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REGN

RBC Capital Markets analyst Brian Abrahams has reiterated an Outperform rating on Regeneron Pharmaceuticals (NASDAQ: REGN) and raised the price target to $1,299 from $1,200. The analyst expects Dupixent's COPD sales to reach $20 billion by 2026, significantly higher than previous estimates. This is based on positive feedback from pulmonologists and a higher-than-expected number of eligible patients. The analyst also slightly raised the 2024 EPS estimate to $40.65.

Portfolio Pulse from Nabaparna Bhattacharya

June 13, 2024 | 1:39 pm

DOGEUSD

Crypto traders are optimistic about Dogecoin's (DOGE) potential bullish rally based on technical chart analysis. Key liquidity levels and support zones have been identified, suggesting possible price targets. Additionally, there are talks of a DOGE ETF launch.

Portfolio Pulse from Khyathi Dalal

June 13, 2024 | 1:38 pm

GOOG

GOOGL

Google Waymo, a subsidiary of Alphabet Inc., is recalling 672 self-driving vehicles after one collided with a pole in Phoenix. The issue was identified and fixed with a software update. The recall follows a probe by the NHTSA into Waymo's driving behaviors.

Portfolio Pulse from Anan Ashraf

June 13, 2024 | 1:36 pm

KSCP

Knightscope has secured an agreement with a top-50 US bank to deploy its K5 Autonomous Security Robot service at a Kansas City location.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 1:35 pm

CNVS

Cineverse has surpassed 10 million subscribers on its fandom-focused YouTube channels. This success is driven by eight channels with over 400,000 subscribers each, and new additions like Dog Whisperer and For Us By Us Network.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 1:33 pm

ARM

SSNLF

TSM

Samsung Electronics unveiled its latest AI chips and strategic vision at the Samsung Foundry Forum, aiming to challenge TSMC's dominance in the semiconductor market. The company introduced new process nodes SF2Z and SF4U, and showcased its advanced backside power delivery network technology. Samsung aims to increase its market share and enhance its position in the competitive foundry market.

Portfolio Pulse from Shivani Kumaresan

June 13, 2024 | 1:33 pm

VUZI

Vuzix has announced the development of large format waveguide designs and manufacturing capabilities, with form factors ranging from several inches to several feet.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 1:32 pm

AAPL

AMD

NVDA

QCOM

TSM

VTI

VUG

Nvidia Corp (NASDAQ:NVDA) is trading higher on Thursday due to strong demand for its AI-related products. Nvidia, Apple, Qualcomm, and AMD have nearly fully booked TSMC's 3nm chip production until 2026. TSMC plans to increase 3nm production capacity. The U.S. government may add Russia to its semiconductor embargo list. Nvidia's stock has gained over 205% in the last 12 months. Investors can gain exposure to Nvidia through Vanguard Total Stock Market ETF (NYSE:VTI) and Vanguard Growth ETF (NYSE:VUG).

Portfolio Pulse from Anusuya Lahiri

June 13, 2024 | 1:31 pm

FBLG

FibroBiologics will join the Russell 2000 Index effective July 1 following the annual reconstitution. The company holds over 150 patents for fibroblast-based therapeutics and cures for chronic diseases.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 1:31 pm

AIQ

AVEM

BABA

META

Alibaba's affiliate Ant Group has invested $2.9 billion in AI research in 2023, focusing on its large language model BaiLing. The company has expanded its overseas operations and collaborated with over 30 e-wallet platforms for cross-border payments. Alibaba's stock has declined 11% over the past year.

Portfolio Pulse from Anusuya Lahiri

June 13, 2024 | 1:28 pm