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FCX

Freeport-McMoRan shares are trading higher due to an increase in copper prices.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 7:31 pm

ALUR

Allurion Technologies, Inc. (NYSE:ALUR) shares surged 162.3% after the company announced a study showing significant weight loss and lean mass gain in patients using its Allurion Program. The study involved 571 patients and highlighted the benefits of real-time monitoring and personalized recommendations through Allurion's AI-powered platform.

Portfolio Pulse from Vaishali Prayag

June 20, 2024 | 7:25 pm

META

Meta Platforms Inc. (NASDAQ:META) shares are in focus due to a price target upgrade from KeyBanc and reports suggesting a potential U.S. ban on TikTok. KeyBanc raised its price target for Meta from $475 to $540, while other analysts also adjusted their targets. A TikTok ban could benefit Meta's competing products like Instagram Reels and Facebook.

Portfolio Pulse from Vaishali Prayag

June 20, 2024 | 7:14 pm

PLTR

Shares of Palantir Technologies Inc. (NYSE:PLTR) are trading lower after announcing a new contract with Starlab Space. The stock appears overbought and is approaching a resistance level, suggesting a potential price reversal.

Portfolio Pulse from Mark Putrino

June 20, 2024 | 7:09 pm

ARES

BX

CG

MGM

Red Bull is reportedly considering a $4 billion investment to bring an NBA franchise to Las Vegas. This move could significantly impact the sports landscape in the city, which is already home to NHL, NFL, and soon MLB teams. Private equity firms like Ares Management, Blackstone, and Carlyle Group are also interested in sports team investments. T-Mobile Arena, partially owned by MGM Resorts, could be a potential venue for the new team.

Portfolio Pulse from Hayden Buckfire

June 20, 2024 | 7:00 pm

BTCUSD

The article highlights the contributions of Max Keiser, a long-time Bitcoin advocate, who has been a consistent supporter of the cryptocurrency since its early days. Keiser's influence extends to advising the President of El Salvador on Bitcoin adoption and predicting significant future value for Bitcoin.

Portfolio Pulse from Khyathi Dalal

June 20, 2024 | 6:59 pm

FOX

FOXA

FOX News Media will broadcast live coverage of the Biden-Trump presidential debate on June 27 in Atlanta across all key platforms. Bret Baier and Martha MacCallum will lead the extensive coverage for 'FOX News Democracy 2024'.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 6:52 pm

AMZN

Amazon shares are trading higher due to the general availability of Anthropic’s AI model Claude 3.5 Sonnet in Amazon Bedrock and the introduction of new technology features by Amazon Business. Amazon has invested $4 billion in Anthropic and aims to enhance business procurement efficiency with new tools.

Portfolio Pulse from Adam Eckert

June 20, 2024 | 6:41 pm

ZAPP

Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP) shares surged after the company reported improved financial results for the first half of fiscal year 2024 and raised its business outlook. The company reduced its net loss and operating loss compared to the same period in 2023 and expects significant sales growth in the coming years.

Portfolio Pulse from Erica Kollmann

June 20, 2024 | 6:41 pm

AVAXUSD

BTCUSD

DOGEUSD

Altcoin Sherpa, a well-known crypto trader, analyzed the current state of the 'meme coin super cycle,' discussing the pros and cons of investing in meme coins like Dogecoin. He highlighted the speculative nature and accessibility of meme coins but also warned about the risks of scams and insider control. Sherpa suggested a diversified portfolio strategy, including both top assets like Bitcoin and meme coins for high returns.

Portfolio Pulse from Khyathi Dalal

June 20, 2024 | 6:40 pm