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MSTR

Anthony Scaramucci, CEO of SkyBridge Capital, revealed that 55% of his net worth is invested in Bitcoin. He initially recommended a 1-3% portfolio allocation to Bitcoin in his book, but revised it after discussions with MicroStrategy CEO Michael Saylor. Scaramucci is a strong advocate for Bitcoin, predicting its price could reach $150,000-$200,000.

Portfolio Pulse from Aniket Verma

October 17, 2024 | 1:49 am

DOGEUSD

SHIBUSD

Shiba Inu (SHIB) has risen 10% over the past week, driven by a broader crypto market rally led by Bitcoin. The surge in Bitcoin has improved sentiment across the crypto sector, benefiting altcoins like Shiba Inu. Institutional interest in blockchain equity ETFs and the coin's low cost per token make it appealing to retail investors.

Portfolio Pulse from Henry Khederian

October 17, 2024 | 12:59 am

PEGY

Trading for PEGY has been halted as of 7:50:00 p.m. ET due to pending news. Investors should stay alert for updates that could impact the stock's price.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 11:50 pm

HOOD

Robinhood Markets, Inc. (NASDAQ:HOOD) announced the launch of futures trading and index options trading at the HOOD Summit 2024. The company also highlighted platform improvements, including 24-hour trading for over 1,000 stocks. Robinhood's stock saw a 3.04% increase in after-hours trading.

Portfolio Pulse from Erica Kollmann

October 16, 2024 | 11:19 pm

IPX

Trading for a certain asset was halted at 7:12:26 p.m. ET due to pending news. The halt indicates that significant information is expected to be released, which could impact the asset's price.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 11:12 pm

SPOT

Spotify Technology (NYSE:SPOT) could benefit from the 2024 election cycle if it secures interviews with presidential candidates on 'The Joe Rogan Experience' podcast. Both Donald Trump and Kamala Harris are rumored to appear, potentially boosting Spotify's subscribers and advertising revenue. Analyst Justin Patterson of KeyBanc Capital Markets raised Spotify's price target, citing growth and margin improvements. Spotify's Q3 financial results are expected on Nov. 12, with potential upside in user growth and premium subscribers.

Portfolio Pulse from Chris Katje

October 16, 2024 | 10:40 pm

CLMT

GEVO

Calumet Inc (NASDAQ:CLMT) and Gevo Inc (NASDAQ:GEVO) shares surged after receiving conditional loan commitments from the U.S. Department of Energy for renewable fuel projects. Calumet's loan is for $1.44 billion for a renewable fuels facility, while Gevo's is for $1.46 billion for its Net-Zero 1 project.

Portfolio Pulse from Adam Eckert

October 16, 2024 | 10:07 pm

PEP

PepsiCo Inc. (NASDAQ:PEP) is countering shrinkflation by adding more chips to some of its snack bags without increasing prices. This move aims to attract consumers who are frustrated with smaller product sizes at higher costs. PepsiCo's snack sales have declined due to higher prices, and the company hopes to boost its snack segment by offering more value.

Portfolio Pulse from Erica Kollmann

October 16, 2024 | 9:58 pm

ORIS

Oriental Rise Holding Limited, a tea product supplier in China, is pricing its IPO at $4 per share, aiming to raise $7 million. The shares will trade on Nasdaq under the symbol 'ORIS' starting October 17, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 9:53 pm

LBRT

Liberty Energy's shares declined following the release of their Q3 earnings and sales, which fell short of market expectations.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 9:33 pm