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WENA

ANEW Medical, Inc. (NASDAQ:WENA) has been granted a European patent for its innovative neurodegenerative therapy. This patent covers the use of the Klotho gene sequence and gene delivery systems for treating cognitive and memory disorders. The company plans to expand its intellectual property portfolio into Asian markets in 2024.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 9:02 am

AZN

China has approved AstraZeneca's Tagrisso (Osimertinib) in combination with Pemetrexed and platinum-based chemotherapy for the first-line treatment of locally advanced or metastatic EGFR-mutated non-small cell lung cancer.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 8:56 am

AAPL

Apple Inc. (NASDAQ:AAPL) has started enabling Rich Communication Services (RCS) on its latest iOS 18 beta, according to user reports. This feature allows iPhone users to send rich messages, including audio and larger media files, to Android users. The feature was announced at WWDC 2024 and is now available in the second beta of iOS 18.

Portfolio Pulse from Ananya Gairola

June 26, 2024 | 8:44 am

NVDA

Nvidia Corp. (NASDAQ: NVDA) is predicted to experience a significant rally, potentially reaching $250 per share and a $6 trillion market cap by the end of the year, according to EMJ Capital founder Eric Jackson. The stock recently rebounded after a sell-off, closing at $126.09. Jackson attributes the expected rise to Nvidia's strong market position, high demand for its AI chips, and future product releases.

Portfolio Pulse from Shanthi Rexaline

June 26, 2024 | 8:39 am

FDX

GIS

MU

PAYX

TGLS

Key stocks to watch on Wednesday include General Mills, FedEx, Micron Technology, Tecnoglass, and Paychex. General Mills is expected to report earnings, FedEx reported strong Q4 results and announced a share buyback, Micron Technology is set to release earnings, Tecnoglass is reviewing strategic alternatives, and Paychex is expected to report earnings.

Portfolio Pulse from Avi Kapoor

June 26, 2024 | 8:27 am

GIS

MU

NVDA

PAYX

SEDG

The S&P 500 ended a three-session decline, driven by a rebound in Nvidia's stock. The CNN Money Fear and Greed index remains in the 'Fear' zone. Nvidia shares rose 6.8%, while SolarEdge Technologies fell 21% after announcing a $300 million convertible notes offering. Investors are awaiting earnings from General Mills, Micron Technology, and Paychex.

Portfolio Pulse from Avi Kapoor

June 26, 2024 | 8:25 am

UFO

Elon Musk has called for suing Jeff Bezos' Blue Origin after the company filed a public comment urging the FAA to limit SpaceX's Starship launches. Blue Origin's actions include capping launch rates and imposing penalties for violations. Musk criticized these moves as attempts to impede SpaceX's progress.

Portfolio Pulse from Shanthi Rexaline

June 26, 2024 | 8:16 am

IFF

International Flavors & Fragrances (IFF) has received EU-wide regulatory approval for two innovative poultry feed solutions, Axtra® XAP and Syncra® AVI, from its Danisco Animal Nutrition & Health unit. These products are designed to improve poultry production efficiency and gut health, respectively.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 8:01 am

AIG

Zurich Insurance announced a $600 million acquisition of AIG's global personal travel insurance business to expand its U.S. presence. The deal is expected to close by the end of 2024 and will integrate AIG's business with Zurich's Cover-More Group, projecting combined annual gross written premiums of $2 billion.

Portfolio Pulse from Benzinga Neuro

June 26, 2024 | 7:23 am

SNN

Smith+Nephew (NYSE:SNN) will sponsor Wimbledon 2024, highlighting its advanced sports medicine solutions for common tennis injuries like rotator cuff and meniscus tears. The company's REGENETEN Bioinductive Implant and FAST-FIX Family of meniscal repair solutions are key products in their portfolio.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 7:07 am