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ANGO

ELAB

KXIN

NGVT

TOVX

U.S. stocks showed mixed performance with the Nasdaq Composite gaining slightly. Crude oil prices jumped over 4%, while the U.S. services PMI was revised lower. Notable stock movements included Elevai Labs Inc. surging 67% and AngioDynamics, Inc. dropping 19% after earnings results.

Portfolio Pulse from Avi Kapoor

October 03, 2024 | 4:12 pm

GOOGL

YouTube announced that starting October 15, users can upload Shorts up to 3 minutes long. This update aims to enhance user engagement and content creation on the platform.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 4:05 pm

ABUS

ALNY

MRNA

Alnylam Pharmaceuticals conceded its patent infringement case against Moderna regarding mRNA technology used in Moderna's COVID-19 vaccine. The court ruled in favor of Moderna, confirming no infringement on Alnylam's patents. Both parties agreed to dismiss counterclaims without prejudice.

Portfolio Pulse from Vandana Singh

October 03, 2024 | 4:00 pm

GEHC

GE HealthCare's MIM Software has received FDA clearance for its Monte Carlo Dosimetry for theranostics, marking a significant advancement in medical imaging and treatment planning.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 4:00 pm

AMTX

LTBR

MPC

TPL

VGAS

VLO

Oil and gas stocks are rising after reports that President Biden is considering supporting Israel in striking Iran's oil facilities.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 3:59 pm

CHPT

EVGO

EVgo Inc (NASDAQ:EVGO) is expected to outperform ChargePoint Holdings Inc (NYSE:CHPT) in the EV charging sector. EVgo's scalable business model and higher utilization give it an edge, with potential profitability by 2025. ChargePoint struggles with hardware sales and profitability concerns.

Portfolio Pulse from Surbhi Jain

October 03, 2024 | 3:58 pm

NVDA

PSI

XSD

Nvidia Corp (NASDAQ:NVDA) is advancing spatial AI and robotics, focusing on the physical world through its Omniverse platform. The stock is up due to U.S. semiconductor sector reforms and high demand for its Blackwell GPU. Nvidia has seen a 173% increase over the past year, despite a recent 6% drop. Investors can also gain exposure through Invesco Semiconductors ETF (NYSE:PSI) and SPDR S&P Semiconductor ETF (NYSE:XSD). Analysts have a positive outlook on Nvidia, with a 12-month price target suggesting further upside.

Portfolio Pulse from Anusuya Lahiri

October 03, 2024 | 3:49 pm

META

Elon Musk has surpassed 200 million followers on X, formerly Twitter, making him the most-followed person on the platform. This milestone highlights Musk's significant influence on social media. The article also compares follower counts on Instagram, owned by Meta Platforms, where Cristiano Ronaldo leads with 639 million followers.

Portfolio Pulse from Chris Katje

October 03, 2024 | 3:44 pm

RDFN

XLRE

Redfin CEO Glenn Kelman discussed the real estate industry and housing demand on CNBC. The Real Estate Select Sector SPDR Fund ETF was also mentioned.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 3:42 pm

AAPL

AMZN

GOOG

META

MSFT

NVDA

QQQ

SPY

TLT

TSLA

The article discusses the current market dynamics, highlighting the cognitive dissonance among investors who are buying both stocks and bonds. It mentions the high demand for Nvidia chips, the geopolitical tensions involving Israel and Iran, and the impact of these factors on various ETFs and stocks. The article also provides insights into money flows in major tech stocks and ETFs, and advises on investment strategies considering the current economic and geopolitical climate.

Portfolio Pulse from The Arora Report

October 03, 2024 | 3:39 pm