Streetbeat News

Products Services

PHAR

Pharming has received marketing authorization from the U.K. Medicines and Healthcare Products Regulatory Agency for Joenja, a treatment for Activated Phosphoinositide 3-kinase Delta Syndrome.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 6:47 am

TSLA

Tesla has started delivering its Cybertruck in Mexico, marking the first international deliveries of the vehicle outside the U.S. The Cybertruck is priced at over $112,000 for the base version in Mexico. Tesla plans to expand deliveries to Canada later this year.

Portfolio Pulse from Anan Ashraf

September 26, 2024 | 6:46 am

RHHBY

Genentech, part of Roche Group, announced positive Phase III results for Gazyva in treating lupus nephritis, showing improved renal response and potential to delay kidney disease progression. The findings could offer a new treatment option for lupus patients.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 6:44 am

WKEY

WISeKey International Holding Ltd. announced the roadmap for its SEALCOIN platform, with a whitepaper release set for October 2024. The platform aims to facilitate secure IoT transactions using Hedera Hashgraph technology. Key milestones include a successful PoC, pre-seed investment, and upcoming regulatory compliance steps.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 6:42 am

EVO

Evotec and Novo Nordisk have announced a partnership to develop off-the-shelf cell therapies. Novo Nordisk will fund technology development at Evotec's facilities, with an option for exclusive rights in a specific therapeutic area. Evotec will receive R&D funding, upfront, milestone, and royalty payments.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 6:40 am

ABVX

Abivax SA will present new data on its lead drug candidate, obefazimod, at the UEG Week 2024, highlighting its potential in treating ulcerative colitis. The presentation will focus on Phase 2b trial data, suggesting obefazimod as a promising once-daily oral therapy.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 6:38 am

PYPL

PayPal is expanding its cryptocurrency services to U.S. business account holders, allowing them to buy, sell, and hold digital assets, except in New York State. This move is part of PayPal's strategy to enhance cryptocurrency utility for merchants. The company has previously launched a stablecoin, PayPal USD, and continues to see interest from investors like Ark Invest.

Portfolio Pulse from Aniket Verma

September 26, 2024 | 3:54 am

BTC-USD

ETH-USD

Worldcoin (WLD) surged over 10% amid news of OpenAI's transition to a for-profit model, with CEO Sam Altman receiving equity. This contrasts with declines in Bitcoin and Ethereum. Despite privacy concerns and bans in several countries, WLD saw increased trading volume.

Portfolio Pulse from Aniket Verma

September 26, 2024 | 3:16 am

MU

NVDA

SK Hynix's shares surged over 9% as it began mass production of advanced HBM3E chips, driven by AI demand. The company, a key supplier to NVIDIA, plans to deliver these chips by year-end. This positions SK Hynix ahead in the competitive AI-driven market.

Portfolio Pulse from Kaustubh Bagalkote

September 26, 2024 | 3:10 am

COST

DKNG

META

MU

TSLA

Meta Platforms, DraftKings, Costco, Micron Technology, and Tesla are gaining attention from investors due to recent developments. Meta announced new products, DraftKings benefited from positive sector guidance, Costco is expected to discuss its membership fee increase, Micron beat revenue estimates, and Tesla is returning to the Paris Motor Show.

Portfolio Pulse from Benzinga Neuro

September 26, 2024 | 2:04 am