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GLD

IBIT

The iShares Bitcoin Trust ETF (IBIT) has seen a decline, dropping below key averages and signaling a bearish trend. Despite a strong start in 2024, the ETF is down 20.94% over the last six months. Critics like Peter Schiff argue that Bitcoin ETFs have underperformed compared to gold ETFs. Technical indicators suggest further downward momentum for IBIT.

Portfolio Pulse from Surbhi Jain

September 10, 2024 | 2:50 pm

CYBR

Proofpoint and CyberArk have expanded their strategic collaboration to enhance identity security and combat phishing across various channels. They have launched new integrations and solutions to tackle key cybersecurity challenges.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 2:46 pm

NSC

Norfolk Southern reports no impact from Tropical Storm Francine, with operations continuing as scheduled. However, the Port of New Orleans will close flood gates, and customers in the Southeast and Mid-Atlantic regions should expect delays.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 2:44 pm

NVDA

Groq, a rival to Nvidia, announced a partnership with Aramco Digital to deploy AI in Saudi Arabia by 2024. Groq aims to match Microsoft-OpenAI's 2023 capacity by 2025, with plans to expand further. This move positions Groq as a significant player in the AI industry.

Portfolio Pulse from Rounak Jain

September 10, 2024 | 2:40 pm

AZ

A2Z Cust2Mate's shares rose following the announcement of a partnership with Nayax to introduce a smart cart payment system for retail stores.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 2:33 pm

BA

Boeing is advancing quantum communications technology with the planned launch of a test satellite, Q4s, in 2026. This initiative marks a significant step in space-based quantum communications.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 2:20 pm

JPM

JP Morgan's President announced that the company expects to gain $2 billion in benefits from AI this year. This statement was made during a conference, highlighting the significant impact AI is anticipated to have on the company's financial performance.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 2:19 pm

EADSY

Airbus CEO acknowledges the aerospace industry's underestimation of workforce replacement post-COVID-19. Airbus plans to launch a new airplane by the end of the decade, focusing on reducing fuel burn by 25% with potential use of open-rotor engines.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 2:19 pm

AZN

SOPH

SOPHiA GENETICS and AstraZeneca have partnered to expand global access to liquid biopsy testing. They plan to deploy the MSK-ACCESS test, powered by SOPHiA DDM, to 20 locations worldwide over the next 12 months.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 2:18 pm

CPB

Campbell Soup Company plans to increase the share of its leadership brands to 88% by the fiscal year 2027, as stated by an executive during a conference call.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 2:15 pm