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BTCUSD

New research from CryptoQuant indicates a significant decrease in Bitcoin miners' selling pressure, suggesting a potential upward trend for Bitcoin prices. This shift could lead to a more optimistic outlook for the cryptocurrency market moving into Q3 2024.

Portfolio Pulse from Murtuza Merchant

June 28, 2024 | 12:01 pm

SYF

Analysts have provided a range of opinions on Synchrony Financial (NYSE:SYF) over the past quarter, with ratings varying from bullish to bearish. The average 12-month price target has increased to $48.15, reflecting a 15.14% rise from the previous average. Key analysts have updated their ratings and price targets, indicating a generally positive outlook for the company. Synchrony Financial has shown strong financial performance with significant revenue growth, high net margins, and effective debt management.

Portfolio Pulse from Benzinga Insights

June 28, 2024 | 12:01 pm

BITB

ETHE

FBTC

GBTC

The cryptocurrency market is showing resilience with Bitcoin spot ETFs recording net inflows despite outflows from the Grayscale Bitcoin Trust. Analysts are optimistic about the imminent launch of spot Ethereum ETFs, predicting significant inflows that could drive Ethereum's value higher.

Portfolio Pulse from Murtuza Merchant

June 28, 2024 | 11:52 am

AAPL

Apple Inc. (NASDAQ:AAPL) has launched its mixed-reality headset, Vision Pro, in China at a price 18% higher than in the U.S. Despite the higher price, initial training sessions in Beijing are fully booked. The launch follows a trademark dispute and comes amid competition from local brands like Huawei.

Portfolio Pulse from Benzinga Neuro

June 28, 2024 | 11:50 am

AMZN

TSLA

Amazon.com, Inc. (NASDAQ:AMZN) has reached a $2 trillion market cap, prompting a cheeky response from Elon Musk. The stock surge is attributed to a Buy rating and increased price target from BofA Securities, as well as strong sales performance. Despite this, Amazon shares were down 0.28% in after-hours trading.

Portfolio Pulse from Ananya Gairola

June 28, 2024 | 11:38 am

SPY

Fed's Barkin indicated that real-time consumer demand indicators, such as credit card spending, remain solid but not excessive. Conversations with contacts also suggest good, solid demand growth.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 11:37 am

BTCY

Biotricity Inc. (NASDAQ:BTCY) has launched HeartSecure, an at-home heart health screening service that provides immediate results, improving accessibility and affordability in cardiac care. This innovation addresses the delays in traditional cardiac screening and is expected to create new revenue streams for the company.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 11:35 am

PLUG

Plug Power expects to receive a federal clean hydrogen production tax credit for its hydrogen facility in Georgia. This development could positively impact the company's financials and growth prospects.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 11:08 am

PLUG

Plug Power plans to leverage the Inflation Reduction Act's Section 45V credit for clean hydrogen production in its upcoming quarterly financial reports. The company aims to utilize this framework to enhance its hydrogen generation facilities across the U.S.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 11:07 am

NKE

Nike shares are down 14% premarket after the company announced on a conference call that it now expects FY25 reported revenue to decline by mid-single digits, with the first half down by high single digits.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 11:06 am