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DRS

Leonardo DRS has secured a contract worth over $49 million to build advanced Joint Assault Bridge systems for the U.S. Army and Romanian military. This contract aims to enhance the assault-bridging capabilities for armored forces.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 8:03 pm

DOGEUSD

SHIBUSD

A claim by Bitwise CEO Hunter Horsley suggests more Americans own crypto than dogs. Benzinga's fact-check reveals that while more households own dogs, more individual adults own crypto. This supports the popularity of dog-themed meme coins like Dogecoin and Shiba Inu.

Portfolio Pulse from Khyathi Dalal

August 22, 2024 | 8:02 pm

TSLA

Tesla shares are trading lower due to an NTSB investigation into a Tesla Semi crash and delays in the Full Self-Driving technology for the Cybertruck. The stock has been fluctuating between $210 and $230, with mixed investor sentiment.

Portfolio Pulse from Vaishali Prayag

August 22, 2024 | 7:38 pm

TOMZ

TOMI Environmental Solutions highlights the ongoing threat of Mpox and emphasizes their readiness to decontaminate affected locations. This suggests a potential increase in demand for their services.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 7:34 pm

BTCUSD

DOGEUSD

ETHUSD

Cryptocurrency markets are slightly down as traders anticipate Jerome Powell's guidance on potential rate cuts. Bitcoin, Ethereum, and Dogecoin are experiencing minor declines, while Shiba Inu sees a slight gain. Notable developments include Donald Trump's launch of a crypto platform and discussions on Bitcoin's transformative technology.

Portfolio Pulse from Khyathi Dalal

August 22, 2024 | 7:30 pm

AGCO

CNI

CP

F

GM

HD

LOW

MERC

MOS

STLA

TSLA

TSN

WFG

WY

The Canadian railway strike involving Canadian National Railway Company and Canadian Pacific Kansas City Ltd. could significantly impact U.S. sectors reliant on Canadian goods, including automobiles, timber, and agricultural products. The strike affects $277 billion worth of goods annually, with major U.S. companies like Ford, General Motors, and Tesla potentially impacted.

Portfolio Pulse from Michael Juliano

August 22, 2024 | 7:20 pm

EGIO

Edgio shares rose following the announcement of a collaboration with BT Group to become the first MAUD-Enabled CDN.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 7:15 pm

BA

CHKP

CRWD

CSCO

FTNT

GD

GE

HACK

ITA

LMT

NET

NOC

PANW

RTX

Market strategist Jay Woods identifies defense and cybersecurity sectors as potential winners regardless of the 2024 presidential election outcome. Key stocks in defense include Boeing, Northrop Grumman, General Dynamics, Lockheed Martin, RTX Corp, and GE Aerospace. In cybersecurity, CrowdStrike, Fortinet, Check Point Software, Palo Alto Networks, Cloudflare, and Cisco are highlighted.

Portfolio Pulse from Chris Katje

August 22, 2024 | 7:13 pm

BMY

Bristol-Myers Squibb announced that the FDA has scheduled an Oncologic Drugs Advisory Committee meeting for September 26 to discuss PD-L1 expression levels in gastric and esophageal cancers.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 7:08 pm

RTX

The U.S. State Department has approved a potential $592 million sale of Advanced Medium-Range Air-To-Air Missiles (AMRAAM) to Romania. This deal involves RTX Corporation, which is likely to supply these missiles.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 7:08 pm