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ENGN

EnGene Holdings Inc. (NASDAQ:ENGN) shares are trading lower after reporting a significant increase in net loss for Q2 2024, driven by higher operating expenses. The company also announced strategic developments, including the expansion of its LEGEND study and key leadership hires.

Portfolio Pulse from Vaishali Prayag

June 14, 2024 | 6:26 pm

AZN

BNTX

JNJ

MRNA

NVAX

PFE

SPY

The FDA has updated its advice to manufacturers of COVID-19 vaccines for the 2024-2025 formula, recommending the use of the KP.2 strain of the JN.1-lineage if feasible.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 6:13 pm

BWX

FLIA

JGBB

The Bank of Japan's decision to reduce its bond purchases has left U.S.-traded Japan bond ETFs mostly flat, with the yen softening. WisdomTree Japan Interest Rate Strategy Fund (JGBB) remained unchanged, SPDR Bloomberg Barclays International Treasury Bond ETF (BWX) slipped 0.09%, and Franklin International Aggregate Bond ETF (FLIA) ticked up 0.4%.

Portfolio Pulse from Michael Juliano

June 14, 2024 | 6:13 pm

NVAX

Novavax has submitted an amendment to the FDA for Emergency Use Authorization of its updated JN.1 COVID-19 vaccine for individuals aged 12 and older. The vaccine targets the JN.1 lineage and is effective against current strains like KP.2 and KP.3. It would be the only protein-based COVID-19 vaccine available in the U.S. and aligns with global health recommendations. Novavax plans to release the vaccine in pre-filled syringes immediately upon authorization and CDC recommendation.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 6:07 pm

BTCUSD

Bitcoin has dipped to $65,500, but blockchain analytics firm Lookonchain suggests it might be a good time to buy based on several indicators, including the Rainbow Chart, RSI, 200-week moving average, CVDD, and the 2-Year MA Multiplier. These indicators suggest Bitcoin is not overvalued and may have room for further growth.

Portfolio Pulse from Murtuza Merchant

June 14, 2024 | 5:54 pm

TSLA

Shanghai has granted Tesla permission to test its Full Self-Driving (FSD) software on 10 vehicles, potentially enhancing Tesla's competitiveness in China. This approval could transform the Chinese auto market and escalate price competition. Tesla is also constructing a factory in Shanghai for its Megapack energy storage batteries.

Portfolio Pulse from Nabaparna Bhattacharya

June 14, 2024 | 5:44 pm

SCLX

Scilex Holding announced the publication of Phase 3 trial results for SP-102 (SEMDEXA) in the PAIN Journal. The study showed significant pain reduction and improved disability index scores in sciatica patients, with safety comparable to placebo. SP-102 has Fast Track status from the FDA.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 5:43 pm

GME

HOOD

SPY

The article discusses the recent trading activities and stock movements of GameStop Corp. (GME) influenced by Keith Gill (Roaring Kitty) and Ryan Cohen. It also highlights the impact on Robinhood Markets, Inc. (HOOD) due to the meme stock and crypto frenzy.

Portfolio Pulse from David Pinsen

June 14, 2024 | 5:41 pm

FXI

TSLA

Shanghai has granted Tesla permission to conduct a Full Self-Driving (FSD) pilot program. This development could significantly impact Tesla's operations and market perception, especially in the autonomous vehicle sector.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 5:39 pm

HBI

WIT

Wipro has been selected by Hanesbrands to lead its digital transformation and business growth initiatives. The services provided by Wipro will include AI, cloud, data analytics, application management, cybersecurity, and consulting.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 5:35 pm