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AMKR

TSM

Amkor Technology and TSMC have signed a Memorandum of Understanding to collaborate on advanced packaging and test capabilities in Arizona. This partnership will enhance TSMC's services for its customers by leveraging Amkor's facilities.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 9:01 pm

ROKU

Roku Inc. (NASDAQ:ROKU) shares rose after Macquarie analyst Tim Nollen increased the stock's price target from $72 to $90. The analyst highlighted Roku's growing TV time share, new Ads Manager tool, and potential revenue growth from subscription price increases on hosted streaming services.

Portfolio Pulse from Erica Kollmann

October 03, 2024 | 8:43 pm

IBKR

Interactive Brokers (NASDAQ:IBKR) has launched election betting contracts, allowing investors to hedge against election-related risks. This comes as KalshiEx resumes congressional betting after a legal ban was lifted. These developments offer new ways for investors to engage with political markets.

Portfolio Pulse from Michael Cohen

October 03, 2024 | 8:37 pm

RARE

Ultragenyx has provided an update on the Stage 1 cohorts in its Phase 1/2/3 Cyprus2+ study, which is evaluating the UX701 gene therapy for the treatment of Wilson Disease. This update is crucial for investors as it indicates the progress and potential of UX701 in addressing a significant medical condition.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 8:30 pm

AMZN

MSFT

J Allard, co-founder of Xbox and former Microsoft executive, has joined Amazon as Vice President of the devices and services team. While his specific projects are not yet disclosed, his expertise in gaming and technology could influence Amazon's product development.

Portfolio Pulse from Chris Katje

October 03, 2024 | 8:27 pm

BLNK

LCID

Envoy Technologies, a Blink Charging entity, has introduced Lucid Air EVs into its car share programs, expanding the availability of Lucid Air Tourings for car sharing.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 8:27 pm

SMMT

Summit Therapeutics has completed enrollment in its Phase III HARMONi trial for ivonescimab in EGFR-mutated NSCLC. The FDA has granted Fast Track designation for ivonescimab, with topline data expected in mid-2025.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 8:19 pm

UAVS

AgEagle Aerial Systems' eBee VISION participated in the REPMUS 2024 exercise, an annual event showcasing leaders in the UAS industry. The selection process for participation is rigorous, highlighting the company's prominence in the field.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 8:16 pm

EWJ

TM

VGK

Toyota and Subaru plan to launch jointly developed electric vehicles in Japan, the U.S., and Europe by 2026, according to Nikkei.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 8:15 pm

F

GM

STLA

TSLA

Republican Presidential Nominee Donald Trump announced that if elected, he will prevent states from banning gas-powered cars or trucks. This statement could impact the automotive industry, particularly companies involved in the production of gas-powered vehicles.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 8:13 pm