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NRXS

Shares of Neuraxis (NRXS) have been halted due to a circuit breaker being triggered to the upside.

Portfolio Pulse from Happy Mohamed

August 09, 2023 | 2:55 pm

VRTX

Vertex Pharmaceuticals reported better-than-expected Q2 revenue results and issued Q3 revenue guidance above estimates, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 2:53 pm

NRXS

Trading of Neuraxis shares has resumed.

Portfolio Pulse from Happy Mohamed

August 09, 2023 | 2:52 pm

NVDA

SMCI

NVIDIA shares are trading lower due to weakness in the semiconductor sector, potentially caused by poor earnings from Super Micro Computer.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 2:50 pm

BKSY

RKLB

Rocket Lab USA, Inc. (NASDAQ:RKLB) shares are down 5% on Wednesday and more than 9% over the last five sessions. The company reported Q2 losses of 10 cents per share, missing the analyst consensus estimate. However, it beat sales estimates with $62.05 million, an 11.85% increase YoY. Rocket Lab also announced a purchase agreement with BlackSky Technology, Inc. (NYSE:BKSY) for five launches and a new launch services agreement with a confidential customer for a NASA mission in 2024.

Portfolio Pulse from Erica Kollmann

August 09, 2023 | 2:49 pm

NRXS

Neuraxis shares began trading and opened at $6.50 per share, higher than the IPO price of $6 per share. However, the shares were halted on a circuit breaker due to a downside movement.

Portfolio Pulse from Happy Mohamed

August 09, 2023 | 2:49 pm

SPKY

SPY

Ahead of the release of key July inflation data, the SPDR S&P 500 (NYSE:SPY) traded mostly flat. This follows volatile price action on Tuesday due to Moody’s downgrading 10 U.S. small and mid-sized banks. The upcoming U.S. consumer price index (CPI) data will be crucial for the market, potentially influencing the Federal Reserve's decision on interest rate hikes. If CPI data is higher than expected, market volatility may increase, and traders may choose to leverage this through the Convexity Daily 1.5x SPIKES Futures ETF (NYSE:SPKY).

Portfolio Pulse from Melanie Schaffer

August 09, 2023 | 2:48 pm

TLRY

Tilray Brands Inc (NASDAQ:TLRY) shares are trading lower by 5.4% to $2.86, potentially due to profit-taking after the company announced an agreement to acquire eight beer and beverage brands from Anheuser-Busch. The acquisition will make Tilray the 5th largest craft beer business in the U.S., up from 9th. The all-cash transaction is expected to close in 2023.

Portfolio Pulse from Henry Khederian

August 09, 2023 | 2:48 pm

JAMF

Jamf Holding reported its Q2 financial results, which led to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 2:47 pm

LNG

A significant bullish stance has been taken on Cheniere Energy (AMEX:LNG) as evidenced by unusual options activity. The overall sentiment of these big-money traders is split between 66% bullish and 33% bearish. Whales have been targeting a price range from $150.0 to $190.0 for Cheniere Energy over the last 3 months. The price of LNG is up 4.38% at $170.33, with RSI indicators suggesting the stock may be approaching overbought.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 2:47 pm