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RIVN

TSLA

VWAGY

Elon Musk, CEO of Tesla, stated that Tesla will not acquire Rivian, an EV competitor, citing the difficulty of the car industry. Rivian faces financial challenges despite strong demand and a joint venture with Volkswagen. Musk predicts Rivian may face bankruptcy.

Portfolio Pulse from Chris Katje

October 21, 2024 | 2:52 pm

AAPL

DJT

Trump Media & Technology Group Corp (NASDAQ:DJT) is experiencing a stock surge due to the successful launch of its Truth+ app on Apple devices. However, the company faces internal challenges, including a whistleblower complaint against CEO Devin Nunes, alleging mismanagement and potential legal risks.

Portfolio Pulse from Anusuya Lahiri

October 21, 2024 | 2:36 pm

DRUG

Bright Minds Biosciences (NASDAQ:DRUG) shares are trading higher following a new collaboration with Firefly Neuroscience for EEG data analysis in their BREAKTHROUGH study. The stock previously soared 1,445% in a day, despite no specific news, and announced a private placement for R&D funding.

Portfolio Pulse from Adam Eckert

October 21, 2024 | 2:33 pm

LENZ

LENZ Therapeutics Inc (NASDAQ:LENZ) shares rose 2.6% after the FDA accepted its new drug application for LNZ100, targeting presbyopia. The FDA decision is expected by August 2025, with no advisory committee meeting planned. The NDA is supported by positive Phase 3 results.

Portfolio Pulse from Henry Khederian

October 21, 2024 | 2:32 pm

LUMN

META

PSCU

SKYY

Lumen Technologies partners with Meta Platforms to enhance Meta's AI capabilities through flexible, on-demand network solutions. This collaboration aims to boost Meta's network capacity, supporting its complex AI tasks. Lumen's stock rose 9.50% following the announcement.

Portfolio Pulse from Lekha Gupta

October 21, 2024 | 2:11 pm

TSLA

Elon Musk is expected to address investor concerns about Tesla's Robotaxi during the upcoming earnings call. Analysts are shifting focus back to Tesla's core business fundamentals, amid mixed results from price reductions and competition in China. Tesla's stock has been under scrutiny due to recent performance and delivery numbers.

Portfolio Pulse from Pooja Rajkumari

October 21, 2024 | 2:09 pm

MIRA

MIRA Pharmaceuticals is developing a THC analog that offers the benefits of THC without its negative side effects. Zacks Small-Cap Research has given MIRA a price valuation of $17.75.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 2:09 pm

DWAC

Trump Media & Technology Group shares rose after the US Supreme Court rejected Michael Cohen's lawsuit against Donald Trump. The company also launched Truth+ on iOS and Apple TV.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 2:09 pm

CRM

Salesforce has launched Government Cloud Premium, a new cloud service with top secret authorization, aimed at U.S. national security and intelligence agencies. This service offers SaaS and PaaS solutions, enabling no-code, low-code, and pro-code development with an API-first architecture for seamless integration of government systems and AI applications.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 2:05 pm

DAL

Delta Air Lines (NYSE:DAL) is experiencing a bullish trend with a Golden Cross on its stock chart, indicating potential for further gains. The stock is trading above key moving averages, although the RSI suggests it may be overbought. Delta is also enhancing its in-flight experience with new cabin interiors.

Portfolio Pulse from Surbhi Jain

October 21, 2024 | 2:01 pm