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PFE

Pfizer has voluntarily withdrawn its sickle cell disease treatment, Oxbryta, from the global market due to safety concerns, including painful complications and deaths. The company has also halted all related clinical trials and does not expect this to impact its 2024 financial guidance.

Portfolio Pulse from Vandana Singh

September 26, 2024 | 2:29 pm

LI

NIO

TSLA

NIO Inc's stock surged over 5.49% following the People's Bank of China's monetary stimulus, which included a 50 basis point cut in the reserve requirement ratio. This move is expected to boost lending and support sectors like the automotive market, benefiting NIO as a leader in China's EV market.

Portfolio Pulse from Henry Khederian

September 26, 2024 | 2:24 pm

BX

LBO

WBIL

Blackstone Inc. is investing $13.3 billion in a new AI data center in the UK, expected to create 4,000 jobs. This move aligns with UK Prime Minister Keir Starmer's economic growth plans. Blackstone also announced an $8.4 billion acquisition of Smartsheet with Vista Equity Partners.

Portfolio Pulse from Lekha Gupta

September 26, 2024 | 2:22 pm

FYC

QMOM

ZETA

Zeta Global Holdings Corp. (NYSE:ZETA) has launched new AI tools for mobile marketing, enhancing personalized cross-channel campaigns. The company is expanding its generative AI Agents on the Zeta Marketing Platform, aiming to improve marketing productivity. ZETA shares rose 1.82% following the announcement.

Portfolio Pulse from Lekha Gupta

September 26, 2024 | 2:19 pm

AMD

AMD's shares are rising following the announcement that its Instinct MI300X will be used in Oracle's cloud infrastructure for AI applications.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 2:17 pm

BTCUSD

Crypto trader Stockmoney Lizards predicts Bitcoin's price to reach $100,000 in Q4 2023, driven by bullish signals and ETF interest, despite geopolitical risks.

Portfolio Pulse from Khyathi Dalal

September 26, 2024 | 2:11 pm

FUBO

ROKU

FuboTV Inc. has launched its Multiview feature in beta on select Roku devices, making it the first vMVPD to offer user-generated multiviewing on Roku. This feature allows users to stream up to four live channels simultaneously and is expected to expand to more Roku devices soon.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 2:03 pm

IYG

V

XLF

Visa Inc. is acquiring AI fraud specialist Featurespace to enhance its payment security solutions. This acquisition aims to bolster Visa's fraud detection capabilities and support global clients. The deal is expected to close in fiscal year 2025. Visa shares rose 1.21% following the announcement.

Portfolio Pulse from Lekha Gupta

September 26, 2024 | 2:02 pm

NOC

Northrop Grumman has been awarded a follow-on contract by the U.S. Navy for the next generation JCREW/DRAKE 2.0 systems, increasing the contract's value to over $161 million.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 1:59 pm

GOOG

GOOGL

Google's venture capital arm, GV, has invested $11 million in Finnish startup Distance Technologies, which is developing mixed-reality tech for car windshields and airplane cockpits. This move aligns with Google's strategic interest in the AR/VR market.

Portfolio Pulse from Benzinga Neuro

September 26, 2024 | 1:36 pm