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CRWD

DAL

Delta Air Lines (NYSE:DAL) is under investigation by the U.S. Department of Transportation due to ongoing flight disruptions. The disruptions were caused by a faulty software update from CrowdStrike Holdings (NASDAQ:CRWD). Delta has canceled over 440 flights and its stock has fallen nearly 5% in the past five days.

Portfolio Pulse from Erica Kollmann

July 23, 2024 | 6:33 pm

SPY

President Joe Biden is scheduled to meet with Israeli Prime Minister Benjamin Netanyahu on Thursday, according to the White House.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 6:02 pm

SPY

President Biden made his first public appearance after ending his reelection bid, boarding Air Force One to Washington. This event may have implications for the political landscape and market sentiment.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 5:45 pm

LUV

Southwest Airlines claims to have an 'exceptional' safety program with an FAA-accepted Safety Management System to manage and mitigate operational risks. The airline has also recently formed a dedicated team to enhance its existing safety management system.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 5:36 pm

LUV

Southwest Airlines is collaborating with the Federal Aviation Administration (FAA) to review recent events, according to a statement reported by Reuters.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 5:34 pm

BTCUSD

Prediction market data shows a 28% chance of Donald Trump announcing a strategic Bitcoin reserve, reflecting skepticism among bettors. Discussions about integrating Bitcoin into national financial strategies are ongoing, with proposals to include Bitcoin in the U.S. Exchange Stabilization Fund. However, betting markets remain unconvinced of Trump's endorsement.

Portfolio Pulse from Murtuza Merchant

July 23, 2024 | 5:33 pm

BLK

CBOE

COIN

ETHUSD

Nine spot Ethereum ETFs have launched on US exchanges, marking a significant milestone in the mainstream adoption of digital assets. Major financial players like BlackRock, Fidelity, and Grayscale are offering these ETFs, which have seen substantial trading volumes in their early hours. Experts have mixed views on the immediate impact, but agree on the long-term potential for increased institutional involvement and regulatory clarity.

Portfolio Pulse from Murtuza Merchant

July 23, 2024 | 5:21 pm

LUV

Southwest Airlines has faced multiple potential flight-safety incidents in recent months and is working closely with the FAA on reviews. The FAA has launched an audit following these close calls.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 5:20 pm

JNJ

Johnson & Johnson (NYSE: JNJ) has requested FDA approval for its esketamine nasal spray, Spravato, as a monotherapy for treatment-resistant depression (TRD) in adults. If approved, it will be the first monotherapy for TRD. The application is backed by positive Phase 4 study results. Spravato sales have shown nearly 100% growth year-over-year.

Portfolio Pulse from Nina Zdinjak

July 23, 2024 | 5:20 pm

IWM

Investors are rotating from large-cap tech stocks to small-cap equities, driven by expectations of a Federal Reserve rate cut in September. The iShares Russell 2000 ETF (NYSE:IWM) has shown significant outperformance relative to the Nasdaq 100 index. Analysts attribute this shift to declining Treasury yields, weaker labor market data, and political factors favoring small caps.

Portfolio Pulse from Piero Cingari

July 23, 2024 | 5:03 pm