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BTCUSD

Robert Kiyosaki, author of 'Rich Dad Poor Dad,' predicts a significant surge in Bitcoin, gold, and silver prices if Donald Trump wins the 2024 election. He suggests that a Trump presidency would lead to a weaker dollar, boosting exports and job creation, and consequently driving up asset prices. Kiyosaki forecasts Bitcoin reaching $105,000, gold rising to $3,300 per ounce, and silver to $79 per ounce by August 2025.

Portfolio Pulse from Benzinga Neuro

July 23, 2024 | 9:27 am

MUFG

SMFG

TM

Toyota Motor Corp. (NYSE:TM) has announced a $5.2 billion share buyback from key Japanese banks and insurers as part of a broader strategy to untangle its shareholdings. The shares will be bought back at an 11% discount to their closing price. This move aligns with the Japanese government's push for corporations to dismantle cross-held shares. Toyota's shares have climbed 26% this year, and its EV sales have quadrupled in the second quarter.

Portfolio Pulse from Benzinga Neuro

July 23, 2024 | 9:23 am

TSLA

Tesla Inc (NASDAQ:TSLA) has started rolling out version 12.5 of its full self-driving (FSD) software, but it still doesn't support sunglasses. Future updates will address this issue and enable complete hands-off driving on highways. The rollout has been delayed, with only select drivers receiving the update so far.

Portfolio Pulse from Anan Ashraf

July 23, 2024 | 9:20 am

AMZN

WBD

Warner Bros Discovery's TNT Sports plans to match Amazon's $1.9 billion bid for NBA broadcast rights, aiming to maintain its long-standing relationship with the NBA. This move comes as the NBA finalizes deals with Disney, NBCUniversal, and Amazon, collectively valued at $76 billion.

Portfolio Pulse from Benzinga Neuro

July 23, 2024 | 9:13 am

TSLA

Elon Musk posted a controversial AI video featuring Xi Jinping with a Winnie the Pooh reference, which could impact Tesla's business in China. China is a crucial market for Tesla, accounting for 22% of its revenue in 2023. The incident comes amid existing scrutiny and challenges for Tesla in China.

Portfolio Pulse from Benzinga Neuro

July 23, 2024 | 8:40 am

PFE

Pfizer-owned ViiV Healthcare announced positive data for its HIV-1 treatment, Dovato, showing it is as effective as the 3-drug regimen Biktarvy for maintenance therapy.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 8:15 am

MAIA

MAIA Biotechnology reports positive Phase 2 results for its lung cancer treatment THIO, showing safety, efficacy, and ongoing benefits in patients with advanced non-small cell lung cancer (NSCLC). The treatment, combined with cemiplimab (Libtayo®), has been well tolerated with lower toxicity compared to standard treatments.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 8:12 am

TSLA

Venture capitalist Naval Ravikant praised Tesla CEO Elon Musk as the 'real winner' following President Joe Biden's announcement to drop out of the 2024 election. Ravikant also commented on Trump's continued use of Truth Social, suggesting it is detrimental to him. The news comes amid Tesla's earnings report and Musk's endorsement of Trump.

Portfolio Pulse from Kaustubh Bagalkote

July 23, 2024 | 7:04 am

NYCB

New York Community Bancorp (NYCB) has strengthened its financial position by selling $5.9 billion in loans to JPMorgan Chase Bank. The company also plans to close an additional $200 million in mortgage warehouse loans soon, which is expected to add approximately 70 basis points to its CET1 ratio.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 6:52 am

BLX

Bladex (Banco Latinoamericano de Comercio Exterior) is expanding its presence in Mexico with new offices and $5 billion in annual disbursements, positioning itself as a key player in the growth of Mexican companies. Bladex has been listed on the NYSE since 1992.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 6:50 am