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BDRX

Biodexa shares are trading higher following Health Canada's approval of a Phase 2a dose confirmation study of Tolimidone for Type 1 diabetes.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 12:32 pm

DOGEUSD

PEPEUSD

SHIBUSD

SOLUSD

ZYNUSD

Prominent crypto trader Altcoin Sherpa predicts a meme coin supercycle, but it will differ from the 2021 run-up. Instead of a few coins seeing massive gains, a larger number of mid-cap coins are expected to perform well. Investors should focus on the meme coin sector as a whole.

Portfolio Pulse from Khyathi Dalal

July 16, 2024 | 12:31 pm

CNTM

ConnectM has launched an AI-driven heat pump, which is expected to enhance energy efficiency and reduce costs for consumers.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 12:31 pm

SPY

XRT

Core Retail Sales for June increased by 0.4%, surpassing the estimated 0.1%.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 12:30 pm

SPY

USA Retail Sales for June remained flat at 0.0%, which is better than the estimated -0.3% but lower than the prior month's 0.1%.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 12:30 pm

MS

Morgan Stanley's CFO announced that the bank is on track to reach its $10 trillion client asset target. Additionally, the investment banking business is in the early stages of recovery.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 12:27 pm

JCSE

JE Cleantech Holdings Limited (NASDAQ:JCSE) has been granted a temporary exception by Nasdaq to remain listed. The company must obtain shareholder approval for a reverse stock split by November 14, 2024, and maintain a $1 closing bid price for ten consecutive business days by December 6, 2024, to comply with Nasdaq's Bid Price Rule.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 12:26 pm

MGRX

Mangoceuticals shares are trading higher after the company obtained DEA authorization for a HIPAA-compliant operating system through Surescripts.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 12:25 pm

PRSO

Peraso shares are trading higher after the company issued preliminary Q2 revenue results above estimates.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 12:24 pm

AMZN

AVGO

COST

LRCX

Insider sales were reported for Amazon, Broadcom, Costco, and Lam Research. These sales could indicate concerns about the companies' prospects or that the stocks are overpriced. Broadcom's CEO sold shares worth $12.8 million, Costco's Daniel M. Hines sold shares worth $2.54 million, Amazon's Jeffrey P. Bezos sold shares worth $80.8 million, and Lam Research's Neil J. Fernandes sold shares worth $1.7 million.

Portfolio Pulse from Avi Kapoor

July 16, 2024 | 12:24 pm