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ALT

Altimmune has corrected its previous release regarding the reduction of visceral and subcutaneous adipose tissue in a Phase 2 study. The visceral adipose tissue reduction at week 48 is now reported as 28.3%, up from 25.6%, while subcutaneous adipose tissue reduction is revised to 19.5% from 20.1%.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 5:14 pm

IVW

IWF

NVDA

TSM

Nvidia faces investor concerns over delays in its Blackwell chip rollout, impacting its stock price. Despite a 15% drop, Nvidia anticipates significant revenue from Blackwell in the fiscal fourth quarter. Analysts highlight the delay as a concern, but some remain optimistic due to Nvidia's AI ambitions and supplier growth.

Portfolio Pulse from Anusuya Lahiri

September 10, 2024 | 5:12 pm

ASML

FXI

The Dutch government has announced that ASML will require a license to service certain Deep Ultraviolet (DUV) lithography equipment in China. This move is part of broader export control measures and could impact ASML's operations and revenue in China.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 4:54 pm

CPB

Campbell Soup is anticipating significant savings of approximately $70 million, primarily from optimizing its Meals and Beverage network.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 4:54 pm

SONY

Sony has announced the PlayStation 5 Pro, an upgraded version of the PS5, set to release on November 7, 2024, at $699.99. The PS5 Pro features enhanced graphics, faster rendering, and AI-driven upscaling, aiming to provide a superior gaming experience. It supports backward compatibility and includes a 2TB SSD.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 4:52 pm

LASE

Laser Photonics shares rose following the release of a concept animation for its CleanTech robotic cell, indicating positive investor sentiment towards the company's innovation.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 4:45 pm

LCID

Lucid Group, Inc. showcased its new Gravity electric SUV and teased an upcoming affordable crossover EV at its Technology & Manufacturing Day. The Gravity SUV will feature a NACS charging connector in 2025 and is set to begin production later this year. Lucid also plans to produce a midsize crossover EV by late 2026, priced under $50,000. Despite these announcements, Lucid shares have declined 10% over the past five days.

Portfolio Pulse from Erica Kollmann

September 10, 2024 | 4:41 pm

AAPL

Apple's stock is trading slightly lower following the release of the iPhone 16 series and new wearable devices. Despite the initial dip, analyst Dan Ives projects strong future growth driven by AI features, with a raised price target of $300. However, Apple faces a setback with the EU court's decision on back taxes. Analysts have a mixed outlook, with a 12-month average price target of $250.39.

Portfolio Pulse from Erica Kollmann

September 10, 2024 | 4:40 pm

REVG

Renegade RV, part of REV Group, Inc., has opened a new Customer Experience Center in Elkhart, IN. The center will showcase motorhomes from various REV Group brands during the Elkhart RV Dealer Open House.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 4:37 pm

SBUX

Starbucks CEO emphasizes the company's focus on investing in technology to improve partner and customer experiences, supply chain, and mobile platforms. The company sees significant growth potential internationally, particularly in the Middle East, APAC, Europe, and Latin America, and aims to understand growth opportunities in China.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 4:34 pm