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BMY

Bristol-Myers Squibb (BMY) has received FDA accelerated approval for its drug Repotrectinib.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 5:14 pm

LGVN

Longeveron Inc. (NASDAQ: LGVN) shares have surged over 200% this week, driven by a positive report from Zacks Small Cap Research, a new contract for its manufacturing facility, and progress in its Phase 2b clinical trial for Lomecel-B. Despite the recent gains, the stock has decreased by 89.55% over the past year.

Portfolio Pulse from Erica Kollmann

June 13, 2024 | 5:13 pm

ORCL

The U.S. Department of Veterans Affairs has extended its contract with Oracle for the modernization of its Electronic Health Record (EHR) system.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 5:13 pm

ARKK

ARKW

ROKU

Roku, Inc. (NASDAQ:ROKU) has announced a new partnership with Fandango to enhance ad campaign analytics through ticket sales attribution. This collaboration aims to provide theatrical advertisers with valuable insights into their campaigns. Additionally, Roku unveiled Roku Exchange, an advanced advertising technology solution integrated with the Magnite supply-side platform. Despite these advancements, ROKU shares have declined by 4.26% recently and have lost over 27% in the past year. Investors can gain exposure to ROKU through ARK Innovation ETF (NYSE:ARKK) and ARK Next Generation Internet ETF (NYSE:ARKW).

Portfolio Pulse from Nabaparna Bhattacharya

June 13, 2024 | 5:06 pm

CRM

ORCL

PCRFF

Oracle Corporation (NYSE:ORCL) has seen a significant surge in market capitalization to nearly $400 billion due to its strategic pivot to AI and cloud computing. The company's shares soared by 13% on Wednesday, adding $45 billion in market value. Oracle's cloud services are crucial for AI innovators like OpenAI, and the company signed over 30 AI sales contracts in Q4 totaling more than $12.5 billion. Meanwhile, Salesforce Inc (NYSE:CRM) has faced a more turbulent financial journey, with a market cap of $230 billion. Panasonic Information Systems has selected Oracle Exadata Database Service on Oracle Cloud Infrastructure (OCI) for its internal systems.

Portfolio Pulse from Shivani Kumaresan

June 13, 2024 | 4:56 pm

ALK

BA

GABF

ITA

Boeing (NYSE:BA) shares are trading lower following FAA's admission of insufficient oversight after a mid-air emergency involving Alaska Air (NYSE:ALK). Additionally, Boeing is investigating a new quality issue with its 787 Dreamliner. The stock has lost over 18% in the past year. Investors can gain exposure via IShares U.S. Aerospace & Defense ETF (BATS:ITA) and Gabelli Financial Services Opportunities ETF (NYSE:GABF).

Portfolio Pulse from Nabaparna Bhattacharya

June 13, 2024 | 4:52 pm

SMCI

Super Micro Computer shares are trading higher, driven by the momentum in AI technology. The stock has seen gains this year due to the increasing interest and investment in AI.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 4:39 pm

SONY

Sony Group Corp. (NYSE:SONY) has announced 14 new games for PlayStation Plus subscribers in June 2024, including titles like Monster Hunter Rise and Football Manager 2024. These games will be available for Extra and Premium subscribers starting June 18.

Portfolio Pulse from Franca Quarneti

June 13, 2024 | 4:30 pm

CURLF

Benzinga Cannabis, in partnership with Curaleaf's Rooted In Good, has announced the finalists for the 2024 Canna Founders Pitch Competition. The event will take place on June 17, 2024, in New Brunswick, New Jersey, and features five innovative cannabis companies: Bada Bloom Inc., Jades Elevation, TLEHL, The White Oak Bridge, and CannPowerment. The competition offers significant prizes and exposure opportunities for the participants.

Portfolio Pulse from Javier Hasse

June 13, 2024 | 4:27 pm

CRDL

Cardiol Therapeutics shares are trading lower following the announcement of 8-week clinical data from its Phase II MAvERIC-Pilot study on CardiolRx for symptomatic recurrent pericarditis.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 4:24 pm