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SPY

The Core Retail Sales for August increased by 0.1%, which is below the estimated 0.2%. This indicates a slower growth in consumer spending than expected.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 12:30 pm

SPY

The USA Retail Sales for August increased by 0.1%, surpassing the estimated decline of -0.2%, but showing a slowdown from the 1.0% growth in July. This indicates a mixed economic signal, with retail sales growth slowing but still positive.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 12:30 pm

TALK

Talkspace shares rose following the announcement of a partnership with Amazon Health Services to enhance awareness and discoverability of its services.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 12:22 pm

BTCUSD

ETHUSD

A trader named BasedBoi has placed a $200,000 bet on the Federal Reserve keeping interest rates unchanged at the upcoming meeting, despite market expectations of a rate cut. This bet contrasts with the CME Fedwatch tool's 100% probability of a rate cut. The decision has significant implications for the broader market, including digital assets like Bitcoin and Ethereum.

Portfolio Pulse from Murtuza Merchant

September 17, 2024 | 12:21 pm

GEV

Ge Vernova shares surged following an upgrade by B of A Securities, which raised the stock's rating from Neutral to Buy and increased the price target from $200 to $300.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 12:19 pm

DELL

Dell Technologies shares rose following Mizuho's initiation of coverage with an Outperform rating and a $135 price target.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 12:19 pm

AVGO

NVDA

Jim Cramer expressed strong support for Broadcom (AVGO), highlighting its AI advancements and reasonable valuation compared to Nvidia (NVDA). Broadcom's stock has rebounded after a post-earnings dip, and Nancy Pelosi's investment in Broadcom options adds interest. The stock is up 48% this year.

Portfolio Pulse from Shanthi Rexaline

September 17, 2024 | 12:18 pm

SKYH

Sky Harbour Group Corporation (NYSE:SKYH) has announced a securities purchase agreement to issue 3,352,106 PIPE shares for net proceeds of $31.8 million, with potential additional proceeds of $63 million by December 2024. The funds will support the expansion of aviation infrastructure, including the development of 6-7 new airport campuses.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 12:16 pm

APVO

Aptevo Therapeutics' stock is declining following the announcement of a $3 million offering involving 9 million shares and 18 million warrants.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 12:13 pm

HOTH

Hoth Therapeutics shares rose following the announcement of positive preclinical results for its Alzheimer's drug, HT-ALZ.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 12:12 pm