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ACET

Adicet Bio announced that the FDA has granted Fast Track Designation to ADI-001 for the treatment of relapsed/refractory Class III or Class IV Lupus Nephritis. This designation aims to expedite the development and review of drugs for serious conditions with unmet medical needs.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 11:04 am

BMY

IMAB

I-Mab has entered a clinical collaboration with Bristol Myers Squibb to evaluate the combination of givastomig, an investigational bispecific antibody, with nivolumab and chemotherapy for treating advanced Claudin 18.2-positive gastric and esophageal cancers. The study will be a multi-national Phase 1 trial conducted by I-Mab, with Bristol Myers Squibb supplying nivolumab.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 11:02 am

PLTR

Palantir Technologies and Tampa General Hospital have announced a significant advancement in their long-term partnership, focusing on the future of AI in healthcare.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 11:00 am

AAPL

NVDA

SPY

Nvidia has become the second-largest holding in the SPDR S&P 500 ETF Trust (SPY), surpassing Apple. Nvidia's strong AI capabilities have boosted its stock price, making it the third most valuable company globally. The SPY ETF, which tracks the S&P 500, now has Nvidia at a 6.39% weighting, just behind Microsoft at 6.91%. Apple is now the third-largest holding at 6.34%.

Portfolio Pulse from Shanthi Rexaline

June 05, 2024 | 10:39 am

AXP

EBAY

eBay Inc. (NASDAQ:EBAY) will stop accepting American Express Co. (NYSE:AXP) cards from August 17 due to high fees. This decision follows unsuccessful negotiations over interchange fees. eBay faces challenges in the e-commerce market, while Amex has seen growth in card member spending.

Portfolio Pulse from Benzinga Neuro

June 05, 2024 | 10:37 am

ITRG

Integra Resources announced that the Mine Plan of Operations for the Delamar and Florida Mountain Project has met the content requirements of the US Code of Federal Regulations Title 43 Subpart 3809, as confirmed by the US Bureau of Land Management.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 10:35 am

ARKB

BITB

FBTC

GBTC

IBIT

Bitcoin spot ETFs recorded a net inflow of $887 million on June 4, marking the second-highest single-day net inflow in history. Grayscale, Fidelity, and BlackRock led the charge with significant inflows into their Bitcoin investment products. Year-to-date inflows have surpassed $15 billion, indicating a bullish market. Ethereum also saw positive inflows following the SEC approval of a spot-based Ethereum ETF.

Portfolio Pulse from Murtuza Merchant

June 05, 2024 | 10:27 am

ASNS

PLTR

Actelis Networks, Inc. (NASDAQ:ASNS) saw its stock surge 700% after securing new orders for its cyber-hardened technology to be deployed at three U.S. military bases. The company achieved significant government security certifications, which have resulted in new orders and a strong pipeline for its federal market segment.

Portfolio Pulse from Pooja Rajkumari

June 05, 2024 | 10:23 am

Ford Motor Co (NYSE:F) reported an 88% increase in electric vehicle (EV) sales in the U.S. for the first five months of 2024, with significant growth across its EV lineup. Despite a challenging market, Ford's EV sales surged, contrasting with Tesla's global EV delivery decline.

Portfolio Pulse from Anan Ashraf

June 05, 2024 | 10:19 am

EXPI

eXp World Holdings's core subsidiary has launched a global agent referral platform aimed at simplifying and accelerating the real estate referral process.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 10:17 am