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AREB

CRKN

FDS

KAVL

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SWBI

U.S. stocks traded mixed with the Nasdaq Composite moving lower. FactSet Research Systems posted better-than-expected earnings, leading to a 3% rise in its stock. American Rebel Holdings, Sharecare, and Sarepta Therapeutics saw significant gains due to various positive developments, while Kaival Brands Innovations, Crown Electrokinetics, and Smith & Wesson Brands experienced notable declines.

Portfolio Pulse from Avi Kapoor

June 21, 2024 | 6:58 pm

AMC

MET

NFLX

SPG

Netflix Inc (NASDAQ:NFLX) is diversifying by opening two 'experiential entertainment venues' in Texas and Pennsylvania shopping malls, which could benefit both Netflix and the mall sector. The new venues will feature experiences based on popular Netflix shows, restaurants, and merchandise. This move could help fill vacancies in malls and increase foot traffic.

Portfolio Pulse from Chris Katje

June 21, 2024 | 6:43 pm

LLY

NVO

UNH

A House panel is considering a new plan for Medicare to cover Wegovy, a weight-loss drug, and cancer blood tests. This could impact companies like Novo Nordisk (NVO), the maker of Wegovy, and other healthcare providers.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 6:42 pm

BTCUSD

Traders are debating Bitcoin's future as it reaches a critical support level. If Bitcoin holds, it could reach new all-time highs, but if it breaks, a significant drop is expected. Recent data shows increased large transactions and exchange flows.

Portfolio Pulse from Khyathi Dalal

June 21, 2024 | 6:36 pm

BVN

FCX

Morgan Stanley analyst Carlos De Alba has upgraded Freeport-McMoRan Inc (NYSE:FCX), Alcoa Corp (NYSE:AA), and Compañía de Minas Buenaventura SAA (NYSE:BVN) to Overweight due to persistent copper supply challenges and positive developments within these companies. The upgrades are based on expected higher prices for copper, gold, and alumina, as well as operational improvements and strategic investments.

Portfolio Pulse from Surbhi Jain

June 21, 2024 | 6:10 pm

GOOG

GOOGL

YouTube, owned by Alphabet Inc., is intensifying its efforts to combat ad-blocking by experimenting with server-side ad injection and cracking down on VPN usage to access cheaper subscriptions. This move aims to boost ad revenue, a significant part of Alphabet's income.

Portfolio Pulse from Hayden Buckfire

June 21, 2024 | 5:55 pm

NXL

Nexalin Technology, Inc. (NASDAQ:NXL) shares surged by 97.3% following the announcement of a new patent for its Deep Intracranial Frequency Stimulation (DIFS) device, aimed at treating Alzheimer's and dementia. The patent expands the company's intellectual property and highlights the potential of DIFS technology in the mental health market.

Portfolio Pulse from Vaishali Prayag

June 21, 2024 | 5:54 pm

CTLT

SRPT

TMO

Sarepta's expanded approval for Elevidys is expected to generate significant revenue, benefiting Catalent's growth. Despite this, Catalent's manufacturing capacity and the role of Thermo Fisher Scientific as a secondary manufacturer remain uncertain. Novo Holdings' acquisition of Catalent is unlikely to be influenced by this approval, but it provides some downside protection for investors.

Portfolio Pulse from Vandana Singh

June 21, 2024 | 5:52 pm

The FDA has approved the marketing of four menthol-flavored e-cigarette products from NJOY LLC, an affiliate of Altria Group Inc (NYSE:MO). This marks the first time non-tobacco flavored e-cigarette products have received FDA authorization. The decision aims to provide a less harmful alternative to traditional cigarettes for adult smokers, with stringent marketing restrictions to prevent youth access.

Portfolio Pulse from Shivani Kumaresan

June 21, 2024 | 5:42 pm

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PPA

XAR

President Joe Biden has lifted restrictions on Ukraine's use of U.S.-provided munitions to fire back at Russia, as Russia continues to attack from within its borders. The Kremlin seeks comprehensive security talks with the White House, while the U.S. redirects air defense interceptor missiles to Ukraine. ETFs related to aerospace and defense showed mixed performance in response to these developments.

Portfolio Pulse from Michael Juliano

June 21, 2024 | 5:38 pm