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SPRY

ARS Pharmaceuticals' Neffy, a needle-free nasal spray for allergic reactions, has been FDA approved. It offers convenience over traditional EpiPens but faces skepticism regarding real-world efficacy. Neffy is easier to carry and has a longer shelf life, but concerns about insurance coverage and effectiveness during actual emergencies remain.

Portfolio Pulse from Vandana Singh

August 23, 2024 | 3:43 pm

CCSO

LI

SMOG

Li Auto Inc. (NASDAQ:LI) has partnered with Shoucheng Holdings to develop 2,000 supercharging stations by year-end. This collaboration aims to enhance inner-city charging infrastructure. Li Auto's stock has declined over 45% in the past year, but shares are slightly up today.

Portfolio Pulse from Nabaparna Bhattacharya

August 23, 2024 | 3:37 pm

ABT

LLY

SPY

The U.S. CDC announced that free at-home COVID-19 test delivery programs will reopen in late September. This initiative aims to enhance public health measures and accessibility to testing.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 3:35 pm

SPY

The U.S. CDC announced that starting November 1, the Centers for Medicare & Medicaid Services (CMS) will mandate hospitals and critical access hospitals to electronically report data on flu, Covid-19, and RSV.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 3:30 pm

GLD

ITB

IWM

KRE

UUP

VNQ

XME

Jerome Powell's remarks on potential interest rate cuts led to a rally in small-cap stocks, gold reaching record highs, and a decline in the US dollar. Several ETFs, including IWM, GLD, VNQ, KRE, ITB, XME, and UUP, experienced significant movements in response to the news.

Portfolio Pulse from Piero Cingari

August 23, 2024 | 3:25 pm

NIO

NIO Inc. shares are trading higher as the company prepares to announce its Q2 2024 financial results. The stock is also benefiting from China's opposition to EU tariffs on EVs and NIO's infrastructure expansion plans.

Portfolio Pulse from Nabaparna Bhattacharya

August 23, 2024 | 3:23 pm

AAPL

AMZN

GLD

GOOG

META

MSFT

NVDA

QQQ

SLV

SPY

TSLA

USO

The article discusses the potential impact of Powell's speech at Jackson Hole and Nvidia's upcoming earnings on the stock market. It highlights the current resistance zone in the S&P 500 and the influence of the Bank of Japan's interest rate decisions on carry trades. Positive money flows are noted in major tech stocks and ETFs, while investors are advised to maintain a protection band strategy.

Portfolio Pulse from The Arora Report

August 23, 2024 | 3:16 pm

META

Meta has decided to cancel its high-end mixed-reality headset project. This decision may impact Meta's strategy in the mixed-reality market and could influence investor sentiment regarding the company's future product offerings.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 3:16 pm

AEM

Investors have taken a predominantly bearish stance on Agnico Eagle Mines (NYSE:AEM) as observed through recent options trading activity. The sentiment is 72% bearish with significant options trades targeting a price range of $85 to $90. The stock is currently trading at $82.5, up by 1.26%, with an analyst price target of $94.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 3:15 pm

META

SPOT

Meta and Spotify CEOs criticize EU AI regulations, claiming they hinder innovation and the use of open-source AI. Meta plans to withhold its next AI model from the EU due to regulatory uncertainty, while Spotify emphasizes the potential of AI in streaming. Both companies have previously criticized Apple's App Store practices.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 3:10 pm