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SPOT

The New York Times plans to move its podcasts, including popular shows like 'Serial' and 'The Daily,' behind a paywall, limiting access to subscribers. This move is aimed at boosting subscription revenue.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 6:53 pm

UNCY

Unicycive Therapeutics shares are trading lower following the announcement of results from the Oxylanthanum Carbonate UNI-OLC-201 pivotal clinical trial.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 6:50 pm

BTCUSD

ETHUSD

Crypto trader Degentrading predicts Ethereum (ETH) could reach $6,000 by September 2024, driven by the launch of an Ethereum ETF and significant market inflows. He criticizes traditional finance's focus on Bitcoin and highlights Ethereum's lower liquidity as a factor for its potential price surge.

Portfolio Pulse from Khyathi Dalal

June 25, 2024 | 6:50 pm

KROS

MRK

Oppenheimer has initiated coverage on Keros Therapeutics (NASDAQ: KROS) with an Outperform rating and a price target of $102. The analyst highlights Keros' promising pipeline, including lead product KER-050 for MDS and myelofibrosis, KER-012 for PAH, and KER-065 for obesity. Keros is compared to Acceleron, which was acquired by Merck (NYSE: MRK) for $11.5 billion in 2021.

Portfolio Pulse from Vandana Singh

June 25, 2024 | 6:43 pm

DOGEUSD

Dogecoin (DOGE) has rallied 10% due to increased whale transactions, prompting optimistic predictions from traders. Significant transaction volume and daily address increases have been noted, with some experts setting long-term price targets at $1 and $2. However, caution is advised when investing in meme coins.

Portfolio Pulse from Khyathi Dalal

June 25, 2024 | 6:39 pm

GOSS

MRK

Oppenheimer initiated coverage on Gossamer Bio Inc (NASDAQ:GOSS) with an Outperform rating and a price target of $9, highlighting its clean safety profile for seralutinib in treating pulmonary arterial hypertension. Gossamer's competitor, Merck & Co Inc (NYSE:MRK), faces challenges with its drug Winrevair, which requires frequent monitoring and dose adjustments. Gossamer's strategic positioning and sufficient cash runway make it an attractive entry point for long-term investors.

Portfolio Pulse from Vandana Singh

June 25, 2024 | 6:39 pm

GOOG

GOOGL

Google has outlined the potential costs and implications of allowing third-party app stores, such as the Epic Games Store, to operate within the Google Play Store. The integration would require 12 to 18 months and cost between $60 million to $137 million. Google emphasizes that financial costs are not the only concern, citing risks to user safety and its reputation. Epic Games will have the opportunity to challenge Google's estimates, with a final court hearing scheduled for August 14.

Portfolio Pulse from Franca Quarneti

June 25, 2024 | 6:35 pm

AAPL

AMZN

EADSY

GOOG

META

MSFT

MU

NVDA

QQQ

SPY

TSLA

Nvidia (NVDA) has bounced off a mini support zone after an 18% drop, with future movements potentially influenced by Micron Technology (MU) earnings. Airbus (EADSY) faces supplier issues, and early trade shows positive money flows in several tech giants. Investors are advised to maintain a protection band strategy.

Portfolio Pulse from The Arora Report

June 25, 2024 | 6:35 pm

MU

Rosenblatt analyst Hans Mosesmann maintained a Buy rating on Micron Technology Inc (NASDAQ:MU) with a $225 price target. Mosesmann expects Micron to benefit from a significant memory cycle driven by AI demand and HBM industry ramp-up. Despite challenges in HBM supply, the analyst forecasts strong revenue growth for Micron.

Portfolio Pulse from Anusuya Lahiri

June 25, 2024 | 6:34 pm

LIT

XOM

Exxon Mobil has announced that it has no plans to expand into hard rock lithium mining or develop its own direct lithium extraction technology. Instead, the company will focus on its core competencies in subsurface fluids. However, Exxon is considering lithium expansion projects globally, according to executive Patrick Howarth.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 6:33 pm