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ABT

DXCM

MDT

Abbott Laboratories (NYSE: ABT) is launching a marketing campaign for its new glucose monitoring device, Lingo, targeting health-conscious consumers. The device aims to provide personalized health data and insights. Abbott also plans to launch Libre Rio, an over-the-counter CGM system for people with Type 2 diabetes. Abbott competes with DexCom Inc (NASDAQ: DXCM) and Medtronic Plc (NYSE: MDT) in the continuous glucose monitoring market.

Portfolio Pulse from Vandana Singh

July 19, 2024 | 3:10 pm

Labcorp has announced that its systems are currently impacted by the CrowdStrike computer outage, which is affecting companies globally.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 3:05 pm

NNE

NANO Nuclear Energy Inc. (NASDAQ:NNE) has signed a Memorandum of Understanding (MOU) with Everstar Inc. to leverage Everstar's AI tools to modernize the regulatory and licensing processes for NANO Nuclear's projects. This partnership aims to save time and resources by transforming these processes.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 3:04 pm

AAL

CRWD

DAL

MSFT

UAL

ULCC

A major outage of Microsoft and CrowdStrike services has impacted various sectors including airlines, emergency services, and hospitals across multiple states and countries. Airlines like American Airlines, Delta, United, and Frontier were notably affected, causing flight delays and cancellations. The outage also disrupted 911 services in several states and caused issues in Canada, South Africa, Australia, and Germany. Microsoft and CrowdStrike stocks experienced mixed reactions in the market.

Portfolio Pulse from Chris Katje

July 19, 2024 | 3:04 pm

DGX

Quest Diagnostics has announced that its patient services and customer contact teams are operating with reduced capacity, leading to longer wait and service times for customers.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 3:03 pm

WIMI

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) has developed a blockchain-based trust approach for cloud computing to enhance security and meet regulatory requirements.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 3:02 pm

PINS

Pinterest shares are climbing despite a negative short report from Grizzly Research, which claims the company is in a 'death spiral' and misleading investors about user engagement. The report criticizes Pinterest's focus on Monthly Active Users and alleges traffic losses in Western markets. Despite this, Pinterest shares are up 1.46% at $41.56.

Portfolio Pulse from Erica Kollmann

July 19, 2024 | 2:56 pm

NFE

New Fortress Energy shares are trading higher after the company announced that it achieved First LNG for its initial Fast LNG asset located offshore Altamira, Mexico.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 2:48 pm

Verizon reports that global IT issues are affecting various companies and industries worldwide, causing some impact on Verizon's service and store operations. However, Verizon's network remains unaffected.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 2:43 pm

AAL

DAL

JBLU

LUV

UAL

U.S. Transportation Secretary Buttigieg is monitoring the impact of an IT outage across all transportation sectors. Airlines have been reminded of their responsibilities amid the outage. There is no indication of an impact on the FAA or other U.S. transportation systems. Spot transportation issues are expected as systems get back online by Friday, with hopes for normalization by Saturday.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 2:42 pm