Up and Coming Biomed Stock Jumps 53%

Good Afternoon! 

Hey, everyone. It's Adam from Elite Trade Club. 

Here’s what moved the market today.

Markets 📈

U.S. indexes saw little movement today, ending slightly above or below today’s starting point. The Nasdaq Composite moved up the most, gaining just under a point.

The Next AI Megatrend Investment

The AI revolution has created unprecedented opportunities for investors, with some stocks delivering triple-digit gains.

But there’s one company that could be the biggest winner yet.

Positioned at the intersection of AI and healthcare, this little-known stock is poised for massive growth—its revenue has skyrocketed, and it’s backed by major players in the industry.

Don’t miss out on this potential game-changer.

Click here to learn more about this explosive opportunity!

Market-Moving News 📈

Boeing Boosts Jet Deliveries as Production Gains Momentum

Boeing delivered 40 commercial jets in August, an increase from the same period in 2023 when it faced production issues with its 737 MAX. The company is aiming to ramp up output of the popular MAX model to 38 units per month by the end of the year. However, Boeing is contending with potential challenges, including a possible strike by over 32,000 factory workers in the Seattle and Portland areas, with a vote on a new contract set for September 12.

Boeing has been working through a slower assembly process following a January incident involving an in-flight door plug failure on a 737 MAX 9, which brought increased scrutiny from regulators. In August, Boeing delivered 32 MAX jets, including nine to Chinese customers—the highest monthly delivery to China since December 2019.

Overall, Boeing delivered 258 jets from January through August, with 198 being MAX models. Adjusted net orders for the year, after considering cancellations and conversions, stand at 122 aircraft. Despite these challenges, Boeing continues to navigate through its order backlog, posting a net total of 207 orders since the beginning of 2024.

Attorney Generals Push for Social Media Warning Labels to Protect Kids

Attorney Generals from 42 states are urging Congress to require warning labels on social media platforms to highlight potential risks to children. This push follows a proposal by U.S. Surgeon General Dr. Vivek Murthy in June, which called for warning labels as part of a broader strategy to address the mental health challenges facing young people. The letter, signed by attorneys general from 39 states and territories, including New York, California, Florida, Oregon, Michigan, American Samoa, the District of Columbia, and the U.S. Virgin Islands, emphasizes the importance of these measures in safeguarding future generations.

The letter cites studies linking social media use to anxiety, depression, and disrupted sleep among youth, attributing these issues to features like infinite scrolling, algorithmic recommendations, and constant notifications. The proposed labels would be akin to those on alcohol and tobacco products, aiming to alert users to the potential dangers of excessive social media engagement.

This initiative aligns with ongoing legislative efforts to protect children online, including the Kids Online Safety Act (KOSA) and the Children and Teens’ Online Privacy Protection Act (COPPA 2.0). On the state level, measures like New York's ban on "addictive" feeds for teens and Florida's upcoming parental consent requirement for minors under 16 highlight the growing focus on online safety for young users.

Campbell’s Rebrands as ‘The Campbell’s Company’ to Reflect Broader Food Focus

Campbell Soup is rebranding itself as "The Campbell's Company" to better represent its diverse portfolio beyond soups. This shift reflects the company's expanding focus on other packaged foods, including jarred sauces and snacks like Goldfish. The rebranding highlights Campbell’s commitment to its key brands across meals, beverages, and snacks, such as V8 drinks and Prego sauces.

Campbell’s has a long history with canned soups, a product it pioneered over a century ago, and has been a significant part of its identity, including its iconic pop art representation. The company plans to maintain stable soup sales while recognizing potential growth driven by increased consumption among older consumers.

Looking forward, Campbell's aims to leverage its Goldfish snacks for future growth, with expectations for these crackers to become a leading brand by the 2027 fiscal year. This strategic pivot comes as many consumer goods companies, including Campbell, face challenges from weakened demand and shifts towards more cost-effective options due to ongoing inflationary pressures.

Turn $30 Into 500% Gains Overnight—No Experience Required

With a simple $30 trade, I secured a 500% return in under 24 hours. Now, you have the opportunity to use the same strategy to achieve quick, significant gains. These trades are easy to execute, and you don’t need any prior experience to start profiting right away.

Get the strategy to start making overnight gains today.

Trevena Inc [TRVN] $7.84 (+53.73%)

Trevena shares are still trending upward after the FDA accepted an application to review an opioid-replacement painkiller.

Laser Photonics [LASE] $9.15 (+35.36%)

Laser Photonics revealed its vision for a next generation robotic cell for cleaning, prompting investor intrigue.

Oracle Corp [ORCL] $155.89 (+11.47%)

Oracle is on the rise today following an earnings report that surpassed Wall Street estimates.

Aligos Therapeutics [ALGS] $13.79 (-29.03%)

Aligos Therapeutics saw strong trading volume today, resulting in a significant share price drop.

Ally Financial [ALLY] $32.67 (-17.62%)

Ally Financial struggled as its credit challenges continue to mount.

Cognyte Software [CGNT] $6.47 (-13.04%)

Cognyte Software reported strong second quarter results but still experienced a sell off from investors.

The AI Boom’s Next Big Opportunity Is Here

AI stocks have been making waves, but the biggest opportunity is still under the radar.

A unique company in the AI and healthcare space is seeing rapid growth and has caught the attention of industry giants.

With multiple revenue streams and exclusive partnerships, this stock could be the next to take off.

Curious which company is set to lead the next wave of AI innovation?

Click to find out more!

That's it for today! Please, write us back, and let us know what you think of the Closing Bell Roundup. We're always eager to hear feedback!

Thanks for reading. I'll see you at the next open! 

Best Regards,
— Adam G.
Elite Trade Club

Click here to get our daily newsletter straight to your cell for free.

P.S. Just like this newsletter, it's 100% free*, and you can stop at any time by replying STOP.