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ASML

TSM

ASML is set to ship its $380 million chipmaking machine to TSMC and Samsung this year. This move is expected to enhance the production capabilities of both TSMC and Samsung, potentially impacting their market positions and financial performance.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 12:30 pm

ASNS

HPE

MITQ

Market-Moving News for June 5th highlights significant stock movements for Hewlett Packard Enterprise (HPE), Actelis Networks (ASNS), and Moving iMage Technologies (MITQ). HPE shares rose 18% following strong Q1 financial results. ASNS shares surged 1267% after receiving new orders from the U.S. military. MITQ shares increased 125% after securing a multi-million dollar contract.

Portfolio Pulse from ryanfaloona@benzinga.com

June 05, 2024 | 12:28 pm

HRMY

Harmony Biosciences (NASDAQ:HRMY) reported positive data from its Phase 2 study on pitolisant, showing significant reduction in excessive daytime sleepiness and fatigue in adults with Myotonic dystrophy Type 1.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 12:26 pm

NNOX

Nanox Imaging Ltd. has launched AI functionality in its Second Opinions online medical consultation service, integrating FDA-cleared AI solutions to enhance early detection of chronic conditions through chest and abdominal CT scans.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 12:24 pm

ASMB

Assembly Biosciences (ASMB) will present at the EASL Congress 2024, scheduled for June 5-8. This event could provide significant visibility and potential positive developments for the company.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 12:19 pm

IKT

Inhibikase Therapeutics has announced its expansion into the cardiopulmonary disease market. This strategic move aims to diversify its portfolio and leverage its existing expertise in disease treatment.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 12:18 pm

GENE

Genetic Technologies Limited (NASDAQ: GENE) and Stayhealthy, Inc. have announced a major distribution agreement to bring GTG's Multi-Risk Test to a broader audience in the online pharmacy channel across North America. This partnership aims to empower individuals to take control of their health through advanced genomics-based tests.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 12:17 pm

BTOC

Armlogi Holding Corp. (NASDAQ:BTOC) has become an authorized warehouse provider for sellers on the Temu marketplace, offering streamlined access to its warehousing facilities and tailored logistics services. This collaboration aims to enhance the operational capabilities of Temu sellers, improving order fulfillment and inventory management.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 12:16 pm

BYDDF

BYDDY

TSLA

Chinese EV maker BYD Co opened its first dealership in the Caribbean, raising concerns among U.S. automakers about potential market entry. BYD, which has surpassed Tesla in overall vehicle sales, has no current plans to enter the U.S. market but is exploring plant sites in Mexico. President Biden has imposed tariffs on Chinese EV imports to protect American manufacturers.

Portfolio Pulse from Anan Ashraf

June 05, 2024 | 12:16 pm

NVAX

Novavax announced that its JN.1 vaccine generates broad neutralizing responses for JN.1-lineage subvariants in non-clinical models.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 12:15 pm