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NUWE

Nuwellis shares declined following the announcement of a $916K direct offering of 496,901 shares at $1.8450 per share.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 2:22 pm

SEED

Origin Agritech shares rose following the appointment of a new CEO, indicating positive investor sentiment towards the leadership change.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 2:20 pm

NDRA

ENDRA Life Sciences shares declined following the release of disappointing Q2 EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 2:18 pm

GOOGL

Significant options activity has been detected for Alphabet (NASDAQ:GOOGL), with a mix of bullish and bearish trades. The options trades suggest a price target range of $140 to $195. Analysts have recently downgraded their ratings, with an average target price of $208.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 2:17 pm

NKE

Nike has seen unusual options activity with a bearish sentiment from financial giants. 66% of the trades were bearish, with a focus on a price range of $72.5 to $160. Analysts have mixed ratings, with a consensus target price of $81.33.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 2:17 pm

SPY

Fed Chair Powell provided an optimistic outlook on the U.S. economy and hinted at potential rate cuts during the Jackson Hole Economic Policy Symposium. Additionally, new home sales data for July exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 2:17 pm

YJ

Yunji shares are experiencing a decline following the announcement of a year-over-year decrease in Q2 revenue results.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 2:16 pm

MRNA

The European Commission has approved Moderna's RSV vaccine, mRESVIA, for adults aged 60 and over. This follows a positive opinion from the EMA and is based on successful Phase 3 trial results. Moderna's stock saw a slight increase following the news.

Portfolio Pulse from Vandana Singh

August 23, 2024 | 2:09 pm

CDNS

INTC

Intel board member Lip-Bu Tan resigns amid the company's struggles with cost cuts and declining revenue. Intel's Q2 revenue fell short of expectations, and the company plans significant cost reductions. Despite challenges, Intel aims to ship AI chips for PCs by 2025.

Portfolio Pulse from Anusuya Lahiri

August 23, 2024 | 2:07 pm

ARBUSD

BTCUSD

CHRUSD

ETHUSD

Layer 1 blockchains like Bitcoin and Ethereum have outperformed Layer 2 blockchains this year, with Bitcoin and Ethereum up over 32%. Despite the initial hype around Layer 2 solutions, Layer 1s have proven to be less risky investments. Chromia, a Layer 1 blockchain, is taking a unique approach by integrating Layer 2 solutions into its platform.

Portfolio Pulse from Kenneth Rapoza

August 23, 2024 | 2:07 pm