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ALEC

Alector, Inc. (NASDAQ: ALEC) announced baseline characteristics data for its INVOKE-2 Phase 2 clinical trial, which is testing the effects of AL002, a novel TREM2 agonist, in early Alzheimer's disease. The data confirms a representative study population, enabling the assessment of AL002's safety and efficacy.

Portfolio Pulse from charles@benzinga.com

July 28, 2024 | 12:54 pm

CMCSA

The 2024 Summer Olympics will see athletes competing for medals that have both monetary and historical value. U.S. athletes receive cash payouts for winning medals, and the event will be covered by Comcast Corporation (NASDAQ:CMCSA) in the U.S. The medals themselves contain valuable metals and pieces from the Eiffel Tower, adding to their worth.

Portfolio Pulse from Chris Katje

July 28, 2024 | 2:00 am

BTCUSD

TSLA

This week in cryptocurrency news, Elon Musk's profile picture change caused a 4,300% surge in the value of the meme coin Dark Maga. Vice President Kamala Harris' advisors consulted with Mark Cuban on crypto, while she decided not to attend the Bitcoin 2024 conference. Senator Cynthia Lummis criticized Biden's proposed 30% tax on Bitcoin mining, and economist Peter Schiff criticized Bitcoin investors' expectations from Trump.

Portfolio Pulse from Benzinga Neuro

July 28, 2024 | 12:00 am

TSLA

A potential second Trump presidency could bring regulatory changes that benefit Elon Musk's ventures, including Tesla Inc. (NASDAQ:TSLA), SpaceX, and X (formerly Twitter). Trump’s proposed plans to lower taxes and control federal regulations could ease pressures on Musk’s companies, potentially ending ongoing investigations and lawsuits.

Portfolio Pulse from Bibhu Pattnaik

July 27, 2024 | 6:40 pm

META

Meta Platforms Inc.'s (NASDAQ:META) Threads app has seen a significant increase in user engagement and web traffic since its launch in July 2023. Monthly active users in the U.S. grew by 15.8% and by 6.3% in the U.K. from August 2023 to May 2024. In June 2024, traffic to Threads.net increased by approximately 9% compared to its launch month. Despite this growth, Threads still lags behind X in terms of monthly active users, although X's user base is declining.

Portfolio Pulse from Bibhu Pattnaik

July 27, 2024 | 5:17 pm

AMC

GOOG

META

TSLA

Benzinga reviewed the performance of popular stocks and economic indicators over the past week. The S&P 500 and Nasdaq experienced losses, while the Dow and Russell 2000 saw gains. Key economic data showed stronger-than-expected growth and lower inflation, raising hopes for interest rate cuts. The article highlighted bullish and bearish stock analyses, including AMC's debt restructuring, Tesla's innovation-driven growth, and concerns over Alphabet's AI investments.

Portfolio Pulse from Michael Cohen

July 27, 2024 | 3:59 pm

GM

KARS

LCID

RIVN

TSLA

XIACY

This week saw significant developments in the EV sector, with Tesla's mixed earnings report leading to a stock drop, Rivian's CEO discussing the new R2 platform, GM scaling back its EV goals, Xiaomi ramping up EV production, and Lucid securing a battery material deal. The KraneShares Electric Vehicles and Future Mobility Index ETF also saw a decline.

Portfolio Pulse from Shanthi Rexaline

July 27, 2024 | 3:43 pm

BTCUSD

SOLUSD

Crypto analyst Raoul Pal predicts that Solana (SOL) will outperform Bitcoin (BTC) due to a bullish inverse head and shoulders pattern. Pal suggests a potential price target of $265 for Solana, indicating a more than 45% gain from its current value.

Portfolio Pulse from Bibhu Pattnaik

July 27, 2024 | 2:54 pm

AVGO

IEFA

NVDA

PANW

VTV

VUG

A recent Benzinga poll compared the investment styles of Nancy Pelosi and Kamala Harris, revealing that 66% of respondents believe Pelosi is the better investor. Pelosi prefers individual stocks like NVIDIA, Broadcom, and Palo Alto Networks, while Harris and her husband favor ETFs and mutual funds, including iShares Core MSCI EAFE ETF and Vanguard ETFs. The poll also highlighted that Harris's wealth is in line with most respondents' expectations.

Portfolio Pulse from Chris Katje

July 27, 2024 | 1:30 pm

BTCUSD

Anthony Scaramucci and Sen. Tim Scott discuss the potential impact of a second Trump presidency on Bitcoin prices ahead of the Bitcoin 2024 conference. Scaramucci believes Trump's pro-crypto stance has surprised Democrats and could positively influence Bitcoin prices. Analysts at Bernstein also suggest a Trump win could lead to favorable cryptocurrency regulations.

Portfolio Pulse from Rounak Jain

July 27, 2024 | 10:00 am