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FLS

Flowserve Corporation (NYSE:FLS) has acquired LNG pumping technology from NexGen Cryo. The purchase price and associated expenses are expected to reduce Flowserve's adjusted EPS by $0.05 in Q3 2024.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 8:13 pm

NUVB

Nuvation Bio Inc. (NYSE:NUVB) announced updates for its ROS1 inhibitor, taletrectinib, including upcoming presentations at ESMO 2024 and WCLC 2024. The U.S. FDA has granted Orphan Drug Designation to taletrectinib for treating multiple NSCLC indications.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 8:11 pm

TSLA

Tesla has announced that its plans for new vehicles, including more affordable models, are on track for production to start in the first half of 2025.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 8:10 pm

TSLA

Tesla reported an increase in Q2 revenue driven by growth in energy generation and storage, Cybertruck deliveries, and higher regulatory growth revenue.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 8:08 pm

TSLA

Tesla announced that in 2024, the growth rates of energy storage deployments and revenue in their Energy Generation and Storage business are expected to outpace their Automotive business.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 8:07 pm

TSLA

Tesla has announced that its vehicle volume growth for 2024 is expected to be lower than in 2023 due to the launch of next-generation vehicles.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 8:07 pm

HIMS

NVO

Hims & Hers Health, Inc. (NYSE:HIMS) saw a significant stock surge, likely due to momentum from the previous day. The company is set to release its Q2 earnings report on August 5th, with an estimated EPS of 4 cents and projected revenue of $299.9 million. Additionally, Novo Nordisk's weight-loss drug Wegovy received expanded approval in the UK for preventing heart attacks and strokes in overweight or obese patients with heart disease.

Portfolio Pulse from Vaishali Prayag

July 23, 2024 | 8:02 pm

ACON

Aclarion has been granted European patent EP3928695 for a system and method using Magnetic Resonance Spectroscopy to diagnose back pain, including low back pain associated with Degenerative Disc Disease.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 7:59 pm

APPS

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DV

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NYT

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TTD

Google reversed its plan to eliminate third-party cookies in Chrome, leading to gains in ad tech and publisher stocks. This decision follows industry and regulatory pushback, allowing advertisers to continue using cookies for targeted ads while giving users more control over their preferences.

Portfolio Pulse from Anusuya Lahiri

July 23, 2024 | 7:52 pm

ETCUSD

Ethereum Classic (ETC) is trading up by 2.23% to $24.12 after the SEC approved the first Ethereum spot ETFs. While initial reactions might have driven up ETC's price, the market is expected to rationalize, leading to a potential sell-off in ETC as investors focus on ETH. Broader market sentiment could also negatively impact ETC.

Portfolio Pulse from Henry Khederian

July 23, 2024 | 7:44 pm