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SONY

Sony Group Corp. (NYSE:SONY) has increased the price of its PlayStation 5 in Japan due to economic factors like a weakened yen and inflation. Analysts suggest this price hike is likely contained to Japan for now, but future global adjustments aren't ruled out. The potential release of a PS5 Pro could further impact pricing strategies.

Portfolio Pulse from Franca Quarneti

September 06, 2024 | 8:15 pm

GLD

SLV

SPY

The stock market experienced a decline following mixed jobs data. Additionally, gold and silver prices fell as the US dollar strengthened. The sentencing for Trump's hush money case is scheduled for after the 2024 election.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 8:08 pm

AAPL

F

NVDA

SOXX

September's market volatility is driven by cooling labor data and increased bets on a large Fed rate cut. Semiconductors, particularly Nvidia, faced significant declines due to potential antitrust investigations and Broadcom's disappointing guidance. Ford explores in-car ads, and Apple's upcoming iPhone 16 event may boost its stock.

Portfolio Pulse from Piero Cingari

September 06, 2024 | 8:08 pm

META

Meta Platforms Inc. is working to comply with the EU's Digital Markets Act by integrating third-party chat features into WhatsApp and Messenger for European users. This move aims to enhance user experience and align with regulatory requirements, although full interoperability will take years to achieve.

Portfolio Pulse from Vaishali Prayag

September 06, 2024 | 8:05 pm

LIPO

Lipella Pharmaceuticals has been granted a U.S. patent for their technology involving the delivery of agents using metastable liposomes, specifically for their lead drug targeting hemorrhagic cystitis, cancer, and painful bladder syndrome.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 8:04 pm

BA

Boeing Co. (NYSE:BA) has decided to return its Starliner spacecraft from the ISS without a crew due to thruster performance concerns. NASA opted to bring astronauts back on a SpaceX vehicle instead. Boeing shares fell 2.79% following the news.

Portfolio Pulse from Vaishali Prayag

September 06, 2024 | 8:04 pm

TCBP

TC BioPharm is set to begin preclinical studies for its lead therapy TCB008 aimed at treating monkeypox. The company plans to collaborate with an infectious disease center to expedite these studies.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 8:02 pm

AVGO

Broadcom Inc. (NASDAQ:AVGO) shares are trading lower despite reporting strong Q3 earnings that exceeded expectations. The company reported a 42% revenue increase, driven by AI semiconductor demand and VMware's contribution. Analysts remain bullish, but the stock dipped 9.7% due to cautious guidance.

Portfolio Pulse from Vaishali Prayag

September 06, 2024 | 7:24 pm

SONY

Sony Group Corp. (NYSE:SONY) may have unintentionally confirmed the design of the PS5 Pro in a recent blog post, aligning with previous leaks. Speculation suggests a release could be imminent, possibly by November 2024, with a price around $600. The PS5 Pro is expected to feature significant hardware upgrades.

Portfolio Pulse from Franca Quarneti

September 06, 2024 | 7:19 pm

EBS

GOVX

INO

MRNA

The CDC reports no cases of Clade I Mpox in the U.S. as of September 6, while Clade II Mpox continues to circulate at low levels.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 7:18 pm