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BTCUSD

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Cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, saw a rise as the Federal Reserve signaled a potential rate cut, boosting investor confidence in riskier assets. Bitcoin's open interest and Ethereum's derivatives market investments increased, indicating heightened speculative interest. Analysts suggest Bitcoin needs to close above $61,600 to break out, while Ethereum should hold above $2,500 to target $3,150.

Portfolio Pulse from Aniket Verma

August 22, 2024 | 2:03 am

TSLA

Tesla's VP of Finance and Business Operations, Sreela Venkataratnam, is leaving after 11 years. Her departure comes amid significant changes at Tesla, including layoffs and stock-based compensation for employees.

Portfolio Pulse from Benzinga Neuro

August 22, 2024 | 1:59 am

AAPL

Apple Inc. is undergoing a major restructuring of its App Store division as Matt Fischer, the head of the App Store, departs after 21 years. The division will be split into two teams in response to regulatory pressures, with new leaders appointed to manage the changes.

Portfolio Pulse from Ananya Gairola

August 22, 2024 | 1:32 am

DJT

The Trump Organization's primary income source has shifted to its golf resorts, now accounting for 80% of its cash flow. Despite financial challenges, including over $530 million in court judgments, the organization is projected to generate $80 million in cash this year. Trump Media & Technology Group, owner of Truth Social, remains a significant asset despite a drop in stock value.

Portfolio Pulse from Benzinga Neuro

August 22, 2024 | 12:50 am

DOGEUSD

Dogecoin (DOGE) has risen by 7% this week, reaching the $0.10 level. The increase is partly due to a social media post by Elon Musk, which led to a quick price uptick. Despite mixed opinions on its short-term potential, Dogecoin is recommended as a 'buy and hold' asset. Large transactions have increased by 25.3%, and 73% of holders remain profitable.

Portfolio Pulse from Henry Khederian

August 21, 2024 | 11:57 pm

VMAR

Trading for VMAR has been halted as of 7:50:00 p.m. ET due to pending news. This indicates that significant information regarding the company is expected to be released soon.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 11:50 pm

SPCB

Trading for SPCB was halted at 7:50:00 p.m. ET due to pending news. This indicates that significant information regarding the company is expected to be released, which could impact its stock price.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 11:50 pm

DAC

ESEA

GSL

MATX

TRTN

Potential labor strikes at U.S. ports and Canadian railways could lead to volatility in container freight rates, impacting the container industry and cargo owners. Stocks of companies in the container leasing and liner sectors showed mixed performance amid these developments.

Portfolio Pulse from Michael Juliano

August 21, 2024 | 11:12 pm

F

FTXR

GM

Ford is canceling plans for a large electric SUV and expects a $1.9 billion write-down due to lower-than-expected EV demand. The company will focus more on hybrid models and delay a new electric pickup truck to 2027. Ford's EV business is projected to lose $5 billion in 2024. The news also affected ETFs tracking Ford's stock.

Portfolio Pulse from Michael Juliano

August 21, 2024 | 10:47 pm

PANW

Palo Alto Networks (PANW) reported strong Q4 earnings, beating analyst estimates and raising FY 2025 guidance. This led to a rally in PANW shares, benefiting Nancy Pelosi, who had disclosed buying call options earlier this year. Analysts have raised price targets following the earnings report.

Portfolio Pulse from Chris Katje

August 21, 2024 | 10:22 pm