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GNTA

Genenta Science shares rose after the Agenzia Italiania del Farmaco approved a Phase 1 trial for its metastatic renal cell cancer treatment. HC Wainwright & Co reiterated a Buy rating with a $25 price target.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 5:07 pm

ITA

MISL

RTX

RTX Corporation's Raytheon has secured a DARPA contract to develop ultra-wide bandgap semiconductors using diamond and aluminum nitride technology. This contract is part of a two-phase project aimed at enhancing power delivery and thermal management in electronic applications. RTX's stock has gained over 74% in the past year, and investors can gain exposure through ETFs like iShares U.S. Aerospace & Defense ETF and First Trust Indxx Aerospace & Defense ETF.

Portfolio Pulse from Nabaparna Bhattacharya

October 02, 2024 | 5:00 pm

AMZN

Amazon plans to increase the number of advertisements on its Prime Video platform, as reported by the Financial Times. This move is likely aimed at boosting revenue from its streaming service.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 4:49 pm

HSY

Hershey shares are trading higher due to a report indicating that competitor Mars will increase prices in December.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 4:49 pm

AAPL

JPMorgan analyst Samik Chatterjee maintains an Overweight rating on Apple with a $265 price target, noting strong interest in the iPhone 16 series despite a decline in preference for high-end models. Interest in new iPhones is higher for 2024, driven by faster devices and 5G connectivity.

Portfolio Pulse from Anusuya Lahiri

October 02, 2024 | 4:48 pm

JOBY

TM

WBAT

Toyota is investing an additional $500 million in Joby Aviation to support the certification and production of electric air taxis. This investment will increase Toyota's total stake in Joby to $894 million. The funds will aid in the certification and commercial production of Joby's electric air taxi, with plans for a manufacturing alliance. Joby is progressing towards commercialization, having completed significant stages in the certification process.

Portfolio Pulse from Lekha Gupta

October 02, 2024 | 4:45 pm

HSY

RBC reports that Mars, a competitor of Hershey, plans to increase prices in December. This move could impact Hershey's market position and pricing strategy.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 4:39 pm

SOFI

SoFi Technologies, Inc. (NASDAQ:SOFI) shares are trading higher following the launch of DSP2.0, a platform for equity program management and IPO processes. The company may benefit from a recent Fed interest rate cut, potentially increasing demand for its financial products. Analysts have a positive outlook with a 12-month price target of $8.75.

Portfolio Pulse from Erica Kollmann

October 02, 2024 | 4:35 pm

SJM

J M Smucker has announced that it has dedicated plans to ensure continuity of service amid the U.S. East Coast ports strike.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 4:32 pm

NVVE

Nuvve Holding Corp (NASDAQ:NVVE) showcased its scalable V2G solution at an Exelon event, highlighting its ability to turn parked EVs into grid powerhouses. This innovation positions Nuvve as a leader in the V2G market, which is expected to grow significantly. NVVE stock rose by 8.33% following the announcement.

Portfolio Pulse from Anusuya Lahiri

October 02, 2024 | 4:30 pm