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IYG

MA

XLF

Mastercard has launched its Payment Passkey Service globally to enhance online shopping security by using tokenized transactions and biometric authentication. The service aims to reduce fraud and improve approval rates, initially piloted in India, and will expand globally. Mastercard's stock is accessible via ETFs like iShares U.S. Financial Services ETF (IYG) and Financial Select Sector SPDR Fund (XLF).

Portfolio Pulse from Lekha Gupta

August 29, 2024 | 1:00 pm

F

GM

US EV sales are projected to reach only 9% in 2024, down from a 12% estimate, due to slower growth and increased competition from gasoline vehicles. Ford and GM are adjusting strategies, impacting the EV battery supply chain. Long-term EV market outlook remains optimistic.

Portfolio Pulse from Benzinga Neuro

August 29, 2024 | 12:49 pm

TM

TSLA

Toyota and Tesla are experiencing declining vehicle sales in China due to severe market conditions and intense competition. Toyota's sales in China dropped 10% year-on-year, while Tesla's sales fell 0.3%. The Chinese EV market is highly competitive, with companies like BYD seeing growth.

Portfolio Pulse from Anan Ashraf

August 29, 2024 | 12:45 pm

SHOT

Safety Shot shares rose following the announcement of positive clinical data results from a double-blind, randomized, placebo-controlled study.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 12:44 pm

BLDR

SERV

VKTX

VRTX

Jim Cramer discussed several stocks on CNBC's 'Mad Money Lightning Round.' He praised Vertex Pharmaceuticals for its strong performance and revenue guidance increase. Builders FirstSource is recommended as a buy, while Viking Therapeutics faces challenges due to high factory costs. Serve Robotics is not recommended due to its financial losses.

Portfolio Pulse from Avi Kapoor

August 29, 2024 | 12:42 pm

BHAT

Blue Hat Interactive Entertainment Technology (NASDAQ:BHAT) has executed a $66.49 million acquisition of 1,000 kilograms of gold, marking the launch of its gold supply chain business. This strategic move aims to establish a presence in the gold market by supplying gold to refineries, wholesalers, and retailers.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 12:38 pm

SHOT

Safety Shot has reported clinical study results indicating that their product can rapidly reduce blood alcohol content and acetaldehyde levels, mitigating the negative effects of heavy drinking within 30 minutes.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 12:36 pm

CLSK

IREN

MARA

RIOT

Iris Energy aims to reach 50 EH/s in Bitcoin mining by 2025, aligning with U.S. giants like CleanSpark, Marathon, and Riot. Despite exiting power trading and losing a partner, Iris is financially strong with $405M cash and no debt, but faces rising expenses.

Portfolio Pulse from Surbhi Jain

August 29, 2024 | 12:35 pm

IVDA

Iveda has filed a patent for its LevelNOW liquid storage management IoT sensor, which is designed to enhance the monitoring and management of liquid storage systems.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 12:33 pm

FEMY

Femasys has received CE Mark and Health Canada approval for its FemVue MINI, a fallopian tube assessment solution. This development could enhance the company's market presence in Europe and Canada.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 12:32 pm