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BTCUSD

Blockchain analytics firm Nansen has reduced its staff count by 30% due to harsh market conditions, following similar moves by other crypto firms such as Coinbase, Kraken, Crypto.com, and Gemini. Bitcoin is struggling to reach $28,000 levels amid macroeconomic and regulatory challenges.

Portfolio Pulse from Mehab Qureshi

May 31, 2023 | 4:52 am

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, experienced slight declines as investors closely monitored the debt ceiling deal progress. The global crypto market capitalization stood at $1.16 trillion, with the US stock market also experiencing minor upticks. Analysts and traders are cautious about the crypto market's reaction to the debt deal and the issuance of $1 trillion in Treasury bills.

Portfolio Pulse from Mehab Qureshi

May 31, 2023 | 2:43 am

AMBA

HPE

TGT

TSLA

Investors are focusing on Tesla, C3.ai, Target, Ambarella, and Hewlett Packard stocks due to recent events. Tesla's Elon Musk visited China, C3.ai is set to report earnings, Target faces a boycott, Ambarella issued a weak Q2 forecast, and Hewlett Packard missed revenue estimates.

Portfolio Pulse from Bhavik Nair

May 31, 2023 | 1:16 am

MYCOF

Mydecine Innovations Group (OTC:MYCOF) has filed a shelf prospectus supplement for the distribution of up to 15,151,515 common shares at $0.24 per share, raising up to $3.68 million. The company recently developed a new set of MDMA analogs with positive preclinical trial outcomes. However, its Q1 2023 financial statements may raise concerns.

Portfolio Pulse from Lara Goldstein

May 31, 2023 | 12:30 am

FLHLF

A Phase 1 clinical trial led by UCSF assessing Filament Health Corp.'s (OTCQB:FLHLF) botanical psychedelic drug candidates has shown positive interim outcomes. The trial administered doses of naturally-sourced psilocybin and psilocin to four healthy subjects, reporting good tolerability and no serious adverse events.

Portfolio Pulse from Lara Goldstein

May 31, 2023 | 12:23 am

FGF

FG Financial Group (NASDAQ:FGF) has priced an underwritten public offering of 865,000 shares of its common stock at $1.85 per share, raising $1.6 million before deducting underwriting discounts, commissions, and expenses. The company has also granted underwriters a 45-day option to purchase up to 129,750 additional shares. The offering is expected to close on June 2, 2023.

Portfolio Pulse from Charles Gross

May 30, 2023 | 11:49 pm

DIS

Colorado Gov. Jared Polis proposed a friendly wager with Florida Gov. Ron DeSantis, suggesting that if the Denver Nuggets beat the Miami Heat in the NBA finals, Walt Disney World Resort (NYSE:DIS) should move from Florida to Colorado.

Portfolio Pulse from Maureen Meehan

May 30, 2023 | 11:47 pm

IMMP

Immutep announced an A$80 million fully underwritten equity raising, priced at A$0.26 per new share. The US-listed company IMMP is mentioned in the article.

Portfolio Pulse from Charles Gross

May 30, 2023 | 11:46 pm

NNOX

NVDA

PLTR

SMCI

UPST

NVIDIA Corp. (NASDAQ:NVDA) shares rose 44% in May, driven by the launch of its DGX GH200 AI supercomputer and strong quarterly earnings. Five AI-related stocks outperformed NVIDIA in May: Palantir Technologies Inc. (NYSE:PLTR), Upstart Holdings, Inc. (NYSE:UPST), Super Micro Computer, Inc. (NASDAQ:SMCI), C3.ai, Inc. (NASDAQ:AI), and Nano-X Imaging Ltd (NASDAQ:NNOX).

Portfolio Pulse from Piero Cingari

May 30, 2023 | 10:07 pm

CYBN

Cybin has entered into a $30 million common stock purchase agreement with Lincoln Park Capital Fund (LPC) over a 36-month period, with prices based on the market price at the time of each sale.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 9:47 pm