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AIQ

ASML

NVDA

Tech stocks experienced a significant sell-off due to geopolitical comments from Trump and Biden, and lukewarm guidance from ASML. Gene Munster warns of a short-term slowdown in AI progress but remains optimistic about its long-term potential.

Portfolio Pulse from Shanthi Rexaline

July 18, 2024 | 7:25 am

CLVT

Clarivate Plc (NYSE:CLVT) has announced a partnership with OhioLINK and SearchOhio to enhance library resource sharing by 2025. The collaboration aims to unify resource sharing platforms, improve user experiences, and operational efficiencies across Ohio's public and academic libraries.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 7:04 am

PLUR

Pluri Inc. (NASDAQ:PLUR) has signed a tech transfer and manufacturing agreement with Kadimastem Ltd. to produce cell therapy products for ALS and diabetes treatments. PluriCDMO™ will manufacture AstroRx® and IsletRx for upcoming clinical trials.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 6:41 am

CHWY

GME

TSLA

Ryan Cohen, founder of Chewy and CEO of GameStop, posted 'TRUMP' 665 times on Elon Musk's social media platform, X, sparking speculation. Cohen recently endorsed Trump after an assassination attempt on the former president. GameStop's stock has risen 7% this week, while Chewy's stock has seen a 3.23% increase over the past five days.

Portfolio Pulse from Benzinga Neuro

July 18, 2024 | 6:41 am

NDAQ

Nasdaq has partnered with valantic FSA to develop a new web UI for fixed income trading. This collaboration aims to enhance the trading experience and efficiency in the fixed income market.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 6:25 am

AAPL

MSFT

Microsoft has launched its AI image generation tool, Microsoft Designer, as a free iOS app, outpacing Apple. The app allows users to generate images using text prompts and offers various editing tools. This launch comes ahead of Apple's expected release of its own AI image tool, Apple Intelligence. Analysts predict a significant boost to Microsoft's valuation due to the AI revolution.

Portfolio Pulse from Ananya Gairola

July 18, 2024 | 5:56 am

EVTL

Vertical Aerospace has unveiled its enhanced VX4 prototype, which is a significant step towards aircraft certification. The prototype incorporates technology from strategic partners and features Vertical's proprietary battery technology. Flight testing will commence once the UK Civil Aviation Authority issues a Permit to Fly.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 5:51 am

BLK

GBTC

Analysts express skepticism about Grayscale's Ethereum spot ETF due to its high fee structure. Grayscale's flagship Ethereum Trust will charge 2.5%, while the mini trust will charge 0.25%. Comparatively, competitors like BlackRock, Fidelity, and Invesco offer lower fees. Concerns are raised about the potential for significant outflows and the strategy focusing on short-term revenue.

Portfolio Pulse from Aniket Verma

July 18, 2024 | 5:19 am

YOU

CLEAR has expanded its services to Honolulu's Daniel K. Inouye International Airport, creating 64 new jobs and positively impacting the local economy.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 4:57 am

BTCUSD

Ken Griffin, founder and CEO of Citadel, purchased a Stegosaurus fossil named 'Apex' for a record $44.6 million at a Sotheby's auction. Griffin plans to lend the fossil to a U.S. museum. This purchase is part of a trend of high-profile auctions of rare and historic items.

Portfolio Pulse from Benzinga Neuro

July 18, 2024 | 4:56 am