares were trading higher by 0.13% premarket on Friday.

Portfolio Pulse from Vandana Singh

June 28, 2024 | 12:39 pm

ASNS

Actelis Networks, Inc. (NASDAQ:ASNS) has received an initial order to provide a municipal utilities company in a major German city with its advanced hybrid-fiber networking solution. This order is part of a larger project and was placed by a local partner of Actelis in Germany.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 12:37 pm