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JAGX

Jaguar Health's stock is trading higher following the announcement of a 5-year exclusive in-license agreement with Venture Life Group for Gelclair, a significant development for the company.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 1:10 pm

NVNO

enVVeno Medical will present new topline efficacy data from its VenoValve pivotal trial at the 46th Annual Charing Cross Symposium on April 24, 2024. This event is significant for investors as it could impact the company's stock based on the trial results.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 1:09 pm

WISA

WiSA Technologies, Inc. shares surged following the announcement of a 5-year licensing agreement with an HDTV/PTV brand for WiSA E technology.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 1:08 pm

CLDI

Calidi Biotherapeutics shares are trading lower following the announcement of a $6.1 million public offering.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 1:06 pm

BTCUSD

Crypto analyst Benjamin Cowen warns that Bitcoin's recent 16% drop, while normal, could lead to a more significant decline. He draws parallels with previous cycles, noting the breakdown of altcoin/BTC pairs as a precursor to larger drops. Cowen suggests that Bitcoin's dominance is increasing, indicating a potential halt in the altcoin rally and a market cleanse. He emphasizes the need for caution among investors as the market trends could lead to further declines.

Portfolio Pulse from Khyathi Dalal

April 16, 2024 | 1:04 pm

ENVX

Enovix shares are trading higher following the completion of Factory Acceptance Testing for its Gen2 Agility Line, indicating progress in its manufacturing capabilities.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 1:03 pm

PACB

PacBio shares are trading lower following the company's announcement of weak guidance.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 1:02 pm

MCBC

WTFC

Macatawa Bank's stock is trading higher after the announcement that Wintrust Financial will acquire the company. This acquisition indicates a significant change in the ownership and future direction of Macatawa Bank, likely affecting its stock price and operational strategy.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 1:02 pm

FCX

QQQ

SHEL

STLD

On CNBC's 'Halftime Report Final Trades,' analysts discussed their views on Shell (SHEL), Invesco QQQ Trust (QQQ), Freeport-McMoRan (FCX), and Steel Dynamics (STLD). Shell's Q1 FY24 operational outlook showed lower LNG trading results but improved production and liquefaction volumes. Invesco QQQ Trust was mentioned as a short position. Freeport-McMoRan received an upgrade from BofA Securities and a price target increase from Scotiabank, highlighting its strong position in the copper market. Steel Dynamics is anticipated to report Q1 earnings with expectations of $3.51 per share on $4.74 billion revenue.

Portfolio Pulse from Avi Kapoor

April 16, 2024 | 1:01 pm

KR

Analyst ratings for Kroger (NYSE:KR) show a mix of bullish and bearish perspectives with a recent trend towards more positive evaluations. Over the past three months, 13 analysts have provided ratings, with a shift in sentiment observed in the last 30 days. The average 12-month price target for Kroger has risen to $58.00, indicating an 8.61% increase from the previous target of $53.40. Key analysts from firms like Wells Fargo, Exane BNP Paribas, and Telsey Advisory Group have adjusted their price targets and ratings, reflecting optimism about Kroger's market position and financial performance. Kroger's financial indicators such as revenue growth, net margin, ROE, ROA, and debt management are highlighted, showcasing the company's strong market presence and financial health.

Portfolio Pulse from Benzinga Insights

April 16, 2024 | 1:01 pm