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BTCUSD

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MS

Bitcoin has experienced a 10% decline in August, with traders predicting further downside in September. Technical indicators suggest short-term weakness, but institutional interest remains strong with significant holdings by major banks and the Norwegian Sovereign Wealth Fund.

Portfolio Pulse from Khyathi Dalal

August 15, 2024 | 3:53 pm

EWD

GOVX

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SPY

Sweden has reported its first case of Mpox Clade 1 outside Africa, according to the Public Health Agency. This development could have implications for companies involved in vaccine development and public health response.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 3:52 pm

SONN

Sonnet Biotherapeutics has filed a U.S. patent application for methods of treating age-related frailty using Interleukin-6. This development could potentially enhance their product pipeline and market position.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 3:50 pm

EWU

SPY

UK Foreign Minister Lammy is traveling to Israel to prevent a potential all-out war in the Middle East, according to Sky News citing a diplomatic source.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 3:38 pm

ZKIN

ZK International has announced full compliance with Nasdaq's periodic filing requirements after timely filing its annual report. The company has been granted an additional 180 days to regain compliance with the $1 minimum bid price requirement, with the potential use of a reverse stock split if necessary.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 3:38 pm

CVE

Cenovus Energy is preparing contingency plans to mitigate the impacts of a potential rail stoppage in Canada due to a strike or lockout.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 3:21 pm

SPY

Billionaire investor Leon Cooperman has warned that the U.S. is heading toward a financial crisis. In a CNBC interview, Cooperman expressed concerns about the current economic policies and their potential long-term impacts on the financial markets.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 3:21 pm

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The FDA has proposed a new rule requiring the submission of tracking numbers for imports of e-cigarette products. This move aims to enhance the regulation and monitoring of e-cigarette imports.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 3:09 pm

MSFT

Microsoft has announced the introduction of mandatory multifactor authentication (MFA) for all Azure sign-ins, with the rollout starting in the second half of 2024. This move aims to enhance security for Azure users.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 3:04 pm

CVX

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Chevron Corporation (NYSE:CVX) will pay Richmond $550 million over 10 years, avoiding a new refinery tax. The agreement led to the withdrawal of a proposed tax measure on Chevron's Richmond refinery. Chevron also began oil and natural gas production from the Anchor project in the Gulf of Mexico. CVX shares are up 1.15%. Investors can gain exposure via EA Series Trust Strive U.S. Energy ETF (NYSE:DRLL) and SPDR Select Sector Fund – Energy Select Sector (NYSE:XLE).

Portfolio Pulse from Lekha Gupta

August 15, 2024 | 2:44 pm