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METC

Ramaco Resources, Inc. (METC) announced the publication of an Updated Technical Report Summary by Weir International on the Brook Mine's rare earth opportunity, revealing significant increases in estimated rare earth tonnage volume and concentrations. The report indicates over 1.5 million total in-place rare earth oxide tons with average concentrations of almost 550 ppm, and some lithologies exceeding 9,000 ppm. Additionally, over 10% of the deposit contains critical minerals gallium and germanium, whose export China recently banned. An investor conference call to discuss these findings is scheduled for March 27, 2024.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 8:26 pm

DFH

Dream Finders Homes announced the launch of a new home community, Bungalow Walk at Waterside, in Lakewood Ranch, Florida. This development aims to expand the company's footprint in the Florida real estate market.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 8:26 pm

UAL

United Airlines has introduced MileagePlus Miles Pooling, allowing groups of up to five members to share and redeem miles in a joint account, accessible via United.com. This new feature enhances the flexibility and utility of the MileagePlus program for its members.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 8:03 pm

AZN

AstraZeneca announced that its drug Saphnelo demonstrated higher rates of remission in patients with Systemic Lupus Erythematosus compared to standard therapy alone over a four-year period, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 7:50 pm

TCBP

TT BioPharm has been granted a European patent (EP3283620) for 'Modified Gamma Delta Cells and Uses Thereof' aimed at treating cancer or infectious diseases in humans. This development could potentially enhance the company's intellectual property portfolio and strengthen its position in the biopharmaceutical sector, particularly in the European market.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 7:32 pm

GDX

GLDM

GOLD

IAUM

NEM

RING

Bank of America projects gold prices to rise to $2,500-$2,600 per ounce, advocating for physical gold ETFs like iShares Gold Trust Micro (IAUM) and SPDR Gold Minishares Trust (GLDM) over miners for equity investors. The report highlights gold's hedging quality and central bank purchases as key drivers of its rally, noting a potential demand increase from retail investors. For mining exposure, Barrick Gold Corp. (GOLD) and Newmont Corp. (NEM) are recommended, with a preference for iShares MSCI Global Gold Miners ETF (RING) and VanEck Gold Miners ETF (GDX) over other mining ETFs.

Portfolio Pulse from Piero Cingari

March 21, 2024 | 7:31 pm

DENN

NVDA

RDDT

Reddit Inc (NYSE:RDDT) and NVIDIA Corporation (NASDAQ:NVDA) share unique origins, both companies were founded in restaurants, with Reddit's inception at a Waffle House and NVIDIA's at a Denny's (NASDAQ:DENN). Reddit's co-founder Alexis Ohanian was inspired to start the company during a visit to Waffle House, while NVIDIA was conceptualized at a Denny's by Jensen Huang and his co-founders. Both locations have commemorated these events with plaques. Reddit, now trading 70% above its IPO price, and NVIDIA, valued at $2.3 trillion, highlight the humble beginnings of major tech companies.

Portfolio Pulse from Chris Katje

March 21, 2024 | 7:17 pm

AAPL

AMZN

GOOG

GOOGL

LYV

MUSQ

SPHR

SPOT

TME

The Thematic Music ETF (MUSQ) is showing signs of bullish momentum with an inside bar pattern forming near the top of a green Marubozu candlestick. MUSQ, which offers exposure to the music industry including streaming, live events, and technology, has seen its holdings like Sphere Entertainment Co (SPHR), Spotify Technologies S.A. (SPOT), Live Nation Entertainment, Inc (LYV), and Tencent Music Entertainment Group (TME) experience significant gains. Its top holdings include Amazon.com, Inc (AMZN), Alphabet, Inc (GOOG, GOOGL), and Apple, Inc (AAPL), indicating a diversified investment in the music sector and beyond.

Portfolio Pulse from Melanie Schaffer

March 21, 2024 | 6:56 pm

NVDA

Micron Technology (NASDAQ:MU) reported a significant increase in its second fiscal quarter results, with revenue growing 58% to $5.82 billion and a profit of $793 million. The company's high-bandwidth memory (HBM) semiconductors, crucial for AI development, are sold out for 2024, and most of the 2025 supply is allocated. Micron's guidance for the third fiscal quarter also exceeded estimates, projecting revenue between $6.4 and $6.8 billion. Nvidia Corporation (NASDAQ:NVDA) will use Micron's HBM chips in its next-generation H200 graphic processing units, indicating a strong partnership and reliance on Micron's technology for AI advancements.

Portfolio Pulse from Upwallstreet

March 21, 2024 | 6:34 pm

JNJ

Johnson & Johnson's Abiomed unit is recalling its Impella Left Sided Blood Pumps due to risks of the pump catheter cutting through the left ventricle wall, potentially causing serious health consequences including death. There have been 129 reported serious injuries and 49 deaths. The recall, which started on December 27, 2023, involves 66,390 devices in the U.S. distributed from October 10, 2021, to October 10, 2023. This recall is a correction, not a product removal, with new warnings issued to affected customers.

Portfolio Pulse from Vandana Singh

March 21, 2024 | 6:31 pm