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KRMD

KORU Medical Systems, Inc. (KRMD) announced a successful appeal in its ongoing audit by the EU's notified body, The British Standards Institute (BSI), allowing it to continue selling its products in the EU without interruption. The appeal was related to a recommendation against continued certification due to prior audit nonconformance, but the company's swift response led to a positive outcome. This ensures that KORU Medical's products remain certified, marketed, and sold in the EU, supporting the company's international business expansion.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 8:08 pm

AIR

AAR has extended and expanded its exclusive distribution agreement with Sumitomo Precision Products (SPP) for the V2500 engine component, including all starter/valve subcomponents, for the life of the program. No financial terms were disclosed.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 8:07 pm

MBNKP

MFIN

Medallion Bank (NASDAQ:MBNKP), a subsidiary of Medallion Financial Corp. (NASDAQ:MFIN), has entered into a strategic partnership with TriBeam Financial to finance home solar systems and related products. This partnership aims to expand Medallion Bank's reach in the home improvement lending segment, leveraging TriBeam's point-of-sale lending platform and network of installers. Loan origination activities under this agreement have already commenced.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 8:02 pm

MGRM

NVDA

Monogram shares have seen an increase in trading volume and price following the announcement that the company has become a part of the NVIDIA Inception program, which is designed to nurture startups in AI and data sciences.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 7:44 pm

TTWO

YouTuber Andrew Levitt recreated Take-Two Interactive Software Inc's (NASDAQ:TTWO) GTA 6 trailer in real life, collaborating with Primecutpro and using Tom Petty's soundtrack. The recreation has garnered attention amidst the anticipation for GTA 6, slated for a 2025 release but possibly delayed to 2026. Tensions arise at Rockstar Games over a return-to-office policy to finalize the game and prevent leaks, highlighting the project's significance and the dedication to perfection by Take-Two and its teams.

Portfolio Pulse from Franca Quarneti

April 11, 2024 | 7:28 pm

BTCUSD

Ark Invest's report suggests Bitcoin is in the early to middle stages of a bull run, citing a 16.5% price increase in March and a 68.6% rise in Q1. The report uses the MVRV Z-Score to argue Bitcoin is not overvalued. It also notes record inflows into spot Bitcoin ETFs, despite some long-term holders taking profits. The analysis includes global economic factors and predicts considerable growth for Bitcoin before reaching overbought conditions.

Portfolio Pulse from Murtuza Merchant

April 11, 2024 | 7:20 pm

BABA

Options trading analysis for Alibaba Gr Holding (NYSE:BABA) shows a bearish sentiment with 65% of trades indicating a bearish outlook. The trading activity includes 32 unusual trades, with a focus on a price band between $35.0 and $180.0. The largest trades observed range from bullish to neutral sentiments, with significant open interest and volumes in call options. Alibaba, a major online and mobile commerce company, has seen its stock price slightly increase by 0.2% to $74.74. Market experts have issued ratings with a consensus target price of $104.4, varying from Overweight to Equal-Weight ratings by firms like JP Morgan and Morgan Stanley.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 7:15 pm

THTA

ZHDG

Option-based ETFs, like the SoFi Enhanced Yield ETF (THTA) and Zega Buy And Hedge ETF (ZHDG), offer investors a hands-off approach to earning returns through options strategies. Managed by ZEGA Financial, these ETFs aim to enhance returns and balance risk by employing tactics such as selling out-of-the-money options and mitigating downside risks, respectively. THTA focuses on options-powered income strategies, while ZHDG provides exposure to the U.S. large-cap market with downside protection.

Portfolio Pulse from Aaron Bry

April 11, 2024 | 7:15 pm

FLNC

NVDA

PLTR

QQQM

VGT

VUG

Young investors on Reddit's r/stocks are discussing top growth stocks for 2024 and beyond, focusing on companies with promising growth trajectories. The top picks include Fluence Energy Inc (FLNC), Palantir Technologies Inc (PLTR), and NVIDIA Corp (NVDA), with additional mentions of Celsius Holdings, Inc (CELH), SoFi Technologies Inc (SOFI), and growth-focused ETFs like Vanguard Growth ETF (VUG), Vanguard Information Technology ETF (VGT), and Invesco NASDAQ 100 ETF (QQQM). These selections are based on their market leadership, innovative technology, and potential for long-term growth.

Portfolio Pulse from Surbhi Jain

April 11, 2024 | 7:12 pm

DE

Financial giants have shown a bearish stance on Deere (NYSE:DE), with options trading revealing 100% bearish sentiment. Notable trades include 6 puts and 2 calls, targeting a price range of $370.0 to $440.0. Deere's current market status shows a trading volume of 1,049,522 with a price of $411.97, and it is potentially overbought. An analyst from Truist Securities downgraded Deere to Buy with a price target of $494. The company is a leading manufacturer of agricultural equipment, with a vast dealer network.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 7:01 pm