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SONY

Naughty Dog, a subsidiary of Sony Group Corp. (NYSE: SONY), is working on multiple single-player projects, moving beyond its well-known The Last of Us franchise. Studio head Neil Druckmann emphasized the studio's commitment to strong narratives and character-driven experiences.

Portfolio Pulse from Franca Quarneti

June 03, 2024 | 5:57 pm

ARWR

Arrowhead Pharmaceuticals Inc. (NASDAQ:ARWR) announced positive topline results from its Phase 3 PALISADE study of plozasiran for treating familial chylomicronemia syndrome (FCS). The study met its primary and secondary endpoints, showing significant reductions in triglycerides and a favorable safety profile. ARWR shares rose by 7.58% following the news.

Portfolio Pulse from Vandana Singh

June 03, 2024 | 5:55 pm

BUD

HITI

PLNH

TLRY

TSNDF

The article discusses the growing intersection between the alcohol and cannabis industries, highlighting moves by major companies like Anheuser-Busch, Molson Coors, Constellation Brands, and Tilray Brands. Tilray has acquired eight beer brands from Anheuser-Busch, making it the 5th largest craft beer business in the U.S. The article also mentions new cannabis store openings in various states and countries, including Illinois, Florida, Michigan, California, Canada, and Thailand.

Portfolio Pulse from Jelena Martinovic

June 03, 2024 | 5:53 pm

CLH

ETN

RSHO

SPY

SUM

The Tema American Reshoring ETF (NYSE:RSHO) has outperformed the S&P 500 Index over the past year, achieving a 32% annual gain without holding any of the Magnificent Seven stocks. The ETF focuses on companies involved in reshoring manufacturing to the U.S. due to supply chain insecurity, trade wars, and geopolitical tensions. Key holdings include Eaton Corp (NYSE:ETN), Parker-Hannifin Corp (NYSE:PH), Summit Materials Inc. (NYSE:SUM), and Clean Harbors Inc. (NYSE:CLH).

Portfolio Pulse from Piero Cingari

June 03, 2024 | 5:46 pm

ETHUSD

GME

SOLUSD

Roaring Kitty's return has led to a significant surge in GameStop (GME) stock and related meme coins. An investor made an unrealized profit of $300,000 on Ethereum-based GME tokens. GameStop shares rose by 22%, and GME tokens on various blockchains saw substantial gains.

Portfolio Pulse from Murtuza Merchant

June 03, 2024 | 5:38 pm

AMC

BRK

CMG

COHR

DIA

EWW

GME

LSCC

PARA

QQQ

SAIC

SPOT

SPY

TLT

XLV

XRT

The VIX surged 9% as major U.S. equity indices fell due to concerns over U.S. manufacturing activity. Safe-haven assets like bonds and gold rose, while meme stocks like GameStop and AMC spiked. Notable stock movements included Paramount Global, Lattice Semiconductor, and Spotify. Mexican assets also saw significant declines following a presidential election.

Portfolio Pulse from Piero Cingari

June 03, 2024 | 5:32 pm

UAL

United Airlines Holdings Inc. is adjusting its fleet plans by taking delivery of six Boeing 737 Max 9 jets per month due to delays in the larger 737 Max 10 model. This shift was announced by United's CEO Scott Kirby at the IATA conference in Dubai.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 5:24 pm

Boeing's jet deliveries to China have been halted as regulators scrutinize a new cockpit voice recorder design.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 5:20 pm

CRBU

Caribou Biosciences shares are trading lower after presenting clinical data from the CB-010 ANTLER Phase 1 trial in second-line LBCL patients at the 2024 ASCO Annual Meeting.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 5:19 pm

JACK

Jack In The Box has announced a collaboration with rapper Ice Cube to introduce a new Munchie Meal celebrating California. This partnership aims to attract more customers and boost sales.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 5:17 pm