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NVO

Novo Nordisk's stock declined after announcing results from a phase 2a trial of monlunabant, a drug for obesity. The trial showed significant weight loss but also mild to moderate side effects. Novo Nordisk plans a larger phase 2b trial in 2025. Additionally, Novo Nordisk entered a partnership with NanoVation Therapeutics for genetic medicines.

Portfolio Pulse from Vandana Singh

September 20, 2024 | 4:24 pm

CCJ

CEG

MSFT

Cameco Corporation (NASDAQ:CCJ) stock is rising, likely in sympathy with Constellation Energy Corporation (NASDAQ:CEG), which signed a 20-year power purchase agreement with Microsoft (NASDAQ:MSFT) to restart the Three Mile Island Unit 1 nuclear plant. This project will add 835 megawatts of carbon-free energy to the grid.

Portfolio Pulse from Dylan Berman

September 20, 2024 | 3:38 pm

CEG

NKE

SBGI

On Friday, Constellation Energy's stock surged 13.4% after announcing a 20-year power purchase agreement with Microsoft. Other stocks like NANO Nuclear Energy, Oklo, and Nike also saw significant gains. Nike's rise followed the announcement of a new CEO, while Sinclair increased its revenue estimates.

Portfolio Pulse from Avi Kapoor

September 20, 2024 | 3:12 pm

CEG

NNE

SMR

VST

Nuclear power stocks are experiencing a rise in share prices following Constellation Energy's announcement of a 20-year power purchase agreement with Microsoft to supply power to its data centers.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 3:11 pm

FXI

SPY

China and the U.S. held their fifth meeting of the Economic Working Group in Beijing from September 19-20. China expressed serious concerns over U.S. tariffs, investment restrictions, Russia-related sanctions, and the impact on Chinese companies.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 3:02 pm

RR

Richtech Robotics Inc. (NASDAQ:RR) shares experienced volatility after launching an AI-powered beverage service robot, Scorpion, and announcing a distributor agreement with Park 34 Liquor Store Inc. Despite an initial rise, shares fell 12.3% on Friday.

Portfolio Pulse from Erica Kollmann

September 20, 2024 | 2:59 pm

CEG

DJT

FDX

MSFT

FedEx shares fell after Q1 earnings, while Constellation Energy rose due to a deal with Microsoft. The lockup period for Trump Media & Technology Group expired.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 2:21 pm

ABAT

American Battery Technology Company (ABTC) is planning to build a commercial-scale lithium-ion battery recycling facility with a capacity of processing 100,000 tonnes per year. This initiative is in partnership with BASF, Siemens, and others, aiming to support a U.S. closed-loop supply chain.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 1:54 pm

CCJ

DNN

LEU

UEC

UROY

UUUU

Uranium stocks are experiencing a rise in share prices, potentially in sympathy with Constellation Energy's announcement of a power deal with Microsoft, which will restart a unit at the Three Mile Island nuclear power plant.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 1:46 pm

MULN

Mullen Automotive has delivered its first electric vehicles to Volt Mobility in Dubai as part of a $210 million order from the UAE. The company plans to deliver 3,000 more vehicles by 2025.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 1:28 pm