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BMY

Financial giants have shown a bullish interest in Bristol-Myers Squibb (BMY) through options trading, with 40% of traders being bullish. The stock is currently trading at $48.87, up by 1.31%. Analysts have mixed ratings, with price targets ranging from $41 to $53.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 6:30 pm

BIOX

The USDA has confirmed that genetically modified wheat developed by Bioceres can be safely grown and bred in the United States. This approval marks a significant step for Bioceres in expanding its agricultural biotechnology products in the US market.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 6:27 pm

AMZN

WMT

Walmart is expanding its logistics services to third-party sellers, allowing them to use Walmart's fulfillment services for orders on platforms outside its own marketplace, including Target, Etsy, and Amazon. This move intensifies Walmart's competition with Amazon in the logistics sector.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 6:24 pm

BTCUSD

ETHUSD

Veteran Bitcoin investor Lark Davis predicts a significant bull run for Bitcoin and the crypto market in the next 12 months, citing high gold prices and a weakening dollar as bullish indicators. J.P. Morgan forecasts gold prices to rise further, and the U.S. elections could bring a pro-crypto president.

Portfolio Pulse from Khyathi Dalal

August 27, 2024 | 6:06 pm

GSK

GSK has received the US FDA Breakthrough Therapy Designation for its B7-H3-targeted antibody-drug conjugate, aimed at treating relapsed or refractory extensive-stage small-cell lung cancer. This designation could expedite the development and review process of the drug.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 6:05 pm

PMN

ProMIS Neurosciences has been granted a US patent for methods of reducing toxicity induced by amyloid beta oligomers using specific antibodies in Alzheimer's treatment. This patent could enhance their position in the Alzheimer's treatment market.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 6:02 pm

AAPL

Apple Inc. (NASDAQ:AAPL) is undergoing a CFO transition with Luca Maestri stepping down in 2025, to be succeeded by Kevan Parekh. Analysts have mixed views on the impact, with some seeing it as a modest negative in the short term. Despite this, Apple's stock shows bullish technical indicators, and the upcoming iPhone 16 launch is expected to maintain investor interest.

Portfolio Pulse from Surbhi Jain

August 27, 2024 | 5:56 pm

MSFT

RNW

Microsoft and ReNew Energy have signed a green attribute sale contract to support Microsoft's carbon negativity goals by 2030. The deal includes a $15 million community fund for environmental justice initiatives.

Portfolio Pulse from Nabaparna Bhattacharya

August 27, 2024 | 5:45 pm

CAVA

CCL

NCLH

NVDA

PARA

PDD

RCL

SOXX

XLE

Wall Street showed mixed performance as investors await key events, including Nvidia's earnings and a crucial inflation report. Cruise lines rallied, while oil prices and energy stocks fell. Notable stock movements included Paramount Global's decline and CAVA Group's drop due to insider selling.

Portfolio Pulse from Piero Cingari

August 27, 2024 | 5:40 pm

KSS

Kohl's Corporation is expected to report lower year-over-year earnings for Q2, with EPS projected at $0.48 and revenue at $3.61 billion. Despite a 30% stock decline in 2024, the company declared a $0.50 dividend. Kohl's is focusing on new brands and back-to-school sales to boost performance.

Portfolio Pulse from Michael Juliano

August 27, 2024 | 5:38 pm