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BTCUSD

ETHUSD

Bernstein analysts suggest that if election sentiment shifts more Republican, crypto could become a primary 'Trump trade.' They highlighted recent outflows from Bitcoin ETFs and concerns over the upcoming Ethereum ETF launch. Bitcoin ETFs have seen substantial success but are currently experiencing outflows. Ethereum ETFs are expected to have a limited initial impact. The analysts see potential for crypto under a Republican presidency and view current market weakness as an opportunity.

Portfolio Pulse from Murtuza Merchant

June 24, 2024 | 4:38 pm

MSFT

SPY

A White House official has stated that the deal between G42 and Microsoft is positive as it involves cutting off ties with Huawei.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 4:19 pm

CKPT

Checkpoint Therapeutics shares are trading higher after the company announced it reached alignment with the FDA on its biologics license application resubmission strategy for cosibelimab.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 4:12 pm

AAPL

BTCUSD

NVDA

XLK

Micron's upcoming earnings report is expected to significantly influence the AI rally and the broader stock market. The report will be released on Wednesday after the close. Other notable mentions include Apple's regulatory issues in Europe, mixed money flows in major tech stocks, and cooling inflows in Bitcoin ETFs.

Portfolio Pulse from The Arora Report

June 24, 2024 | 3:59 pm

XOM

ExxonMobil and Air Liquide have announced an agreement to support the production of low-carbon hydrogen and ammonia at ExxonMobil's Baytown, Texas facility. Air Liquide will build and operate four large modular air separation units to supply oxygen and nitrogen, using low-carbon electricity to reduce the project's carbon footprint. The final investment decision is subject to supportive government policy and necessary regulatory permits.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 3:47 pm

EWC

FXI

TSLA

Canada's Finance Minister announced measures to protect the auto industry from unfair competition, particularly from China's overcapacity in electric vehicles (EVs). A 30-day consultation starting July 2 will explore potential policy responses, including tariffs on Chinese EVs. This move aligns with actions from the EU and U.S.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 3:16 pm

ALLR

Allarity Therapeutics shares are trading lower after the company announced that it received a noncompliance letter from the Nasdaq.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 3:15 pm

CDK

PAG

SAH

CDK Global, a SaaS provider for car dealerships, has been hit by the BlackSuit ransomware gang, causing significant IT outages. This has disrupted operations for dealerships across North America, including Penske Automotive Group and Sonic Automotive. CDK is negotiating with the attackers to secure a decryptor and prevent data leaks.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 3:07 pm

IIPR

Cody Shandraw, president of Healing Realty Trust, discussed the role of real estate in the growth of psychedelic therapies on Benzinga’s Cannabis Insider podcast. Shandraw highlighted the importance of specialized facilities for treatments like MDMA-assisted therapy and mentioned his investment in Innovative Industrial Properties (NYSE:IIPR) as a pivotal moment. Healing Realty Trust aims to develop real estate solutions to support the expansion of psychedelic therapies, with potential future expansions and an IPO.

Portfolio Pulse from Patricio Liddle

June 24, 2024 | 3:01 pm

FXI

China's President Xi Jinping acknowledged that China's capacity for original innovation remains relatively weak and that some key core technologies are restricted by other countries.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 2:11 pm