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PAANF

PWRLF

RMTLF

Chariot Corp., an Australia-listed company, is aggressively acquiring lithium land holdings in the United States, with 3,634 claims in Wyoming, Nevada, and Oregon. The company aims to strengthen the domestic lithium supply chain, which is currently lagging behind Australia. Chariot has already divested properties to POWR Lithium Corp. (OTC:PWRLF), Pan American Energy Corp. (OTC:PAANF), and Red Mountain Mining Ltd. (OTC:RMTLF). The company plans to sell additional projects in Nevada and Zimbabwe.

Portfolio Pulse from Matt Whittaker

June 26, 2024 | 6:21 pm

WENA

ANEW Medical, Inc. (NASDAQ:WENA) shares surged over 100% following the announcement of a significant European patent for their Klotho gene therapy targeting neurodegenerative diseases. The company plans to expand into Asian markets in 2024.

Portfolio Pulse from Vaishali Prayag

June 26, 2024 | 6:21 pm

BTCUSD

ETHUSD

SOLUSD

DeFi Midas, a pseudonymous analyst, presents a bullish case for Bitcoin and altcoins, countering bearish sentiments. He highlights that current market corrections are normal and consistent with previous bull cycles. Midas points to macro factors like potential changes in the Federal Reserve’s balance sheet and upcoming events like the U.S. elections as catalysts for growth. He advises investors to hold their positions, suggesting that the current crypto bull run may still be in its early stages.

Portfolio Pulse from Khyathi Dalal

June 26, 2024 | 6:20 pm

NVAX

Whales have taken a bullish stance on Novavax (NASDAQ:NVAX) with 80% of recent options trades being bullish. The price range targeted by these trades is between $7.5 and $17.5. Novavax's current trading volume is 5,226,531, with the stock price down by 7.32% to $12.97. An analyst from B of A Securities maintains a Neutral rating with a target price of $18.

Portfolio Pulse from Benzinga Insights

June 26, 2024 | 6:17 pm

AMZN

FDX

GIS

NVDA

PAYX

PRGS

RIVN

SOXX

TSLA

Wall Street had a mixed session on Wednesday with major U.S. averages trading flat. The semiconductor industry saw declines, with Nvidia down 2% and the iShares Semiconductor ETF dropping 1%. Tesla and Amazon both rose 3.8%, with Amazon hitting a $2 trillion market valuation. Rivian soared 20% due to a joint venture with Volkswagen. FedEx had a strong session, up over 14% on positive earnings. Other notable movers included Progress Software, Paychex, and General Mills. Key economic data releases are awaited later this week.

Portfolio Pulse from Piero Cingari

June 26, 2024 | 6:15 pm

NVO

Novo Nordisk (NYSE:NVO) has halted its phase 3 CLARION-CKD trial for the hypertension drug ocedurenone after it failed to meet its primary endpoint. The company will take an impairment charge of around $817 million, impacting its operating profit growth in 2024. Further development of the drug in other indications is being evaluated.

Portfolio Pulse from Vandana Singh

June 26, 2024 | 6:10 pm

FDX

FedEx Corporation (NYSE: FDX) reported strong Q4 results, beating estimates and receiving positive analyst reviews. Analysts highlighted the company's cost savings, strategic review of FedEx Freight, and promising FY 2025 guidance. Multiple analysts raised their price targets, indicating a positive outlook for the stock.

Portfolio Pulse from Chris Katje

June 26, 2024 | 6:05 pm

NVDA

Cantor Fitzgerald analyst C J Muse has maintained an Overweight rating on Nvidia (NASDAQ:NVDA) and raised the price target from $140 to $175. Muse highlights Nvidia's significant advancements in AI performance and its robust ecosystem, projecting substantial revenue growth for the company. Despite a recent 2.03% drop in share price, Nvidia remains a top pick for the analyst.

Portfolio Pulse from Anusuya Lahiri

June 26, 2024 | 6:04 pm

SNY

Sanofi shares are trading lower amid a possible selloff after the company reportedly sought bids for its consumer care spinoff. The company also announced findings from its ongoing phase 2 study to evaluate three separate participant cohorts including riliprubart.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 6:04 pm

FXI

VLVLY

Volvo's electric vehicle (EV) deliveries to the US are expected to be delayed due to higher tariffs on China, according to Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 5:46 pm