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AGIO

Agios Pharmaceuticals announced that its Phase 3 ENERGIZE study of mitapivat in non-transfusion-dependent thalassemia achieved its primary endpoint, showing significant improvements in hemoglobin response rate and other health-related quality of life measures.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2024 | 4:38 pm

WONDF

WonderFi Technologies Inc has launched CoinSquare Alpha, a new crypto service aimed at institutional clients. This move is part of WonderFi's strategy to address imbalances in traditional financial systems and attract institutional investors. The service offers enhanced trading functionality, 24/7 API connectivity, and bespoke custody solutions.

Portfolio Pulse from Renato Capelj

June 15, 2024 | 4:13 pm

FFIE

FSRN

KARS

TSLA

WKHS

The EV sector saw significant developments this week, including Tesla's shareholder meeting, Fisker's recall, Workhorse's reverse stock split, and Faraday Future's new deliveries. Tesla's reapproval of Elon Musk's compensation plan and optimistic future projections were key highlights. Fisker faced challenges with a major recall, while Workhorse announced a reverse stock split and strategic collaborations. Faraday Future resumed deliveries and hinted at an affordable EV. Ford eased dealer investment norms due to slow EV adoption. The KraneShares Electric Vehicles and Future Mobility Index ETF fell 3.83% for the week.

Portfolio Pulse from Shanthi Rexaline

June 15, 2024 | 2:53 pm

BTCUSD

Robert Kiyosaki, author of 'Rich Dad, Poor Dad,' addressed Bitcoin skeptics, stating that while Bitcoin is currently high, it is not as high as it will go. He encourages buying Bitcoin despite its current price. Bitcoin has gained over 56% year-to-date, outperforming the S&P 500 Index. Regulatory uncertainty in an election year may be causing caution among investors.

Portfolio Pulse from Shanthi Rexaline

June 15, 2024 | 2:24 pm

AAPL

GME

TSLA

Benzinga reviewed the prospects of popular stocks, highlighting bullish and bearish views. Key points include Jim Cramer's optimism about GameStop, Tim Cook's announcement of new AI features for Apple, and concerns about Elon Musk's engagement with Tesla. Additionally, the FAA is investigating Boeing and Airbus for potentially falsified titanium parts.

Portfolio Pulse from Michael Cohen

June 15, 2024 | 1:21 pm

AAPL

AVGO

HPE

NVDA

TJX

Apple Inc. (AAPL) and Nvidia Corp. (NVDA) are identified as the most overbought stocks on Wall Street amid a surge driven by AI advancements. Apple’s stock increased by almost 8% this week, reaching record highs after announcing new AI features at its annual WWDC. Other overbought stocks include Hewlett Packard Enterprise Co. (HPE), The TJX Companies Inc. (TJX), and Broadcom Inc. (AVGO). Analysts suggest a potential pullback for these stocks due to high RSI levels.

Portfolio Pulse from Rounak Jain

June 15, 2024 | 10:00 am

BTCUSD

Canadian musician Drake is facing a potential $1 million loss in Bitcoin due to unsuccessful bets on the NHL and NBA finals. He placed $500,000 bets on the Edmonton Oilers and Dallas Mavericks, both of which are currently losing their series.

Portfolio Pulse from Rounak Jain

June 15, 2024 | 4:41 am

AAPL

ADBE

AVGO

NVDA

ORCL

Jim Cramer advises investors to consider taking profits from AI stocks like Apple, Nvidia, Oracle, Broadcom, and Adobe, which have seen significant gains recently. Despite his confidence in Nvidia, he warns against greed and suggests trimming AI-related investments.

Portfolio Pulse from Rounak Jain

June 15, 2024 | 2:57 am

COIN

Cryptocurrency markets are experiencing a downturn, with Bitcoin, Ethereum, and Dogecoin among the notable decliners. Bitcoin is trading around $65,000, and market sentiment is mixed. Data shows a decrease in Bitcoin's short liquidations and a drop in daily active addresses and large transaction volumes. Notable figures in the crypto space have commented on the current market conditions and regulatory issues.

Portfolio Pulse from Khyathi Dalal

June 14, 2024 | 9:11 pm

NFLX

Netflix Inc (NASDAQ:NFLX) is expanding its content partnership with Barack and Michelle Obama's media company, Higher Ground. The new multiyear first-look deal will include a variety of film and TV projects, building on the success of previous collaborations like 'Leave the World Behind.'

Portfolio Pulse from Chris Katje

June 14, 2024 | 8:39 pm