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Cryptocurrency trader Wazz Crypto discusses the challenges Solana (SOL) will face in outperforming Ethereum (ETH) due to factors like inflation rates, supply overhang, and Ethereum's institutional advantage. Despite Solana's on-chain activity, Ethereum's potential ETF approval and robust DeFi ecosystem make it a more stable investment.

Portfolio Pulse from Khyathi Dalal

May 23, 2024 | 6:38 pm

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Indexes are lower after initially gaining following NVIDIA's earnings. Hawkish Fed minutes and upbeat economic data may also be driving rate cut uncertainty.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 6:27 pm

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Azitra has received a Notice of Allowance for its U.S. patent application titled 'THERAPEUTIC TREATMENT OF SKIN DISEASE WITH RECOMBINANT COMMENSAL SKIN MICROORGANISMS'. This patent could enhance Azitra's position in the therapeutic skin treatment market.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 6:14 pm

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Azitra has received a Notice of Allowance for its US patent application titled 'Therapeutic Treatment Of Skin Disease With Recombinant Commensal Skin Microorganisms'. This development could enhance the company's intellectual property portfolio and potentially lead to new therapeutic treatments for skin diseases.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 6:12 pm

Boeing's stock fell over 6% after CFO Brian West announced negative cash flow for 2024 and delivery delays due to regulatory scrutiny. Production challenges and a slowdown in 737 MAX jetliner output have further complicated the situation.

Portfolio Pulse from Vaishali Prayag

May 23, 2024 | 6:11 pm

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Shares of US-listed Chinese stocks are trading lower due to regional tension from China's military drills near Taiwan. Investors are also considering recent property support measures and US tariffs on some sectors.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 6:09 pm

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The Biden administration has urged the U.S. Supreme Court to reconsider a ruling involving 21 pharmaceutical and medical equipment companies accused of funding terrorism in Iraq, resulting in the deaths and injuries of American service members. The companies, including AstraZeneca, Pfizer, GE Healthcare, Johnson & Johnson, and F. Hoffmann-La Roche, allegedly engaged in corrupt practices to secure medical-supply contracts with a militia group. The Justice Department's request follows a precedent set in a previous case involving Twitter.

Portfolio Pulse from Vandana Singh

May 23, 2024 | 6:00 pm

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Archer Aviation has achieved a significant regulatory milestone as the FAA has issued the final airworthiness criteria for its Midnight aircraft. This development is crucial for Archer as it moves closer to commercializing its electric vertical takeoff and landing (eVTOL) aircraft.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 5:39 pm

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The Law Offices of Frank R. Cruz has announced an investigation into Oddity Tech Ltd. for potential violations of federal securities laws.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 5:38 pm

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Cathie Wood's prediction that cryptocurrency will be a significant issue in the 2024 U.S. presidential election appears to be coming true. Both Trump and Biden are adjusting their stances on crypto, with Trump accepting crypto donations and Biden showing signs of regulatory cooperation. This shift could influence young voters, who are increasingly prioritizing cryptocurrency policies.

Portfolio Pulse from Chris Katje

May 23, 2024 | 5:21 pm