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ETHUSD

Nate Geraci, president of The ETF Institute, anticipates approvals for spot Ethereum ETFs this week, potentially shaking up the cryptocurrency market. This follows his earlier prediction and comments from the SEC. Analysts predict a potential 60% rally in Ether's price if the ETFs are approved.

Portfolio Pulse from Aniket Verma

June 24, 2024 | 4:18 am

AAPL

META

Apple's development of its AR smart glasses, Apple Glass, is still in early stages and may not be ready until after 2027. This delay contrasts with Meta's recent launch of Ray-Ban smart glasses featuring Meta AI.

Portfolio Pulse from Ananya Gairola

June 24, 2024 | 3:12 am

MSFT

NVDA

Nvidia's market capitalization has surged past $3 trillion, driven by the demand for its GPUs crucial to the AI boom. However, its brand recognition lags behind tech giants like Apple, Microsoft, Amazon, and Google. Despite this, Nvidia's brand value is catching up, ranking No. 6 in Kantar BrandZ's list of valuable global brands. CEO Jensen Huang has recently sold over $90 million in shares amid concerns about future earnings.

Portfolio Pulse from Benzinga Neuro

June 24, 2024 | 2:47 am

AAPL

Apple Inc. (NASDAQ:AAPL) is facing challenges in developing a cheaper version of its Vision Pro mixed-reality headset. The company is struggling to reduce costs while retaining critical features, leading to difficult trade-offs. Despite these issues, Apple continues to work on making the headset more accessible and has announced usability improvements and over 2,000 apps for Vision Pro.

Portfolio Pulse from Ananya Gairola

June 24, 2024 | 2:43 am

DOGEUSD

SHIBUSD

Shiba Inu (SHIB) experienced a 3% drop in the last 24 hours, but key technical indicators like RSI and Momentum Indicator suggest a buying opportunity. Increased on-chain activity and a 19% rise in SHIB's burn rate support a bullish outlook.

Portfolio Pulse from Aniket Verma

June 24, 2024 | 2:34 am

BTCUSD

DOGEUSD

ETHUSD

NVDA

Leading cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, faced selling pressure over the weekend. Bitcoin fell below $63,000, expanding its monthly losses to nearly 7%. Ethereum also declined as traders awaited spot ETFs. The market showed a bias towards price declines, with the Cryptocurrency Fear & Greed Index at 'Neutral'. Stock futures traded flat, with NVIDIA Corp. experiencing a 3.5% drop. Analysts are divided on Bitcoin's short-term direction, with some predicting a bounce and others forecasting a dip below $60,000.

Portfolio Pulse from Aniket Verma

June 24, 2024 | 1:59 am

AMKR

BFH

BILI

BRFS

IBRX

IRTC

ITCI

OLLI

RKLB

SSL

The article highlights the top-performing mid-cap stocks from June 16 to June 22, 2024. Bilibili, ImmunityBio, Sasol, and Ollie's Bargain Outlet were among the biggest gainers, driven by positive news and analyst upgrades.

Portfolio Pulse from Lekha Gupta

June 23, 2024 | 10:21 pm

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