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NVO

VTRS

Novo Nordisk has settled a US patent dispute with Viatris regarding the diabetes and weight-loss drugs Ozempic and Wegovy. This resolution may impact the market dynamics for these drugs.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 6:36 pm

GSK

PFE

Pfizer won a legal battle in London, invalidating two of GSK's RSV vaccine patents. This victory comes as Pfizer faces reduced demand for COVID-19 vaccines. Activist investor Starboard Value has invested $1 billion in Pfizer. Both companies are competing in the RSV vaccine market, projected to exceed $10 billion by 2030.

Portfolio Pulse from Vandana Singh

October 07, 2024 | 5:56 pm

DARE

PFE

PRGO

TEVA

The Georgia Supreme Court has reinstated an abortion ban that was previously blocked by a lower court. This decision may have implications for companies involved in healthcare and pharmaceuticals.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 5:20 pm

DJT

Trump Media & Technology Group Corp (NASDAQ:DJT) stock surged on Monday following the Supreme Court's decision to reject an appeal from Elon Musk's X, avoiding a dispute over a Justice Department search warrant related to Trump's social media account. Despite internal changes, including the resignation of COO Andrew Northwa, the stock rose 15.10% as Trump maintains his stake.

Portfolio Pulse from Anusuya Lahiri

October 07, 2024 | 4:51 pm

NVDA

RSP

SMCI

VUG

Super Micro Computer, Inc (NASDAQ:SMCI) stock rose after announcing a complete liquid cooling solution, enhancing computing density and reducing costs. Despite a DOJ probe following a short report, the stock is up 61% over the past year. Investors can access SMCI through ETFs like Vanguard Growth ETF (NYSE:VUG) and Invesco S&P 500 Equal Weight ETF (NYSE:RSP).

Portfolio Pulse from Anusuya Lahiri

October 07, 2024 | 4:29 pm

AMZN

GOOG

GOOGL

META

The DOJ is expected to propose a broad set of remedies against Google, potentially impacting Alphabet's earnings by 10%. JP Morgan remains bullish on Google's growth but prefers Amazon and Meta among mega-caps.

Portfolio Pulse from Erica Kollmann

October 07, 2024 | 4:14 pm

LQDA

Liquidia Corp shares rose after the U.S. Supreme Court declined to review rulings, confirming that Liquidia does not infringe on United Therapeutics' patents.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 2:29 pm

LQDA

UTHR

The U.S. Supreme Court has declined to review rulings that invalidate United Therapeutics' patent, confirming that Liquidia does not infringe any valid claims of the patents originally asserted by United Therapeutics. This decision is final and not subject to further appeal.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 2:03 pm

TCNNF

Florida is facing legal challenges over taxpayer-funded anti-cannabis ads. State Sen. Jason Pizzo filed a lawsuit against the state for using public funds to oppose cannabis legalization. Trulieve Cannabis Corp. is also suing the Florida GOP for misleading ads against cannabis legalization.

Portfolio Pulse from Maureen Meehan

October 07, 2024 | 1:37 pm

META

The U.S. Supreme Court has declined to hear a challenge by Elon Musk's company, X, regarding a judicial order that prevented the company from informing Donald Trump about a probe into his social media account.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 1:34 pm