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The impending arrival of spot Ethereum ETFs has generated excitement in the crypto market. Analysts predict significant inflows and price movements for Ethereum (ETH), with estimates ranging from $1 billion to $3 billion in net inflows. Price scenarios for ETH by the end of 2024 range from $4,428 to $6,730, depending on market conditions and inflows.

Portfolio Pulse from Murtuza Merchant

June 03, 2024 | 3:30 pm

AGIO

Agios Pharmaceuticals shares are trading higher after the company reported that its Phase 3 ENERGIZE-T study of mitapivat in adults with transfusion-dependent alpha- or beta-thalassemia achieved its primary endpoint of transfusion reduction response.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 3:28 pm

GPCR

Structure Therapeutics Inc. (NASDAQ:GPCR) announced positive 12-week topline obesity data from its Phase 2a study of GSBR-1290, showing significant weight loss and favorable safety results. The company plans to submit an IND to the FDA in Q3 2024 and initiate a Phase 2b study in Q4 2024.

Portfolio Pulse from Vandana Singh

June 03, 2024 | 3:11 pm

NBIX

Neurocrine Biosciences shares are trading higher after the company presented positive data from its CAHtalyst Phase 3 Pediatric and Adult Studies, CAHtalog Registry, and disease- and glucocorticoid-related comorbidities data in CAH at ENDO 2024.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 3:10 pm

TM

Toyota Motor North America reported a 68.7% increase in U.S. electrified vehicle sales for May 2024, reaching 85,335 units.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 3:04 pm

TM

Toyota Motor North America reported that its U.S. electrified vehicle sales for May 2024 totaled 85,335 units, marking a 68.7% increase on a volume basis.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 3:03 pm

ZVRA

Zevra Therapeutics announced positive Phase 2 trial results for KP1077 in treating idiopathic hypersomnia, presented at SLEEP 2024.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 3:01 pm

PFE

Pfizer CEO Albert Bourla discussed the company's cancer research and product pipeline live on CNBC.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 2:56 pm

BA

Saudi budget airline Flyadeal is considering an order of 10-20 wide-body jets from either Airbus or Boeing, according to the CEO.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 2:53 pm

WIMI

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) has developed BlockChain Guardian technology to enhance security for the Industrial Internet of Things (IIoT). This technology integrates blockchain's decentralization and security with intelligent Network Intrusion Detection Systems (NIDS) for real-time monitoring and anomaly detection.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 2:51 pm