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GLD

QQQ

SPY

Goldman Sachs is bullish on gold, projecting a price of $2,700 per troy ounce by early 2025 due to central bank demand and expected Fed rate cuts. The SPDR Gold Trust (GLD) has outperformed tech stocks, and gold is seen as a hedge against geopolitical risks. September's stock volatility may further boost gold's appeal.

Portfolio Pulse from Piero Cingari

September 03, 2024 | 2:39 pm

DOGEUSD

Dogecoin experiences a 50% increase in whale transactions, with technical indicators suggesting a potential price rebound. Elon Musk's comments about using Dogecoin for Starlink payments have fueled bullish predictions.

Portfolio Pulse from Khyathi Dalal

September 03, 2024 | 2:35 pm

KROS

Keros Therapeutics shares rose following the announcement of closing screening for its Phase 2 clinical TROPOS trial.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 2:33 pm

BP

CVX

XOM

Oil and gas company shares are declining due to reports of a potential deal to restart Libyan oil production and exports.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 2:33 pm

NYSE:F

OTCPK:VWAY

Volkswagen is partnering with Revoltech GmbH to develop sustainable materials from industrial hemp for use in its vehicles by 2028. This initiative aligns with Volkswagen's ACCELERATE strategy for sustainability. The LOVR material, made from hemp, is 100% biological and can be recycled or composted. Other automakers like BMW, Ford, and Mercedes-Benz are also exploring hemp-based materials.

Portfolio Pulse from Nina Zdinjak

September 03, 2024 | 2:33 pm

BYDDY

BYD Co., Ltd. has launched its first store in Suriname, marking its entry into the South American market. This expansion is part of BYD's strategy to capitalize on the global shift towards electrification. The company has introduced four models in Suriname and aims to expand its dealer network in Brazil significantly by the end of 2024.

Portfolio Pulse from Nabaparna Bhattacharya

September 03, 2024 | 2:19 pm

CBSTF

MINT Cannabis and Shango have entered a joint venture to acquire The Cannabist Company's Florida subsidiary, expanding their presence with 14 dispensaries and cultivation facilities. This move coincides with Donald Trump's endorsement of Florida's Amendment 3 for marijuana legalization.

Portfolio Pulse from Jelena Martinovic

September 03, 2024 | 2:11 pm

TCBP

TC BioPharm shares rose as the company announced dosing 5 new patients in its ACHIEVE Phase 2b trial.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 2:08 pm

USO

Brent crude oil prices have fallen below $74, marking the lowest level in 2024, due to reports of an imminent deal to restart Libyan oil flows. This development could impact oil-related assets, including ETFs like USO.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 2:07 pm

INTC

Intel is set to launch its new Core Ultra processors on Tuesday, September 3, at 12 p.m. ET. This event is significant for Intel as it introduces the Core Ultra 200v series, which is expected to enhance their mobile processor offerings.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 2:07 pm