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BCC

Boise Cascade has indicated that future product pricing, especially for commodity products, and input costs may be volatile due to economic uncertainties, industry operating rates, supply-related disruptions, transportation constraints, net import and export activity, inventory levels, and seasonal demand patterns.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:13 pm

VNOM

Viper Energy has announced its average daily production guidance for Q3, projecting 26,500 to 27,000 barrels of oil per day (bo/d), which represents a 1.5% growth quarter-over-quarter. Additionally, the company has increased its full-year 2024 average daily production guidance to 26,000 to 26,750 bo/d.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:13 pm

LCID

Lucid Group has announced its expectation to manufacture approximately 9,000 vehicles in 2024.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:08 pm

DIS

FOX

FOXA

NXST

WBD

Plans for a presidential debate between Kamala Harris and Donald Trump have hit a roadblock. Media companies, including Warner Bros. Discovery's CNN, The Walt Disney Company's ABC News, Fox Corporation, and Nexstar Media Group's NewsNation, are vying to host the debate. NewsNation has proposed a non-partisan debate, which could be a significant opportunity for the smaller media outlet.

Portfolio Pulse from Chris Katje

August 05, 2024 | 8:08 pm

HPK

HighPeak Energy has increased its 2024 average production guidance to a range of 45,000 to 49,000 barrels of oil equivalent per day (Boe/d).

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:04 pm

FANG

Diamondback Energy has increased its full-year production guidance and lowered its annual capital expenditure guidance due to significant operational efficiencies achieved in the first half of the year. The company drilled 80 wells and brought online 86 wells in Q2, achieving faster drilling rates and higher completion rates than initially budgeted.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:04 pm

BMRN

BioMarin Pharmaceutical Inc. (BMRN) announced plans to reduce operating expenses to achieve profitability for its gene therapy, ROCTAVIAN, by the end of 2025. The company will focus its commercial operations on the US, Germany, and Italy, while continuing to monitor and support treated patients.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:02 pm

BTCUSD

DOGEUSD

PEPEUSD

SHIBUSD

Crypto trader CryptoKaleo believes the 'memecoin supercycle' is still in play despite the recent crypto market crash. He predicts that as the dollar weakens, money will flow into equities, Bitcoin, and major blockchains, with retail investors gravitating towards meme coins. The meme coin market capitalization is currently $37 billion, down 13% in the past 24 hours. Despite recent corrections, meme coins like Dogecoin, Shiba Inu, and Pepe have shown significant long-term gains.

Portfolio Pulse from Khyathi Dalal

August 05, 2024 | 7:48 pm

BTCUSD

Vice President Kamala Harris and former President Donald Trump have sparked debate in the cryptocurrency community with their differing views on Bitcoin and crypto policies. Harris's outreach to the crypto community is seen as political maneuvering by some, while Trump’s radical ideas on using Bitcoin to pay off national debt have been criticized by economists. Harris's potential anti-crypto running mate and Trump's past increase in national debt add complexity to their stances.

Portfolio Pulse from Abbey Higginbotham

August 05, 2024 | 7:45 pm

SAVA

Cassava Sciences, Inc. (NASDAQ:SAVA) shares are trading higher due to an upcoming conference call, extended trials for simufilam, and the passing of a long-time board member. Analysts expect an EPS loss of 40 cents.

Portfolio Pulse from Vaishali Prayag

August 05, 2024 | 7:44 pm