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Stock Prices

NVO

Novo Nordisk released data from its FLOW trial showing that Ozempic significantly slows kidney disease progression in type 2 diabetes patients. The study demonstrated a 24% reduction in kidney disease progression and cardiovascular and kidney death, along with other significant health benefits. These findings were presented at the European Renal Association Congress.

Portfolio Pulse from Vandana Singh

May 24, 2024 | 2:38 pm

EIS

The International Court of Justice (ICJ) has mandated Israel to halt its military operations in Rafah, Gaza, following accusations of genocide. This ruling, requested by South Africa, challenges Prime Minister Benjamin Netanyahu's policies and could harm Israel's international reputation. The ICJ also emphasized the need for unimpeded access for investigators into Gaza. Despite the binding nature of ICJ rulings, enforcement remains uncertain. The ruling may increase diplomatic pressure on Israel and its allies, particularly the U.S. The iShares MSCI Israel ETF (NYSE:EIS) saw a slight rebound after the news.

Portfolio Pulse from Piero Cingari

May 24, 2024 | 2:35 pm

SPY

USO

U.S. CentCom reported that Yemen's Houthis launched two anti-ship ballistic missiles into the Red Sea on May 23. No injuries or damage were reported by U.S., coalition, or commercial ships.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 2:34 pm

SINT

SINTX Technologies Inc (NASDAQ:SINT) shares fell by 14% to $0.06 after announcing a 1-for-200 reverse stock split to meet Nasdaq's minimum bid price requirements. This action will reduce the outstanding shares from approximately 123 million to 0.6 million.

Portfolio Pulse from Henry Khederian

May 24, 2024 | 2:34 pm

LILM

Lilium N.V. (NASDAQ:LILM) shares are dropping after the company announced $114 million in financing, including a $40 million public offering and a $50 million private placement. The stock is down 15.4% on heavy trading volume.

Portfolio Pulse from Erica Kollmann

May 24, 2024 | 2:33 pm

DOGEUSD

TSLA

Elon Musk, CEO of Tesla, expressed his grief over the death of Kabosu, the Shiba Inu dog that inspired Dogecoin. Kabosu's death has impacted the cryptocurrency market, causing Dogecoin, Shiba Inu, and Floki to drop by 5% to 7%.

Portfolio Pulse from Benzinga Neuro

May 24, 2024 | 2:30 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for May 24th, 2024, provides a detailed analysis of key price levels for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. The memo highlights potential bullish and bearish targets for each asset, advising traders to monitor these levels closely. The memo also notes upcoming economic data releases and potential market volatility due to the Memorial Day holiday.

Portfolio Pulse from RIPS

May 24, 2024 | 2:28 pm

BTCUSD

ETHUSD

The approval of spot Ethereum ETFs by the SEC has not led to the expected price surge for ETH. The approval process is still incomplete, with S-1 registration statements pending. Political factors and regulatory uncertainties are contributing to market caution. Analysts have mixed views on the impact of these developments.

Portfolio Pulse from Murtuza Merchant

May 24, 2024 | 2:26 pm

EQX

Equinox Gold (AMEX:EQX) has successfully poured its first gold at the Greenstone project in Ontario, following a $1 billion acquisition. The project is expected to significantly boost Equinox's production capacity and cash flow, with projections of 199,000 ounces of gold production next year. Analysts are optimistic about the stock's performance as the project ramps up.

Portfolio Pulse from Stjepan Kalinic

May 24, 2024 | 2:25 pm

AMD

FEPI

MSFT

NVDA

RVER

AMD CEO Lisa Su highlighted the company's progress towards improving data center power efficiency, aiming for a 30x increase by 2025 and potentially 100x by 2026-2027. AMD's advancements in AI-specific architectures and hardware-software co-design are crucial in addressing AI's power consumption issues. Microsoft is considering integrating AMD's MI300X AI chips into Azure, and AMD has gained market share in the x86 processor market. AMD stock has gained over 48% in the last 12 months.

Portfolio Pulse from Anusuya Lahiri

May 24, 2024 | 2:25 pm