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AVAXUSD

Avalanche's (CRYPTO: AVAX) price increased by 5.68% in the past 24 hours to $25.6, despite a 2.0% loss over the past week. The trading volume has decreased by 32.0%, and the circulating supply has fallen by 0.23%. The current market cap ranking for AVAX is #14 at $10.07 billion.

Portfolio Pulse from Benzinga Insights

June 25, 2024 | 7:00 pm

CCL

NCLH

RCL

Carnival Corp. (NASDAQ:CCL) rallied over 8% after reporting strong Q2 earnings that beat expectations. Goldman Sachs maintained a 'Buy' rating with a $22 price target. Royal Caribbean (NYSE:RCL) and Norwegian Cruise Line (NYSE:NCLH) also saw gains.

Portfolio Pulse from Piero Cingari

June 25, 2024 | 6:54 pm

UNCY

Unicycive Therapeutics shares are trading lower following the announcement of results from the Oxylanthanum Carbonate UNI-OLC-201 pivotal clinical trial.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 6:50 pm

BTCUSD

ETHUSD

Crypto trader Degentrading predicts Ethereum (ETH) could reach $6,000 by September 2024, driven by the launch of an Ethereum ETF and significant market inflows. He criticizes traditional finance's focus on Bitcoin and highlights Ethereum's lower liquidity as a factor for its potential price surge.

Portfolio Pulse from Khyathi Dalal

June 25, 2024 | 6:50 pm

KROS

MRK

Oppenheimer has initiated coverage on Keros Therapeutics (NASDAQ: KROS) with an Outperform rating and a price target of $102. The analyst highlights Keros' promising pipeline, including lead product KER-050 for MDS and myelofibrosis, KER-012 for PAH, and KER-065 for obesity. Keros is compared to Acceleron, which was acquired by Merck (NYSE: MRK) for $11.5 billion in 2021.

Portfolio Pulse from Vandana Singh

June 25, 2024 | 6:43 pm

HD

POOL

Home Depot shares are trading lower following Pool Corporation's announcement of revised 2024 earnings guidance, which highlights a significant slowdown in discretionary pool spending. Pool Corporation expects a 15% to 20% decline in new pool construction and remodeling activities in 2024 due to a challenging macroeconomic environment. This has led to a downward revision in Pool Corporation's earnings per share guidance. The news has negatively impacted Home Depot, a major supplier of home improvement and building materials.

Portfolio Pulse from Vaishali Prayag

June 25, 2024 | 6:40 pm

DOGEUSD

Dogecoin (DOGE) has rallied 10% due to increased whale transactions, prompting optimistic predictions from traders. Significant transaction volume and daily address increases have been noted, with some experts setting long-term price targets at $1 and $2. However, caution is advised when investing in meme coins.

Portfolio Pulse from Khyathi Dalal

June 25, 2024 | 6:39 pm

GOSS

MRK

Oppenheimer initiated coverage on Gossamer Bio Inc (NASDAQ:GOSS) with an Outperform rating and a price target of $9, highlighting its clean safety profile for seralutinib in treating pulmonary arterial hypertension. Gossamer's competitor, Merck & Co Inc (NYSE:MRK), faces challenges with its drug Winrevair, which requires frequent monitoring and dose adjustments. Gossamer's strategic positioning and sufficient cash runway make it an attractive entry point for long-term investors.

Portfolio Pulse from Vandana Singh

June 25, 2024 | 6:39 pm

AAPL

AMZN

EADSY

GOOG

META

MSFT

MU

NVDA

QQQ

SPY

TSLA

Nvidia (NVDA) has bounced off a mini support zone after an 18% drop, with future movements potentially influenced by Micron Technology (MU) earnings. Airbus (EADSY) faces supplier issues, and early trade shows positive money flows in several tech giants. Investors are advised to maintain a protection band strategy.

Portfolio Pulse from The Arora Report

June 25, 2024 | 6:35 pm

FDX

Recent options trading trends in FedEx (NYSE: FDX) show a balanced sentiment among investors, with significant trades in both calls and puts. The stock is currently trading at $254.15, down by 0.92%, and is approaching overbought territory. Analysts have mixed ratings with price targets ranging from $275 to $318.

Portfolio Pulse from Benzinga Insights

June 25, 2024 | 6:31 pm