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NVDA

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Nvidia Corp (NASDAQ:NVDA) stock is trading higher on Thursday due to a fallout in AI chip production discussions between SoftBank Group Corp (OTC:SFTBF) and Intel Corp (NASDAQ:INTC). SoftBank is now turning to Taiwan Semiconductor Manufacturing Co (NYSE:TSM), a key Nvidia supplier. Intel's financial struggles, including a $7 billion operating loss, contributed to the failed deal. Nvidia's stock has been volatile but is up over 176% in the last 12 months. Investors can gain exposure to Nvidia through Vanguard S&P 500 ETF (NYSE:VOO) and SPDR S&P 500 (NYSE:SPY).

Portfolio Pulse from Anusuya Lahiri

August 15, 2024 | 3:59 pm

PNC

PNC Financial shares are trading higher after B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $185 to $200.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 3:59 pm

TSBX

Turnstone Biologics Corp. (NASDAQ:TSBX) released initial data from its Phase 1 STARLING trial of TIDAL-01 in metastatic microsatellite-stable colorectal cancer (MSS mCRC). The data showed a 25% overall response rate and a 50% disease control rate among four evaluable patients. The company is now focusing on high unmet medical need cancers, including colorectal cancer, head and neck cancer, and uveal melanoma. Despite the promising data, TSBX stock is down 57.53% to 93 cents.

Portfolio Pulse from Vandana Singh

August 15, 2024 | 3:57 pm

TERN

Shares of Terns Pharmaceuticals are being closely watched as a popular newsletter has positively mentioned the company.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 3:57 pm

SNPS

Synopsys shares are trading higher after Rosenblatt raised its price target on the stock from $615 to $635.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 3:56 pm

FFIE

Faraday Future Intelligent Electric Inc (NASDAQ:FFIE) shares dropped by 22% to $0.13 after reporting a GAAP EPS loss of 31 cents and sales of $293,000 for Q2 2024. The company announced a 1-for-40 reverse stock split effective August 16. Operating expenses and cash usage have decreased, and the company is focusing on cost reduction, vehicle production, and market expansion.

Portfolio Pulse from Henry Khederian

August 15, 2024 | 3:54 pm

BTCUSD

GS

MS

Bitcoin has experienced a 10% decline in August, with traders predicting further downside in September. Technical indicators suggest short-term weakness, but institutional interest remains strong with significant holdings by major banks and the Norwegian Sovereign Wealth Fund.

Portfolio Pulse from Khyathi Dalal

August 15, 2024 | 3:53 pm

ROP

Roger Technologies shares are trading higher following the announcement of its $1.5 billion acquisition of Transact Campus.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 3:52 pm

EWD

GOVX

SIGA

SPY

Sweden has reported its first case of Mpox Clade 1 outside Africa, according to the Public Health Agency. This development could have implications for companies involved in vaccine development and public health response.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 3:52 pm

MELI

Mercado Libre shares are trading higher after Citigroup raised its price target on the stock from $2000 to $2200.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 3:51 pm