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Stock Prices

BBLG

Bone Biologics shares were halted on a circuit breaker due to a significant upward movement, with the stock now up 108%.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 1:35 pm

PIRS

Pieris Pharmaceuticals shares were halted on a circuit breaker due to a significant upward movement, with the stock now up 93.2%.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 1:35 pm

GM

General Motors (NYSE:GM) reported a $210 million loss in its joint venture with China's SAIC General Motors Corporation for the first half of the year. Despite efforts to restructure, GM CEO Mary Barra indicated that the rest of the year will remain challenging. However, GM's overall fiscal second-quarter sales grew by 7.2% year-on-year, beating analyst estimates.

Portfolio Pulse from Michael Juliano

July 24, 2024 | 1:35 pm

MSOS

YOLO

The DEA's call for public input on cannabis rescheduling received over 42,000 comments, with the majority supporting either rescheduling or full descheduling of cannabis. This significant public engagement highlights the importance of the issue. The potential rescheduling could benefit cannabis businesses by providing tax relief and adding jobs. The response of cannabis stocks, particularly ETFs like MSOS and YOLO, will be closely monitored.

Portfolio Pulse from Nina Zdinjak

July 24, 2024 | 1:34 pm

BBLG

Bone Biologics shares have been halted to the upside, with the stock now up by 108.00%.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 1:33 pm

KARS

QCLN

RIVN

TSLA

Rivian Automotive Inc (NASDAQ:RIVN) shares are trading lower in premarket due to a legal dispute with Tesla Inc. (NASDAQ:TSLA) over alleged trade secret theft. A California judge has allowed the case to proceed to trial, citing sufficient evidence from Tesla. Rivian has hired numerous former Tesla employees, which is central to the lawsuit. Rivian stock has dropped over 32% in the past year. Investors can also gain exposure to Rivian through ETFs like QCLN and KARS.

Portfolio Pulse from Shivani Kumaresan

July 24, 2024 | 1:33 pm

AMC

AMC Entertainment shares have been halted pending news related to a code. This could indicate significant upcoming information that may impact the stock price.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 1:29 pm

AXSM

SAP

TRMD

TT

Jim Cramer discussed several stocks on CNBC's 'Mad Money Lightning Round,' including TORM plc, Trane Technologies, Axsome Therapeutics, and SAP SE. He highlighted TORM's high dividend yield, recommended buying Trane Technologies and SAP, and described Axsome Therapeutics as a high-risk, high-reward stock. Analysts have recently provided ratings and price targets for these companies.

Portfolio Pulse from Avi Kapoor

July 24, 2024 | 1:25 pm

OTIS

WBIF

WBIG

Otis Worldwide Corp (NYSE:OTIS) reported a mixed Q2 FY24 with a 3.2% Y/Y sales decline to $3.60 billion, missing the consensus of $3.73 billion. Despite this, adjusted operating profit increased to $613 million, and adjusted EPS beat expectations at $1.06. The company revised its FY24 outlook, lowering net sales but slightly raising EPS. Otis shares are down 4.34% premarket.

Portfolio Pulse from Lekha Gupta

July 24, 2024 | 1:24 pm

IREN

Iris Energy Limited (NASDAQ:IREN) shares are trading higher after the company announced an increase in power capacity by 150MW at its Childress site, bringing the total to 750MW. This expansion raises the company's total secured grid-connected power capacity to 2,310MW. Iris Energy also provided a business update, highlighting a strong cash position and zero debt, and noted that its 2024 expansion is fully funded. The company is set to report its Q2 financial results on August 5.

Portfolio Pulse from Adam Eckert

July 24, 2024 | 1:24 pm