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FREY

Freyr Battery Inc (NYSE:FREY) shares are trading higher after the company announced a significant technical achievement at its Customer Qualification Plant in Norway. The company successfully produced unit cells in a continuous process, which enhances its production capabilities and strengthens its position as an industrialization partner.

Portfolio Pulse from Adam Eckert

June 24, 2024 | 3:21 pm

RGLS

Regulus Therapeutics shares are trading lower after the company announced results in the Phase 1b Study for ADPKD treatment. The stock initially traded higher, but it has since reversed.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 3:17 pm

EWC

FXI

TSLA

Canada's Finance Minister announced measures to protect the auto industry from unfair competition, particularly from China's overcapacity in electric vehicles (EVs). A 30-day consultation starting July 2 will explore potential policy responses, including tariffs on Chinese EVs. This move aligns with actions from the EU and U.S.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 3:16 pm

BTCUSD

ETHUSD

The article outlines five key mistakes crypto traders should avoid during a bull market, including choosing between perpetual and options trading, utilizing a diamond hands strategy, knowing when to cut losses, diversifying with blue chips like BTC and ETH, and practicing smart trading by taking profits.

Portfolio Pulse from Edward Mehrez

June 24, 2024 | 3:12 pm

AVGO

NVDA

SMH

SOXX

TSM

Taiwan Semiconductor Manufacturing Co (TSM) is set to play a crucial role in a potential collaboration between ByteDance and Broadcom (AVGO) for developing a 5-nanometer AI processor. TSM stock is trading lower on Monday despite its significant gains over the past year. Investors can gain exposure to the semiconductor sector via VanEck Semiconductor ETF (SMH) and iShares Semiconductor ETF (SOXX).

Portfolio Pulse from Anusuya Lahiri

June 24, 2024 | 3:11 pm

BTCUSD

COIN

ETHUSD

Coinbase Global, Inc. (NASDAQ:COIN) shares are trading lower as Bitcoin falls below $62,000. Investors are eyeing the potential approval of a spot Ethereum ETF as a future catalyst. Analysts are divided on the impact of such an ETF, with some predicting a price drop and others forecasting significant gains for Ether. Wall Street analysts have mixed ratings on Coinbase, with an average 12-month price target of $248.17.

Portfolio Pulse from Erica Kollmann

June 24, 2024 | 3:07 pm

IYK

PEP

XLP

PepsiCo has waived a clause in its bottling agreement with Britvic, making Britvic a more appealing acquisition target for Carlsberg. This follows Britvic's rejection of a $3.9 billion bid from Carlsberg. The waiver will take effect if Britvic's board recommends and completes an acquisition by Carlsberg. PepsiCo's stock has lost more than 9% in the last 12 months, but shares were trading higher by 1.07% at $169.07 recently.

Portfolio Pulse from Shivani Kumaresan

June 24, 2024 | 3:02 pm

IIPR

Cody Shandraw, president of Healing Realty Trust, discussed the role of real estate in the growth of psychedelic therapies on Benzinga’s Cannabis Insider podcast. Shandraw highlighted the importance of specialized facilities for treatments like MDMA-assisted therapy and mentioned his investment in Innovative Industrial Properties (NYSE:IIPR) as a pivotal moment. Healing Realty Trust aims to develop real estate solutions to support the expansion of psychedelic therapies, with potential future expansions and an IPO.

Portfolio Pulse from Patricio Liddle

June 24, 2024 | 3:01 pm

TERN

Terns Pharmaceuticals shares are trading higher following the announcement that the company will present preclinical data on TERN-501 in combination with a GLP-1 receptor agonist for obesity at the American Diabetes Association 84th Scientific Sessions.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 2:58 pm

TDOC

Teledoc Health shares are trading higher after the company announced new research showing that its predictive AI-modeling has led to increased engagement among diabetes members.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 2:56 pm