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MOLN

Molecular Partners has revealed preclinical data for its first Switch-Darpin candidate, MP0621, at EHA 2024. The data supports MP0621's potential to selectively kill cKit-positive cells and conditionally block CD47 with limited systemic side effects. MP0621 is currently in IND-enabling studies with a Phase 1 trial in AML anticipated in 2025.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 7:23 am

WEST

Westrock Coffee has announced the opening of the largest roast-to-ready-to-drink manufacturing facility in Conway, Arkansas. This new facility is expected to enhance the company's production capabilities and meet growing consumer demand.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 7:09 am

LYFT

UBER

Two U.S. senators have introduced a bill that would require ride-hailing companies like Uber and Lyft to inform passengers if their drivers are using dashcams. The bill aims to address privacy concerns while maintaining safety measures. The legislation's future is uncertain as it needs to pass through a Senate committee before a full Senate vote.

Portfolio Pulse from Benzinga Neuro

June 14, 2024 | 4:18 am

MSFT

Microsoft has paused the global release of its new AI feature, Recall, due to security concerns. The feature will now be tested within the Windows Insider Program before a broader rollout. This decision follows criticism from Elon Musk and is part of Microsoft's broader AI strategy.

Portfolio Pulse from Benzinga Neuro

June 14, 2024 | 3:36 am

HITI

High Tide Inc. (NASDAQ:HITI) reported strong financial performance in Q2 2024, with $9.4 million in free cash flow and a net income of $0.2 million. Revenue increased by 5% to $124.3 million, and adjusted EBITDA grew by 52% year-over-year. The company plans to expand its cannabis footprint by opening 20-30 new stores by year-end, supported by a strong cash position of $34.5 million.

Portfolio Pulse from Nicolás Jose Rodriguez

June 14, 2024 | 3:35 am

AAPL

Apple is introducing rest days in the upcoming watchOS 11 for Apple Watch, allowing users to pause their Activity Rings and adjust fitness goals based on their weekly schedule. This update aims to enhance the device's wellness capabilities and reduce guilt associated with not meeting daily fitness targets.

Portfolio Pulse from Benzinga Neuro

June 14, 2024 | 3:00 am

TSLA

Elon Musk revealed that former President Donald Trump is a big supporter of Tesla's Cybertruck, despite his previous skepticism about electric vehicles. This disclosure was made during Tesla's annual meeting, where Musk also mentioned that Trump frequently calls him. The relationship between Musk and Trump has evolved, with Trump now praising Musk and EVs publicly. Tesla's stock closed at $182.47, up 2.92% for the day.

Portfolio Pulse from Benzinga Neuro

June 14, 2024 | 2:55 am

BTCUSD

ETHUSD

Litecoin (LTC) defied the broader cryptocurrency market trend by rising nearly 2% while Bitcoin (BTC) and Ethereum (ETH) slipped. A prominent trader expects Litecoin to hit $85 soon, indicating a potential 7.5% surge. Litecoin's large transaction volume also increased, signaling greater engagement from large investors.

Portfolio Pulse from Aniket Verma

June 14, 2024 | 2:33 am

BA

LMT

TSLA

The Pentagon has awarded contracts under its $5.6 billion National Security Space Launch (NSSL) program to Blue Origin, SpaceX, and United Launch Alliance (ULA), a joint venture of Lockheed Martin and Boeing. These companies will compete for contracts until mid-2029 under NSSL Phase 3 Lane 1.

Portfolio Pulse from Benzinga Neuro

June 14, 2024 | 1:59 am

AMC

CMCSA

DIS

Disney is banking on upcoming releases 'Inside Out 2,' 'Moana 2,' and 'Deadpool & Wolverine' to recover from a disappointing box office performance in 2023. These films are expected to boost Disney's financials and also benefit theater chains like AMC.

Portfolio Pulse from Chris Katje

June 13, 2024 | 10:45 pm