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OCGN

Ocugen announced that the US FDA has lifted the clinical hold on their investigational new drug application for the Phase 1 clinical trial of OCU200, a treatment for diabetic macular edema.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 10:32 am

FXI

SPY

USO

U.S. markets closed higher as tech stocks gained, while China's markets plunged due to profit-taking and lack of new stimulus. European markets edged up slightly, and crude oil prices rose amid Middle East tensions.

Portfolio Pulse from Akanksha Bakshi

October 09, 2024 | 10:32 am

BABA

BIDU

JD

MCHI

SPY

TCEHY

Ray Dalio warns about the complexities of investing in China due to shifting economic policies and government control. Despite recent optimism, Chinese stocks have faced volatility, impacting major indices and tech giants.

Portfolio Pulse from Benzinga Neuro

October 09, 2024 | 10:28 am

BYDDF

BYDDY

BYD aims to sell 100,000 EVs in Mexico by 2025, despite potential 200% tariffs on Chinese-made cars proposed by Donald Trump. The company plans to announce its first Mexican factory location by year-end, initially producing 150,000 vehicles. BYD is seeking tariff relief and exploring global markets amid trade challenges.

Portfolio Pulse from Benzinga Neuro

October 09, 2024 | 10:19 am

SDGR

Schrödinger announced that new preclinical data on its investigational Wee1/myt1 inhibitor, SGR-3515, and its PRMT5-MTA inhibitor program will be presented at the EORTC-NCI-AACR Symposium.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 10:12 am

SFM

Sprouts Farmers Market has launched a new exclusive line called Real Root by Sprouts, featuring over 130 premium body care, personal care, and home fragrance items. This initiative aims to promote a healthier lifestyle among its customers.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 10:11 am

VSTM

Verastem Oncology will present mature data from its Phase 2 Ramp 201 clinical trial at the International Gynecologic Cancer Society. This presentation is significant as it will be part of a plenary session, indicating the importance of the findings.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 10:09 am

CCL

DIS

TSLA

Disney World, owned by Walt Disney Co. (NYSE:DIS), is closing early due to Hurricane Milton, which is expected to hit Florida. The closures include major parks and resorts, with refunds offered for prepaid bookings. Other companies like Universal and Tesla are also taking precautions.

Portfolio Pulse from Benzinga Neuro

October 09, 2024 | 10:08 am

INFY

MSFT

Infosys has announced an expansion of its collaboration with Microsoft, focusing on cloud solutions and digital transformation. This partnership aims to enhance Infosys' capabilities in providing cloud-based services and solutions.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 10:01 am

AAPL

MSFT

NVDA

Nvidia is on the verge of surpassing Apple as the world's most valuable company, driven by its strong performance in AI technology. Nvidia's stock has seen significant gains, and it needs a modest increase to overtake Apple's market cap. Market sentiment influenced by Federal Reserve announcements could impact Nvidia's position.

Portfolio Pulse from Shanthi Rexaline

October 09, 2024 | 9:18 am