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MDT

Medtronic has received FDA approval for expanded MRI labeling on its Percept PC, Percept RC, and Activa PC, RC, SC devices. This approval allows for broader MRI access for patients using these devices.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 5:54 pm

AMZN

Amazon is set to release 'Secret Level,' an adult-animated series inspired by popular video games, on Prime Video. This follows the success of its 'Fallout' adaptation. The series, premiering on December 10, could boost Amazon's streaming and gaming presence.

Portfolio Pulse from Chris Katje

August 21, 2024 | 5:20 pm

CCSO

LI

SMOG

Li Auto Inc. (NASDAQ:LI) has reached a milestone of 900,000 cumulative vehicle deliveries, becoming the first Chinese new car maker to achieve this. The company's stock is trading higher, despite having lost over 47% in the past year. Investors can gain exposure to Li Auto through the VanEck Low Carbon Energy ETF (NYSE:SMOG) and Carbon Collective Climate Solutions U.S. Equity ETF (NASDAQ:CCSO).

Portfolio Pulse from Nabaparna Bhattacharya

August 21, 2024 | 5:06 pm

MSFT

Microsoft is launching three new Xbox Series consoles in October, including a white discless Xbox Series X, a 2TB 'Galaxy Black' Xbox Series X, and a 1TB Xbox Series S. These releases coincide with major game launches, positioning Microsoft for a strong holiday season.

Portfolio Pulse from Franca Quarneti

August 21, 2024 | 5:00 pm

PFE

The FDA has issued a warning about the risk of aluminum toxicity in infants from an unapproved potassium phosphates drug. Some hospitals are still using Hospira's product, but Hospira has agreed to stop distribution within 90 days.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 4:57 pm

BTCUSD

Crypto expert Marty Party discusses time-based capitulation, a strategy affecting Bitcoin, where investors sell due to prolonged stagnation rather than sudden price drops. This phase may offer opportunities for patient investors to accumulate Bitcoin at stable prices, anticipating future recovery.

Portfolio Pulse from Khyathi Dalal

August 21, 2024 | 4:50 pm

SQM

SQM's executive expressed confidence in the current capital expenditure in the lithium industry but anticipates that long-term lithium prices will differ from current levels. The executive emphasized a clear investment plan for the future.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 4:44 pm

CNL

Collective Mining (AMEX:CNL) has announced significant drilling results at its Guayabales project in Colombia, revealing a connection between the Apollo and Olympus gold deposits. This discovery expands the potential of the project, which is strategically located in a historically rich mining district. The company plans to continue its exploration efforts to further develop the site.

Portfolio Pulse from Stjepan Kalinic

August 21, 2024 | 4:33 pm

MCD

NBCC

XLY

McDonald's Corporation (NYSE:MCD) shares are trading higher as the company plans to invest £1 billion in the U.K. and Ireland over the next four years, aiming to open new restaurants and create over 24,000 jobs. This expansion aligns with McDonald's global target of building 10,000 more restaurants by 2027, contributing to a 2% sales growth in 2024. Investors can gain exposure to McDonald's through ETFs like Neuberger Berman Next Generation Connected Consumer ETF (NYSE:NBCC) and Consumer Discretionary Select Sector SPDR Fund (NYSE:XLY).

Portfolio Pulse from Nabaparna Bhattacharya

August 21, 2024 | 4:27 pm

COSM

Cosmos Health shares rose following the announcement of its continued rights to distribute mpox virus PCR detection kits, with exclusive rights in Greece and Cyprus and non-exclusive rights in Europe.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 4:27 pm