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SHOT

Safety Shot has reported clinical study results indicating that their product can rapidly reduce blood alcohol content and acetaldehyde levels, mitigating the negative effects of heavy drinking within 30 minutes.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 12:36 pm

GMS

GMS shares declined following the release of disappointing Q1 financial results, which fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 12:36 pm

CLSK

IREN

MARA

RIOT

Iris Energy aims to reach 50 EH/s in Bitcoin mining by 2025, aligning with U.S. giants like CleanSpark, Marathon, and Riot. Despite exiting power trading and losing a partner, Iris is financially strong with $405M cash and no debt, but faces rising expenses.

Portfolio Pulse from Surbhi Jain

August 29, 2024 | 12:35 pm

CM

Canadian Imperial Bank of Commerce shares rose following the release of better-than-expected Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 12:33 pm

ORGS

Orgenesis Inc. announced positive results from a real-world study of its ORG-101 CAR-T therapy, showing high complete response rates in both adult and pediatric patients with CD19+ Acute Lymphoblastic Leukemia. The study also indicated a favorable safety profile with low incidence of severe Cytokine Release Syndrome. Harley Street Healthcare Group plans to collaborate with Orgenesis to establish a Global Cancer Initiative to further develop and democratize advanced therapies.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 12:32 pm

SPY

The US Core PCE Prices for Q2 came in at 2.8%, slightly below the estimated 2.9%. This indicates a marginally lower inflation rate than expected, which could influence market sentiment and investor decisions.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 12:30 pm

SPY

Retail inventories in the USA, excluding automobiles, increased by 0.5% in July, compared to a 0.3% increase in the previous month.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 12:30 pm

SPY

The U.S. goods trade balance for July was reported at -$102.66 billion, which is worse than the estimated -$97.7 billion and the prior -$96.56 billion. This indicates a larger trade deficit than expected.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 12:30 pm

SPY

The GDP for Q2 grew by 3% quarter-over-quarter, surpassing the estimated growth of 2.8%.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 12:30 pm

IWM

QQQ

SPY

TLT

UUP

The upcoming PCE inflation report, a key indicator for the Federal Reserve, is expected to show a slight increase in inflation rates for July. This report could influence market expectations for a rate cut in September. A higher-than-expected report may boost the U.S. dollar and Treasury yields, while a lower-than-expected report could benefit equities.

Portfolio Pulse from Piero Cingari

August 29, 2024 | 12:28 pm