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DISC

Disc Medicine Inc (NASDAQ:DISC) reported Phase 2 study results for bitopertin in Erythropoietic Protoporphyria (EPP), showing significant reductions in PPIX levels and improvements in phototoxic reactions. However, the placebo group's strong performance led to non-significant results in some secondary endpoints. DISC stock plunged 58.57% to $25.80.

Portfolio Pulse from Vandana Singh

April 01, 2024 | 2:52 pm

SINT

SINTX Technologies Inc (NASDAQ:SINT) shares dropped 17.2% to $0.04, hitting a new all-time low after announcing a public offering of its common stock. The proceeds are intended for working capital and general corporate purposes, with Maxim Group LLC acting as the sole placement agent. The offering's success is subject to market conditions.

Portfolio Pulse from Henry Khederian

April 01, 2024 | 2:50 pm

AQB

AquaBounty Techs (NASDAQ:AQB) reported Q4 earnings with an EPS of $-2.19, missing estimates by -43.0% against an expected $-1.53. Revenue increased by $102 thousand from the same period last year. The company's past earnings performance shows a mixed trend with a notable 10.0% drop in share price following last quarter's earnings beat.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 2:50 pm

DIS

Disney board member Carolyn Everson expressed her stance against appointing a 'highly disruptive' individual to the board, emphasizing her perspective as a shareholder. Her comments were reported by CNBC.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 2:48 pm

BABA

CGRO

JD

PGJ

TCEHY

Alibaba Cloud's livestream event, featuring influencer Luo Yonghao, attracted over 2.3 million viewers and around 1,000 companies interested in its cloud computing solutions. This event is part of Alibaba's strategy to expand its cloud computing market share, amidst a price war with competitors like Tencent Holding and JD.Com. Despite recent price cuts, Alibaba Cloud aims for long-term growth through economies of scale. Alibaba's stock, along with related ETFs Invesco Golden Dragon China ETF and Tidal Trust II CoreValues Alpha Greater China Growth ETF, could be impacted by these developments.

Portfolio Pulse from Anusuya Lahiri

April 01, 2024 | 2:48 pm

CION

OTLK

RKT

Insiders have recently made notable purchases in shares of CION Investment Corporation (CION), Outlook Therapeutics, Inc. (OTLK), and Rocket Companies, Inc. (RKT). These purchases indicate insider confidence in the companies' prospects. CION's Co-Chairman & Co-CEO Mark Gatto bought shares at an average price of $11.02, following downbeat quarterly earnings. OTLK's Director Yezan Munther Haddadin acquired shares at $11.82 each after an upgrade from Neutral to Buy with a $50 price target by BTIG. RKT's Director Matthew Rizik purchased shares at an average price of $14.57, after B of A Securities maintained an Underperform rating but raised the price target.

Portfolio Pulse from Avi Kapoor

April 01, 2024 | 2:46 pm

BTCUSD

ETHUSD

Bitcoin and Ethereum experienced declines, with Bitcoin falling below $70,000 and Ethereum below $3,600. The global crypto market cap decreased by 2% to $2.62 trillion. Core was the top gainer, while Flare and dogwifhat were among the top losers. The article lists the top ten crypto gainers and losers over the past 24 hours.

Portfolio Pulse from Avi Kapoor

April 01, 2024 | 2:46 pm

SNAP

Deep-pocketed investors have shown a bullish sentiment towards Snap Inc. (NYSE:SNAP), with a significant surge in options activity reported by Benzinga. The activity includes 10 notable options trades, with 60% being bullish and 40% bearish, targeting a price range of $9.0 to $17.0 for SNAP over the next three months. The largest trades include both puts and calls, with the most significant being a bearish put for a strike price of $15.00. Snap, known for its social networking app Snapchat, has over 400 million daily active users and generates most of its revenue from advertising. The current market standing of SNAP shows a slight decrease in price, with an RSI indicating a neutral position and an earnings announcement expected in 24 days.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 2:46 pm

INTC

High-rolling investors have shown a bullish sentiment on Intel (NASDAQ:INTC), with options data revealing a significant interest in the stock. Benzinga's tracking spotted 25 options trades, with a majority being bullish. The trades suggest a price target range for Intel between $37.5 and $55.0. Intel's current market performance shows a slight increase in stock price, with analysts giving an average target price of $48.67. The company is a leading chipmaker, expanding into new markets while maintaining its core microprocessor business.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 2:46 pm

VST

Vistra (NYSE:VST) has seen significant options trading activity, with a bullish sentiment from financial giants. Analysis revealed 13 unusual trades, with a majority being calls. Whales target a price range of $45.0 to $100.0. Vistra, a major power producer and retail energy provider, recently acquired Energy Harbor. Its stock price is currently up 0.79% at $70.2, with potential overbought signals. Analysts maintain positive ratings, with target prices ranging from $60 to $78.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 2:46 pm