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NTRA

Natera announced new data from the Trifecta-Heart and DTRT-2 studies, which show the Prospera Heart test's effectiveness in detecting heart transplant rejection in both adults and children. These prospective, multi-center studies validate the clinical use of the Prospera Heart dd-cfDNA test for heart transplant recipients.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 12:03 pm

BIOR

Biora Therapeutics, Inc. (NASDAQ:BIOR) announced the issuance of a new patent by the USPTO for its BioJet platform, which enables oral, systemic delivery of biotherapeutics through liquid jet delivery to the small intestine. The patent covers key parameters for this technology, which has shown promising preclinical results, including systemic bioavailability comparable to subcutaneous injections. Biora's BioJet platform could revolutionize the oral delivery of large molecule drugs, with the company holding a strong patent position in this area.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 12:02 pm

NXPI

RACE

Ferrari NV (NYSE:RACE) has launched E-Cells Lab, a research center focused on electrochemistry for battery technology, in collaboration with the University of Bologna. The lab aims to advance knowledge in lithium cell materials and their properties. Findings from the lab will be shared with NXP Semiconductors N.V. (NASDAQ:NXPI), a technology partner. The research will enhance the performance of batteries for Ferrari's Maranello plants. RACE shares rose 0.66% in premarket trading.

Portfolio Pulse from Shivani Kumaresan

April 08, 2024 | 11:58 am

AMD

BABA

INTC

JD

NVDA

ONLN

PGJ

Alibaba Group Holding Ltd (NYSE:BABA) announced significant price reductions for its cloud services, extending discounts internationally. This follows a price cut in China that sparked a pricing battle with JD.com Inc (NASDAQ:JD). The U.S. has further restricted China's access to advanced AI processors, impacting companies like Alibaba. Despite challenges, Alibaba seeks alternatives and plans to enhance its cloud business. Intel Corp (NASDAQ:INTC) supplied chips to Huawei, countering U.S. sanctions, while Advanced Micro Devices Inc (NASDAQ:AMD) and Nvidia Corp (NASDAQ:NVDA) are also mentioned in the context of U.S. export controls. Alibaba's stock is available through Invesco Golden Dragon China ETF (NASDAQ:PGJ) and ProShares Online Retail ETF (NYSE:ONLN).

Portfolio Pulse from Anusuya Lahiri

April 08, 2024 | 11:55 am

PLUR

Pluri shares surged following the announcement of a new patent grant for a system and methods aimed at expanding and activating immune cells on a large scale. This development could potentially enhance the company's offerings in the biotechnology sector, signaling a positive outlook for its future operations and market position.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 11:51 am

OCGN

Ocugen's stock price increased following the announcement of the U.S. FDA's clearance for an IND amendment, allowing the company to initiate a Phase 3 clinical trial of OCU400.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 11:47 am

BRTX

BioRestorative Therapies, Inc. (BRTX) has partnered with Galen Patient Recruitment to expedite patient enrollment in its Phase 2 trial of BRTX-100 for chronic lumbar disc disease. This collaboration, along with an increase in trial capacity, aims to accelerate the study's completion.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 11:46 am

UCAR

U Power shares surged following the announcement of a formal commercial rollout of its battery-swapping and sharing model for two-wheeled and light four-wheeled electric vehicles in Wuhu, Anhui Province, China.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 11:41 am

TSLA

Tesla Inc. (TSLA) shares are rebounding in premarket trading after a 6% drop last week due to rumors of a scrapped low-cost EV project. Despite CEO Elon Musk's denial, the stock fell 3.63% on Friday. The rebound, with shares up 1.86% to $167.96, is attributed to Musk's announcement of a robotaxi unveiling on Aug. 8, which has analysts optimistic about Tesla's full-self driving software. Gene Munster of Deepwater Asset Management supports Tesla's focus on robotaxis, predicting their deployment by 2027. Technical factors and the stock's bounce off a support level also contribute to the positive outlook, with investors eyeing the upcoming Q1 earnings report on April 23rd.

Portfolio Pulse from Shanthi Rexaline

April 08, 2024 | 11:32 am

EQNR

EuroGreen Maritime SAS has entered a seven-year charter agreement with Equinor ASA for four advanced hybrid battery/dual-fuel methanol tankers with wingsails, marking a significant step towards sustainable maritime solutions.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 11:32 am