Streetbeat News

Products Services

POAI

Predictive Oncology shares are trading higher after the company announced its entry into the biomarker discovery market.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 5:17 pm

LUV

Shares of Southwest Airlines are trading higher after the company announced it would begin offering assigned seats and premium seating options. The company also announced Q2 earnings.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 5:13 pm

POAI

Predictive Oncology Inc. (NASDAQ: POAI) has announced its entry into the biomarker discovery market following a successful ovarian cancer study. The company is expanding its AI/ML-driven platform to include novel oncology biomarker discovery, aiming to predict patient outcomes and drug responses. The biomarker discovery market is estimated to reach $51.5 billion by 2024.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 5:00 pm

PFE

Pfizer shares are slightly higher after the European Commission approved Pfizer’s DURVEQTIX, a gene therapy for hemophilia B. This approval could be transformative for hemophilia B care in the EU. DURVEQTIX is already approved in the US and Canada. Analysts estimate an EPS of 46 cents and revenue of $13.02 billion for Pfizer's 2024 fiscal year second quarter.

Portfolio Pulse from Dylan Berman

July 25, 2024 | 5:00 pm

NFLX

Colin Kaepernick has launched Lumi Story AI, an AI startup aimed at helping creators with storytelling, backed by a $4M seed funding round led by Seven Seven Six, the venture capital firm co-founded by Reddit co-founder Alexis Ohanian. Lumi Story AI aims to democratize storytelling by assisting creators with illustrations, graphics, and character creation. A beta version targeting the comic book sector has been launched, with plans to expand further.

Portfolio Pulse from Chris Katje

July 25, 2024 | 4:57 pm

LLY

VKTX

Eli Lilly and Company (NYSE:LLY) shares are trading lower on Thursday after Viking Therapeutics, Inc. (NASDAQ:VKTX) announced the advancement of its obesity treatment, VK2735, to Phase 3 trials. VK2735 showed promising results in reducing body weight and demonstrated safety and tolerability in both injectable and oral forms.

Portfolio Pulse from Dylan Berman

July 25, 2024 | 4:49 pm

BTCUSD

VanEck's new report forecasts Bitcoin (BTC) could reach $2.9 million by 2050, with scenarios ranging from $130,000 to $52 million. The projection is based on Bitcoin becoming a key player in the global financial system, settling 10% of international trade and 5% of domestic trade. Key risks include Bitcoin mining sustainability, community schisms, government regulation, and competition from other cryptocurrencies.

Portfolio Pulse from Murtuza Merchant

July 25, 2024 | 4:49 pm

TCNNF

Florida Governor Ron DeSantis criticized the state's cannabis legalization initiative, Amendment 3, stating it should not have been allowed on the ballot due to misleading summaries. Despite his opposition, recent polls show strong support for the initiative. Trulieve Cannabis Corp has invested heavily in promoting the measure.

Portfolio Pulse from Maureen Meehan

July 25, 2024 | 4:42 pm

KDP

Keurig Dr Pepper Inc. (NASDAQ:KDP) reported better-than-expected Q2 revenue with a 3.5% growth, driven by a consumer-centric innovation model. Adjusted EPS aligned with expectations, and the company reaffirmed its fiscal 2024 guidance.

Portfolio Pulse from Nabaparna Bhattacharya

July 25, 2024 | 4:39 pm

GM

LEA

Lear Corporation (NYSE:LEA) reported strong Q2 earnings, beating EPS estimates but missing revenue expectations. The company introduced new products under its thermal comfort strategy and reached a tentative agreement with a union, allowing General Motors (NYSE:GM) to resume production. Despite reducing its FY24 net sales forecast, LEA shares are trading higher.

Portfolio Pulse from Nabaparna Bhattacharya

July 25, 2024 | 4:31 pm