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Kevin Dreyer from Gabelli Funds suggests that small cap stocks, particularly those in the Russell 2000 index, are trading at a significant discount compared to large caps and are poised for a strong rally. This shift is attributed to the Federal Reserve's anticipated interest rate cuts. ETFs like iShares Russell 2000 ETF (IWM), Vanguard Russell 2000 ETF (VTWO), and Avantis U.S Small Cap Equity ETF (AVSC) are highlighted as ways to gain exposure to small caps.

Portfolio Pulse from Surbhi Jain

August 26, 2024 | 8:07 pm

AURA

Aura Biosciences will present Phase 2 study data on bel-sar for treating early-stage choroidal melanoma at the Retina Society Annual Meeting in 2024.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 8:07 pm

DCTH

Delcath Systems announced the publication of an independent study on its CHEMOSAT Hepatic Delivery System, showing high efficacy and safety in treating liver tumors. The study reported a 91% disease control rate and highlighted the importance of repeated treatments.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 8:05 pm

LBPH

Longboard Pharmaceuticals is set to present promising data on its drug Bexicaserin at the 15th Annual European Epilepsy Congress. The data highlights the drug's safety, efficacy, and therapeutic potential for treating developmental and epileptic encephalopathies. A Phase 3 program is planned to start this year.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 8:03 pm

GOSS

Gossamer Bio announced it will present two oral presentations and a poster on Seralutinib at the European Respiratory Society Congress 2024, including additional Phase 2 TORREY open-label extension data.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 8:02 pm

BVNRY

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SIGA

The WHO has announced a $135M strategic plan to combat the mpox outbreak, focusing on vaccination and prevention efforts. Companies like Bavarian Nordic, Emergent Biosolutions, GeoVax Labs, and SIGA Technologies, which are involved in mpox vaccines and treatments, have seen stock volatility.

Portfolio Pulse from Chris Katje

August 26, 2024 | 7:58 pm

PDD

Shein has filed a lawsuit against Temu, accusing it of copyright infringement and trade secret theft. The lawsuit claims Temu loses money on each sale and uses trademark infringement to compensate. Shein alleges Temu encourages sellers to infringe intellectual property rights and sell counterfeit goods. The legal battle highlights ongoing tensions between the two fast-fashion giants, both facing criticism for labor practices and IP issues.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 7:57 pm

INDO

Indonesia Energy Corporation (AMEX:INDO) shares are trading higher due to rising tensions in the Middle East, specifically between Israel and Hezbollah. The geopolitical situation is impacting the oil and gas sector, with additional concerns about potential disruptions in Libya's oil production.

Portfolio Pulse from Dylan Berman

August 26, 2024 | 7:50 pm

LUMN

Investors are showing mixed sentiment on Lumen Technologies (NYSE:LUMN) with significant options trading activity. The options trades are split evenly between bullish and bearish positions, with a price target range of $4.0 to $6.0. Lumen's stock is currently down 2.17% at $6.09, and the next earnings report is due in 64 days.

Portfolio Pulse from Benzinga Insights

August 26, 2024 | 7:45 pm

MUX

McEwen Mining's McEwen Copper has expanded its agreement with YPF Luz to power the Los Azules copper project with 100% renewable energy. This involves a high-voltage transmission line developed and financed by YPF Luz.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 7:41 pm