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Homeowners in the U.S. have reached record levels of real estate equity, with total equity hitting $35.1 trillion in Q2 2023. Mortgage debt relative to property value is at its lowest in nearly 70 years, suggesting strong consumer balance sheets. Mortgage rates have decreased, encouraging refinancing. Rocket Companies, Bank of America, and Better Home & Finance Holding Company saw mixed stock movements.

Portfolio Pulse from Michael Juliano

September 13, 2024 | 6:23 pm

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Boeing faces challenges as a strike by 33,000 workers impacts its operations. BofA analyst Ronald J. Epstein maintains a Neutral rating on Boeing, with a $200 price target, highlighting the company's vulnerability due to delayed production and potential need for wage concessions. Boeing's stock has dropped 25% over the past year, and Moody's has placed its ratings on review for downgrade. Investors can access Boeing through ETFs like iShares U.S. Aerospace & Defense ETF and Gabelli Commercial Aerospace and Defense ETF.

Portfolio Pulse from Nabaparna Bhattacharya

September 13, 2024 | 6:22 pm

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Donald Trump's cryptocurrency portfolio has suffered a significant loss, dropping by $19.27 million over three months. His holdings, including Maga Memecoin and Ethereum, have decreased by 76.6%. Despite this, Trump is launching a new crypto project, World Liberty Financial, signaling a shift in his stance on digital currencies.

Portfolio Pulse from Murtuza Merchant

September 13, 2024 | 6:22 pm

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Vision Marine Technologies shares have resumed trading after a temporary halt. This development may impact investor sentiment and trading activity for the company.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 6:21 pm

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CureVac shares rise following the presentation of positive Phase 1 study results for its CVGBM cancer vaccine targeting Glioblastoma at the ESMO 2024 Congress.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 6:21 pm

VMAR

Vision Marine Technologies shares were halted due to a circuit breaker as the stock fell by 13.3%.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 6:17 pm

SMWB

Similarweb shares are experiencing a decline following the announcement of a secondary offering, which may indicate continued weakness in the stock.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 6:16 pm

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Intel has secured approximately $2 billion in state aid from the European Commission for its new chip plant in Poland. The plant, initially announced in 2022, is expected to be completed by the end of 2024. Intel's stock has been down 50% over the past year, and the company is considering strategic stake sales in Mobileye and its Enterprise Networking division.

Portfolio Pulse from Anusuya Lahiri

September 13, 2024 | 6:15 pm

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Eastside Distilling's shares are declining following the company's announcement of a $10 million mixed shelf offering.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 6:12 pm

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BuzzFeed shares are experiencing an uptick following reports that Netflix is in talks to add First We Feast's 'Hot Ones' to its platform.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 6:12 pm