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BABA

DJT

FDX

NKE

TSLA

The U.S. stock market surged to new highs following the Federal Reserve's interest rate cut. Tesla, Nike, Alibaba, FedEx, and Trump Media & Technology were notable movers. Tesla rose 7.36% due to the rate cut, Nike jumped 9% after announcing a CEO transition, Alibaba gained 4.82% with new AI models, FedEx fell post-earnings, and Trump Media dropped 5.89% as lockup restrictions are set to expire.

Portfolio Pulse from Benzinga Neuro

September 20, 2024 | 3:16 am

BTCUSD

DOGEUSD

ETHUSD

Cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, rose following a 50 basis point interest rate cut by the Federal Reserve. Bitcoin reached its highest value in nearly four weeks, while Ethereum approached $2,500. Analysts predict further bullish trends if Bitcoin reclaims its 200-day moving average and expect increased interest in Ethereum and DeFi due to potential future rate cuts.

Portfolio Pulse from Aniket Verma

September 20, 2024 | 3:01 am

BLK

IBIT

BlackRock Inc. (NYSE:BLK) has highlighted Bitcoin as a potential hedge against the U.S. federal deficit and debt crisis, which stands at $35 trillion. The asset manager's advocacy for Bitcoin, including the launch of the iShares Bitcoin Trust ETF (NASDAQ:IBIT), is seen as a strategic move to diversify against fiscal and geopolitical risks.

Portfolio Pulse from Aniket Verma

September 20, 2024 | 2:07 am

WHLRD

Trading for WHLRD has been halted as of 7:50:00 p.m. ET due to pending news. Investors should stay alert for updates that could impact the stock's price.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 11:50 pm

WHLRL

Trading for WHLRL has been halted as of 7:50:00 p.m. ET due to pending news. This indicates that significant information regarding the company is expected to be released soon, which could impact its stock price.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 11:50 pm

WHLRP

Trading for WHLRP has been halted as of 7:50:00 p.m. ET due to pending news. Investors should stay alert for updates that could impact the stock's price.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 11:50 pm

WHLR

Trading for an unspecified asset was halted at 7:50:00 p.m. ET due to pending news. The article hints that WHLR may be involved.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 11:50 pm

MBB

MORT

REM

Mortgage rates are nearing 6% following a Federal Reserve rate cut, increasing demand for refinancing and home purchases. ETFs holding mortgage stocks, such as iShares Mortgage Real Estate ETF, VanEck Mortgage REIT Income ETF, and iShares MBS ETF, have seen slight increases.

Portfolio Pulse from Michael Juliano

September 19, 2024 | 10:30 pm

CYBN

Cybin Inc. is set to initiate a pivotal Phase 3 study for CYB003 in Major Depressive Disorder imminently, with 12-month efficacy data from its Phase 2 study expected in early Q4 2024. Additionally, Phase 2 results for CYB004 in Generalized Anxiety Disorder are anticipated by the end of 2024 or early 2025. The company has strengthened its R&D team with new leadership.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 9:40 pm

INTC

MBLY

Mobileye's stock surged nearly 15% after Intel announced it would retain its majority stake in the company, emphasizing Mobileye's potential in autonomous driving technology. Intel's decision reflects confidence in Mobileye's growth prospects and its role in the autonomous driving sector.

Portfolio Pulse from Michael Juliano

September 19, 2024 | 9:37 pm