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NTRA

Natera announced the publication of its Signatera test in JCO Precision Oncology, highlighting its effectiveness in early detection of recurrence in early-stage breast cancer patients. The expanded EBLIS study, with up to 12 years of follow-up, supports Signatera's utility across all breast cancer subtypes.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 12:05 pm

RDY

Dr. Reddy's Laboratories has announced the launch of Doxycycline Capsules, 40 mg, in the United States, marking a significant development in its product portfolio.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 12:05 pm

GOSS

Gossamer Bio announced the publication of its TORREY Phase 2 study results in Lancet Respiratory Medicine, marking a significant milestone for the company's research in respiratory medicine.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 12:03 pm

CMI

Cummins (NYSE:CMI) has been the subject of diverse analyst opinions ranging from bullish to bearish over the past quarter, with a total of 7 analysts offering their views. The recent evaluations show a shift towards a more neutral stance in the last 30 days compared to previous months. The average 12-month price target for Cummins has been raised to $289.86, indicating an 11.27% increase from the previous target of $260.50. Analysts from firms including Baird, Goldman Sachs, JP Morgan, UBS, Truist Securities, Evercore ISI Group, and Citigroup have updated their ratings and price targets, reflecting various adjustments based on market conditions and company performance. Cummins, a leading manufacturer of diesel engines and powertrain components, has shown strong financial performance with a notable revenue growth rate and above-average market capitalization, despite challenges in net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 12:00 pm

AAPL

Tesla investor Ross Gerber predicts a new upgrade cycle for Apple Inc. (AAPL) following the announcement of AI features for iPhones, expected to be detailed at the WWDC in June. Despite a lack of specifics from CEO Tim Cook, the anticipation of AI integration has sparked interest. Apple's recent struggles with iPhone sales, dropping 16% in early 2024, could be mitigated by these developments. Additionally, Apple's acquisition of DarwinAI and the upcoming 'Project Graymatter' indicate a strong push into AI. Apple's stock rose 6.06% in premarket trading after the news.

Portfolio Pulse from Rounak Jain

May 03, 2024 | 11:42 am

AEON

AEON Biopharma's stock price dropped following the announcement that ABP-450, its Phase 2 trial drug, failed to meet the primary endpoint in preliminary top-line results.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 11:33 am

COST

Costco Wholesale (NASDAQ:COST) is offering up to $2,000 incentives for Costco members on select EVs from Volvo, Polestar, Chevrolet, and Cadillac through its auto program. The offer, valid from May 1 to July 31, includes discounts on specific models, including the Polestar 2, Cadillac Lyriq, Chevrolet Blazer EV, and Chevrolet Equinox EV. This initiative marks the first time Costco's Auto Program has provided incentives for all four brands simultaneously, aiming to enhance the purchasing power of Costco members towards EVs.

Portfolio Pulse from Anan Ashraf

May 03, 2024 | 11:26 am

ECX

ECARX Holdings announced the launch of multiple intelligent driving and safety features for its Skyland Pro computing platform, aiming to significantly enhance the intelligent driving experience.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 11:26 am

BYSI

BeyondSpring announced it will host a Virtual R&D Day to discuss its new development strategy for Plinabulin in cancer treatment and provide updates for Seed Therapeutics.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 11:24 am

AAPL

Apple Inc. CEO Tim Cook announced a $100 billion investment in R&D over the past five years, focusing on AI, ahead of the Worldwide Developers Conference. Despite a lower capital expenditure compared to rivals, Apple is optimistic about its AI strategy. The company's approach includes using its own data centers and third-party capacity. Apple's stock has seen a 10% drop this year but announced a record share buyback program and a smaller-than-expected revenue drop. Challenges in China and competition from Huawei have impacted iPhone sales.

Portfolio Pulse from Benzinga Neuro

May 03, 2024 | 11:22 am