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NUMIF

Numinus Wellness Inc. plans to acquire MedBright AI Investments Inc. to leverage AI technology for improved healthcare delivery. The acquisition aims to enhance clinical operations, reduce costs, and improve patient outcomes. Numinus will issue approximately 204.7 million shares for the deal and rebrand as Numinus Intelligence.

Portfolio Pulse from Jelena Martinovic

June 22, 2024 | 6:35 pm

AAPL

MSFT

NVDA

Nvidia (NVDA) briefly surpassed Microsoft (MSFT) as the most valuable company globally, driven by high demand for its GPUs in AI development. Despite its promising outlook, the longevity of the AI boom remains uncertain, which could impact Nvidia's market position.

Portfolio Pulse from Bibhu Pattnaik

June 22, 2024 | 4:55 pm

AAPL

DJT

GME

NVDA

TSLA

Benzinga reviewed the prospects of popular stocks and assets, highlighting bullish and bearish sentiments. Key mentions include Nvidia, GameStop, Trump Media, Apple, and Tesla. The S&P 500 and Nasdaq 100 hit record highs, while oil prices rebounded, boosting energy stocks.

Portfolio Pulse from Michael Cohen

June 22, 2024 | 12:55 pm

BTCUSD

SOLUSD

Prominent crypto analyst DonAlt shared insights on Bitcoin (BTC), Solana (SOL), and dogwifhat (WIF), highlighting critical levels and potential trends. Bitcoin is at a 'do-or-die' level, Solana has seen a 37% drop, and dogwifhat is facing sharp declines.

Portfolio Pulse from Ananya Gairola

June 22, 2024 | 11:24 am

AAPL

Apple Inc. (NASDAQ:AAPL) will exclude three major features from its upcoming iOS 18 and macOS Sequoia for EU customers due to regulatory concerns related to the Digital Markets Act (DMA). The features are Apple Intelligence, iPhone Mirroring to macOS Sequoia, and SharePlay Screen Sharing.

Portfolio Pulse from Rounak Jain

June 22, 2024 | 8:21 am

AAPL

Apple Inc. (NASDAQ:AAPL) is expected to see a 14% surge in its stock price due to advancements in AI, according to CFRA and Bernstein. Despite a slower year compared to its Mag 7 peers, analysts have raised their price targets to $240 per share. Apple's AI initiatives, particularly the 'Apple Intelligence' product, are anticipated to drive consumer upgrades and long-term growth.

Portfolio Pulse from Navdeep Yadav

June 22, 2024 | 8:21 am

GILD

NVDA

SOXX

SPY

TSLA

This week in the market saw the S&P 500 and Nasdaq 100 indices reach new historic highs, driven by strong performance in the technology and semiconductor sectors. Nvidia (NVDA) ended its eight-week winning streak, dropping over 4%, which also impacted the iShares Semiconductor ETF (SOXX). Gilead Sciences (GILD) was the top performer in the S&P 500 due to positive data on its HIV prevention drug. Oil prices rebounded, and the SPDR S&P 500 ETF Trust (SPY) saw significant outflows. Tesla (TSLA) continues to invest heavily in AI hardware.

Portfolio Pulse from Piero Cingari

June 21, 2024 | 8:18 pm

CDK

SAH

Sonic Automotive (SAH) reported that CDK Global (CDK) has notified its dealership customers about a suspension of some systems due to a cybersecurity incident. This has caused disruptions to Sonic Automotive's dealer management system hosted by CDK.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 8:14 pm

EPOW

FXI

Sunrise New Energy's subsidiary has been selected for the '2024 Guizhou Provincial Key Projects For Promoting Intellectual Property Utilization' funding list. This selection is expected to enhance the company's intellectual property capabilities and drive future growth.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 8:08 pm

AAPL

AMZN

GOOG

IWD

IWF