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JPM

SPY

JPMorgan CEO Jamie Dimon stated in a CNBC interview that the U.S. is not currently in a recession. This statement could influence investor sentiment regarding the economic outlook and financial markets.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 5:24 pm

STEM

Stem shares are trading lower after the company reported mixed Q2 financial results and cut its FY24 revenue guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 5:23 pm

BTCUSD

SOLUSD

Solana (SOL) has outperformed Bitcoin (BTC) over the past month, with an 8.5% increase compared to Bitcoin's 0.5% return. Crypto traders are optimistic about Solana's potential to reach new local highs if it surpasses current resistance levels. However, caution is advised due to potential vulnerabilities in built-up lows.

Portfolio Pulse from Khyathi Dalal

August 07, 2024 | 5:20 pm

JPM

SPY

JPMorgan CEO Jamie Dimon expressed hope for a soft landing in the economy but remains skeptical about inflation reaching the 2% target. This was discussed during a CNBC interview.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 5:19 pm

CLVT

Clarivate shares are trading lower after RBC Capital and Barclays lowered their respective price targets on the stock.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 5:17 pm

BA

SPCE

NASA has announced that astronauts scheduled to return on Boeing's Starliner may instead use SpaceX's Crew Dragon in February 2025 if the Starliner is deemed unsafe.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 5:08 pm

ODP

The ODP Corporation (NASDAQ:ODP) reported a 10% drop in sales for Q2, missing analyst expectations. The company also slashed its FY24 guidance, leading to a significant drop in its stock price.

Portfolio Pulse from Nabaparna Bhattacharya

August 07, 2024 | 5:03 pm

SPY

The US Treasury's 10-year yield is at 3.929% ahead of a $42 billion auction, with the notes drawing 3.960% and 91.61% allotted at the high. This indicates strong demand for US government debt.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 5:03 pm

MARA

Marathon Digital Holdings (NASDAQ:MARA) has seen unusual options activity with a bearish stance from large investors. Out of 33 trades, 54% were bearish and 39% bullish. The trades include 4 puts worth $174,428 and 29 calls worth $2,064,678. The price window eyed by big players ranges from $5.0 to $50.0. The stock is currently down 2.84% at $16.76 with a neutral RSI. An analyst from B. Riley Securities maintains a Neutral rating with a $20 target price.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 5:02 pm

AMZN

CPNG

NEE

The CNBC Halftime Report highlighted Amazon, Coupang, and NextEra Energy as final trades. These companies are expected to see short-term movements based on the recommendations.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 5:02 pm