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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

AZTR

Azitra, Inc. (AMEX:AZTR) shares surged 389% after the U.S. Patent and Trademark Office granted a patent for its filaggrin-secreting strain of Staphylococcus epidermidis for treating atopic dermatitis. This patent aims to address diseases associated with filaggrin deficiency, affecting approximately 16.5 million people in the U.S.

Portfolio Pulse from Dylan Berman

July 23, 2024 | 4:52 pm

SPY

President Biden is scheduled to travel to Austin, Texas on Monday, July 29, according to Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 4:09 pm

VVOS

Vivos Therapeutics has received a Notice of Allowance for its US Patent Application 18/215,930, which covers a vibrational oral appliance designed to provide temporary relief from sleep disordered breathing, sleep apnea, and snoring.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 4:03 pm

ETHUSD

The SEC has approved nine spot Ethereum ETFs for trading, leading to predictions of short-term volatility. Traders believe the market has not fully accounted for potential massive inflows. Ethereum's price could see a significant impact, with some traders predicting a 75% upside in the short term.

Portfolio Pulse from Khyathi Dalal

July 23, 2024 | 3:51 pm

CRTO

GOOG

PUBM

TTD

Alphabet Inc (GOOG) has decided to retain third-party cookies in its Chrome browser, reversing its previous stance on phasing them out. This decision has significant implications for the digital advertising industry, particularly benefiting companies like The Trade Desk Inc (TTD), Criteo SA (CRTO), and PubMatic Inc (PUBM). The move is seen as a strategic effort to maintain Google's dominant position in the digital ad market while addressing regulatory and user privacy concerns.

Portfolio Pulse from Surbhi Jain

July 23, 2024 | 3:46 pm

NVVE

Nuvve has been granted US Patent #12046905 for its 'Multi-Technology Grid Regulation Service,' which enables bi-directional charging capabilities for existing electric vehicles (EVs).

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 3:07 pm