Streetbeat News

Products Services

DOGEUSD

Dogecoin (DOGE) has experienced a 13% decline over the past week, with bearish chart patterns indicating a potential drop to $0.08. Despite this, there is a surge in demand from small businesses and significant accumulation by Dogecoin whales, who have purchased over 1 billion DOGE worth $108.7 million in the last 24 hours. Large transaction volumes have increased, but daily active addresses and transactions over $100,000 have decreased.

Portfolio Pulse from Khyathi Dalal

October 04, 2024 | 2:01 pm

ARM

INTC

NVDA

TSM

Arm Holdings PLC (NASDAQ:ARM) has shown impressive growth, but technical indicators suggest a short-term bearish trend. Despite this, ARM remains integral to SoftBank's AI ambitions, positioning for long-term growth. Investors should be cautious in the short term but consider long-term potential.

Portfolio Pulse from Surbhi Jain

October 04, 2024 | 1:46 pm

EXAS

GH

The FDA has approved Exact Sciences Corp.'s Cologuard Plus test, a next-generation colorectal cancer diagnostic for adults 45 and older. The test showed high sensitivity and specificity in the pivotal BLUE-C study. It will launch in 2025 and is expected to be covered by Medicare. Exact Sciences' stock rose 1.94% following the news.

Portfolio Pulse from Vandana Singh

October 04, 2024 | 1:41 pm

CME

NVDA

TTD

On CNBC's 'Halftime Report Final Trades,' Nvidia, CME Group, and The Trade Desk were highlighted. Nvidia's CEO announced the production of Blackwell chips, CME reported record trading volumes, and The Trade Desk received a price target upgrade.

Portfolio Pulse from Avi Kapoor

October 04, 2024 | 1:26 pm

GSAT

Globalstar, Inc. (NYSE:GSAT) is collaborating with Global Telecom, Alliance, and Hawk Networks to use Band 53 spectrum for high-value applications in the U.S. This partnership aims to enhance connectivity through carrier aggregation with the Citizens Broadband Radio Service (CBRS).

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 1:26 pm

CIBR

CSCO

IYZ

NVDA

Cisco Systems, Inc. (NASDAQ:CSCO) shares are trading slightly higher following news of its investment in CoreWeave, a cloud-computing provider. This move aligns with the trend of tech companies investing in AI infrastructure. The deal allows Cisco shareholders to tender $400-$500 million of their holdings. CSCO stock has lost over 1% in the past year, but recent technical analysis suggests potential for a breakout.

Portfolio Pulse from Nabaparna Bhattacharya

October 04, 2024 | 1:25 pm

GOOG

GOOGL

TSLA

Hyundai and Alphabet's Waymo have announced a multi-year partnership to integrate Waymo's autonomous technology into Hyundai's IONIQ 5 SUV, marking a significant step in the autonomous vehicle industry. This collaboration aims to expand Waymo's autonomous taxi services.

Portfolio Pulse from Benzinga Neuro

October 04, 2024 | 1:21 pm

MDT

Medtronic has initiated a recall of its MiniMed insulin pumps due to battery life concerns, which could lead to serious health risks. The FDA has classified this as a class I recall, the most serious type. Medtronic advises users to monitor battery alerts closely and carry extra batteries.

Portfolio Pulse from Vandana Singh

October 04, 2024 | 1:21 pm

META

Meta AI has introduced Meta Movie Gen, a generative AI tool for media creation, allowing users to create and edit videos, images, and audio using simple text inputs. This tool is part of Meta's ongoing efforts to enhance creativity through AI, building on previous models like Make-A-Scene and Llama Image. While not a replacement for artists, Movie Gen aims to democratize content creation.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 1:19 pm

CAPR

Capricor Therapeutics will present long-term data from its HOPE-2 open-label extension study at the 2024 World Muscle Society Congress. The study focuses on the safety and efficacy of deramiocel for treating Duchenne muscular dystrophy.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 1:15 pm