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TU

TELUS is investing $9.6 million in the Chaudière-Appalaches region to expand wireless connectivity with the support of $2.7 million from the Quebec government and $2.2 million from the CRTC. This investment will fund 20 new 5G sites.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 7:12 pm

ASND

BMRN

Ascendis Pharma's new trial data for TransCon CNP, a treatment for dwarfism, shows promising results, posing a competitive threat to BioMarin's Voxzogo. BioMarin's stock has dropped due to this potential competition, despite its first-mover advantage and ongoing efforts to expand Voxzogo's market presence.

Portfolio Pulse from Vandana Singh

September 16, 2024 | 7:12 pm

TRMB

Trimble Inc. shares rose after announcing the launch of Transporeon Visibility in North America and the sale of its global telematics business to Platform Science, securing a 32.5% stake and a board seat.

Portfolio Pulse from Vaishali Prayag

September 16, 2024 | 7:11 pm

VEEE

Twin Vee PowerCats shares rose following the announcement of a new automotive-inspired buy/sell marketplace and a digital end-to-end boat buying platform.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 6:56 pm

MVST

Microvast shares increased following the launch of its new high-performance battery solutions at IAA Transportation 2024.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 6:53 pm

AMZN

DIS

Amazon and Disney are competing in the streaming market, with Amazon's Prime Video showing stronger performance compared to Disney+. Amazon's stock has seen significant gains, supported by bullish technical indicators and a diversified business model. In contrast, Disney's stock has underperformed, with less favorable technicals and a challenging streaming growth outlook.

Portfolio Pulse from Surbhi Jain

September 16, 2024 | 6:52 pm

DKNG

PENN

DraftKings and other sportsbooks could benefit from favorable outcomes in the second week of the NFL season, with underdogs winning over 50% of games. Needham analyst Bernie McTernan reiterated a Buy rating and $60 price target for DraftKings, highlighting its strong position in the growing North American online gambling market.

Portfolio Pulse from Chris Katje

September 16, 2024 | 6:39 pm

CCM

Concord Medical Services shares rose following the announcement of a significant medical equipment procurement license for its proton therapy equipment.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 6:38 pm

INTC

Intel has been awarded up to $3 billion by the Biden-Harris Administration under the CHIPS and Science Act for the Secure Enclave program. This initiative aims to expand the trusted manufacturing of semiconductors for the U.S. government, enhancing the domestic chip supply chain.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 6:03 pm

ARM

The article discusses the stock of Arm Holdings PLC (NASDAQ:ARM), highlighting its recent overbought status and potential price reversal. The stock may find support at $163 due to trading psychology and seller's remorse.

Portfolio Pulse from Mark Putrino

September 16, 2024 | 5:53 pm