Streetbeat News

Products Services

AAPL

ANET

COHR

DELL

SMCI

JPMorgan analyst Samik Chatterjee highlights Apple, Arista Networks, Coherent Corp, Dell Technologies, and Super Micro Computer as top picks in the AI hardware sector. Apple is noted for its underappreciated potential in AI-led hardware upgrades, while Arista, Coherent, Dell, and Super Micro are recognized for their strong positions in high-margin AI segments.

Portfolio Pulse from Surbhi Jain

June 24, 2024 | 12:42 pm

ZPTA

Zapata AI has joined the KT Consortium to collaborate with leading chemical and biochemical manufacturers such as Henkel, Mitsubishi Chemical, and Syngenta. The collaboration aims to accelerate chemical compound development and manufacturing using advanced technologies like optimization, virtual sensors, predictive modeling, and generative AI.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:40 pm

VERU

Veru presented Phase 2 and 3 data for Enobosarm at the ADA Scientific Sessions, showing it is well-tolerated with an adverse event profile comparable to placebo. The drug is effective in reducing fat and preserving lean mass in older adults and cancer patients.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:39 pm

RTH

SHOP

TGT

XLP

Target and Shopify have announced a partnership to feature Shopify merchants on Target Plus, expanding the digital marketplace with new products and brands. Target will also integrate select Shopify merchants' products into its physical stores. This collaboration aims to enhance the shopping experience and provide a broader array of high-quality options. Target and Shopify stocks are trading higher premarket.

Portfolio Pulse from Shivani Kumaresan

June 24, 2024 | 12:39 pm

ALNY

ALT

RGLS

Market-Moving News for June 24th: Alnylam Pharmaceuticals (ALNY) shares rise 14% after positive Phase 3 study results for vutrisiran. Altimmune (ALT) shares increase 20% following Phase 2 trial data presentation for pemvidutide. Regulus Therapeutics (RGLS) shares surge 41% after positive Phase 1b study results for RGLS8429.

Portfolio Pulse from ryanfaloona@benzinga.com

June 24, 2024 | 12:39 pm

RGF

Real Good Foods (NASDAQ:RGF) has launched its new Garlic Parmesan and Lightly Buttered Seasoned Chicken Breast Chunks in 4,000 Walmart stores nationwide.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:38 pm

CDXC

A Phase II clinical study has demonstrated that Niagen, a patented nicotinamide riboside, improves functional mobility for individuals with Peripheral Artery Disease (PAD). The study showed improvements in the six-minute walking distance and treadmill walking time for participants.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:38 pm

ASNS

Actelis Networks has received new orders for its cyber-hardened hybrid-fiber networking solutions for airports in India, Japan, and Poland. These orders are part of a multi-year contract with SITA and follow recent orders from three military bases, a partnership with Carahsoft, and a delivery to the City of Bakersfield.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:37 pm

CELZ

Creative Medical Technology has successfully generated human induced pluripotent stem cells (iPSC)-derived islet cells that produce human insulin.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:35 pm

MIRA

MIRA Pharmaceuticals announced preclinical results indicating that their compound Ketamir-2 does not induce hyper-locomotor activity, which is a positive safety indicator for the drug's development.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:34 pm