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BTAI

Trading of BioXcel Therapeutics' shares has been halted pending news. The nature of the news is not yet disclosed.

Portfolio Pulse from Charles Gross

August 14, 2023 | 10:59 am

BTCUSD

Pro-Bitcoin presidential candidate Javier Milei's unexpected lead in Argentina's primary elections has caused uncertainty in the Argentine market. Milei, who supports a 'dollarization' of the economy, has not advocated for Bitcoin to be used as legal tender in Argentina. His victory could lead to further instability in Argentina's financial markets, similar to a crash in bonds and currency values in 2019 following an unexpected primary result.

Portfolio Pulse from Benzinga Neuro

August 14, 2023 | 10:32 am

HUT

Hut 8 Mining Corp. (NASDAQ:HUT) has obtained an interim order from the Supreme Court of British Columbia in connection with its business combination with U.S. Data Mining Group, Inc. dba US Bitcoin Corp. A special meeting of the holders of common shares of the company is scheduled for September 12, 2023, to approve the arrangement.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 10:04 am

BA

NOC

PPA

RTX

Democratic primary candidate Marianne Williamson criticized the U.S. defense budget of $858 billion for the fiscal year 2023, attributing part of it to price gouging by defense contractors such as Raytheon Corp (RTX), Northrop Grumman Corp (NOC), and Boeing Co (BA). She proposed a 20% cut in the defense budget, arguing that funds should be redirected towards healthcare, education, and living wages. The Invesco Aerospace & Defense ETF (PPA) ended Friday’s session up 0.36% at $85.31.

Portfolio Pulse from Shanthi Rexaline

August 14, 2023 | 8:41 am

SSNLF

The Indian government will provide Samsung Electronics Co. Ltd (NYSE:SSNLF) with a $72.3 million production-linked incentive (PLI), the largest payout under the scheme aimed at boosting domestic manufacturing. Samsung claimed incentives of around $100 million in its first year after generating revenues of approximately $1.8 billion from smartphone sales. The PLI scheme has attracted investments worth ₹6,600 crore, generating a production of ₹3 trillion and creating over 60,000 jobs.

Portfolio Pulse from Shomik Sen Bhattacharjee

August 14, 2023 | 8:11 am

BTCUSD

Former SEC officer John Reed Stark speculates that a Republican win in the 2024 presidential election could lead to a significant transformation in the US approach to cryptocurrency enforcement. This could include the resignation of SEC chief Gary Gensler and the appointment of Hester Peirce, known for her crypto-friendly stance. Stark suggests that this could lead to a decrease in the SEC's crypto-enforcement efforts and an increased likelihood of approving a bitcoin spot ETF.

Portfolio Pulse from Mehab Qureshi

August 14, 2023 | 6:36 am

INDA

India's Wholesale Price Index (WPI) inflation for July was reported at -1.36%, better than the estimated -2.70% and the prior figure of -4.12%.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 6:30 am

DELL

An Australian court has fined a Dell unit $6.5 million for misleading customers about discounts. The court found that the company had misled customers into thinking they were getting a bigger discount than they actually were.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 5:42 am

VALN

Valneva has announced an extension for the Prescription Drug User Fee Act date for its Chikungunya virus vaccine candidate. This could potentially delay the vaccine's approval and market entry.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 5:40 am

BTCUSD

DOGEUSD

ETHUSD

SHIBUSD

The article discusses the potential for investors to become millionaires if the cryptocurrency Shiba Inu (CRYPTO: SHIB) returns to its all-time high. It also mentions that Shiba Inu has been added to platforms like Coinbase, Kraken, and Robinhood, which has increased its profile and valuation. However, the bankruptcies of several cryptocurrency-related companies and pressure from the SEC have negatively impacted Shiba Inu's price and valuation. The article also compares Shiba Inu's performance to that of Dogecoin (CRYPTO: DOGE), Bitcoin (CRYPTO: BTC), and Ethereum (CRYPTO: ETH).

Portfolio Pulse from Chris Katje

August 13, 2023 | 8:12 pm