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GOOG

GOOGL

The U.S. Justice Department is reportedly considering divesting Alphabet's Android operating system and Google's Chrome browser as part of a potential breakup, according to Bloomberg News.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 8:39 pm

NPCE

NeuroPace has raised its FY24 revenue guidance from $73M-$77M to $76M-$78M, surpassing the estimated $75.899M. The company expects revenue growth to be driven by increasing sales of its RNS System and higher sales of DIXI Medical stereo EEG products.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 8:31 pm

TLRY

A new study reveals that cannabis users may experience better outcomes after heart attacks compared to non-users, challenging previous beliefs about cannabis and heart health. The study analyzed data from over 9 million patients and found that cannabis users had lower odds of severe complications and in-hospital mortality. The findings are particularly relevant as cannabis gains social acceptance and legal status. The study also aligns with evidence from Tilray Brands, Inc. (NASDAQ:TLRY) on the therapeutic benefits of cannabis.

Portfolio Pulse from Patricio Liddle

August 13, 2024 | 8:29 pm

CC

The Chemours Company has opened a new Battery Innovation Center in Newark, Delaware, aimed at testing and scaling next-generation battery technologies for electric vehicles. This multi-million-dollar investment supports advancements in hybrid and electric vehicles.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 8:28 pm

RNA

Avidity Biosciences, Inc. (NASDAQ:RNA) announced a proposed $250 million public offering of common stock, with an additional 30-day option for underwriters to purchase up to $37.5 million more. The proceeds will fund clinical programs, R&D for its AOC platform, and general corporate purposes. Leerink Partners and TD Cowen are joint bookrunning managers.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 8:24 pm

GLD

Gold prices are soaring due to geopolitical concerns, and investors can profit from this trend without owning physical gold by investing in the SPDR Gold Shares (NASDAQ: GLD) ETF. The ETF is currently testing resistance around $218, and a breakout could lead to new all-time highs.

Portfolio Pulse from Mark Putrino

August 13, 2024 | 8:23 pm

BTCUSD

DOGEUSD

ETHUSD

Cryptocurrency markets are trading higher with notable gains in Bitcoin, Ethereum, and other major cryptocurrencies. Bitcoin whale transactions have spiked, and there are possible renewed Mt.Gox distributions. Analysts have mixed predictions on Bitcoin's next moves, with some seeing potential for a significant rally and others warning of a possible downturn if poor CPI data emerges.

Portfolio Pulse from Khyathi Dalal

August 13, 2024 | 8:19 pm

MNR

Mach Natural Resources announced its expected oil volumes for Q3 and Q4, ranging between 18.6 MBbl/d to 19.9 MBbl/d. For FY24, the company expects oil volumes to range between 19.4 MBbl/d to 20.6 MBbl/d.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 8:10 pm

AAPL

Apple Inc. (NASDAQ:AAPL) shares rose by 1.72% on Tuesday amid discussions about the future performance of upcoming iPhone models and the AI-driven smartphone market. Analyst Ming-Chi Kuo reported a slowdown in Samsung Galaxy S24 shipments, raising questions about the demand for AI-capable smartphones, including the anticipated iPhone 16 series. Despite some concerns, analysts like Daniel Ives from Wedbush remain optimistic about the new iPhone models.

Portfolio Pulse from Vaishali Prayag

August 13, 2024 | 8:09 pm

INLX

Intellinetics has reiterated its expectations for revenue growth on a year-over-year basis for fiscal year 2024, but has revised its expectations for Adjusted EBITDA to decline modestly compared to 2023. The company is increasing its sales and marketing investments to drive future growth.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 8:08 pm