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SBFM

Semler Scientific has purchased an additional 83 Bitcoins for $5 million, increasing its total Bitcoin holdings to 1,012, acquired for $68 million. The company views growing institutional adoption as a positive driver for Bitcoin value and stockholder returns.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:06 pm

ETHA

FBTC

FETH

GBTC

IBIT

Bitcoin ETFs saw significant inflows last week, with BlackRock and Fidelity leading the charge, while Grayscale experienced outflows. This surge is linked to potential interest rate cuts hinted by Fed Chairman Powell. Ethereum ETFs faced outflows, but new products still attracted substantial investments.

Portfolio Pulse from Murtuza Merchant

August 26, 2024 | 12:05 pm

QMCO

Quantum Corporation has announced a 1-for-20 reverse stock split to comply with Nasdaq listing standards. This move is aimed at maintaining its listing status without altering stockholder percentage ownership.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:04 pm

BABA

PDD

Alibaba shares are trading lower in sympathy with PDD Holdings after PDD reported disappointing Q2 sales results.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:04 pm

ML

MoneyLion Inc. has announced a $20 million share repurchase program for its Class A common stock, allowing the company to buy back shares through various methods, including open market transactions and privately negotiated deals.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:02 pm

OLLI

Analysts have shown a positive outlook on Ollie's Bargain Outlet (NASDAQ:OLLI) with 14 analysts providing ratings over the past three months. The average 12-month price target has increased by 8.79% to $101.64. Analysts have raised their ratings and price targets, reflecting confidence in the company's financial performance, including strong revenue growth and profitability metrics.

Portfolio Pulse from Benzinga Insights

August 26, 2024 | 12:00 pm

ALAR

Alarum Technologies shares declined following the release of mixed Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 11:53 am

BGNE

HALO

Two health care stocks, BeiGene Ltd (NASDAQ:BGNE) and Halozyme Therapeutics, Inc. (NASDAQ:HALO), are considered overbought with RSI values above 70, indicating potential short-term price declines. Both companies reported strong Q2 results, but their recent stock gains may lead to a pullback.

Portfolio Pulse from Avi Kapoor

August 26, 2024 | 11:53 am

PWM

Prestige Wealth shares rise following the announcement of a definitive acquisition agreement to purchase all shares of SPW Global.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 11:50 am

MRM

MEDIROM Healthcare Technologies shares rose following the announcement of a capital and business alliance between its subsidiary, MEDIROM MOTHER Labs, and NFES Technologies.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 11:47 am