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BA

Boeing has presented a comprehensive plan to the FAA aimed at strengthening its safety management, quality system, safety culture, and ODA responsibilities. Actions are currently underway.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 7:13 pm

S

SentinelOne, Inc. (NYSE:S) shares are trading lower ahead of its first-quarter earnings report. Analysts expect losses of 5 cents per share and revenue of $181.09 million. The company has a history of beating estimates and recently announced the return of its LABScon cybersecurity conference. Analysts have a positive outlook with an average 12-month price target of $30.55.

Portfolio Pulse from Erica Kollmann

May 30, 2024 | 7:13 pm

ABNB

Airbnb's CFO reports stability in leisure travel for 2024, with non-urban markets gaining popularity compared to 2019. Prices are holding steady, and the Paris Olympics has driven a 40% year-over-year increase in supply.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 7:12 pm

SMMT

Summit Therapeutics shares are trading higher after the company's Phase III HARMONi-2 trial met its primary endpoint.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 7:08 pm

BNTX

BioNTech shares are experiencing increased trading volume as traders circulate data from Summit Therapeutics' Phase III HARMONi-2 trial. This data is perceived as favorable for BioNTech's oncology pipeline.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 7:04 pm

MRK

SMMT

Merck shares are trading lower following Phase III HARMONi-2 trial data from Summit Therapeutics. Summit Therapeutics shares are trading higher after the company's Phase III HARMONi-2 trial met its primary endpoint.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 6:53 pm

PYPL

PayPal Holdings Inc (NASDAQ:PYPL) shares are trading higher after Mizuho analyst Dan Dolev upgraded the stock from Neutral to Buy and raised its price target from $68 to $90. Dolev's analysis of PayPal's new Fastlane product shows potential for significant transaction margin growth. The analyst is also encouraged by stabilization in Branded Checkout trends and sees a compelling valuation for PayPal.

Portfolio Pulse from Anusuya Lahiri

May 30, 2024 | 6:52 pm

TCNNF

Trulieve Cannabis Corp. has resolved its legal dispute with Harvest of Ohio LLC, acquiring licenses for medical cannabis dispensaries in Columbus and Beavercreek. The settlement also involves transferring the Athens dispensary to Ariane Kirkpatrick and divesting Harvest Grows and Harvest Processing to third parties. Trulieve will provide operational support to the Ironton facility and pay an immaterial amount to Kirkpatrick.

Portfolio Pulse from Jelena Martinovic

May 30, 2024 | 6:41 pm

SMMT

Summit Therapeutics shares are trading higher after the company's Phase III HARMONi-2 trial met its primary endpoint.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 6:40 pm

MRK

SMMT

Summit Therapeutics announced that its Phase III trial HARMONi-2 met the primary endpoint of progression-free survival (PFS) for Ivonescimab in advanced NSCLC with PD-L1 expression. Ivonescimab is the first drug to show a clinically meaningful benefit over Pembrolizumab in a randomized Phase III clinical trial for NSCLC. The full data set will be presented at a major medical conference later this year.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 6:31 pm