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Gold mining stocks, tracked by the VanEck Gold Miners ETF (GDX), are experiencing a significant rally due to a surge in gold prices, reaching an all-time high. The rally is influenced by economic data and central bank interest rate decisions. Barrick Gold Corp. (GOLD) reported its lowest annual gold production in over 20 years, while miners are diversifying into base metals like copper. Analysts see limited gold supply as a bullish catalyst.

Portfolio Pulse from Piero Cingari

September 12, 2024 | 4:22 pm

CING

Cingulate shares are trading lower following the announcement of the commencement of a final FDA-required food effect study for CTx-1301, a treatment for ADHD.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 4:20 pm

MRNA

Moderna plans to launch a skin cancer vaccine by 2025, according to its CEO. This development is part of Moderna's efforts to expand its product offerings beyond COVID-19 vaccines.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 4:17 pm

TSLA

Automakers express concerns over a proposed bill that would tighten restrictions on Chinese content for electric vehicle tax credits, potentially requiring a rollback of emissions rules.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 4:10 pm

SPY

The CDC confirmed that a Missouri bird flu patient was not severely ill and was treated with antivirals. The USDA reported eight California dairy herds tested positive for bird flu, all quarantined. Bird flu vaccine field studies in cattle are set to begin.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 4:09 pm

GOOGL

Google has introduced new features in its Chrome browser to improve user protection against online threats and offer better control over personal data. The Safety Check feature will now operate automatically in the background.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 4:09 pm

GEVO

Gevo, Inc. (NASDAQ:GEVO) shares surged after announcing the acquisition of Red Trail Energy's ethanol production plant and carbon capture assets for $210 million. This move enhances Gevo's sustainable aviation fuel production and renewable energy projects, aiming for net-zero hydrocarbon fuels. The acquisition is expected to boost Gevo's financial performance, with positive Adjusted EBITDA forecasted for 2025.

Portfolio Pulse from Vaishali Prayag

September 12, 2024 | 4:09 pm

FTXR

IYT

UPS

UPS announced potential disruptions in its delivery services in the southern U.S. due to Hurricane Francine, particularly affecting Louisiana. The company has contingency plans to minimize delays. UPS shares are slightly down, and investors can access the stock through transportation ETFs like IYT and FTXR.

Portfolio Pulse from Lekha Gupta

September 12, 2024 | 4:07 pm

HITI

High Tide Inc. (NASDAQ:HITI) is expanding its product offerings in its Canna Cabana stores across several Canadian provinces with exclusive Queen of Bud branded products. This follows High Tide's acquisition of the Queen of Bud brand and Alberta's decision to allow white-label cannabis products. The company is also entering the cannabis hospitality sector through a joint venture.

Portfolio Pulse from Jelena Martinovic

September 12, 2024 | 4:06 pm

BTCUSD

Travis Kling, CIO at Ikigai Asset Management, highlights a 'Quiet Quitting' trend in the crypto industry, with decreased engagement and disillusionment among professionals. He attributes this to unmet promises of crypto projects and warns of potential deterrence for new talent. Despite a bearish outlook, Kling sees potential regulatory changes as a path to sustainable growth.

Portfolio Pulse from Khyathi Dalal

September 12, 2024 | 4:06 pm