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JNJ

Johnson and Johnson (NYSE:JNJ) shares are trending on Friday following positive results from two clinical trials and Health Canada's authorization for RYBREVANT in combination with platinum-based chemotherapy. The company also received an Overweight rating and a $215 price target from Cantor Fitzgerald.

Portfolio Pulse from Dylan Berman

July 05, 2024 | 3:02 pm

BTCUSD

MSTR

MicroStrategy's stock (NASDAQ:MSTR) is trading lower as Bitcoin experiences a significant drop. The company holds a large amount of Bitcoin, making its stock price sensitive to Bitcoin's fluctuations. Bitcoin's recent decline is partly due to movements by Mt. Gox, potentially preparing for creditor payouts. Despite the drop, analysts have high price targets for MicroStrategy, suggesting potential upside.

Portfolio Pulse from Erica Kollmann

July 05, 2024 | 3:02 pm

GSK

PFE

The FDA is evaluating the potential risk of neural tube birth defects associated with the HIV medicine dolutegravir, which is found in Juluca, Tivicay, and Triumeq. This evaluation could impact companies involved in the production and distribution of these medications.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:02 pm

TSLA

Several state-owned firms in Shanghai have purchased Tesla's Model Y vehicles, indicating strong demand for Tesla's products in China.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:02 pm

XOM

Exxon Mobil (NYSE:XOM) has seen a surge in unusual options trading activity, with significant trades indicating mixed sentiment among big-money investors. The options trades include both bullish and bearish positions, targeting a price range of $95 to $120. Analysts have issued mixed ratings, with a consensus target price of $139.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 3:02 pm

JNJ

KMB

PG

A new study reveals that tampons from various brands contain toxic metals like lead and arsenic, posing potential health risks to women. The study, published in Environment International, highlights the need for further research on the health impacts of these metals in menstrual products.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:02 pm

ANET

Investors with significant capital have taken a bearish stance on Arista Networks (NYSE:ANET), as observed through unusual options trades tracked by Benzinga. The sentiment is split with 33% bullish and 55% bearish. The trading volumes and open interest suggest a focus on a price band between $290.0 and $390.0. The stock is currently trading at $363.17, down by 0.62%, and may be overbought according to RSI values.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 3:02 pm

BYDDY

BYD Co., Ltd. (OTC:BYDDY) is under scrutiny in Thailand for aggressive discounting practices that have led to customer dissatisfaction. The Thai consumer protection agency has received around 70 complaints. BYD's CEO has assured fair future pricing and assistance for affected customers. Additionally, Denza, BYD's premium brand, has unveiled details of its new Z9GT model.

Portfolio Pulse from Nabaparna Bhattacharya

July 05, 2024 | 3:02 pm

AAPL

ADBE

QCOM

XLV

On CNBC's 'Halftime Report Final Trades,' experts recommended Apple, Adobe, Qualcomm, and the Health Care Select Sector SPDR Fund. Apple is working on new versions of its Vision Pro headset. Adobe received a price target increase from DA Davidson. Qualcomm settled a lawsuit for $75 million.

Portfolio Pulse from Avi Kapoor

July 05, 2024 | 3:02 pm

F

GM

WKSP

Ford and GM reported strong quarterly sales, driven by increased EV and pickup truck sales. Ford's EV sales grew to 4.4% of its total volume, while GM's EV sales increased by 40% YoY. However, GM faces a $145.8 million penalty for CO2 emissions violations. Worksport is set to release a solar-powered tonneau cover and portable battery system for EVs this summer.

Portfolio Pulse from Upwallstreet

July 05, 2024 | 3:02 pm