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CELZ

Trading in shares of Creative Medical Technology Holdings, Inc. (CELZ) has resumed after a temporary halt.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 3:12 pm

IRON

Cantor Fitzgerald analyst Kristen Kluska has reiterated an Overweight rating on Disc Medicine (NASDAQ: IRON) and maintained a price target of $85.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 3:11 pm

FLNC

Shares of Fluence Energy, Inc. (FLNC) fell by 17% following a report that a customer is seeking a refund for the Diablo BESS EPC contract due to 'defects and chronic failures'. The news could raise concerns about the reliability of Fluence's energy storage solutions and potentially impact future sales and customer trust.

Portfolio Pulse from Charles Gross

December 20, 2023 | 3:09 pm

SOYB

WEAT

China's recent large-scale wheat purchases, totaling 60 million bushels, have the potential to improve the U.S. wheat market's outlook, which had been facing a record-low export year. The purchases come after issues with China's wheat quality and a meeting between Xi Jinping and Iowan farmers. Investors can gain exposure to these commodities through ETFs like Teucrium Wheat ETF (WEAT) and Teucrium Soybean ETF (SOYB).

Portfolio Pulse from Johnny Rice

December 20, 2023 | 3:09 pm

HYLN

Hyliion Holdings Corp (NYSE:HYLN) shares surged after announcing a $20 million share buyback program. The company is shifting focus to the KARNO generator, winding down powertrain operations. With $324 million in cash and investments as of September 2023, Hyliion plans initial paid deployments of KARNO in late 2024 and expects $40 million in cash spending for the year. A non-binding letter of intent with GTL Leasing LLC for KARNO generator deployment in California was also announced. HYLN shares rose 4.15% to $0.73.

Portfolio Pulse from Shivani Kumaresan

December 20, 2023 | 3:08 pm

LBPH

Cantor Fitzgerald analyst Josh Schimmer has reiterated an Overweight rating on Longboard Pharmaceuticals (NASDAQ:LBPH) and maintained a $35 price target on the stock.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 3:06 pm

ABR

CMTG

REM

XLRE

U.S. mortgage rates have dropped to a 6-month low, with the average 30-year fixed mortgage rate falling to 6.83%. This decline is attributed to positive inflation news and the Federal Reserve's indication of future rate cuts. Mortgage applications are up 18% year-over-year despite a recent 1.5% slowdown. Real estate stocks have surged, with the Real Estate Select Sector SPDR Fund (XLRE) and iShares Mortgage Real Estate ETF (REM) seeing significant gains. Arbor Realty Trust Inc. (ABR) and Claros Mortgage Trust Inc. (CMTG) have also experienced notable stock price increases.

Portfolio Pulse from Piero Cingari

December 20, 2023 | 3:06 pm

DOTUSD

Polkadot's (CRYPTO: DOT) price has increased by 4.55% in the last 24 hours to $7.03, despite a 0.0% loss over the past week from $7.05. The all-time high for DOT is $54.98. Trading volume has decreased by 38.0% over the past week, while the circulating supply has increased by 0.58% to 1.31 billion. Polkadot's market cap is currently ranked #12 at $9.21 billion.

Portfolio Pulse from Benzinga Insights

December 20, 2023 | 3:03 pm

CELZ

Shares of Creative Medical Technology (CELZ) were halted on a circuit breaker due to a downside move but have since recovered, now showing an increase of 6.87%.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 3:03 pm

ADAUSD

Cardano's (CRYPTO: ADA) price has increased by 3.36% in the last 24 hours to $0.60, despite a 4.0% decline over the past week from $0.63. The coin's all-time high is $3.09. Trading volume has decreased by 55.0% over the past week, while the circulating supply has risen by 0.49% to over 35.02 billion, which is 77.83% of the max supply. Cardano's market cap is currently ranked #8 at $20.98 billion.

Portfolio Pulse from Benzinga Insights

December 20, 2023 | 3:02 pm