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Wall Street experienced a strong risk-on session driven by positive economic data, including robust retail sales and a decline in jobless claims. This led to a shift in expectations for Federal Reserve rate cuts, causing bond yields to rise and impacting various ETFs and stocks.

Portfolio Pulse from Piero Cingari

August 15, 2024 | 5:04 pm

GOVX

MRNA

SIGA

Vaccine Group Gavi has announced that it has up to $500 million available for the response to Mpox. This funding could potentially impact companies involved in vaccine development and distribution.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 5:02 pm

Boeing shares are trading higher after the company announced that it finalized an order for up to 31 737 Max Jets with EL Al Israel Airlines.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 5:02 pm

FCOM

META

XLC

Meta Platforms, Inc. (NASDAQ:META) has shut down its social media analysis tool CrowdTangle, despite bipartisan criticism. The tool was used to monitor trending posts and track misinformation. Meta plans to replace it with the Meta Content Library, which will have limited access. This move has sparked calls for more oversight of Big Tech.

Portfolio Pulse from Lekha Gupta

August 15, 2024 | 4:59 pm

AEMD

CMRX

GOVX

INO

MRNA

SIGA

TNXP

The World Health Organization (WHO) is actively engaging with Swedish health authorities to manage the first confirmed case of Mpox Clade Ib. The WHO has also provided advice to member states on how to proceed.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 4:52 pm

FTXG

IYK

PEP

PepsiCo (NASDAQ:PEP) faces a lawsuit for allegedly deceptive marketing of its Gatorade protein bars, which contain more sugar than protein. The lawsuit claims the bars are misleadingly marketed as healthy, despite having high sugar content. PepsiCo counters that the claims are implausible. PEP stock has lost over 5% in the past year. Investors can gain exposure to PEP via iShares U.S. Consumer Staples ETF (NYSE:IYK) and First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG).

Portfolio Pulse from Nabaparna Bhattacharya

August 15, 2024 | 4:46 pm

ABAT

BASFY

American Battery Technology (NASDAQ:ABAT) CEO Ryan Melsert discusses the company's milestones, market state, and its role in the green energy sector. The company focuses on battery recycling, metal manufacturing, and resource development, with significant growth and government support. ABAT has a partnership with BASF (OTC:BASFY) and is developing a lithium refinery. Melsert emphasizes the importance of federal support and strategic partnerships for future growth.

Portfolio Pulse from Stjepan Kalinic

August 15, 2024 | 4:45 pm

DIS

NXST

A recent 'Spaces' conversation between Elon Musk and Donald Trump on X sparked discussions about the viability of hosting future interviews and presidential debates on social media. Despite technical difficulties, millions tuned in, showing significant interest. Benzinga readers were polled, with 42.9% supporting the idea of more interviews and debates on X. The event, which covered various topics, had 28.5 million listeners and 267 million post views. Trump and Harris have agreed to a debate on ABC, owned by Walt Disney Company (NYSE:DIS), while NewsNation, a unit of Nexstar Media Group (NASDAQ:NXST), has also pitched hosting a debate.

Portfolio Pulse from Chris Katje

August 15, 2024 | 4:18 pm

CGNT

Cognyte Software Ltd. (NASDAQ:CGNT) announced that a national security agency in the Asia-Pacific region has exercised a $4 million option to expand its investigative analytics solutions. This expansion will help the agency manage growing data volumes and enhance public safety.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 4:05 pm

CYCC

Cyclacel Pharmaceuticals has been granted a European patent (EP4013503) for crystalline forms of a pyrimidino diazepine derivative, which is used in the treatment of tumors.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 4:03 pm