Streetbeat News

Products Services

AMD

KOMP

MSFT

PID

SONY

Sony is set to release the PlayStation 5 Pro on November 7, featuring a 45% performance boost and priced at $700. This launch aims to boost sales ahead of the holiday season. Sony's recent financial performance showed a 2% revenue increase, with a decline in PlayStation 5 sales. Investors can access Sony through ETFs like PID and KOMP.

Portfolio Pulse from Anusuya Lahiri

September 10, 2024 | 6:31 pm

GILD

Gilead Sciences has announced a strategic collaboration with Genesis Therapeutics to develop novel small molecule therapies. This partnership grants Gilead exclusive rights to use Genesis's GEMS AI platform for target optimization, leading to a positive market reaction.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 6:27 pm

GE

Safran's CEO anticipates continued pressure on the aerospace supply chain through 2025. Meanwhile, GE Aerospace's CEO acknowledges the long journey ahead in developing Rise engine technology but remains confident in its success.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 6:21 pm

BAYRY

ROIV

Roivant Sciences Ltd. has launched a new subsidiary, Pulmovant, to develop and commercialize the pulmonary hypertension drug mosliciguat, in-licensed from Bayer AG. The drug has shown promising results in reducing pulmonary vascular resistance in trials. Roivant's stock is down 1.88% following the announcement.

Portfolio Pulse from Vandana Singh

September 10, 2024 | 6:21 pm

CRVS

Corvus Pharmaceuticals' shares rose following the announcement of a Phase 3 clinical trial for Soquelitinib, targeting relapsed or refractory peripheral T-cell lymphoma.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 6:17 pm

ON

Market whales have shown a bullish stance on ON Semiconductor, with 75% of recent options trades being bullish or neutral. The trades suggest a price target range of $35 to $75. Despite a recent price drop of 2.85%, the stock remains neutral in terms of RSI. The next earnings report is due in 48 days.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 6:16 pm

BA

GCAD

ITA

Boeing shares are down due to a reported six-month delay in a key production milestone for its 737 MAX. The company also announced the launch of its Q4S satellite in 2026, aiming to advance quantum networking in space. Boeing delivered 40 commercial jets in August, an improvement from last year.

Portfolio Pulse from Lekha Gupta

September 10, 2024 | 6:15 pm

BMR

Beamr Imaging shares rose following the demonstration of advanced video optimization for 4K live streaming using NVIDIA Holoscan at IBC 2024.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 6:13 pm

LBPH

Truist Securities initiated coverage on Longboard Pharmaceuticals (NASDAQ:LBPH), highlighting its high-value epilepsy assets. The company plans to advance its lead drug, bexicaserin, into Phase 3 trials. Bexicaserin has shown promising results in reducing seizures and has received FDA Breakthrough Therapy designation. Truist rates LBPH as a Buy with a $60 price target, citing bexicaserin's superior safety and potential to expand the epilepsy market.

Portfolio Pulse from Vandana Singh

September 10, 2024 | 6:13 pm

VCIG

VCI Global shares are experiencing a decline following updates on its AI business and plans for a strategic reorganization.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 6:08 pm