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BTC-USD

Donald Trump announced the launch of a new crypto platform, 'The DeFiant Ones', marking a significant shift in his stance on digital currencies. This move aligns with his campaign efforts and appeals to the pro-crypto community. The platform aims to challenge traditional banking systems and promote financial equality through decentralized finance.

Portfolio Pulse from Murtuza Merchant

August 22, 2024 | 6:44 pm

TSLA

Tesla shares are declining following the announcement of a delay in the Cybertruck's full self-driving rollout and an investigation by the National Transportation Safety Board into a Tesla vehicle crash.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 6:42 pm

EA

NTDOY

TTWO

The U.S. video game industry saw a 10% increase in spending in July 2024, driven by strong sales in hardware, content, and accessories. Electronic Arts' EA Sports College Football 25 was a top seller. Despite a cautious 2024 outlook, 2025 is expected to see significant growth with new hardware from Nintendo and the release of Grand Theft Auto 6 by Take-Two Interactive.

Portfolio Pulse from Franca Quarneti

August 22, 2024 | 6:41 pm

LUCRF

LVMUY

XME

Lucara Diamond Corp announced the discovery of a massive 2,492-carat diamond in Botswana, the second-largest gem-quality diamond ever found. The discovery was made using advanced X-ray technology at the Karowe mine. This highlights Lucara's effective diamond recovery methods and commitment to shareholder value. The SPDR S&P Metals & Mining ETF, which includes precious metals, has seen mixed performance recently.

Portfolio Pulse from Natan Ponieman

August 22, 2024 | 6:41 pm

BNTX

MRNA

NVAX

PFE

The FDA has approved updated COVID-19 vaccines from Pfizer/BioNTech and Moderna, targeting the Omicron variant KP.2 strain. Novavax's vaccine was not included in this approval. The updated vaccines are expected to be available soon, with Pfizer and Moderna stocks experiencing a decline following the news.

Portfolio Pulse from Vandana Singh

August 22, 2024 | 6:33 pm

NUWE

Nuwellis has filed a new patent application for an 'Extracorporeal Blood Filtering Machine and Methods for Renal Replacement Therapy'. This development could enhance their product offerings in the medical device sector.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 6:30 pm

HIMS

IBUY

PTH

Needham analyst Ryan Macdonald initiated coverage on Hims & Hers Health Inc. (NYSE:HIMS) with a Buy rating and a $24 price target, citing growth potential in the weight loss market. HIMS is expected to benefit from its entry into the GLP-1 market and other growth drivers. The company reported strong earnings and revenue, exceeding analyst expectations.

Portfolio Pulse from Lekha Gupta

August 22, 2024 | 6:26 pm

ETHA

MSTX

Bloomberg ETF analysts discuss the growth and challenges of cryptocurrency ETFs, highlighting Bitcoin ETFs' significant inflows and Ethereum ETFs' struggles. They also mention the volatility of leveraged MicroStrategy ETFs.

Portfolio Pulse from Khyathi Dalal

August 22, 2024 | 6:21 pm

EYEN

Eyenovia Inc (NASDAQ:EYEN) stock is trading higher after a significant drop, with a session volume much higher than average. The company announced a share offering to raise approximately $5.14 million, which will be used for product commercialization, clinical studies, and potentially repaying loans. The stock price increased by 11.8% following this news.

Portfolio Pulse from Vandana Singh

August 22, 2024 | 6:20 pm

META

Instagram, owned by Meta Platforms, is introducing a new feature allowing users to add a favorite song to their profile, reminiscent of Myspace's functionality. This move aims to enhance user engagement and nostalgia.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 6:13 pm