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TSM

Taiwan Semiconductor Manufacturing Co (TSMC) shares hit a record high due to the global AI frenzy. TSMC is in talks with ASML Holding to acquire advanced lithography machines and plans to raise service prices. TSMC announced a buyback of 3.25 million shares and a $7.8 billion facility in Singapore. Nvidia's stock gains also contributed to TSMC's surge. Investors can gain exposure to the semiconductor sector via First Trust Nasdaq Semiconductor ETF and ProShares UltraShort Semiconductors.

Portfolio Pulse from Anusuya Lahiri

June 06, 2024 | 11:17 am

CLGN

CollPlant has successfully bio-printed 200cc breast implants and reported positive pre-clinical data showing tissue growth and no adverse reactions. Large-animal studies are ongoing with results expected in Q4 2024 and Q1 2025.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 11:16 am

HOOD

Robinhood Markets has announced an agreement to acquire Bitstamp, a globally-scaled crypto exchange. This acquisition will expand Robinhood's reach to retail and institutional customers across the EU, UK, US, and Asia. The deal is expected to close in the first half of 2025.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 11:15 am

HOOD

Robinhood Markets has announced an agreement to acquire Bitstamp, a global cryptocurrency exchange, for approximately $200 million.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 11:12 am

CRGO

Freightos' WebCargo has partnered with Thai Airways to enhance digital air cargo services and introduce new payment solutions. This collaboration aims to streamline air cargo operations and improve efficiency.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 11:10 am

SNDX

Syndax Pharmaceuticals' drug Revumenib has received endorsement from the Independent Data Monitoring Committee (IDMC) to enter Phase 1b trials for metastatic colorectal cancer.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 11:08 am

GIII

G-III Apparel Group (NASDAQ:GIII) has acquired a 12% stake in All We Wear Group (AWWG) to enhance its market presence in Europe and India. AWWG will act as the agent for G-III's brands in Spain and Portugal, while G-III will leverage AWWG's presence in India.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 11:08 am

NVAX

Novavax announced that the FDA has completed the filing review of the final portion of its Biologics License Application for its COVID-19 vaccine. The FDA has set a PDUFA review goal date for April 2025.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 11:05 am

LASE

Laser Photonics and its parent company, Fonon, have announced the early testing of Fonon's Laser Shield Anti-drone System prototype at LPC's testing facility.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 11:02 am

ACM

AECOM, in a joint venture with Akima Support Operations, has been awarded a contract by the Naval Facilities Engineering Systems Command (NAVFAC) Pacific to provide facility support services under the Global Contingency Services Multiple Award Contract (GCSMAC). This marks AECOM's third consecutive GCSMAC award, continuing 13 years of support for NAVFAC facilities globally.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 11:01 am