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IREN

Iris Energy reported mining 347 Bitcoin in September, indicating its ongoing operational capabilities in cryptocurrency mining.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 12:48 pm

DRLL

WEEI

XOM

Exxon Mobil anticipates a hit to its Q3 earnings due to fluctuations in oil and gas prices, with upstream earnings potentially decreasing by up to $1 billion. Despite this, XOM shares are trading higher, possibly due to recent oil price increases amid Middle East tensions. Investors can also gain exposure through ETFs like DRLL and WEEI.

Portfolio Pulse from Lekha Gupta

October 04, 2024 | 12:48 pm

AZN

NVO

TMO

Thermo Fisher Scientific's Greenville facility, a major contract drug manufacturing site, has faced repeated regulatory violations. Despite these issues, the FDA has not taken action, and Thermo Fisher has addressed the concerns. The facility manufactures drugs for companies like Novo Nordisk and AstraZeneca.

Portfolio Pulse from Vandana Singh

October 04, 2024 | 12:46 pm

STLA

Stellantis NV is recalling over 129,000 Ram 1500 trucks in the U.S. due to a malfunctioning turn signal feature. The recall affects 2023-2024 models, with dealers set to inspect and replace faulty modules at no cost. This follows a larger recall in September.

Portfolio Pulse from Anan Ashraf

October 04, 2024 | 12:40 pm

BMY

The FDA has approved Bristol Myers Squibb's Opdivo for expanded use in treating resectable non-small cell lung cancer, marking a significant milestone for the company. This approval is based on the CheckMate-77T trial results, showing a 42% reduction in disease recurrence risk. The approval helps Bristol Myers Squibb mitigate the impact of upcoming patent expirations for its key drugs.

Portfolio Pulse from Vandana Singh

October 04, 2024 | 12:37 pm

BDRX

Biodexa provided an update on its Phase 1 study of MTX110 in recurrent glioblastoma, reporting on the progression-free and overall survival of patients in Cohort A. The study involves intermittent infusions of MTX110 via convection enhanced delivery. Two patients have deceased, while two others remain in follow-up.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 12:34 pm

BTC-USD

LTC-USD

The mystery surrounding Bitcoin's creator, Satoshi Nakamoto, is reignited with an upcoming HBO documentary. Nakamoto's anonymity and growing wealth, ranking him as the 26th-richest person globally, continue to intrigue the crypto community. The documentary explores theories about Nakamoto's identity, including the possibility of him being a group rather than an individual. This renewed interest coincides with ongoing debates about Nakamoto's legacy and the significance of his anonymity.

Portfolio Pulse from Murtuza Merchant

October 04, 2024 | 12:27 pm

IVV

NVDA

SPY

Nvidia insiders, including CEO Jensen Huang, sold over $1.8 billion in shares in 2024 amid AI spending and chip delays. Despite concerns, Nvidia's stock is up 179% in the last year. Analysts see Nvidia benefiting from AI spending, and investors can gain exposure through SPDR S&P 500 and iShares Core S&P 500 ETF.

Portfolio Pulse from Anusuya Lahiri

October 04, 2024 | 12:24 pm

GTLS

XOM

ExxonMobil has chosen Chart Industries' IPSMR liquefaction technology for the Rovuma LNG project in Mozambique, aiming to enhance project competitiveness and reduce emissions.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 12:20 pm

EVGO

HKD

HYLN

PAHC

RIVN

SAGE

ZIM

Rivian Automotive lowered its production guidance due to supply shortages, causing its shares to fall 6.8% in pre-market trading. Other stocks like Sage Therapeutics, ZIM Integrated Shipping, Hyliion Holdings, Phibro Animal Health, AMTD Digital, and EVgo also saw declines in pre-market trading.

Portfolio Pulse from Avi Kapoor

October 04, 2024 | 12:19 pm