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GLD

SPY

USO

Global markets saw varied performance with Asia and Europe posting gains while the US markets ended mixed. The S&P 500 and Nasdaq rose, despite a slowdown in the US services sector and no hints of interest rate cuts from Fed Chair Jerome Powell. Job additions in March exceeded expectations, but the ISM services PMI fell short of forecasts. Energy materials and communication services led S&P 500 sector gains, while utilities and consumer staples declined. Crude oil traded above $85, and gold reached a new high at $2,310.

Portfolio Pulse from Akanksha Bakshi

April 04, 2024 | 10:48 am

ANGO

AngioDynamics has received FDA 510(k) clearance for its AlphaVac F1885 System for the treatment of pulmonary embolism (PE), expanding its applicability in the non-surgical removal of thrombi or emboli from the venous vasculature. This clearance broadens treatment options for PE patients, aiming to reduce thrombus burden and improve right ventricular function.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 10:46 am

QQQ

SPY

U.S. stocks are set for a positive open, with futures indicating gains across major indices despite Fed Chair Jerome Powell's hawkish stance on rate cuts. Analysts predict more market gains for the rest of the year, citing historical trends and current market optimism. The SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ ETF (QQQ) saw premarket gains. Analysts highlight potential for further gains, technical tailwinds, and advise buying the recent dip. Upcoming economic data and Fed speeches are anticipated.

Portfolio Pulse from Shanthi Rexaline

April 04, 2024 | 10:45 am

HAE

Haemonetics has received 510(k) clearance from the FDA for its TEG 6s Hemostasis Analyzer System Global Hemostasis-HN Assay Cartridge. This new cartridge enhances the TEG 6s system's capabilities, allowing it to serve fully heparinized patients undergoing adult cardiovascular surgeries/procedures and liver transplantation in both laboratory and point-of-care settings.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 10:32 am

ALDX

ALZN

RVP

Insiders at Aldeyra Therapeutics, Retractable Technologies, and Alzamend Neuro have recently made significant stock purchases, signaling potential confidence in their companies' futures. Aldeyra Therapeutics saw a notable upgrade from Oppenheimer with a $10 price target. Retractable Technologies reported its 2023 results, and Alzamend Neuro received FDA approval to proceed with a Phase 2A study for PTSD treatment.

Portfolio Pulse from Avi Kapoor

April 04, 2024 | 10:23 am

AAPL

NVDA

TSM

UMC

Taiwan's recent earthquake, the biggest since 1999, poses a significant risk to the global semiconductor supply chain, affecting major chipmakers like TSMC (OTC:TSM) and UMC (NYSE:UMC). Both companies halted operations for inspections, impacting the supply chain. TSMC, crucial for tech giants like Nvidia (NASDAQ:NVDA) and Apple (NASDAQ:AAPL), managed to evacuate safely and plans to resume production quickly. However, the event highlights the geopolitical and natural disaster risks of Taiwan's central role in chip manufacturing.

Portfolio Pulse from Upwallstreet

April 04, 2024 | 10:18 am

MTBL

Moatable has been notified by the New York Stock Exchange (NYSE) about the initiation of proceedings to delist its American Depositary Shares, each representing 45 Class A ordinary shares. This action indicates significant regulatory or compliance issues that could impact the company's stock price and investor confidence.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 10:02 am

META

NFLX

Elon Musk criticized Meta Platforms Inc. (META) following a recent outage of Facebook, Instagram, and WhatsApp, attributing it to the company's alleged distraction with selling user data. This incident comes amid allegations and court filings accusing Meta of sharing user data with Netflix (NFLX) and other privacy concerns. Meta has denied these allegations.

Portfolio Pulse from Benzinga Neuro

April 04, 2024 | 9:32 am

GOOGL

UBER

Alphabet's Waymo has initiated UberEats deliveries in the Phoenix metro area using its self-driving cars, marking a significant step in the partnership between Waymo and Uber. This service, launched in select locations within Phoenix, Chandler, Mesa, and Tempe, represents the first use of autonomous vehicles for Uber Eats deliveries. The service uses Waymo's Jaguar I-PACE electric vehicles, allowing customers to opt for delivery by self-driving cars without additional charges for tips. This development follows a challenging period for Waymo, including a software retraction due to crashes and halted expansion plans in California over safety concerns.

Portfolio Pulse from Benzinga Neuro

April 04, 2024 | 8:41 am

AAPL

AMZN

A study on 'grief tech' reveals a generational divide in attitudes towards digital avatars as a means to cope with grief, with younger generations showing more openness. Ethical concerns about data privacy are highlighted. The trend reflects a broader societal shift towards integrating technology in life and death, raising privacy and ethical issues, as seen in various industries.

Portfolio Pulse from Benzinga Neuro

April 04, 2024 | 8:23 am