Streetbeat News

Products Services

BMY

Bristol Myers Squibb (BMY) has announced data from three studies on Breyanzi, targeting large B-cell lymphoma, mantle cell lymphoma, and follicular lymphoma. The results could impact the company's stock performance.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 2:13 pm

AAPL

AMZN

OND

SPOT

WBIL

Spotify Technology SA (NYSE:SPOT) has increased prices for its premium plans in the U.S., leading to a 4.83% rise in its stock price. The price hike aims to enhance profit margins and follows other cost-cutting measures. The company faces competition from Apple Inc. (NASDAQ:AAPL) and Amazon.com Inc. (NASDAQ:AMZN). Investors can also gain exposure to Spotify through ProShares On-Demand ETF (NYSE:OND) and WBI BullBear Quality 3000 ETF (NYSE:WBIL).

Portfolio Pulse from Shivani Kumaresan

June 03, 2024 | 2:12 pm

GME

RDDT

Reddit Inc (NYSE:RDDT) shares are trading higher after Keith Gill, known as 'Roaring Kitty,' posted on Reddit for the first time in three years, suggesting a $116 million bet on GameStop Corp (NYSE:GME). Gill's post has sparked renewed interest in meme stocks.

Portfolio Pulse from Adam Eckert

June 03, 2024 | 2:10 pm

BPTH

Bio-Path Holdings, Inc. (NASDAQ:BPTH) shares surged 80% after the company presented positive interim results from its Phase 2 study of prexigebersen for treating acute myeloid leukemia (AML). The data showed the drug to be well-tolerated and effective, exceeding outcomes with frontline therapy. The stock saw heavy trading volume, with over 34.375 million shares traded compared to its float of 1.655 million shares.

Portfolio Pulse from Erica Kollmann

June 03, 2024 | 2:08 pm

BPTH

Bio-Path shares are trading higher following the announcement of data presentation from its ongoing Phase 2 study of prexigebersen for acute myeloid leukemia at the ASCO Annual Meeting.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 2:07 pm

NVO

Novo Nordisk has launched a new campaign called 'The Power Of Wegovy' to educate the public on the clinical data of Wegovy and empower individuals living with obesity.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 2:03 pm

NVAX

The U.S. FDA staff has recommended that Covid vaccine makers target the JN.1 and KP.2 subvariants for the 2024-25 vaccination campaign.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 2:03 pm

GILD

Kite's Tecartus has demonstrated a 40% four-year overall survival rate in the pivotal ZUMA-3 study for relapsed/refractory B-cell acute lymphoblastic leukemia.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 2:01 pm

FTXL

INTC

MSFT

QCOM

SMH

Qualcomm Inc (QCOM) has announced new chips that promise unprecedented battery life for PCs, particularly those incorporating advanced AI features. These chips will be used in Microsoft's (MSFT) latest Copilot+ PCs. Qualcomm aims to reduce the PC sector's reliance on Intel (INTC) and diversify its revenue sources. The new Qualcomm-powered laptops will be featured in Microsoft's Surface line and products from partners like Lenovo, Dell, and Asustek. Qualcomm's stock has gained 81% in the last 12 months.

Portfolio Pulse from Shivani Kumaresan

June 03, 2024 | 1:57 pm

BPTH

CAMP

CNSP

EFSH

GME

MBOT

U.S. stocks traded mostly higher with the Nasdaq Composite gaining around 150 points. The S&P Global manufacturing PMI rose to 51.3 in May. Bio-Path Holdings, Microbot Medical, and GameStop saw significant stock price increases, while CalAmp Corp., 1847 Holdings, and CNS Pharmaceuticals experienced notable declines.

Portfolio Pulse from Avi Kapoor

June 03, 2024 | 1:54 pm