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COIN

Coinbase Global has introduced the Coinbase Advanced Trade Go SDK, a new software development kit aimed at enhancing trading capabilities for developers.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 4:24 pm

BA

Boeing's Starliner spacecraft experienced a delay in docking with the International Space Station, holding outside the station for an extended period. This incident may impact investor confidence in Boeing's space ventures.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 4:17 pm

BMY

REPL

Replimune Group Inc (NASDAQ:REPL) reported positive topline results from its IGNYTE clinical trial of RP1 plus nivolumab in anti-PD1 failed melanoma, showing a 33.6% overall response rate. Bristol-Myers Squibb Co’s (NYSE:BMY) Nivolumab, sold as Opdivo, was used in the trial. REPL shares surged 28.40% following the news.

Portfolio Pulse from Vandana Singh

June 06, 2024 | 4:16 pm

JPM

USDTUSD

JPMorgan's recent report highlights the uncertain future of cryptocurrency regulation in the US, with potential opposition to CBDCs and non-compliant stablecoins. Key regulatory initiatives are stalled, creating a mixed outlook for the crypto industry.

Portfolio Pulse from Murtuza Merchant

June 06, 2024 | 4:15 pm

HOOD

Robinhood Inc. (NASDAQ:HOOD) has acquired Bitstamp, a major crypto exchange, to accelerate its vision of reorganizing the financial system through cryptocurrencies. The acquisition has been praised by industry experts as a bold and significant move, despite Robinhood recently receiving a wells notice from the SEC. The deal is expected to have long-term implications for the fintech sector and the broader crypto market.

Portfolio Pulse from Murtuza Merchant

June 06, 2024 | 4:11 pm

LLY

Eli Lilly's Alzheimer's drug, donanemab, will face an FDA advisory committee vote on June 10 to assess its benefit-risk profile based on Phase 3 study data. The study showed statistically significant results in reducing cognitive decline and improving daily function in Alzheimer's patients.

Portfolio Pulse from Vandana Singh

June 06, 2024 | 4:07 pm

DLB

GE

Dolby Laboratories (NYSE:DLB) announced a $429 million all-cash acquisition of GE Licensing from GE Aerospace (NYSE:GE). The deal, expected to close by the end of fiscal year 2024, will add over 5,000 patents to Dolby's portfolio, particularly in video compression technology. The acquisition is anticipated to be accretive to Dolby's operating margins and EPS on a non-GAAP basis in fiscal 2025. GE Aerospace will retain its core aerospace and defense IP portfolio.

Portfolio Pulse from Shivani Kumaresan

June 06, 2024 | 4:06 pm

BTCUSD

SQ

Jack Dorsey, co-founder of Block (SQ), expressed concerns about the influence of algorithms on free will at the Oslo Freedom Forum. He suggested a marketplace of algorithms as a solution. Elon Musk agreed with Dorsey's views. Dorsey also discussed Bitcoin's potential, predicting it could reach over a million by 2030.

Portfolio Pulse from Khyathi Dalal

June 06, 2024 | 4:02 pm

RIVN

Rivian has introduced the second generation of its R1S SUV and R1T pickup, featuring advanced performance, an evolved tech platform, and updated designs. The new models start at $69,900 and include a Rivian-designed quad motor delivering 1,025 horsepower and 0-60 mph in under 2.5 seconds.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 4:01 pm

AONC

American Oncology Network shares are trading higher following the announcement of the opening of Low Country Radiation in Waycross, Georgia.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 4:00 pm