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ETHUSD

Lawmakers are urging SEC Chair Gary Gensler to approve Ether ETFs, citing the previous approval of Bitcoin funds. This push is led by five members of the House Financial Services Committee, including Rep. French Hill.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 12:12 pm

AMRC

Ameresco and Envision Energy have been selected by Atlantic Green to build Cellarhead, a 300MW battery energy storage project with a 624MWh capacity.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 12:06 pm

UNH

UnitedHealthcare has been selected by the State of Kansas to continue serving Medicaid and Children's Health Insurance Program beneficiaries under KanCare, effective January 1, 2025. This selection ensures that Kansas residents will have ongoing access to UnitedHealthcare's comprehensive care and wellness programs.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 12:06 pm

BTCUSD

DOGEUSD

ETHUSD

Dormant Bitcoin, Ethereum, and Dogecoin whale wallets have been reactivated ahead of a potential Ethereum ETF approval. Significant movements in these wallets could impact the crypto market. Ethereum's price surged by 13% on the news of a possible ETF approval, with high implied volatility indicating market expectations of significant price fluctuations.

Portfolio Pulse from Khyathi Dalal

May 23, 2024 | 12:05 pm

NVEE

NV5 Global, Inc. (NASDAQ:NVEE) has been awarded $12 million in geospatial contracts in the defense, intelligence, and federal civilian market space. The contracts involve six branches of the U.S. Department of Defense and address national security concerns both internationally and domestically.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 12:03 pm

NVDA

Nvidia Corp (NASDAQ:NVDA) is playing a crucial role in the global push for 'Sovereign AI,' which could significantly boost its long-term growth. The company is providing essential architectures, hardware, and expertise to support national AI initiatives. Nvidia's strong performance and strategic moves, including a 150% dividend hike and a 10-for-1 stock split, further solidify its market leadership.

Portfolio Pulse from Kaustubh Bagalkote

May 23, 2024 | 11:30 am

AAPL

MSFT

NVDA

SOXL

SOXS

TSM

Taiwan Semiconductor Manufacturing Co (TSMC) projects a 10% annual revenue growth in the global semiconductor industry, excluding memory chips. TSMC expects second-quarter sales to grow by up to 30% due to AI demand. The company plans to triple its 3 nm family capacity and grow its CoWoS capacity significantly. TSMC reported a 16.5% revenue growth in Q1, surpassing analyst expectations. TSMC stock gained 73% in the last 12 months.

Portfolio Pulse from Anusuya Lahiri

May 23, 2024 | 11:29 am

AMAT

ASML

TSM

Top chipmakers, including Applied Materials (AMAT), Taiwan Semiconductor Manufacturing Co (TSM), and ASML Holding NV (ASML), forecast revenue growth due to increased AI and consumer product demand. AMAT projects significant revenue for the May-July quarter, driven by high bandwidth memory used in AI computing. Despite a previous downturn, the market shows signs of recovery.

Portfolio Pulse from Anusuya Lahiri

May 23, 2024 | 11:24 am

ONMD

OneMedNet has reported a significant expansion of its proprietary iRWD Network and Platform, with year-to-date increases in partner sites, patients, and clinical exams growing by 472%, 170%, and 122%, respectively, since the end of 2023.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 11:23 am

AZN

IONS

Ionis Pharmaceuticals will present new subgroup analyses from the Phase 3 NEURO-TTRansform study of Wainua (Eplontersen) at the 2024 International Symposium on Amyloidosis. Wainua was approved by the FDA in December 2023 for the treatment of hATTR-PN in adults.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 11:21 am