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BHP

China's steel industry is facing a 'harsh winter' due to a downturn in the property sector, impacting iron ore and coking coal markets. Despite increased steel exports, coking coal futures are at a yearly low, and iron ore prices have fallen below $100 per metric ton. BHP Group maintains its price estimate of $80 to $100 per metric ton.

Portfolio Pulse from Matt Whittaker

September 04, 2024 | 1:09 pm

AMCX

CHTR

AMC Networks and Charter Communications have renewed their distribution agreement, allowing Charter to carry AMC's cable networks for several years. AMC+ will be included in Spectrum TV Select packages at no extra cost and available for purchase by internet-only customers.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 1:07 pm

PACB

PacBio has partnered with the University Hospital of Münster to enhance research in male infertility and rare diseases using its Revio HiFi long-read whole genome sequencing system. This collaboration aims to provide more accurate genetic analysis.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 1:07 pm

DELL

Dell Technologies and Red Hat are collaborating to enhance AI workloads on Dell PowerEdge servers using Red Hat Enterprise Linux AI. This partnership aims to simplify AI deployment and improve AI/ML strategies for enterprises.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 1:05 pm

ABT

Abbott has initiated a clinical study to evaluate the use of its deep brain stimulation system for managing severe depression. The U.S. FDA has granted Abbott Breakthrough Device designation for this treatment, which targets treatment-resistant depression (TRD).

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 1:04 pm

CVM

CEL-SCI Corporation has received a waiver from the UK's MHRA, exempting its product Multikine from pediatric evaluation for head and neck cancer treatment in the UK.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 1:03 pm

INTU

Intuit has announced significant upgrades to its Generative AI Operating System, including the introduction of GenOS AI Workbench and enhancements to GenStudio, GenRuntime, and GenUX. These improvements aim to foster innovation and growth in Intuit's financial products.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 1:02 pm

ONTO

Onto Innovation's shares rose following the announcement of a new packaging applications center in the US, which will support advanced chiplet architectures and AI packages.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 1:02 pm

ASTS

AST SpaceMobile's shares rose following the announcement of a confirmed September 12 launch date for their BlueBird Satellites.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 1:00 pm

DPZ

MCD

SBUX

THCH

YUMC

DPC Dash, the exclusive master franchisee for Domino's Pizza in China, reported strong revenue growth and profitability in the first half of 2024. The company expanded aggressively, opening 146 new stores, and achieved positive same-store sales growth despite economic challenges. DPC Dash's stock has outperformed other China stocks since its IPO.

Portfolio Pulse from The Bamboo Works

September 04, 2024 | 12:59 pm