Streetbeat News

Products Services

NVO

Novo Nordisk A/S stock dropped 16% in pre-market trading due to disappointing trial results for CagriSema. Despite this, the company showed strong financial performance with 22.7% YoY revenue growth and an expanded EBIT margin in Q3 FY2024. The selloff is seen as a buying opportunity.

Portfolio Pulse from

December 20, 2024 | 2:30 pm

VNDA

Vanda Pharmaceuticals has received Orphan Drug Designation from the FDA for VGT-1849A, a JAK2 inhibitor for treating polycythemia vera, a rare blood disorder.

Portfolio Pulse from

December 20, 2024 | 2:30 pm

INVZ

Innoviz Technologies is showing potential with significant Lidar deals expected to start production by 2026. However, the stock has been volatile and risks a reverse split if it can't maintain a price above $1. The company's cash burn rate is down, but its low cash balance poses a risk until major programs commence.

Portfolio Pulse from

December 20, 2024 | 2:30 pm

NVO

Novo Nordisk's shares fell over 20% after disappointing results from a late-stage trial of its weight loss drug CagriSema, which showed a 22.7% weight loss, below the expected 25%.

Portfolio Pulse from

December 20, 2024 | 2:30 pm

BP

BP and Iraq have agreed on technical terms to redevelop the Kirkuk oilfields, with a deal expected by early 2025. This project aims to boost oil output and integrate renewable energy.

Portfolio Pulse from

December 20, 2024 | 2:30 pm

WOW

WOW! has launched its all-fiber internet services in Brighton, Michigan, expanding its state-of-the-art network to this Central Michigan community. This marks the latest Greenfield market for WOW!, providing advanced internet services to local residents and businesses.

Portfolio Pulse from

December 20, 2024 | 2:30 pm

ICE

The New York Stock Exchange (NYSE) has introduced a new daily pre-market update and additional content from the NYSE Trading Floor, including a Weekly Recap for market insights.

Portfolio Pulse from

December 20, 2024 | 2:30 pm

WST

West Pharmaceutical Services (WST) is experiencing growth in its Pharma market unit, but faces challenges in its Generics and Biologics business units.

Portfolio Pulse from

December 20, 2024 | 2:30 pm

HWH

SHRG

HWH International Inc. and Sharing Services Global Corporation are expanding their collaboration in the robotics field. SHRG has joined the Association for Advancing Automation and will attend the A3 Business Forum in January 2025.

Portfolio Pulse from

December 20, 2024 | 2:15 pm

NBRI

North Bay Resources Inc. has delivered 42 tons of gold ore from its Fran Gold Project in British Columbia to its Bishop Gold Mill in California, increasing total stockpiles to 62 tons. The ore has a reported head grade of 0.91 ounces per ton gold, with more shipments expected.

Portfolio Pulse from

December 20, 2024 | 2:15 pm