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MARA

Cryptocurrency markets are trading relatively flat as markets await an interview between Elon Musk and Donald Trump. Notable developments include a $650M crypto fraud scheme uncovered by the SEC, and Bitcoin miner Marathon Digital raising $250 million to buy more Bitcoin. Bitcoin's price remains the same as at the end of February, with traders predicting potential price movements based on support levels and geopolitical tensions.

Portfolio Pulse from Khyathi Dalal

August 12, 2024 | 8:14 pm

CXAI

GOOG

GOOGL

CXApp Inc. has signed a multi-year agreement with Google Cloud to develop and deliver advanced AI infrastructure, security, and application products. Google Cloud will co-invest in the continuous deployment, monitoring, and modernization of CXApp's AI-native CXAI platform.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 8:12 pm

RUM

Rumble Cloud has announced a new infrastructure services partnership with the Miami Dolphins and Hard Rock Stadium. This collaboration aims to enhance the technological capabilities of the stadium and improve the overall fan experience.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 8:11 pm

KYTX

Kyverna Therapeutics has received the U.S. FDA's RMAT designation for its treatment KYV-101, aimed at progressive myasthenia gravis.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 8:08 pm

STXS

Stereotaxis shares are trading higher after the company achieved CE Mark approval in Europe and submitted a 510(k) application to the FDA for its GenesisX Robotic System.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 8:04 pm

META

SONY

WMG

Meta Platforms Inc (NASDAQ:META) and Universal Music Group have extended their licensing deal to include WhatsApp, allowing Meta to use UMG artists' content across its platforms. This agreement highlights the role of social media in boosting revenue for major artists. The deal also addresses concerns over unauthorized AI-generated content. Warner Music Group (NASDAQ:WMG) and Sony Music Group (NYSE:SONY) have similar deals with Meta, which have generated new income for artists.

Portfolio Pulse from Natan Ponieman

August 12, 2024 | 8:04 pm

STXS

Stereotaxis has achieved CE Mark approval in Europe and submitted a 510(k) application to the FDA for its GenesisX Robotic System.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 8:03 pm

ULY

Urgently has renewed and extended its roadside assistance contract with a global automotive OEM for seven years, expanding the agreement to include Canada. The contract covers warranty and post-warranty roadside assistance, utilizing Urgently's technology stack.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 8:02 pm

GOLD

Barrick Gold Corporation (NYSE:GOLD) shares are trading higher after the company reported better-than-expected Q2 financial results for FY2024. Revenue increased by 12% year-over-year to $3.162 billion, surpassing estimates. Adjusted EPS also beat expectations. Key projects in Nevada, the Dominican Republic, Zambia, and Pakistan are expected to bolster future production.

Portfolio Pulse from Vaishali Prayag

August 12, 2024 | 7:58 pm

ALB

LAC

LIT

SQM

Shares of lithium companies are trading lower due to a drop in the price of lithium. Concerns over increasing supply from Africa are contributing to the decline in prices.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 7:54 pm