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BITF

SDIG

Bitfarms Ltd (NASDAQ:BITF) is acquiring Stronghold Digital Mining Inc (NASDAQ:SDIG) in a $125 million merger, boosting its U.S. Bitcoin mining capacity. Bitfarms shares fell 6.8%, while Stronghold shares surged 63%. The merger, approved by both companies' boards, is expected to close in Q1 2025.

Portfolio Pulse from Henry Khederian

August 21, 2024 | 1:15 pm

HAL

Halliburton's short interest has decreased by 22.56%, with 27.15 million shares sold short, representing 4.12% of its float. This is lower than its peers' average short interest of 7.04%. The decrease in short interest may indicate a more bullish sentiment towards Halliburton.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 1:15 pm

SPY

Kamala Harris proposes a tax on unrealized gains, facing backlash from Wall Street. The proposal includes raising the corporate tax rate and implementing a minimum tax on unrealized gains for high-income individuals. Critics argue it disincentivizes long-term investments.

Portfolio Pulse from Shanthi Rexaline

August 21, 2024 | 1:15 pm

FNB

F N B's short interest has decreased by 13.94%, with 6.73 million shares sold short, representing 2.47% of its float. This is lower than its peers' average short interest of 3.47%. The decrease in short interest may indicate a more bullish sentiment towards F N B.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 1:15 pm

AEI

NRDY

ZOM

Insider transactions in penny stocks Zomedica, Alset, and Nerdy show significant purchases by executives, indicating potential confidence in these companies despite recent challenges.

Portfolio Pulse from Avi Kapoor

August 21, 2024 | 1:12 pm

F

Ford Motor Co (NYSE:F) shares rose after announcing a shift in its EV strategy, including new electric vehicles and hybrid technologies. The company plans to introduce a full electric van in 2026 and two electric pickup trucks by 2027. Ford will also realign its battery sourcing and reduce its capital expenditure on pure EVs.

Portfolio Pulse from Adam Eckert

August 21, 2024 | 1:11 pm

F

GM

RIVN

TSLA

WKSP

General Motors (GM) is expanding its electric vehicle lineup with the GMC Sierra, aiming to lead the U.S. electric truck market. The competition includes Ford, Rivian, and Tesla. Worksport is launching a portable energy system compatible with GM and Ford pickups, potentially collaborating with Tesla.

Portfolio Pulse from Upwallstreet

August 21, 2024 | 1:07 pm

AADI

Aadi Bioscience Inc. (NASDAQ:AADI) announced the halt of its PRECISION1 trial for nab-sirolimus in solid tumors due to insufficient efficacy for accelerated approval. The company will focus on cash preservation and its commercial product, Fyarro, while pausing new enrollments in other trials. Aadi's stock fell 14.8% following the news.

Portfolio Pulse from Vandana Singh

August 21, 2024 | 1:07 pm

NDSN

Nordson Corporation (NASDAQ:NDSN) is set to release its Q3 earnings report, with analysts expecting a slight decrease in earnings per share compared to last year. The company recently increased its dividend, offering a yield of 1.30%. Investors can earn $500 monthly from dividends with a significant investment in Nordson shares.

Portfolio Pulse from Avi Kapoor

August 21, 2024 | 1:06 pm

FE

NOVA

Two utility stocks, Sunnova Energy International Inc (NOVA) and FirstEnergy Corp (FE), are currently overbought according to their RSI values, indicating potential short-term price corrections. Analysts have adjusted their price targets for both stocks, with NOVA's target raised to $13 and FE's to $45.

Portfolio Pulse from Avi Kapoor

August 21, 2024 | 1:05 pm