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CLVT

Clarivate has acquired Rowan TELS Corp. through its subsidiary. Rowan TELS Corp. provides Rowan Patents, a solution for patent drafting and prosecution. The terms of the acquisition were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 10:04 am

TSLA

Elon Musk clarified that neither Tesla nor SpaceX has any business interests in Russia. He also criticized podcast host Sam Harris. Musk emphasized that SpaceX competes with Russia's Roscosmos and that Starlink is a key asset for Ukraine.

Portfolio Pulse from Anan Ashraf

July 22, 2024 | 10:04 am

ZYME

Zymeworks announced that the FDA has cleared its Investigational New Drug (IND) application for ZW191, a novel folate receptor-⍺ targeted topoisomerase I inhibitor antibody-drug conjugate. The company plans to seek regulatory authorization for clinical studies outside the US in the second half of 2024. ZW191 is the first of three ADC molecules incorporating Zymeworks' proprietary ZD06519 payload, with additional IND filings for ZW220 and ZW251 expected in 2025.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 10:02 am

BA

National Airlines has placed its first order for four Boeing 777 Freighters, aiming to expand its cargo fleet and enhance its global operations. This order highlights Boeing's dominance in the freighter market and its strong relationship with National Airlines.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 9:30 am

AMZN

Amazon has acquired Bray Film Studios in the UK, known for its Hammer Horror films, as part of its push to expand production capabilities.

Portfolio Pulse from charles@benzinga.com

July 22, 2024 | 9:30 am

RYAAY

Ryanair expects 8% traffic growth in FY25, pending Boeing deliveries. Unit costs will rise modestly, and Q2 fares are expected to drop significantly compared to last summer. The final FY25 outcome is subject to various uncertainties, including Boeing delivery delays and geopolitical conflicts.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 9:29 am

GE

KTOS

GE Aerospace and Kratos Defense & Security Solutions have signed a Memorandum of Understanding to develop and produce small affordable engines for military drones and other applications. This partnership builds on an existing joint development agreement and includes full-scale engine production.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 9:04 am

AAPL

CRWD

MSFT

Microsoft has attributed its inability to secure Windows like Apple secures macOS to a prior agreement with the European Commission. This agreement mandates that Microsoft provide security software makers with the same level of access to Windows as it has, unlike Apple, which does not have to adhere to such restrictions. The revelation follows a major incident where a defective update from CrowdStrike caused widespread disruptions.

Portfolio Pulse from Rounak Jain

July 22, 2024 | 8:42 am

TSLA

Elon Musk humorously claimed to be an 'alien scientist' with a Japanese pseudonym, sparking excitement in the cryptocurrency community. DogeDesigner clarified that Musk is not Satoshi Nakamoto, the creator of Bitcoin. Musk's tweet aligns with his known eccentric online presence.

Portfolio Pulse from Aniket Verma

July 22, 2024 | 8:41 am

SUZ

Suzano has successfully started operations at its new eucalyptus pulp mill in Brazil, the largest single production line globally. This $4.3 billion investment increases Suzano's production capacity by over 20% and supports sustainability initiatives.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:15 am