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BONEUSD

DOGEUSD

SHIBUSD

Shiba Inu (CRYPTO: SHIB), a meme-based cryptocurrency, plunged 4% in value within the last 24 hours due to a significant drop in the SHIB burn rate. Over $250,000 worth of SHIB was liquidated in the past 24 hours, with $249,750 being associated with long positions. Despite the drop in value, the trading volume of SHIB saw a 15% increase, reaching $112.8 million on Tuesday.

Portfolio Pulse from Mehab Qureshi

October 03, 2023 | 7:08 am

VRNA

Verona Pharma will present additional analyses of positive Phase 3 ENHANCE studies in COPD at CHEST 2023. The company's stock, VRNA, may be impacted by this news.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 7:04 am

CALM

MKC

TRIB

The CNN Money Fear and Greed index showed some easing in the fear level, but remained in the 'Fear' zone on Monday. U.S. stocks closed mixed with the Dow Jones closing lower and the S&P 500 and Nasdaq Composite closing higher. The ISM manufacturing PMI increased to 49 in September, above market estimates. Investors are awaiting earnings results from McCormick & Company, Cal-Maine Foods, and Trinity Biotech.

Portfolio Pulse from Lisa Levin

October 03, 2023 | 6:58 am

RIVN

Rivian Automotive Inc (NASDAQ:RIVN) has introduced a 'Max' battery pack for its R1S SUV, priced at $16,000. The Max battery option provides an EPA-estimated range of 400 miles with dual-motor and performance dual-motor R1S SUVs. The company offers three battery options: the standard pack (free), the large pack ($6,000), and the Max pack. The high price of the Max pack has sparked criticism among users on social media.

Portfolio Pulse from Anan Ashraf

October 03, 2023 | 6:49 am

BHVN

Biohaven has priced a public offering of 10,227,273 common shares at $22 per share, raising $225 million in capital.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 6:45 am

CALM

Cal-Maine Foods, Inc. (NASDAQ:CALM) is expected to report a sharp decline in Q1 earnings, with estimates at 25 cents per share, down from $2.57 per share a year ago. The company's revenue is also expected to decrease to $473.37 million from $617.4 million. Cal-Maine recently agreed to acquire egg production assets of Fassio Egg Farms. The company's shares fell 1.9% to close at $47.52 on Monday. Analysts from Stephens & Co. and Goldman Sachs have given the company an Equal-Weight rating and a Sell rating respectively.

Portfolio Pulse from Lisa Levin

October 03, 2023 | 6:13 am

RIVN

TSLA

Rivian Automotive's Q3 deliveries exceeded expectations, but the company's shares fell as it left its 2023 production guidance unchanged. Analyst Gary Black suggests there's a high likelihood Rivian will raise their production guidance with Q3 earnings. Rivian's performance is significant as it contrasts with Tesla's Q3 sales, which were below expectations.

Portfolio Pulse from Shanthi Rexaline

October 03, 2023 | 5:17 am

DOGEUSD

SHIBUSD

Baby Doge (CRYPTO: BABYDOGE) experienced a 5% surge in value within the last 24 hours, outperforming other meme coins like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). The price increase is attributed to a significant burn event of over $5 million worth of Baby Doge tokens and the upcoming listing of Baby Doge on GroveXchange. Elon Musk's tweet also played a role in boosting meme-related cryptocurrencies.

Portfolio Pulse from Mehab Qureshi

October 03, 2023 | 5:00 am

EWA

Australia's building approvals for August have exceeded estimates, coming in at 7% month-on-month compared to the 2.5% estimate. This is a significant improvement from the revised -7.4% in the prior month.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 4:54 am

BCHUSD

BSVUSD

BTCUSD

ETHUSD

A tweet from the handle @satoshi, associated with Bitcoin's anonymous creator Satoshi Nakamoto, led to a 20% surge in the value of Bitcoin SV (BSV), a cryptocurrency that branched off from Bitcoin. This is the first tweet from the account since 2018. The tweet sparked speculation about the true identity of the person behind the @satoshi handle. BSV was created by a group led by Craig Wright, who claims to be the original creator of Bitcoin.

Portfolio Pulse from Mehab Qureshi

October 03, 2023 | 3:25 am