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BTCUSD

ETHUSD

The FOMC meeting today is crucial for the cryptocurrency market, with the new dot plot and CPI data potentially influencing rate cut expectations. A dovish outlook could boost crypto prices.

Portfolio Pulse from Murtuza Merchant

June 12, 2024 | 4:48 pm

FXI

SPY

URA

NATO's Secretary General Jens Stoltenberg has stated that China is heavily modernizing its nuclear capabilities. This development could have significant geopolitical implications and may impact various sectors, including defense and energy.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 4:18 pm

DNTH

Dianthus Therapeutics shares are trading higher following the FDA clearance of its Phase 2 Investigational New Drug application for the MoMeNtum trial of DNTH103 in patients with Multifocal Motor Neuropathy.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 4:16 pm

SPY

URA

VGK

NATO's Secretary General Jens Stoltenberg announced that the United States is modernizing its nuclear weapons in Europe. This move is seen as a response to increasing geopolitical tensions and aims to bolster NATO's defense capabilities.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 4:13 pm

GOOG

GOOGL

Google announced that starting in June, it will update its Healthcare and Medicines policy to allow advertisers to discuss opioid painkillers without promoting or selling them.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 4:07 pm

EADSY

Airbus has stated that trade tariffs are increasing complexity and costs for its supply chain and its customers. The rising trade tensions globally are testing the resilience of companies like Airbus.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 3:56 pm

CUBA

SPY

VGK

White House National Security Adviser Jake Sullivan stated that the U.S. is closely monitoring the presence of the Russian Navy in Cuba. This development could have geopolitical implications and may affect market sentiment.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 3:39 pm

NVO

Michigan's largest insurer has decided to stop covering weight-loss drugs, which could impact pharmaceutical companies that produce these medications.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 3:29 pm

BTCUSD

DOGEUSD

PEPEUSD

SHIBUSD

Lower-than-expected CPI data has boosted Bitcoin's price, leading to a 3% increase in global crypto market capitalization. This has raised hopes for interest rate cuts ahead of a pivotal Fed meeting. Bitcoin spiked to $69,600, with altcoins like Dogecoin, Pepe, and Shiba Inu also seeing gains.

Portfolio Pulse from Khyathi Dalal

June 12, 2024 | 3:21 pm

AMD

NVDA

NXPI

SMH

SOXX

TSM

Nvidia (NVDA) and AMD (AMD) stocks are trading higher due to the ongoing AI frenzy and potential U.S. semiconductor technology embargo on Russia. Nvidia's supplier TSMC (TSM) is hiring in Europe and planning a new fab in Dresden. Investors can also gain exposure through ETFs like SMH and SOXX.

Portfolio Pulse from Anusuya Lahiri

June 12, 2024 | 2:59 pm