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ASND

Ascendis Pharma has priced a public offering of 2 million ADSs at $150 each, raising approximately $281.3 million. The proceeds will be used for commercial and clinical development activities, regulatory approvals, and general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 5:55 am

NVDA

Richtech Robotics has launched Scorpion, an AI-driven single-arm beverage service robot, and secured a 500-unit distribution deal over five years. The robot uses NVIDIA's accelerated computing to offer personalized drinks, aiming to save costs and enhance customer experience.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 5:49 am

QBTS

D-Wave and Staque have partnered to promote the adoption of annealing quantum computing in the Middle East, focusing on optimization and AI applications.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 5:44 am

GOOG

GOOGL

YouTube, owned by Alphabet Inc.'s Google, has introduced 'Pause ads' that display when a video is paused, causing user frustration. This move is part of YouTube's strategy to enhance its ad ecosystem, despite user backlash.

Portfolio Pulse from Ananya Gairola

September 20, 2024 | 5:32 am

SOL

Solana-based memecoins, including Dogwifhat and Bonk, saw significant gains, outperforming Ethereum-based Dogecoin and Shiba Inu, following the Federal Reserve's rate cut. Solana's native token SOL also rose by 3.60%.

Portfolio Pulse from Aniket Verma

September 20, 2024 | 4:50 am

MSTR

Max Keiser criticized Michael Saylor for questioning El Salvador's Bitcoin strategy, defending the country's approach to reducing debt and growing GDP without counterparty risk. Keiser's response is notable given his past support for Saylor's Bitcoin strategy.

Portfolio Pulse from Aniket Verma

September 20, 2024 | 3:50 am

BABA

DJT

FDX

NKE

TSLA

The U.S. stock market surged to new highs following the Federal Reserve's interest rate cut. Tesla, Nike, Alibaba, FedEx, and Trump Media & Technology were notable movers. Tesla rose 7.36% due to the rate cut, Nike jumped 9% after announcing a CEO transition, Alibaba gained 4.82% with new AI models, FedEx fell post-earnings, and Trump Media dropped 5.89% as lockup restrictions are set to expire.

Portfolio Pulse from Benzinga Neuro

September 20, 2024 | 3:16 am

BA

Elon Musk criticized the FAA for focusing on minor issues with SpaceX while ignoring safety concerns at Boeing. Musk highlighted inconsistencies in FAA's actions and called for congressional intervention. SpaceX continues its operations despite regulatory challenges.

Portfolio Pulse from Kaustubh Bagalkote

September 20, 2024 | 3:10 am

BLK

IBIT

BlackRock Inc. (NYSE:BLK) has highlighted Bitcoin as a potential hedge against the U.S. federal deficit and debt crisis, which stands at $35 trillion. The asset manager's advocacy for Bitcoin, including the launch of the iShares Bitcoin Trust ETF (NASDAQ:IBIT), is seen as a strategic move to diversify against fiscal and geopolitical risks.

Portfolio Pulse from Aniket Verma

September 20, 2024 | 2:07 am

MSFT

Krafton has acquired Tango Gameworks from Microsoft, focusing on preserving creative talent rather than financial gain. The acquisition includes the Hi-Fi Rush IP, with Krafton aiming to continue its legacy. Around 50 Tango employees will join Krafton, with no immediate plans for staff reduction.

Portfolio Pulse from Franca Quarneti

September 19, 2024 | 9:52 pm