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BTCUSD

Robert F. Kennedy Jr. praised Donald Trump's pro-cryptocurrency stance and expressed hope that President Joe Biden would adopt a similar approach. Kennedy emphasized the importance of transactional freedom and transparency in cryptocurrency, and disclosed his own investments in Bitcoin. He also proposed treating cryptocurrency as a currency rather than taxing it as capital gains.

Portfolio Pulse from Aniket Verma

May 31, 2024 | 4:51 am

COST

DELL

DJT

MDB

TSLA

U.S. markets closed in the red on Thursday with the Dow Jones, S&P 500, and Nasdaq all declining. Key stocks on investors' radars included Trump Media & Technology Group, Costco, Dell, MongoDB, and Tesla. Trump Media saw a notable drop in after-hours trading following a guilty verdict for Donald Trump. Costco reported strong third-quarter revenue, beating expectations. Dell's stock fell despite strong year-to-date performance and upcoming earnings. MongoDB shares plummeted after weak forward guidance. Tesla's stock rose as the company prepares to register its 'Full Self-Driving' software in China.

Portfolio Pulse from Benzinga Neuro

May 31, 2024 | 2:24 am

GBTC

HOOD

Cryptocurrency markets traded mostly sideways on Thursday, with Bitcoin showing slight gains while Ethereum and Dogecoin disappointed. Notable developments include Elon Musk advising Donald Trump on crypto policy and IBIT overtaking GBTC as the biggest Bitcoin ETF. Technical analysts highlight key resistance and support levels for Bitcoin.

Portfolio Pulse from Ivan Crnogatić

May 30, 2024 | 10:01 pm

ITA

LMT

QQQ

SPY

The Biden administration has lifted restrictions on Ukraine using U.S.-supplied weapons for offensive operations inside Russia, marking a significant shift in U.S. strategy. This policy change has led to a rise in defense stocks, with the iShares U.S. Aerospace & Defense ETF (ITA) and Lockheed Martin Corp. (LMT) seeing notable gains.

Portfolio Pulse from Piero Cingari

May 30, 2024 | 9:48 pm

SPY

Fed's Logan indicates that strong evidence suggests the neutral rate is higher now than pre-pandemic, implying that interest rates may not return to pre-pandemic levels.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 9:05 pm

BFI

BurgerFi has announced that it is reviewing strategic alternatives. The company will not provide further comments on the process but will make announcements as required by law.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:56 pm

CAUD

Collective Audience, Inc. (NASDAQ:CAUD) has received an additional notification from Nasdaq regarding non-compliance with listing requirements due to a delayed quarterly report. The company has until June 24, 2024, to submit a compliance plan but expects to file the report before the deadline.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:53 pm

BIIB

Biogen has received marketing authorization from the European Commission for QALSODY, a treatment for SOD1-ALS, a rare and fatal genetic form of ALS. This is Biogen's third rare disease therapy approved in the EU, highlighting their commitment to addressing high unmet medical needs.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:52 pm

PHGE

BiomX has received a notice of non-compliance with NYSE American listing standards, which could impact its stock price and investor confidence.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:51 pm

KPTI

Karyopharm Therapeutics has filed for a shelf registration of up to 45.8 million shares of common stock by selling stockholders, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:48 pm