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MIRA

MIRA Pharmaceuticals shares rise as the company reports a 100% reversal of neuropathic pain in a rat study using oral Ketamin-2.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 8:20 pm

SPRC

SciSparc shares rose following the submission of an Investigational New Drug (IND) application to the FDA for their drug candidate SCI-110.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 8:18 pm

AMZN

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PEP

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WMT

Kamala Harris's proposal to ban price-gouging on groceries has sparked debate, drawing comparisons to past price control measures by FDR and Nixon. The proposal could impact sectors with dominant players, such as soda production, tire manufacturing, wireless communications, and retail. Recent stock movements in these sectors show mixed reactions.

Portfolio Pulse from Michael Juliano

August 23, 2024 | 8:04 pm

VRT

Investors have shown a bearish stance on Vertiv Holdings (NYSE:VRT) through options activity, with 22 uncommon trades detected. The sentiment is split with 40% bullish and 45% bearish. Analysts have set an average price target of $98.5, with some upgrading their ratings.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 8:00 pm

FN

Fabrinet (NYSE:FN) has significantly outperformed the market over the past decade, with an annualized return of 32.55%. A $100 investment in FN 10 years ago would now be worth $1,646.63. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 8:00 pm

MCO

Moody's (NYSE:MCO) has outperformed the market over the past 5 years, achieving an average annual return of 17.61%. A $100 investment in Moody's 5 years ago would now be worth $226.14, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 8:00 pm

BILI

Bilibili (NASDAQ:BILI) has received mixed analyst ratings over the past three months, with a recent increase in average price targets to $17.8. Analysts have shown a more bullish stance, with several raising their ratings and price targets. Bilibili's financials show revenue growth but challenges in profitability and asset returns.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 8:00 pm

BA

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STLA

Federal Reserve Chair Jerome Powell hinted at potential interest rate cuts, causing the dollar to plunge and gold to rally. Small-cap stocks, real estate, and regional banks surged, with the iShares Russell 2000 ETF (IWM) up 3.4% and the SPDR S&P 500 ETF Trust (SPY) rising 1.3%. Defense and cybersecurity stocks like Boeing (BA), Lockheed Martin (LMT), and Palo Alto Networks (PANW) are expected to perform well regardless of political outcomes. Meanwhile, Ford (F), General Motors (GM), and Stellantis (STLA) are scaling back EV investments due to weakening demand.

Portfolio Pulse from Piero Cingari

August 23, 2024 | 7:54 pm

CLF

Cleveland-Cliffs (NYSE:CLF) has seen a 6.72% increase in its short percent of float, now at 10.16%, indicating a bearish sentiment compared to its peers with an average of 4.51%. This could signal potential volatility in the stock's price.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 7:45 pm

RMD

ResMed (NYSE:RMD) has seen a 5.02% increase in its short percent of float, now at 6.91%, indicating a bearish sentiment compared to its peers with an average of 4.34%. It would take traders 9.52 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 7:45 pm