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BTCUSD

ETHUSD

The upcoming U.S. CPI and PPI inflation figures could impact the crypto industry, potentially leading to a rebound in Bitcoin and Ethereum prices. The SEC has delayed all seven Spot Bitcoin ETFs applications, requiring more time for review. Crypto trading platform, FTX, plans to liquidate $3.4 billion in recovered crypto assets, pending Delaware Bankruptcy Court approval. Several cryptocurrency projects will release tokens in the market, potentially impacting prices. The liquid staking sector has almost returned to an all-time high.

Portfolio Pulse from Khyathi Dalal

September 11, 2023 | 6:14 pm

ACB

CLVR

CRON

GRWG

HITI

MSOS

OGI

SNDL

Cannabis stocks are trading higher due to continued momentum amid US efforts to reschedule marijuana. Stocks mentioned include ACB, CLVR, CRON, GRWG, HITI, MSOS, OGI, SNDL.

Portfolio Pulse from Bill Haddad

September 11, 2023 | 6:14 pm

SAVE

Spirit Airlines' shares are trading higher following the announcement of a divestiture agreement between JetBlue and Allegiant, related to the JetBlue-Spirit combination.

Portfolio Pulse from Bill Haddad

September 11, 2023 | 6:12 pm

BMY

Bristol Myers Squibb & Co (BMY) announced six-year results from Part 1 of the Phase 3 CheckMate -227 trial, demonstrating long-term survival benefits of Opdivo plus Yervoy in the treatment of metastatic non-small cell lung cancer. The company also shared results from a Phase 2 study evaluating BMS-986278 in patients with progressive pulmonary fibrosis, showing a reduction in the rate of decline in percent predicted forced vital capacity. BMY shares are up 0.41% at $61.07.

Portfolio Pulse from Vandana Singh

September 11, 2023 | 6:10 pm

CHTR

DIS

FUBO

FuboTV shares are trading lower following a report suggesting Disney and Charter are nearing a carriage deal.

Portfolio Pulse from Bill Haddad

September 11, 2023 | 6:09 pm

BlackBerry Limited (NYSE:BB) stock is trading higher following the launch of a new series of BlackBerry Radar devices for hazardous materials carriers. The devices are backed by an 'Intrinsically Safe' certification, targeting transportation and logistics companies. BlackBerry expects Q2 revenue to be around $132 million, with IoT revenue at $49 million, and licensing and other revenue at $3 million. The company also received a takeover offer from Veritas Capital, a Carlyle Group (NASDAQ:CG) company.

Portfolio Pulse from Anusuya Lahiri

September 11, 2023 | 6:08 pm

LYFT

UBER

DA Davidson analyst Tom White reiterated a Buy rating on Uber Technologies, Inc (NYSE:UBER) with a price target of $64. The analyst compared Uber and Lyft's trip prices and wait times over the past six weeks. Lyft's prices were generally lower than Uber's by ~3.5%, but Uber consistently had shorter wait times. Lyft's quoted wait times have averaged 37% longer than Uber's since late July. Uber shares traded higher by 2.75% at $48.54 on the last check Monday.

Portfolio Pulse from Anusuya Lahiri

September 11, 2023 | 6:05 pm

EYPT

EyePoint Pharmaceuticals reported interim masked safety data from its ongoing Phase 2 PAVIA trial evaluating EYP-1901. This news has led to an increase in the company's share price.

Portfolio Pulse from Bill Haddad

September 11, 2023 | 6:04 pm

OVV

Ovintiv Inc. announced a 15 million share offering by selling shareholders, leading to a decrease in its stock price.

Portfolio Pulse from Bill Haddad

September 11, 2023 | 6:03 pm

GRNT

Granite Ridge Resources (GRNT) shares are trading lower following the announcement of a public offering by selling shareholders.

Portfolio Pulse from Bill Haddad

September 11, 2023 | 6:03 pm