Streetbeat News

Products Services

CRM

ORCL

Oracle and Salesforce are experiencing significant stock gains due to their advancements in AI and cloud services. Oracle's $6.5 billion investment in Malaysia's cloud infrastructure and Salesforce's new AgentForce platform are key drivers. Both companies show strong bullish signals, with Oracle's long-term global strategy and Salesforce's innovative enterprise solutions positioning them as leaders in the cloud market.

Portfolio Pulse from Surbhi Jain

October 03, 2024 | 3:29 pm

ZOM

Zomedica Corp. (NYSE:ZOM) has expanded its distribution partnership with Grovet, granting exclusive equine distribution rights for its PulseVet and TRUFORMA product platforms across 27 European countries. This strategic move aims to strengthen Zomedica's presence in Europe.

Portfolio Pulse from Lekha Gupta

October 03, 2024 | 3:28 pm

NVO

A study reveals that the real-world effectiveness of GLP-1 agonists like Novo Nordisk's Ozempic and Wegovy is lower than clinical trials suggest. Despite high demand and FDA approvals for expanded use, patients experience less weight loss in practice, with high discontinuation rates.

Portfolio Pulse from Vandana Singh

October 03, 2024 | 3:27 pm

LEVI

Levi Strauss & Co (NYSE:LEVI) shares fell after reporting lower-than-expected Q3 revenue and issuing fiscal 2024 earnings guidance below estimates. The company is considering selling its Dockers brand to focus on Levi's and Beyond Yoga. Analysts adjusted price targets but maintained positive ratings.

Portfolio Pulse from Erica Kollmann

October 03, 2024 | 3:25 pm

MSFT

RZLV

Rezolve AI Limited (NASDAQ:RZLV) shares surged after announcing a strategic partnership with Microsoft Corporation (NASDAQ:MSFT) to enhance global retail innovations using AI-powered commerce solutions. The partnership includes hosting Rezolve's Brain Suite on Microsoft Azure and extensive Go-to-Market support from Microsoft.

Portfolio Pulse from Vaishali Prayag

October 03, 2024 | 3:21 pm

GILD

Gilead Sciences is donating approximately 5,000 vials of Remdesivir to Rwanda for emergency use in response to the Marburg virus disease outbreak.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 3:20 pm

CLSK

RIOT

CleanSpark and Riot Platforms released their September Bitcoin mining updates, showing increased production. CleanSpark mined 493 Bitcoin, while Riot mined 412 Bitcoin. Both companies reported improvements in their operational hashrates. Despite these positive updates, CleanSpark and Riot shares were down slightly.

Portfolio Pulse from Adam Eckert

October 03, 2024 | 3:18 pm

BILI

Bilibili Inc (NASDAQ:BILI) shares fell 9.44% after a 90% surge, driven by optimism over China's stimulus measures. The decline is linked to geopolitical tensions in the Middle East affecting investor sentiment. Bilibili, a major Chinese video-sharing platform, faces challenges from market volatility and regulatory pressures.

Portfolio Pulse from Henry Khederian

October 03, 2024 | 3:15 pm

CVS

LLY

Texas Attorney General Ken Paxton has filed a lawsuit against major insulin manufacturers and pharmacy benefit managers, including Eli Lilly, Express Scripts, and CVS Pharmacy, accusing them of conspiring to inflate insulin prices. The lawsuit claims these companies violated the Texas Deceptive Trade Practices Act by artificially raising insulin prices and engaging in unlawful civil conspiracy.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 3:14 pm

BKSY

BlackSky Technology Inc (NYSE:BKSY) shares surged after securing a $290 million contract from the U.S. National Geospatial-Intelligence Agency to monitor global economic and military activities using satellite imagery and AI analytics.

Portfolio Pulse from Adam Eckert

October 03, 2024 | 3:10 pm