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SPY

Fed's Musalem stated that market volatility is a common occurrence and is only a concern for policymakers if it tightens financial conditions.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:39 pm

SIRI

SPY

WMT

XRT

Market sentiment improved due to positive retail sales data and lower-than-expected jobless claims. Walmart's stock surged following an upward revision of its guidance. Berkshire Hathaway increased its stake in Sirius XM.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:39 pm

GNPX

Genprex's Chief Medical Officer provided updates on the Acclaim-1 and Acclaim-3 Phase 1/2 clinical trials for lung cancer. These updates are crucial for the company's progress in developing new treatments.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:37 pm

SPY

Federal Reserve's Musalem emphasized the Fed's focus on its dual mandate, stating that the economy is performing well and recent news on inflation has been encouraging. Musalem expressed confidence in the inflation trend but highlighted the risks of cutting rates too early or too late.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:36 pm

HOOD

Robinhood Markets Inc (NASDAQ:HOOD) shares are trading higher after reporting positive operating data for July and receiving an upgrade from Deutsche Bank. The company saw increases in funded customers, net deposits, assets under custody, and trading volumes across equities, crypto, and options. Deutsche Bank upgraded the stock from Hold to Buy and raised the price target from $21 to $24.

Portfolio Pulse from Adam Eckert

August 15, 2024 | 1:35 pm

HOOD

Robinhood Markets shares are trading higher after Deutsche Bank upgraded the stock from Hold to Buy and raised its price target from $21 to $24.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:35 pm

SNOW

Snowflake Inc (NYSE:SNOW) shares are trading lower due to Berkshire Hathaway's complete exit from its position and a downgrade from Wells Fargo. Berkshire Hathaway sold its 6.1 million shares in the second quarter, and Wells Fargo downgraded the stock from Overweight to Equal-Weight, lowering the price target from $200 to $130. This comes ahead of Snowflake's second-quarter earnings report on Aug. 21.

Portfolio Pulse from Adam Eckert

August 15, 2024 | 1:30 pm

ONON

On Holding shares are trading higher after multiple analysts raised their price targets on the stock.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:28 pm

MGRX

Mangoceuticals reported a significant increase in shareholder equity for the first half of the year, rising to $13.829 million compared to $7.774 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:27 pm

NUE

Nucor shares are trading higher after Morgan Stanley upgraded the stock from Equal-Weight to Overweight despite cutting its price target from $187 to $176.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:25 pm