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TFIN

Triumph Financial shares are trading lower after the company reported worse-than-expected Q2 GAAP EPS results.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:48 pm

AGEN

Agenus Inc. (NASDAQ:AGEN) stock plummeted over 50% on Thursday following the FDA's discouragement of an accelerated approval pathway for its immunotherapy combination, botensilimab and balstilimab, for colorectal cancer. Despite promising Phase 1 and Phase 2 trial results, the FDA's concerns about survival benefits led to the stock's decline. Agenus plans to seek partnerships for a Phase 3 trial in the U.S. and is also engaging with European regulators for approval paths.

Portfolio Pulse from Vandana Singh

July 18, 2024 | 3:47 pm

CLSK

Significant options activity has been detected for Cleanspark (NASDAQ:CLSK), with a notable amount of bullish sentiment. Large investors have been targeting a price range of $7.0 to $37.0 for CLSK over the last three months. The stock is currently down 9.09% at $17.34, with analysts setting an average target price of $27.5.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 3:47 pm

SCHW

Unusual options activity has been observed for Charles Schwab (NYSE:SCHW), with a mix of bullish and bearish trades. A total of 19 uncommon options trades were spotted, with 47% bullish and 42% bearish sentiment. The price range targeted by these trades is between $50.0 and $75.0. The stock is currently down 1.55% at $62.81, and analysts have mixed ratings with an average price target of $76.8.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 3:47 pm

FCX

HBM

SCCO

TECK

Shares of copper companies are trading lower due to uncertainty over China's supply and demand and a drop in the price of copper.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:43 pm

PFE

Pfizer Inc (NYSE:PFE) is nearing a bullish Golden Cross, indicating potential upward momentum for its stock. The stock is trading above key moving averages and has a strong MACD indicator, although the RSI suggests it is nearing overbought territory. Pfizer's oncology portfolio and products like Comirnaty and Paxlovid are expected to drive future growth, despite potential challenges.

Portfolio Pulse from Surbhi Jain

July 18, 2024 | 3:40 pm

FTXR

RDIV

Ford Motor Company (NYSE:F) is investing $3 billion to expand production of its F-Series Super Duty trucks, including $2.3 billion for the Oakville Assembly Complex in Ontario, Canada. This expansion aims to meet surging demand and support Ford's growth strategy. The investment will add capacity for 100,000 trucks and create approximately 2,020 jobs across North America. Ford shares are trading higher following the announcement.

Portfolio Pulse from Lekha Gupta

July 18, 2024 | 3:39 pm

COIN

MARA

MSTR

RIOT

WULF

Shares of crypto-linked stocks are trading lower amid a drop in the price of Bitcoin.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:35 pm

AMD

AMZN

GOOG

MSFT

NVDA

ORCL

TSM

Chip stocks, including Nvidia (NVDA) and AMD (AMD), saw a brief recovery in Thursday's premarket session after a significant selloff on Wednesday. The sector was impacted by the Biden administration's semiconductor policies against China and Donald Trump's remarks against TSM. However, TSM's strong quarterly results provided a boost. Nvidia is highlighted as a key AI beneficiary with significant market share and pricing power.

Portfolio Pulse from Anusuya Lahiri

July 18, 2024 | 3:33 pm

FDIS

TSLA

XLY

Tesla, Inc. (NASDAQ:TSLA) has signed a contract with Intersect Power to supply 15.3 GWh of Megapacks for solar and storage projects through 2030. This agreement positions Intersect Power as one of the largest Megapack operators globally. Tesla's stock is trading higher following the news, despite a recent 11% loss over the past 12 months. Investors can also gain exposure to Tesla through ETFs like XLY and FDIS.

Portfolio Pulse from Lekha Gupta

July 18, 2024 | 3:33 pm