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SPY

Investors are closely watching Fed Chair Jerome Powell's upcoming speech at the Jackson Hole Symposium for hints on monetary policy. While a rate cut in September is expected, the size of the cut remains uncertain. Analysts predict Powell may express confidence in the inflation outlook and emphasize labor market risks. The SPDR S&P 500 ETF Trust (NYSE:SPY) could be impacted by Powell's guidance, as seen in past reactions to his speeches.

Portfolio Pulse from Piero Cingari

August 22, 2024 | 5:09 pm

GDC

GD Culture Group shares are experiencing an upward trend following the company's announcement of launching its TikTok account.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 5:06 pm

CMND

Clearmind Medicine's shares rose following the announcement of a patent approval from the US Patent and Trademark Office.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 5:05 pm

FFIE

Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) shares surged over 100% on Thursday, experiencing multiple trading halts due to volatility. The stock's movement follows a recent 1-for-40 reverse stock split and an announcement of a new China-U.S. Automotive Bridge Strategy. The company plans to introduce a mass-market EV brand leveraging its core technologies.

Portfolio Pulse from Erica Kollmann

August 22, 2024 | 5:03 pm

NUVOW

Trading for NUVOW has been halted as of 1:02:03 p.m. ET due to pending news. Investors should stay alert for updates that could impact the stock's price.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 5:02 pm

NUVO

Trading for an unspecified asset was halted at 1:02:03 p.m. ET due to pending news. The halt indicates that significant information is expected to be released, which could impact the asset's price.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 5:02 pm

CMG

Chipotle Mexican Grill (NYSE:CMG) has significantly outperformed the market over the past 5 years, with an annualized return of 26.19%. A $1000 investment in CMG 5 years ago would now be worth $3,258.95, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 5:00 pm

AMP

Ameriprise Financial (NYSE:AMP) has significantly outperformed the market over the past 5 years, with an average annual return of 28.29%. A $100 investment in AMP 5 years ago would now be worth $345.06, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 5:00 pm

AMZN

IYR

JPM

TGT

The CNBC Halftime Report highlighted final trades including Amazon.com, Target, JP Morgan Chase & Co., and the iShares U.S. Real Estate ETF. These stocks and ETF were discussed as potential investment opportunities.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 5:00 pm

ZM

Zoom Video Communications, Inc. (NASDAQ:ZM) shares rose after reporting better-than-expected Q2 earnings and revenue, with strong guidance for Q3 and FY 2025. The stock is trading above its 50-day moving average, with heavy trading volume.

Portfolio Pulse from Erica Kollmann

August 22, 2024 | 4:56 pm