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SYTA

Siyata Mobile shares are trading higher following the announcement of new orders for its SD7 handsets and related accessories, totaling over $4.5 million for US wireless carriers.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 11:53 am

KARS

KGRN

NIO

NIO Inc. (NYSE:NIO) shares are trading higher in the premarket session following the confirmation of the upcoming release of the NIO Phone, which has obtained China Compulsory Certificate (CCC) certification. The phone, manufactured by Lens Technology, integrates with NIO vehicles and is part of NIO's strategy to enhance vehicle appeal. NIO shares have lost over 45% year to date. Investors can also gain exposure to NIO via KraneShares MSCI China Clean Technology Index ETF (NYSE:KGRN) and KraneShares Electric Vehicles And Future Mobility Index ETF (NYSE:KARS).

Portfolio Pulse from Nabaparna Bhattacharya

July 18, 2024 | 11:51 am

BTCUSD

ETHUSD

Mark Cuban praised Ethereum in March 2021, calling it the closest thing to a 'true currency.' At that time, one Ether was valued at $1,716. If you had invested $1,000 then, it would be worth $2,000 today. Ethereum has seen a 51% YTD gain, partly due to the approval of ETFs tracking its price.

Portfolio Pulse from Aniket Verma

July 18, 2024 | 11:45 am

FBTC

GBTC

IBIT

Bitcoin spot ETFs have recorded their ninth consecutive day of net inflows, totaling $53.3475 million. BlackRock's ETF led with $110 million in inflows, while Fidelity's ETF saw $2.8259 million. However, Grayscale Bitcoin Trust experienced a net outflow of $53.8612 million. A bullish technical indicator suggests potential upward trends for Bitcoin.

Portfolio Pulse from Murtuza Merchant

July 18, 2024 | 11:39 am

SDA

SunCar Technology has signed a two-year agreement with China Merchants Bank to provide concierge car services.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 11:36 am

DPZ

KMI

NFLX

QQQ

SLG

SPY

TSM

Wall Street is anticipating a tech-led rebound ahead of Netflix's earnings report, with Taiwan Semiconductor Manufacturing Company's strong quarterly report boosting sentiment. Key economic data and Fed speeches are expected to influence trading. The SPDR S&P 500 ETF Trust and Invesco QQQ ETF showed gains in premarket trading. Notable stock movements include Alcoa, Kinder Morgan, SL Green Realty, and Domino's Pizza. Major companies like Abbott Laboratories, Alaska Air Group, Nokia, Marsh & McLennan, D.R. Horton, and Novartis are reporting earnings, with Netflix and Intuitive Surgical reporting after the close.

Portfolio Pulse from Shanthi Rexaline

July 18, 2024 | 11:34 am

DGX

LSTA

Lisata Therapeutics and Haystack Oncology have initiated a research collaboration to use Haystack's MRD technology to evaluate the efficacy of a pancreatic cancer therapy.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 11:30 am

DGX

LSTA

Haystack Oncology, a Quest Diagnostics company, has entered a research collaboration with Lisata Therapeutics to use Haystack MRD technology in evaluating the efficacy of a pancreatic cancer therapy. Lisata will use this technology in a clinical study for its lead product candidate, certepetide, in patients with metastatic pancreatic cancer.

Portfolio Pulse from Vandana Singh

July 18, 2024 | 11:30 am

LILM

Lilium N.V. (NASDAQ:LILM) shares are surging premarket after entering a definitive sales agreement with Saudia Group for 50 Lilium Jets, with options for an additional 50. This deal, the largest firm order of eVTOL aircraft in the MENA region, includes payment schedules, delivery timelines, and maintenance provisions. Lilium's order pipeline now includes 106 firm orders and reservations, 76 options, and around 600 aircraft under MOU. The first jets are expected to be delivered in 2026.

Portfolio Pulse from Lekha Gupta

July 18, 2024 | 11:28 am

SPY

USO

VGK

Reuters reported that OPEC+ is unlikely to change its oil output policy at the August 1 JMMC meeting, according to sources.

Portfolio Pulse from charles@benzinga.com

July 18, 2024 | 11:24 am