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BTCUSD

Bitcoin has shown resilience despite challenges like Mt. Gox Bitcoin supply releases and declining equity markets. QCP Capital reports that Bitcoin has re-established itself within a trading range of $61,000 to $71,000. Institutional interest in December $100,000 call options suggests a bullish sentiment tied to the upcoming U.S. presidential elections.

Portfolio Pulse from Murtuza Merchant

July 19, 2024 | 3:59 pm

NNE

Nano Nuclear Energy Inc (NASDAQ:NNE) saw a significant drop in its share price after a short report by Hunterbrook criticized the company's ambitious timelines and operational practices. The report highlighted the company's lack of revenue, unrealistic product development timelines, and insufficient R&D spending.

Portfolio Pulse from Hayden Buckfire

July 19, 2024 | 3:41 pm

CRWD

FDX

IYT

MSFT

UNP

UPS

XTN

FedEx Corp. (NYSE:FDX) shares are trading lower due to disruptions caused by a global IT outage from a software vendor. The outage has affected multiple industries, including logistics, airlines, and healthcare. FedEx has activated contingency plans but warns of potential delivery delays. Other companies like United Parcel Service, Inc. (NYSE:UPS) and Union Pacific Corp. (NYSE:UNP) are also impacted. Investors can gain exposure to FedEx via IShares U.S. Transportation ETF (BATS:IYT) and SPDR S&P Transportation ETF (NYSE:XTN).

Portfolio Pulse from Shivani Kumaresan

July 19, 2024 | 3:33 pm

BTCUSD

Traders are debating whether Bitcoin's four-year cycle theory remains intact after recent deviations. Despite early tops in March and June 2024, some traders believe the cycle could still follow historical patterns, predicting a peak in December 2025. The influence of Bitcoin as an institutional asset will be discussed at Benzinga’s Future of Digital Assets event on Nov. 19.

Portfolio Pulse from Khyathi Dalal

July 19, 2024 | 3:15 pm

ABT

DXCM

MDT

Abbott Laboratories (NYSE: ABT) is launching a marketing campaign for its new glucose monitoring device, Lingo, targeting health-conscious consumers. The device aims to provide personalized health data and insights. Abbott also plans to launch Libre Rio, an over-the-counter CGM system for people with Type 2 diabetes. Abbott competes with DexCom Inc (NASDAQ: DXCM) and Medtronic Plc (NYSE: MDT) in the continuous glucose monitoring market.

Portfolio Pulse from Vandana Singh

July 19, 2024 | 3:10 pm

Labcorp has announced that its systems are currently impacted by the CrowdStrike computer outage, which is affecting companies globally.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 3:05 pm

NNE

NANO Nuclear Energy Inc. (NASDAQ:NNE) has signed a Memorandum of Understanding (MOU) with Everstar Inc. to leverage Everstar's AI tools to modernize the regulatory and licensing processes for NANO Nuclear's projects. This partnership aims to save time and resources by transforming these processes.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 3:04 pm

AAL

CRWD

DAL

MSFT

UAL

ULCC

A major outage of Microsoft and CrowdStrike services has impacted various sectors including airlines, emergency services, and hospitals across multiple states and countries. Airlines like American Airlines, Delta, United, and Frontier were notably affected, causing flight delays and cancellations. The outage also disrupted 911 services in several states and caused issues in Canada, South Africa, Australia, and Germany. Microsoft and CrowdStrike stocks experienced mixed reactions in the market.

Portfolio Pulse from Chris Katje

July 19, 2024 | 3:04 pm

DGX

Quest Diagnostics has announced that its patient services and customer contact teams are operating with reduced capacity, leading to longer wait and service times for customers.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 3:03 pm

WIMI

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) has developed a blockchain-based trust approach for cloud computing to enhance security and meet regulatory requirements.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 3:02 pm