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AAUKF

COPX

SPY

Copper prices rebound due to China's stimulus measures, but potential volatility from upcoming US elections looms. The Global X Copper Miners ETF (COPX) has outperformed the S&P 500 ETF (SPY) this year. JPMorgan warns of potential trade-related risks and downgrades Anglo American. Copper's role in EVs remains strong despite short-term uncertainties.

Portfolio Pulse from Stjepan Kalinic

October 11, 2024 | 4:58 pm

GSIW

Oriental Moon Tree Limited has reported a 67.84% stake in Garden Stage, as per a recent SEC filing. This significant ownership could influence the company's strategic decisions and market perception.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 4:50 pm

TEVA

Teva Pharmaceuticals Industries Ltd (NYSE:TEVA) has agreed to a $450 million settlement with the U.S. government to resolve allegations of violating the Anti-Kickback Statute and the False Claims Act. The settlement addresses claims of unlawful kickback schemes affecting Medicare and price-fixing of essential drugs. This includes $225 million in criminal penalties previously paid by Teva USA. The settlement is part of a broader initiative against price-fixing and kickbacks in the pharmaceutical industry.

Portfolio Pulse from Vandana Singh

October 11, 2024 | 4:49 pm

AOS

CDT

PACB

TSLA

WFC

U.S. stocks rose with the Dow Jones up 250 points. Wells Fargo shares gained over 5% after beating Q3 earnings expectations. Tesla shares dropped 8% following its Cybercab unveiling. Gold prices increased by 1.1%.

Portfolio Pulse from Avi Kapoor

October 11, 2024 | 4:49 pm

BKNG

Booking Holdings (NASDAQ:BKNG) is highlighted as a potential long-term investment in the travel and tourism sector, with strong recent performance and innovation in AI. Despite some analyst caution, the company's growth and reduced reliance on Google traffic position it as a leader in the industry.

Portfolio Pulse from Dmytro Spilka

October 11, 2024 | 4:45 pm

CBLL

CeriBell's IPO shares opened for trading at $23.26, significantly above the IPO price of $17 per share, with a total of 10.61 million shares offered.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 4:44 pm

ZENA

ZenaTech shares are trading higher after the company began aerial operations to commercialize drone services in the US, following FAA approval.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 4:44 pm

UPB

Upstream Bio's IPO shares opened for trading at $21.50, above the IPO price of $17 per share for 15 million shares.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 4:43 pm

AZN

GSK

GSK has settled the majority of Zantac lawsuits, agreeing to pay up to $2.2 billion. This resolution has improved investor confidence, but concerns about GSK's drug pipeline remain. The company aims to increase sales significantly by 2031, but faces challenges such as patent expirations and vaccine performance issues.

Portfolio Pulse from Vandana Singh

October 11, 2024 | 4:43 pm

BTCUSD

Bitcoin has risen 2% to break $62K, with trader Astronomer Zero reporting 90% to 100% bullish signals. Despite recent fluctuations, the trader remains confident in his analyses, predicting a potential breakout in the fourth quarter. However, a drop below $57,500 would invalidate this analysis.

Portfolio Pulse from Khyathi Dalal

October 11, 2024 | 4:40 pm