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Digital assets have seen a shift from outflows to inflows, with Bitcoin (BTC) experiencing $87.6 million in inflows, reversing from last week's outflows. Ethereum (ETH) also saw inflows of $7.9 million. Altcoins like Solana (SOL) and Cardano (ADA) had decreased inflows, while XRP saw no new inflows and Avalanche (AVAX) outflows widened. Year-to-date flows for digital assets have reached $1.971 billion, with total assets under management at $52.098 billion. Germany leads in weekly inflows, followed by Canada and the U.S. Bitcoin prices dropped slightly by 0.5%, while ETH increased by 0.7%. SOL surged by 55%, and ADA, XRP, and AVAX also saw price increases.

Portfolio Pulse from Khyathi Dalal

December 26, 2023 | 3:46 pm

AMGN

The FDA has issued a Complete Response Letter to Amgen Inc (NASDAQ:AMGN) for full approval of Lumakras, a drug for KRAS G12C-mutated non-small cell lung cancer (NSCLC). Doubts were raised by FDA advisers in October about the primary goal of the late-stage study. The FDA requires an additional study to be completed by February 2028 for full approval. Lumakras received accelerated approval in May 2021 and has been used by over 15,000 patients globally. Amgen's shares dropped slightly by 0.45% to $282.89.

Portfolio Pulse from Vandana Singh

December 26, 2023 | 3:45 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo provides daily trade strategies for SPY, QQQ, AAPL, MSFT, GOOGL, META, TSLA, and NVDA, based on a proprietary formula considering price, volume, and options flow. The memo outlines potential support and resistance levels for each asset, suggesting possible breakouts or reversals. Traders are advised to monitor these stocks closely and adjust strategies according to market conditions. The memo also highlights the importance of volume monitoring and staying adaptable to market shifts.

Portfolio Pulse from RIPS

December 26, 2023 | 3:45 pm

CVRX

CVRx, Inc. has received FDA approval for expanded labeling of its Barostim device, leading to a rise in its stock price.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 3:38 pm

IINN

Inspira Technologies OXY BHN Ltd (NASDAQ:IINN) announced that its HYLA Blood Sensor has achieved 95% accuracy compared to standard blood gas analyzers. The sensor offers continuous, real-time blood monitoring, eliminating the need for intermittent blood draws. It is designed to be non-invasive and compatible with various medical procedures. The technology is expected to allow Inspira to enter the disposables market and is engineered to complement existing medical devices. The company is also planning to offer a standalone variant of the Blood Sensor. Following the news, IINN shares surged by 73% to $2.05.

Portfolio Pulse from Vandana Singh

December 26, 2023 | 3:37 pm

WELL

Over the past 15 years, Welltower (NYSE:WELL) has produced an average annual return of 16.26%, outperforming the market. A $1000 investment in WELL 15 years ago would be worth $9,718.14 today. Welltower currently has a market cap of $49.80 billion.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 3:30 pm

AMT

Over the past 15 years, American Tower (NYSE:AMT) has produced an average annual return of 14.23%, outperforming the market. A $100 investment in AMT 15 years ago would be worth $763.29 today. American Tower currently has a market cap of $100.52 billion. The article highlights the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 3:30 pm

GRCL

HC Wainwright & Co. analyst Emily Bodnar has downgraded Gracell Biotechnologies (GRCL) from Buy to Neutral and reduced the price target from $13 to $10.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 3:29 pm

GBTC

Grayscale Bitcoin Trust (OTC:GBTC) announced the resignation of chairman Barry E. Silbert and board member Mark Murphy, effective Jan. 1, 2024. New board appointments include CFO Mark Shifke as chairman, with Matthew Kummell and Edward McGee joining the board. The changes come as excitement builds for the potential approval of a Spot Bitcoin ETF, with the SEC's approval window open from Jan. 5 to Jan. 10, 2024. BlackRock Inc and Grayscale have met with the SEC to discuss their ETF applications, with a final amendment deadline set for Dec. 29.

Portfolio Pulse from Khyathi Dalal

December 26, 2023 | 3:27 pm

PLUG

Plug Power Inc (NASDAQ:PLUG) is struggling with a 62% year-to-date stock decline, negative Q3 gross margins, and delays in hydrogen plant projects. The company faces liquidity concerns, a challenging hydrogen supply environment, and regulatory hurdles. Morgan Stanley and Piper Sandler have downgraded PLUG's stock with price targets of $3 and $2.30, respectively. Despite these challenges, PLUG shares were up 5.2% to $4.76 at the time of publication.

Portfolio Pulse from Surbhi Jain

December 26, 2023 | 3:23 pm