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SYRE

Paragon Therapeutics has announced a license agreement with Spyre Therapeutics, granting Spyre exclusive rights to certain antibodies and products targeting α4ß7 integrin and TL1A. Paragon will receive up to $22 million in milestone payments and royalties from Spyre.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:57 am

GME

Roaring Kitty, a retail trading legend known for his role in the GameStop stock surge of 2021, has returned to social media, causing significant spikes in meme coins like GameStop and Roaring Kitty. His return hints at a potential new cat-themed meme season.

Portfolio Pulse from Khyathi Dalal

May 15, 2024 | 11:51 am

TIP

Economist Peter Schiff criticized Federal Reserve Chair Jerome Powell for not acknowledging that the Fed's easy monetary policy during COVID-19 was a mistake, which he believes has led to the current inflation problem. Schiff predicts that inflation will rise further as the Fed is likely to repeat its mistakes. The iShares TIPS Bond ETF (TIP), which tracks inflation-protected U.S. Treasury bonds, saw a slight increase in premarket trading.

Portfolio Pulse from Shanthi Rexaline

May 15, 2024 | 11:50 am

JNPR

Juniper Networks has announced new AI-native networking capabilities aimed at enhancing wired and wireless experiences. These include continuous learning, expanded digital experience twinning, and simplified access control, reinforcing Juniper's leadership in AI for networking.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:50 am

PERI

Perion Network has announced the launch of Hivestack's 'green Curated Deals,' an innovative solution for Digital Out-of-Home (DOOH) advertising on a global scale.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:44 am

MTB

M&T Bank has announced the expanded use of nCino's platform by adopting a continuous credit monitoring solution powered by Rich Data Co's explainable AI technology.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:40 am

AAPL

CMCSA

DIS

NFLX

Comcast is launching a new streaming bundle called 'StreamSaver' that includes Apple TV+, Netflix, and Peacock at a significantly reduced price. This move intensifies competition in the streaming industry, following similar bundled offerings from Disney.

Portfolio Pulse from Rounak Jain

May 15, 2024 | 11:39 am

TSLA

Tesla CEO Elon Musk praised China's manufacturing and infrastructure capabilities following the U.S. decision to quadruple tariffs on Chinese electric vehicles (EVs). The Biden administration imposed a 100% tariff on Chinese-made EVs and additional tariffs on EV batteries and critical minerals, aiming to protect American automakers.

Portfolio Pulse from Anan Ashraf

May 15, 2024 | 11:38 am

HUM

STIM

Neuronetics announced that Humana has become the first commercial payer to address TMS therapy coverage for adolescents.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:34 am

VRCA

Verrica Pharmaceuticals has announced an amendment to its license agreement with Torii Pharmaceutical to jointly conduct a Phase 3 trial of YCANTH.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:34 am