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AMC

DIS

'Inside Out 2' has become the highest-grossing film of 2024 globally after just two weekends, according to Disney.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 3:48 pm

XOM

ExxonMobil and Air Liquide have announced an agreement to support the production of low-carbon hydrogen and ammonia at ExxonMobil's Baytown, Texas facility. Air Liquide will build and operate four large modular air separation units to supply oxygen and nitrogen, using low-carbon electricity to reduce the project's carbon footprint. The final investment decision is subject to supportive government policy and necessary regulatory permits.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 3:47 pm

PARA

Paramount Global and The Described and Captioned Media Program (DCMP) have announced a multi-year partnership to make Nickelodeon's programming accessible to families and students with disabilities. The agreement includes popular series like Bossy Bear, Tiny Chef Show, Blues Clues & You!, and Santiago of the Seas, with content distributed via DCMP's free streaming services through 2029.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 3:46 pm

GSK

PFE

Pfizer Inc (NYSE:PFE) has secured a major contract with the U.K. to supply millions of doses of its Abrysvo RSV vaccine, surpassing GSK Plc (NYSE:GSK). The contract includes over 3.5 million doses for older adults and 1.4 million doses for pregnant mothers over the next two years. This decision is a significant blow to GSK, which is in fierce competition with Pfizer in the RSV vaccine market.

Portfolio Pulse from Vandana Singh

June 24, 2024 | 3:35 pm

ANSS

INTC

Ansys has joined Intel Foundry's United States Military, Aerospace, and Government Alliance to develop thermal management technology for the Intel 18A silicon process, enhancing high-performance computing, graphics, and AI products for U.S. national security applications.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 3:34 pm

INTC

SNPS

Synopsys has announced a production-ready multi-die reference flow for Intel Foundry's EMIB technology, leveraging its AI-driven EDA suite and IP to enhance heterogeneous integration and system performance.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 3:33 pm

CDNS

INTC

Cadence Design Systems (NASDAQ:CDNS) and Intel Foundry have announced key milestones in their strategic partnership, focusing on 3D-IC enablement, EDA flows, and IP development across Intel process nodes, starting with Intel 18A. The collaboration includes the availability of an advanced EMIB 2.5D packaging flow, enhancements to digital and custom/analog flows, and a comprehensive IP portfolio.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 3:33 pm

RGLS

Regulus Therapeutics (NASDAQ:RGLS) announced topline results from its Phase 1B MAD clinical trial for RGLS8429, showing a decrease in htTKV and an increase in PC1 and PC2 proteins. Despite initially trading higher, the stock turned negative and is down 20.3% at $2.00.

Portfolio Pulse from Dylan Berman

June 24, 2024 | 3:32 pm

SOLUSD

Crypto analyst Evanss6 criticizes Solana (SOL) for being an overhyped asset, predicting poor future performance. He claims Solana's rise was a strategic effort by backers to recoup losses and avoid lawsuits, rather than genuine project value. SOL has seen significant price declines recently.

Portfolio Pulse from Khyathi Dalal

June 24, 2024 | 3:30 pm

ALIM

ANIP

ANI Pharmaceuticals Inc (NASDAQ:ANIP) has agreed to acquire Alimera Sciences Inc (NASDAQ:ALIM) for $5.50 per share in cash and a contingent value right (CVR) of up to $0.50 per share. The deal, valued at approximately $381 million, includes the repayment of $72.5 million of Alimera's debt and is expected to close in Q3 2024. The acquisition will expand ANI's rare disease segment and international footprint, adding Alimera's products Iluvien and Yutiq to its portfolio. ANI expects significant revenue and EPS accretion from the deal.

Portfolio Pulse from Vandana Singh

June 24, 2024 | 3:28 pm