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BLK

FNF

GDX

Issuers of Bitcoin ETFs are skeptical about the SEC's willingness to approve an Ethereum-based ETF, despite earlier approvals for Bitcoin ETFs. Companies like BlackRock, Fidelity, and VanEck, having faced delays and a lack of feedback on their ether ETF applications, express doubts, especially given the SEC's scrutiny of crypto assets under federal securities laws. CoinShares and Digital Finance Group CEOs also shared their skepticism, with the latter noting Ethereum's strong performance amid rumors of a U.S. ETF approval.

Portfolio Pulse from Benzinga Neuro

April 09, 2024 | 1:14 pm

BE

Bloom Energy Inc (NYSE:BE) shares are up in premarket trading after being awarded up to $75 million in tax credits by the Department of Energy, Treasury, and IRS under the Qualifying Advanced Energy Project 48C initiative. This funding, part of a $4 billion initiative announced by the White House, supports Bloom's expansion of domestic manufacturing and production capacity at its Fremont, California plant. The plant's output is significant for Bloom's Energy Server platform and Bloom Electrolyzer, contributing to the energy industry's decarbonization efforts.

Portfolio Pulse from Shivani Kumaresan

April 09, 2024 | 1:11 pm

CHK

Benchmark analyst Subash Chandra maintains a Buy rating on Chesapeake Energy (NASDAQ:CHK) but lowers the price target from $107 to $93.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 1:11 pm

ABT

EMR

F

HE

SE

VRTX

Jim Cramer discussed various companies on CNBC's 'Mad Money Lightning Round,' expressing preferences and concerns about their stocks. He prefers Abbott Laboratories over Penumbra, Inc., is wary of Hawaiian Electric Industries due to environmental damage, finds Sibanye Stillwater Limited strange, praises Emerson Electric Co. for recovering from a hostile takeover, criticizes a policy affecting Excelerate Energy, Inc., sees potential in Ford Motor Company despite underperformance compared to General Motors, and lauds Vertex Pharmaceuticals Incorporated.

Portfolio Pulse from Avi Kapoor

April 09, 2024 | 1:10 pm

NTES

NetEase shares are trading higher after reports that The National Press and Publication Administration approved 14 new imported games, potentially benefiting NetEase's gaming portfolio.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 1:07 pm

ARM

Arm Holdings was mentioned on CNBC, potentially influencing investor interest and stock performance.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 1:06 pm

NTES

NetEase shares increased in premarket trading after reports emerged that the company received new game approvals from the National Press and Publication Administration. This development is significant as it could lead to increased revenues and market share in the gaming sector for NetEase.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 1:06 pm

F

Jim Cramer expressed optimism about Ford Motor Company (NYSE:F), noting its 10% stock increase this year and its potential resurgence in the automotive sector. Despite a delay in the launch of its new electric vehicles, Ford's recent price cut on the Mustang Mach-E has led to increased sales, indicating a strategic adjustment to maintain competitiveness.

Portfolio Pulse from Benzinga Neuro

April 09, 2024 | 1:04 pm

CIA

SILO

TGEN

Insiders at Citizens, Tecogen, and Silo Pharma have recently made notable purchases of their companies' stocks, signaling potential confidence in their respective companies' futures. Citizens' director bought shares at $2.14 each, Tecogen's director at $0.70 each, and Silo Pharma's CEO at $1.99 each. These transactions come alongside various company developments, including executive appointments and financial results.

Portfolio Pulse from Avi Kapoor

April 09, 2024 | 1:03 pm

ATER

MELI

Aterian Inc has entered into a partnership with MercadoLibre Inc to sell select products on the Mercado Libre marketplace in Mexico, focusing initially on home and kitchen items. Aterian plans to expand its product offerings and presence across all Mercado Libre marketplaces in Latin America. This move is part of Aterian's strategy to build and acquire e-commerce brands across various categories. Following the announcement, Aterian's shares saw a 1.82% increase in premarket trading.

Portfolio Pulse from Shivani Kumaresan

April 09, 2024 | 1:01 pm