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COIN

GBTC

Bitcoin surged past $70,000 and Ethereum jumped 12% following news that the odds of spot Ethereum ETF approval have increased to 75%. This development, along with strong inflows into Bitcoin ETFs and a drop in Bitcoin exchange reserves, has led to a bullish sentiment in the cryptocurrency market.

Portfolio Pulse from Khyathi Dalal

May 20, 2024 | 8:13 pm

LRMR

The FDA has removed the partial clinical hold on Larimar Therapeutics' Nomlabofusp program for Friedreich's Ataxia. This decision follows a review of Phase 2 study data. Larimar plans to escalate the dose in their ongoing study and aims to submit a Biologics License Application by the second half of 2025.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 8:07 pm

NB

A study suggests that mine electrification and replacing vertical shafts with a Railveyor system could significantly reduce initial CAPEX and OPEX for NioCorp's Elk Creek Critical Minerals Project. This approach could also cut the time to full commercial production by up to 5 months and reduce the mine's carbon footprint.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 8:03 pm

BURU

Nuburu will be issued US Patent Number 11,986,883 for its 'Blue Laser Metal Additive Manufacturing System (Using A Digital Mirror Device)' tomorrow.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 7:58 pm

AAPL

META

SONY

LG Corporation is reportedly slowing down its XR collaboration with Meta Platforms, with a potential shift towards a new partnership with Amazon. Meta's Reality Labs continues to face significant financial losses, while the broader VR/AR industry, including Sony and Apple, is also experiencing challenges.

Portfolio Pulse from Franca Quarneti

May 20, 2024 | 7:56 pm

DYN

Dyne Therapeutics Inc (NASDAQ:DYN) released positive clinical data from its Phase 1/2 trials for DYNE-101 and DYNE-251, leading to a 27.80% increase in its stock price. The trials showed significant improvements in patients with myotonic dystrophy type 1 (DM1) and Duchenne muscular dystrophy (DMD).

Portfolio Pulse from Vandana Singh

May 20, 2024 | 7:53 pm

HPQ

MSFT

HP Inc. (NYSE:HPQ) has unveiled new AI-powered PCs at Microsoft's AI Vision Event, leading to a 2.63% rise in its stock price. The new HP OmniBook X AI PC and HP EliteBook Ultra AI PC feature advanced AI capabilities, sleek design, long battery life, and robust security features.

Portfolio Pulse from Vaishali Prayag

May 20, 2024 | 7:52 pm

BG

Bunge announced that loading operations at the Rio Grande port have resumed, and its soy crushing unit could be back online by the end of the week.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 7:50 pm

BG

Bunge's Brazil unit is gradually resuming operations in Rio Grande. The company stated that its Rio Grande facilities were not directly impacted by recent floods.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 7:49 pm

RBRK

Rubrik Inc (NYSE:RBRK) has garnered positive attention from multiple analysts following its IPO, with bullish ratings and high price targets. Analysts highlight Rubrik's potential to disrupt the legacy backup and recovery market and expand its total addressable market significantly due to its advanced cybersecurity features.

Portfolio Pulse from Priya Nigam

May 20, 2024 | 7:47 pm