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LWAY

Pure Culture Organics (PCO) announced a victory as Lifeway Foods (LWAY) dismissed its lawsuit. PCO will now focus on new product developments, including kids kefir and collagen-enhanced pouches, and will launch new kefir flavors.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 8:01 pm

BRBR

EATV

HLF

PBJ

PSCC

USNA

A study published in JAMA Network Open found no link between regular multivitamin use and a lower risk of death. The study tracked nearly 400,000 healthy adults for over 20 years. Despite the findings, health and wellness companies saw varied market reactions.

Portfolio Pulse from Michael Juliano

June 27, 2024 | 8:01 pm

ERJ

The FAA reported that an Embraer business jet went off the runway at Newark Airport, causing a temporary runway closure.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 7:46 pm

MRK

SNY

The CDC's Advisory Committee on Immunization Practices (ACIP) has unanimously voted to add Merck and Sanofi's pediatric hexavalent combination vaccine to the preferential recommendation list for preventing invasive Hib disease in American Indian and Alaska Native infants. The recommendation will become official once reviewed and finalized by the CDC Director and the Department of Health and Human Services.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 7:40 pm

CCJ

UEC

URA

URAA

URNM

The US government has begun accepting bids for $2.7 billion in uranium purchases, a move that could significantly impact the uranium market and related companies.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 7:31 pm

NKLA

WMT

Walmart Canada has become the first major retailer in Canada to introduce a hydrogen fuel cell electric semi-truck, developed by Nikola Corporation. This move is part of Walmart's sustainability efforts to reduce carbon emissions.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 7:25 pm

DKNG

WBD

The first 2024 presidential debate will be hosted by CNN, owned by Warner Bros. Discovery (NASDAQ:WBD), and will feature interactive elements like a bingo game and a drinking game by the New York Post. DraftKings Inc (NASDAQ:DKNG) is offering a $10,000 prediction contest for the debate. Polymarket is also offering cryptocurrency-based prediction markets for the debate.

Portfolio Pulse from Chris Katje

June 27, 2024 | 7:21 pm

DHR

The FDA has granted marketing authorization to Cepheid for its Xpert HCV test and GeneXpert Xpress System, marking the first point-of-care Hepatitis C RNA test. This development is significant for Cepheid and its parent company, Danaher Corporation (DHR).

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 7:16 pm

ADAUSD

BTCUSD

ETHUSD

LTCUSD

SHIBUSD

Trade The Flow, a crypto researcher, suggests long/short pair trading strategies in the current sideways crypto market. He recommends long positions on Bitcoin and Ethereum, and short positions on Litecoin and Cardano. He also suggests longing Pendle and Pepe, while shorting Ondo Finance and Shiba Inu.

Portfolio Pulse from Khyathi Dalal

June 27, 2024 | 7:04 pm

NVDA

Micron Technology Inc (NASDAQ:MU) reported its fiscal third quarter results, which surpassed revenue and earnings estimates but failed to impress investors due to high expectations. Despite sluggish smartphone and PC markets, Micron's data center business grew significantly, driven by AI-related products. The company is optimistic about future growth, particularly in AI, and expects to improve profitability despite increased spending. Micron's partnership with Nvidia Corporation (NASDAQ:NVDA) is crucial, as its memory solutions are essential for Nvidia's AI GPUs.

Portfolio Pulse from Upwallstreet

June 27, 2024 | 7:02 pm