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IBRX

ImmunityBio has announced that its immunotherapy drug ANKTIVA is now covered by multiple insurance plans across several states. The first commercial doses have been administered to patients with BCG unresponsive non-muscle invasive bladder cancer, marking a significant milestone in immunotherapy. ANKTIVA activates the body's immune system to attack resistant tumor cells and has shown a long duration of complete response. Urologists can access more information and support through ImmunityBio CARE™.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 1:17 pm

AVGO

Broadcom's Symantec Cloud Secure Web Gateway Solution has received FedRAMP authorization, enhancing its credibility and potential adoption in the federal market.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 1:16 pm

PEGY

SUNation Energy, a subsidiary of Pineapple Energy, has reported over $15 million in executed sales contracts and confirmed letters of intent in its commercial and industrial project pipelines.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 1:15 pm

AAPL

AMD

NVDA

TSM

Advanced Micro Devices, Inc (AMD) stock is trading higher on Thursday after confirming that a recent cyberattack did not compromise business-critical data. Additionally, AMD supplier Taiwan Semiconductor Manufacturing Co (TSM) is considering a new advanced chip packaging method to address AI computing power demands. AMD also announced a partnership with Sun Singapore Systems for an AI-based smart parking solution.

Portfolio Pulse from Anusuya Lahiri

June 20, 2024 | 1:15 pm

ACHR

Archer Aviation has announced plans to establish an air mobility network in San Francisco, aiming to revolutionize urban transportation with its electric vertical takeoff and landing (eVTOL) aircraft.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 1:15 pm

FRGT

Freight Technologies (FRGT) has expanded its relationship with Amazon Mexico to include cross-border logistics operations. This development is expected to enhance FRGT's service offerings and potentially increase its revenue streams.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 1:14 pm

JBL

Jabil Inc (NYSE: JBL) reported Q3 fiscal 2024 revenue of $6.77 billion, beating estimates but down 20.2% year-on-year. Adjusted EPS of $1.89 also surpassed expectations. Despite declines in DMS and EMS segments, the company is optimistic about growth in AI datacenters and EV markets. Q4 revenue is expected to be between $6.3 billion and $6.9 billion, with adjusted EPS of $2.03 to $2.43. FY24 guidance remains strong. JBL shares are down 5.53% premarket.

Portfolio Pulse from Anusuya Lahiri

June 20, 2024 | 1:12 pm

CIEN

TDC NET is set to deploy Ciena's Converged Packet Optical Solutions to upgrade its metro and long-haul networks with 800G technology. This upgrade, based on Ciena's WaveLogic 5 technology, will enable TDC NET to introduce new services sustainably and securely.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 1:05 pm

CYTO

Altamira Therapeutics has highlighted a review article that discusses the use of Betahistine in managing vertigo. This could potentially impact the company's stock as it brings attention to one of its therapeutic areas.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 1:05 pm

SCLX

Scilex Holding has partnered with Endeavor Distribution for the sale and distribution of its products. This partnership aims to enhance Scilex's market reach and distribution capabilities.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 1:04 pm