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BTCUSD

Todd Gordon, founder of Inside Edge Capital, predicts Bitcoin could surpass $100,000 this year, driven by a pro-crypto presidential ticket featuring Donald Trump and J.D. Vance. This prediction follows Bitcoin's surge past $60,000 after an assassination attempt on Trump. Analysts suggest a favorable scenario for Bitcoin miners due to potential pro-Bitcoin political changes.

Portfolio Pulse from Benzinga Neuro

July 16, 2024 | 7:47 am

AAPL

The U.S. Customs and Border Protection has ruled that the redesigned ECG in the Apple Watch does not infringe on AliveCor's patents, allowing Apple to import these models without additional costs. This decision is a setback for AliveCor in its ongoing legal battles against Apple.

Portfolio Pulse from Benzinga Neuro

July 16, 2024 | 6:25 am

Several major record labels have filed a $2.6 billion lawsuit against Verizon Communications Inc. (NYSE:VZ) for allegedly facilitating massive copyright infringement by its subscribers. The lawsuit claims Verizon ignored hundreds of thousands of infringement notices and continued to provide high-speed internet to known repeat infringers.

Portfolio Pulse from Benzinga Neuro

July 16, 2024 | 5:30 am

ARGX

ZLAB

Zai Lab and argenx have received approval from the NMPA for their subcutaneous injection, efgartigimod alfa SC, for the treatment of generalized myasthenia gravis (gMG) in China. This is the first and only NMPA-approved SC injectable for gMG, offering additional flexibility and optionality for patients. The approval is based on the consistent clinical benefit and safety profile demonstrated in the Phase 3 ADAPT-SC study.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 5:13 am

BAC

ENPH

JPM

NOVA

RUN

SEDG

Jim Cramer has identified stocks that could see significant gains or losses if Donald Trump wins the 2024 presidential election. Investment banks like JPMorgan Chase, Goldman Sachs, Morgan Stanley, and Bank of America could benefit from a Trump administration's favorable stance on mergers and acquisitions. Conversely, environmental policy changes could negatively impact companies like Enphase Energy, Solaredge Technologies, Sunrun, and Sunnova Energy.

Portfolio Pulse from Benzinga Neuro

July 16, 2024 | 4:49 am

BTCUSD

Senator J.D. Vance, known for his pro-cryptocurrency stance, has been announced as former President Donald Trump's running mate. Vance holds a significant amount of Bitcoin and is working on favorable crypto legislation. This move is part of Trump's broader strategy to position himself as a 'crypto president.'

Portfolio Pulse from Aniket Verma

July 16, 2024 | 3:24 am

BTCUSD

DOGEUSD

ETHUSD

Bitcoin, Ethereum, and Dogecoin extended their rally following a failed assassination attempt on Donald Trump and positive comments from Federal Reserve Chair Jerome Powell. Bitcoin surged past $64,000, Ethereum entered the $3,400 zone, and Dogecoin saw significant gains. The global cryptocurrency market cap increased by 5.35% to $2.37 trillion. Analysts advise caution, predicting potential pullbacks and retests for Bitcoin.

Portfolio Pulse from Aniket Verma

July 16, 2024 | 2:35 am

CURLF

TCNNF

VRNOF

The Libertarian Party of Florida has endorsed the adult-use cannabis legalization measure, signaling a shift in voter sentiment. Hemp executives have pledged $5M to Florida's GOP after Governor DeSantis vetoed a bill that would have impacted the hemp industry. Major cannabis companies like Trulieve, Curaleaf, and Verano are expanding their market presence in Florida. Verano and Curaleaf are set to report their Q2 results on August 7th, with expectations of lower-end revenue and EBITDA estimates.

Portfolio Pulse from Nicolás Jose Rodriguez

July 16, 2024 | 2:19 am

CNBS

JUSHF

TILT

Pennsylvania's budget approval excludes recreational cannabis legalization, impacting Jushi Holdings and TILT Holdings. Both companies had invested heavily in anticipation of legalization. Jushi's stock declined, while TILT's stock saw a slight increase. The news highlights the importance of state-level decisions for the cannabis industry.

Portfolio Pulse from Nicolás Jose Rodriguez

July 16, 2024 | 2:06 am

BIIB

BMY

JNJ

MRK

NVO

Sen. Bernie Sanders criticized the high cost of healthcare in the U.S., highlighting the financial burden on patients. He specifically mentioned the high prices of drugs from Novo Nordisk, Eisai Co Ltd, Biogen Inc, Johnson & Johnson, Merck, and Bristol-Myers Squibb.

Portfolio Pulse from Benzinga Neuro

July 16, 2024 | 1:36 am