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ALT

Altimmune, Inc. (NASDAQ:ALT) presented data from its Phase 2 MOMENTUM trial of pemvidutide in obesity at the American Diabetes Association's 84th Scientific Sessions. The trial showed significant weight loss and improvements in body composition, serum lipids, and blood pressure without major cardiac issues.

Portfolio Pulse from Benzinga Newsdesk

June 23, 2024 | 6:50 pm

GUTS

Fractyl Health, Inc. (NASDAQ:GUTS) presented new preclinical data showing that a single administration of its Rejuva pancreatic gene therapy reduced fat mass and improved glycemia in a diet-induced obesity mouse model. The data was presented at the American Diabetes Association's 84th Scientific Sessions and highlighted as one of the President's Select Abstracts.

Portfolio Pulse from Benzinga Newsdesk

June 23, 2024 | 6:35 pm

WBTN

WOK

Three companies are set to go public this week: LandBridge Company LLC (NYSE:LB) on June 28, WEBTOON Entertainment Inc (NASDAQ:WBTN) on June 27, and WORK Medical Technology Group LTD (NASDAQ:WOK) on June 26. Each company has set a price range and will have a 180-day insider lock-up period.

Portfolio Pulse from Benzinga Insights

June 23, 2024 | 6:26 pm

BTCUSD

SOLUSD

Raoul Pal, former Goldman Sachs executive, predicts a significant surge in Bitcoin and the overall crypto market in Q4 of the presidential election year, calling it the 'banana zone'. He attributes this to potential stimulus packages during elections, leading to higher inflation and digital asset prices. Pal also sees Solana (SOL) in an uptrend, suggesting it as a good entry point.

Portfolio Pulse from Bibhu Pattnaik

June 23, 2024 | 4:31 pm

ALB

ALGN

BNTX

ENPH

FSLR

GME

GameStop and First Solar were among the ten biggest large-cap losers last week. GameStop shares fell 18.61% after its annual shareholder meeting, while First Solar shares dropped 8.87% following a downgrade. Other notable losers include Enphase Energy, Albemarle Corporation, and BioNTech SE.

Portfolio Pulse from Lekha Gupta

June 23, 2024 | 3:59 pm

ACN

ADSK

CHWY

DELL

DKNG

GFI

GILD

SIRI

SRPT

TOST

Several large-cap stocks saw significant gains last week, including Sarepta Therapeutics, Sirius XM Holdings, Toast, Gilead Sciences, Chewy, Accenture, DraftKings, Dell, Autodesk, and Gold Fields. Key drivers included FDA approvals, positive clinical data, retail trends, earnings reports, and strategic decisions.

Portfolio Pulse from Lekha Gupta

June 23, 2024 | 3:43 pm

BTCUSD

ETHUSD

Anthony Scaramucci, CEO of SkyBridge Capital, predicts significant surges in Bitcoin and Ethereum values if President Joe Biden wins the upcoming election. He anticipates Bitcoin could reach $170,000 to $250,000 and Ethereum $10,000 to $12,000. Scaramucci believes institutional adoption and Bitcoin being declared an asset class will drive these increases.

Portfolio Pulse from Bibhu Pattnaik

June 23, 2024 | 2:34 pm

DELL

MSFT

NVDA

TSLA

This week in AI, Nvidia (NVDA) remains a focal point with analysts optimistic about its future despite recent volatility. Michael Dell and Elon Musk also shared insights on AI's rapid evolution. Nvidia's CEO advised graduates on market opportunities, and short sellers of Nvidia faced significant losses.

Portfolio Pulse from Benzinga Neuro

June 23, 2024 | 12:06 pm

AAPL

This week in Apple Inc. (NASDAQ:AAPL) news: Apple's AI rollout will extend beyond fall, with some features not expected until 2025. The company plans to launch a significantly skinnier iPhone 17. Apple's new AI features will only be accessible on the iPhone 15 Pro and Pro Max models. Vision Pro users are reportedly not using the device extensively, and Apple may partner with Japanese firms like Canon to amplify Vision Pro's reach.

Portfolio Pulse from Benzinga Neuro

June 23, 2024 | 11:02 am

BTCUSD

ETHUSD

SHIBUSD

This week in cryptocurrency saw significant events including Donald Trump's vow to end Joe Biden's 'war on crypto,' a surge in Shiba Inu's burn rate, and Worldcoin outperforming Bitcoin and Ethereum. Additionally, Argentina's President endorsed Bitcoin, and Martin Shkreli alleged that Barron Trump initiated TrumpCoin.

Portfolio Pulse from Benzinga Neuro

June 23, 2024 | 9:09 am