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JVSA

Hotel101 Global, a subsidiary of DoubleDragon Corporation, is set to merge with JVSPAC Acquisition Corp (NASDAQ:JVSA), aiming for a Nasdaq listing under the ticker 'HBNB' with a $2.3B equity value. The merger, expected to close in the second half of 2024, is subject to regulatory and shareholder approvals.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 7:16 am

PAAS

Pan American Silver Corp. (NYSE:PAAS) announced new high-grade drill results from its La Colorada Skarn project in Mexico, including a record interval with 22.50 meters at 1,435 g/t Ag, 31.93% Pb, and 20.49% Zn.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 7:10 am

LOT

MDIA

U.S. stocks closed higher on Friday, with the Dow Jones surging over 300 points, driven by positive jobs data and an improvement in investor sentiment as indicated by the CNN Money Fear and Greed index. The index remained in the 'Greed' zone. MediaCo Holding Inc. saw a significant jump in its shares after Standard General L.P. reported a 95.2% stake. Investors are also awaiting earnings results from Lotus Technology Inc.

Portfolio Pulse from Avi Kapoor

April 08, 2024 | 6:36 am

CMPUY

EXNWF

Morgan Stanley has highlighted three underappreciated tech stocks with significant growth potential: CompuGroup Medical (OTC:CMPUY), Exclusive Networks (OTC:EXNWF), and W.A.G. Payment Solutions. These stocks are considered undervalued with attractive valuations and have been given an overweight rating by the bank. CompuGroup has a price target of 37 euros, suggesting a 23% upside, while W.A.G. Payment Solutions has a target of 135 pence, indicating a 98.5% upside. Exclusive Networks has a price target of 26.5 euros, a 15.7% upside. This comes amid a volatile market scenario, with some analysts predicting continued bull runs and others warning of potential corrections.

Portfolio Pulse from Benzinga Neuro

April 08, 2024 | 6:31 am

BDTX

Black Diamond Therapeutics presented novel real-world evidence at the 2024 AACR Annual Meeting, highlighting the evolving EGFR mutation landscape in NSCLC and the potential of BDTX-1535. Data showed 20-30% of EGFRm NSCLC patients have non-classical mutations, which can co-express with the L858R mutation, leading to shorter response to osimertinib. BDTX-1535 is positioned as the most advanced fourth-generation oral TKI targeting a broad spectrum of EGFR mutations, including classical, non-classical, and C797S resistance mutations.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 6:15 am

BTCUSD

Ripple CEO Brad Garlinghouse predicts the cryptocurrency market will reach a $5 trillion capitalization this year, driven by the launch of U.S. spot Bitcoin ETFs and the upcoming bitcoin halving. The optimism is also supported by the influx of institutional money and potential positive regulatory changes in the U.S.

Portfolio Pulse from Benzinga Neuro

April 08, 2024 | 4:59 am

SOL

Crypto analyst Ali Martinez suggests the low crowd sentiment for Solana (SOL) presents a contrarian investment opportunity. Despite a recent downturn, Solana's year-to-date performance is up 74%, but it remains 32.3% below its all-time high. The broader cryptocurrency market, including meme coins, has shown positive trends in 2024.

Portfolio Pulse from Benzinga Neuro

April 08, 2024 | 4:50 am

BTCUSD

DOGEUSD

ETHUSD

Cryptocurrencies like Bitcoin, Ethereum, and Dogecoin saw slight gains as the Bitcoin Halving event approaches, expected around April 20. Coinbase suggests the halving could drive prices up, but faces typical weak seasonal trends. The global cryptocurrency market cap increased by 0.75% to $2.50 trillion. Stock futures also rose slightly. Analyst Michael Van de Poppe predicts Bitcoin could reach $300,000 in this cycle if it breaks through current resistance.

Portfolio Pulse from Mehab Qureshi

April 08, 2024 | 4:34 am

AAPL

Apple Inc. (NASDAQ:AAPL) is expanding its Vision Pro's immersive content library with a new dinosaur film, part of the 'Prehistoric Planet Immersive' series, set to release on April 19. This addition follows the initial launch of the Vision Pro, which featured a variety of 180-degree 3D videos in 8K. The upcoming iPhone 16 is anticipated to further enhance the Vision Pro's spatial video content library with its redesigned camera and sensors. The Vision Pro has received mixed reviews since its launch, with criticism for being a 'buggy beta test' but also praise for its practical applications, such as in surgery.

Portfolio Pulse from Rounak Jain

April 08, 2024 | 4:08 am

DOGEUSD

XRPUSD

Dogecoin (DOGE) is nearing surpassing Ripple (XRP) in market value after a 10% price increase, making it the top performer among the top 20 cryptocurrencies. Despite the bullish trend, on-chain signals for Dogecoin remain mostly negative. Dogecoin's market value needs to rise by 17.14% to overtake XRP. The recent surge in Dogecoin's price and trading volume contrasts with a modest increase for XRP and a broader downturn in the crypto market.

Portfolio Pulse from Benzinga Neuro

April 08, 2024 | 2:22 am