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SONN

Sonnet Biotherapeutics has filed a U.S. patent application for methods of treating age-related frailty using Interleukin-6. This development could potentially enhance their product pipeline and market position.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 3:50 pm

GCTK

GlucoTrack shares are trading higher following the announcement of new findings from a market research study. The study evaluated the acceptance of its new Continuous Blood Glucose Monitor concept among people with insulin-requiring diabetes.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 3:46 pm

HD

Deep-pocketed investors are showing a bullish sentiment towards Home Depot (NYSE:HD) with significant options trading activity. Benzinga's options scanner highlighted 11 extraordinary options activities, with 72% of the sentiment being bullish. Analysts have set an average target price of $395.2 for HD, with the stock currently trading at $359.01.

Portfolio Pulse from Benzinga Insights

August 15, 2024 | 3:46 pm

GCTK

Glucotrack's recent poster presentation at the ADCES conference reveals that over 50% of surveyed diabetes patients are open to a new continuous blood glucose monitor concept, which offers long-term monitoring without the challenges associated with traditional CGMs.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 3:45 pm

ESTC

Elastic shares are trading higher following the announcement of Elastic Distributions of OpenTelemetry, aimed at enhancing infrastructure and application monitoring.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 3:30 pm

AMD

Advanced Micro Devices, Inc. (NASDAQ:AMD) shares are trading higher by 3.2% to $145.30 following positive economic reports indicating a stronger-than-expected economic recovery. U.S. retail sales data for July showed a 1% increase, and initial jobless claims fell, suggesting a strengthening labor market. These factors are likely to boost demand for AMD's technology products.

Portfolio Pulse from Henry Khederian

August 15, 2024 | 3:22 pm

CVE

Cenovus Energy is preparing contingency plans to mitigate the impacts of a potential rail stoppage in Canada due to a strike or lockout.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 3:21 pm

MSTR

MSTX

Defiance ETFs has launched MSTX, the first single-stock leveraged ETF for MicroStrategy (NASDAQ:MSTR), offering 175% daily targeted exposure to MicroStrategy’s stock performance. This ETF allows investors to gain leveraged exposure to MicroStrategy’s stock, which is heavily tied to Bitcoin's performance, without needing a margin account. However, it is designed for sophisticated investors due to its high risk.

Portfolio Pulse from Murtuza Merchant

August 15, 2024 | 3:20 pm

ASTS

AST SpaceMobile Inc (NASDAQ:ASTS) shares surged on Thursday following the company's second-quarter financial results. Despite reporting a larger-than-expected loss of 51 cents per share, the company is on track to launch five satellites in early September. Analysts from B. Riley Securities and UBS maintained Buy ratings and raised their price targets.

Portfolio Pulse from Adam Eckert

August 15, 2024 | 3:14 pm

MO

PM

XXII

The FDA has proposed a new rule requiring the submission of tracking numbers for imports of e-cigarette products. This move aims to enhance the regulation and monitoring of e-cigarette imports.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 3:09 pm