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GOVX

INO

MRNA

SIGA

The World Health Organization (WHO) is considering declaring an international public health emergency due to a deadlier strain of mpox spreading in Africa. The virus has a 3% mortality rate and has seen a 160% increase in cases this year. Vaccines and public health surveillance are crucial for controlling the outbreak.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 4:09 pm

NVDA

TSM

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) stock fell on Monday amid a broader semiconductor industry selloff triggered by recession fears and disappointing jobs data. Nvidia Corp (NASDAQ:NVDA) also saw declines due to AI chip production issues. Despite recent losses, TSM has a positive long-term outlook with an average 1-year price target of $201.14.

Portfolio Pulse from Anusuya Lahiri

August 05, 2024 | 4:03 pm

FNF

SCHW

SPY

Multiple online brokerage platforms, including Charles Schwab, Vanguard, and Fidelity, experienced technical problems as the market faced heavy selling pressure. The outages were reported by thousands of users, with Schwab being the most affected. The issues coincided with a significant market downturn, with major indexes like the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average experiencing substantial declines.

Portfolio Pulse from Adam Eckert

August 05, 2024 | 4:01 pm

LLY

NVO

Eli Lilly's Zepbound is gaining market share in the U.S. weight-loss drug market, challenging Novo Nordisk's Wegovy amid ongoing supply issues. Eli Lilly has captured 40% of the market since Zepbound's launch in December. Both companies are expected to provide updates during their quarterly earnings release this week.

Portfolio Pulse from Vandana Singh

August 05, 2024 | 3:59 pm

BA

GE

ITA

NETZ

GE Aerospace and the Polish Ministry of National Defense have finalized an offset agreement for the purchase of 96 Boeing AH-64E Apache Guardian helicopters, which will use GE’s T700 engines. The agreement will generate high-value jobs in Poland and provide advanced engine MRO technology, training, and support. WZL-1 will handle MRO support, while WAT will oversee training. This partnership ensures supply security for T700/CT7-powered platforms. GE shares are down 0.69% at $159.17.

Portfolio Pulse from Lekha Gupta

August 05, 2024 | 3:58 pm

AAPL

GOOG

GOOGL

META

MSFT

Apple Inc. (NASDAQ:AAPL) reported its third-quarter financials, showing a YoY decline in iPhone sales and falling short of expectations in China. Despite this, Apple saw a 5% YoY revenue growth to $85.5 billion, surpassing estimates. Apple's AI investment is smaller compared to peers like Microsoft, Alphabet, and Meta. The company plans to roll out its Apple Intelligence software, which could drive a new iPhone sales cycle.

Portfolio Pulse from Upwallstreet

August 05, 2024 | 3:49 pm

BA

EADSY

Airbus delivered 77 aircraft in July, with 59 gross orders. From January to July, Airbus delivered 400 aircraft, booked 386 gross orders, and 367 net orders. Key deliveries included 28 A350s, 138 A320Neos, and 179 A321Neos.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 3:46 pm

ALSN

Australian businesses are investing in fully automatic fleets to address driver shortages and achieve high-level precision. This move is expected to benefit companies like Allison Transmission (ALSN), which provides automatic transmission solutions.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 3:33 pm

HIVE

HIVE Digital Technologies (NASDAQ:HIVE) shares are down 11.1% following an 8.64% drop in Bitcoin's price. Despite HIVE's recent production of 116 Bitcoin in July 2024 and significant purchases of new ASIC miners, the stock is affected by Bitcoin's volatility.

Portfolio Pulse from Dylan Berman

August 05, 2024 | 3:32 pm

ATNM

Actinium Pharmaceuticals (NYSE:ATNM) received a request from the FDA for additional studies on its leukemia treatment, Iomab-B. The FDA found the Phase 3 SIERRA trial inadequate for a Biologics License Application (BLA) due to issues with the trial design, including high crossover rates. Actinium will need to conduct a new head-to-head study and is seeking a strategic partner for Iomab-B in the U.S. ATNM stock fell 74% to $1.59 following the news.

Portfolio Pulse from Vandana Singh

August 05, 2024 | 3:21 pm