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AGCO

CNI

LOW

MERC

MOS

STLA

TSLA

TSN

WFG

The Canadian railway strike involving Canadian National Railway Company and Canadian Pacific Kansas City Ltd. could significantly impact U.S. sectors reliant on Canadian goods, including automobiles, timber, and agricultural products. The strike affects $277 billion worth of goods annually, with major U.S. companies like Ford, General Motors, and Tesla potentially impacted.

Portfolio Pulse from Michael Juliano

August 22, 2024 | 7:20 pm

EGIO

Edgio shares rose following the announcement of a collaboration with BT Group to become the first MAUD-Enabled CDN.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 7:15 pm

CHKP

CRWD

CSCO

FTNT

HACK

ITA

LMT

NET

NOC

PANW

RTX

Market strategist Jay Woods identifies defense and cybersecurity sectors as potential winners regardless of the 2024 presidential election outcome. Key stocks in defense include Boeing, Northrop Grumman, General Dynamics, Lockheed Martin, RTX Corp, and GE Aerospace. In cybersecurity, CrowdStrike, Fortinet, Check Point Software, Palo Alto Networks, Cloudflare, and Cisco are highlighted.

Portfolio Pulse from Chris Katje

August 22, 2024 | 7:13 pm

BMY

Bristol-Myers Squibb announced that the FDA has scheduled an Oncologic Drugs Advisory Committee meeting for September 26 to discuss PD-L1 expression levels in gastric and esophageal cancers.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 7:08 pm

RTX

The U.S. State Department has approved a potential $592 million sale of Advanced Medium-Range Air-To-Air Missiles (AMRAAM) to Romania. This deal involves RTX Corporation, which is likely to supply these missiles.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 7:08 pm

BTC-USD

Donald Trump announced the launch of a new crypto platform, 'The DeFiant Ones', marking a significant shift in his stance on digital currencies. This move aligns with his campaign efforts and appeals to the pro-crypto community. The platform aims to challenge traditional banking systems and promote financial equality through decentralized finance.

Portfolio Pulse from Murtuza Merchant

August 22, 2024 | 6:44 pm

TSLA

Tesla shares are declining following the announcement of a delay in the Cybertruck's full self-driving rollout and an investigation by the National Transportation Safety Board into a Tesla vehicle crash.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 6:42 pm

NTDOY

TTWO

The U.S. video game industry saw a 10% increase in spending in July 2024, driven by strong sales in hardware, content, and accessories. Electronic Arts' EA Sports College Football 25 was a top seller. Despite a cautious 2024 outlook, 2025 is expected to see significant growth with new hardware from Nintendo and the release of Grand Theft Auto 6 by Take-Two Interactive.

Portfolio Pulse from Franca Quarneti

August 22, 2024 | 6:41 pm

LUCRF

LVMUY

XME

Lucara Diamond Corp announced the discovery of a massive 2,492-carat diamond in Botswana, the second-largest gem-quality diamond ever found. The discovery was made using advanced X-ray technology at the Karowe mine. This highlights Lucara's effective diamond recovery methods and commitment to shareholder value. The SPDR S&P Metals & Mining ETF, which includes precious metals, has seen mixed performance recently.

Portfolio Pulse from Natan Ponieman

August 22, 2024 | 6:41 pm

BNTX

MRNA

NVAX

PFE

The FDA has approved updated COVID-19 vaccines from Pfizer/BioNTech and Moderna, targeting the Omicron variant KP.2 strain. Novavax's vaccine was not included in this approval. The updated vaccines are expected to be available soon, with Pfizer and Moderna stocks experiencing a decline following the news.

Portfolio Pulse from Vandana Singh

August 22, 2024 | 6:33 pm