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AKTS

Akoustis Technologies, Inc (NASDAQ:AKTS) shares are trading higher after the company announced a $13 million purchase order from an existing customer for Wi-Fi Access Points production programs. This brings the total production commitments to over $21 million. The order supports the customer's Wi-Fi 6E and Wi-Fi 7 platforms, and Akoustis plans to deliver several million units over the next 3-4 quarters.

Portfolio Pulse from Erica Kollmann

August 13, 2024 | 2:42 pm

HOG

Harley-Davidson dealers have accused the motorcycle maker of increasing its profit margins at their expense, which they claim threatens their viability. The Harley-Davidson Dealer Council of the National Powersports Dealer Association outlined these grievances in a letter to its members and Harley's chief commercial officer.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 2:41 pm

BTCUSD

Max, CEO and founder of Because Bitcoin, discusses Bitcoin's historical performance around U.S. presidential elections, noting a trend of bear markets bottoming before elections and subsequent upward price movements. He predicts another 400 days of upward price expansion for Bitcoin leading up to the next election.

Portfolio Pulse from Khyathi Dalal

August 13, 2024 | 2:37 pm

CEP

Cantor Equity Partners, Inc. (NASDAQ:CEP) has priced its initial public offering (IPO) of 10 million Class A shares at $10 per share. The shares will be listed on the Nasdaq Global Market and will begin trading under the symbol 'CEP' on August 13, 2024. The underwriters have a 45-day option to purchase an additional 1.5 million shares to cover over-allotments. The offering is expected to close on August 14, 2024, with Cantor Fitzgerald & Co. acting as the sole book running manager.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 2:36 pm

CMCSA

Comcast Corporation (NASDAQ:CMCSA) saw a significant boost in viewership and advertising revenue from its exclusive coverage of the 2024 Summer Olympics. The event attracted 30.6 million U.S. viewers, up 82% from the 2020 Olympics, and generated record-breaking streaming and advertising results. This strong performance is expected to positively impact Comcast's third-quarter financials.

Portfolio Pulse from Chris Katje

August 13, 2024 | 2:36 pm

ACTU

Trading halt status for ACTU was updated at 10:35:00 AM ET. The IPO security has been released for quotation.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 2:35 pm

TRDA

Entrada Therapeutics shares are trading higher following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 2:34 pm

TLN

Talen Energy (NASDAQ:TLN) reported a significant increase in Q2 earnings per share (EPS) to $7.60, up 1451.02% from $0.49 YoY. The company also reported quarterly sales of $489.00 million, beating the analyst estimate of $437.50 million by 11.77% and marking a 62.46% increase from $301.00 million YoY.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 2:32 pm

NVS

Novartis AG (NYSE:NVS) faced a legal setback as a federal court ruled against its effort to block MSN Pharmaceuticals from launching a generic version of its top-selling heart-failure drug, Entresto. Despite the ruling, the judge temporarily suspended MSN's sales while Novartis appealed. Entresto generated $1.89 billion in Q2 sales, up 25% YoY. Novartis is considering all options to defend its IP rights and maintains its financial outlook for 2024.

Portfolio Pulse from Vandana Singh

August 13, 2024 | 2:32 pm

GS

High-rolling investors have shown significant interest in Goldman Sachs Gr (NYSE:GS) options, with a notable split in sentiment. Benzinga's options scanner identified 13 trades, mostly bullish, with a price target range of $460 to $505. Analysts have mixed ratings, with target prices ranging from $373 to $559.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 2:31 pm