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SAVA

Cassava Sciences Inc (NASDAQ:SAVA) is experiencing a leadership shake-up with the resignation of its CEO and SVP of Neuroscience. The company is prioritizing transparency and scientific rigor in its Alzheimer's trials. SAVA shares are down 27.20% amid these changes.

Portfolio Pulse from Vandana Singh

July 17, 2024 | 6:17 pm

JNJ

Johnson & Johnson (NYSE:JNJ) reported strong Q2 results with a 4.3% YoY topline growth to $22.45 billion, surpassing expectations. The medtech and innovative medicine divisions showed significant progress, although one-time charges impacted net earnings. J&J raised its full-year operational sales guidance but lowered EPS guidance due to acquisition costs.

Portfolio Pulse from Upwallstreet

July 17, 2024 | 6:05 pm

OKLO

Oklo Inc (NYSE:OKLO) stock is trading higher after the company announced the successful demonstration of its advanced fuel recycling process. This marks a significant step in scaling up its fuel recycling capabilities, supported by a $5 million award from the U.S. Department of Energy's ONWARDS program. The technology is expected to save Oklo up to 80% on fuel costs and enhance efficiency.

Portfolio Pulse from Dylan Berman

July 17, 2024 | 5:52 pm

LRCX

Lam Research (LRCX) shares are down 8.54% due to potential new restrictions on China by President Biden, comments by Donald Trump on the China-Taiwan standoff, and cautious guidance from ASML. These factors are causing concerns about the semiconductor supply chain and future revenue for Lam Research.

Portfolio Pulse from Henry Khederian

July 17, 2024 | 5:51 pm

DIS

NFLX

Disney is developing new technology to enhance user engagement on its streaming platforms, aiming to rival Netflix. The company is introducing personalized algorithms, customized promotional art, and pop-up live channels. Disney reported a slight revenue miss but beat EPS estimates in Q2, while Netflix reported strong revenue and subscriber growth.

Portfolio Pulse from Anusuya Lahiri

July 17, 2024 | 5:45 pm

ETHUSD

SOLUSD

SEC Commissioner Hester Peirce has suggested that the inclusion of staking features in Ethereum ETFs could be reconsidered in the future. This comes as Ethereum ETFs are set to debut for trading soon. Peirce's comments are significant as they indicate potential regulatory flexibility, although not all SEC Commissioners may share her views.

Portfolio Pulse from Murtuza Merchant

July 17, 2024 | 5:45 pm

BTCUSD

Mark Cuban believes that former President Donald Trump's re-election won't directly impact Bitcoin's price. Instead, Cuban points to broader economic factors such as lower tax rates, tariffs, and global geopolitical uncertainties as potential catalysts for Bitcoin's price appreciation. He speculates that Bitcoin could become a global 'safe haven' asset if the U.S. dollar's dominance wanes.

Portfolio Pulse from Murtuza Merchant

July 17, 2024 | 5:41 pm

LHX

L3Harris Technologies' Boeing 787-9 full flight simulator has entered into service at All Nippon Airways' (ANA) Tokyo training center.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 5:38 pm

NVO

Novo Nordisk faces a setback as the Dutch Health Care Institute advises against including Wegovy in basic insurance coverage due to cost-benefit concerns. This decision could impact Novo Nordisk's market in the Netherlands, where Wegovy is not yet available. The institute also highlighted a global shortage of semaglutide, Wegovy's primary ingredient.

Portfolio Pulse from Vandana Singh

July 17, 2024 | 5:38 pm

EVLV

Evolv Technologies is starting the rollout of its security technology in NYC subways, as announced by Mayor Adams.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 5:32 pm