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ATOS

Atossa Therapeutics shares are trading higher following a positive five-year update on a breast cancer patient treated with (Z)-endoxifen therapy.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 6:37 pm

COIN

Coinbase Global Inc has acknowledged that some users are experiencing issues with their cryptocurrency transactions appearing as 'pending'. The company is aware of the situation and is presumably working on a resolution.

Portfolio Pulse from Happy Mohamed

March 19, 2024 | 6:35 pm

COCH

Envoy Medical's stock price increased following the announcement that the company has been granted a European patent for its 'Implantable Modular Cochlear Implant System With Communication System And Network.'

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 6:24 pm

MSFT

Microsoft Corp. (NASDAQ:MSFT) has announced a diverse lineup of new games coming to Xbox Game Pass, including Diablo IV, Evil West, and more. The selection caters to various preferences, from farming simulations to horror experiences. The announcement also highlights games available today like Lightyear Frontier and MLB The Show 24, upcoming releases, and DLC/game updates. Additionally, several games will leave the Game Pass library by March 31.

Portfolio Pulse from Franca Quarneti

March 19, 2024 | 6:21 pm

AZN

NBIX

NVS

SGMO

VYGR

H.C. Wainwright initiated coverage on Voyager Therapeutics Inc (VYGR) with a Buy rating and a $30 price target, highlighting its potential in gene therapy for CNS disorders. The firm praised Voyager's TRACER capsid discovery platform and its partnerships with Novartis, Neurocrine Biosciences, Sangamo Therapeutics, and Alexion (AstraZeneca). Voyager's financial position is strong, with a cash runway into 2027, bolstered by a collaboration with Novartis on gene therapies for Huntington’s disease and spinal muscular atrophy.

Portfolio Pulse from Vandana Singh

March 19, 2024 | 6:16 pm

MOD

Modine Manufacturing Co (NYSE:MOD) has been initiated with an Outperform rating and a price target of $105 by Oppenheimer analyst Noah Kaye, citing the company's strong thermal management capabilities and growth in diverse end-markets such as EV thermal management systems, gensets, and data center cooling. Kaye highlights Modine's potential in data center cooling as a key supplier to the AI ecosystem, which could represent 25% of sales in the next four years. The company's strategic focus on high-growth markets and shift from component- to system-level solutions are seen as positive drivers for future growth. Following the announcement, MOD shares rose by 4.17% to $93.20.

Portfolio Pulse from Priya Nigam

March 19, 2024 | 6:15 pm

AMZN

GOOG

MSFT

NVDA

ORCL

QOWZ

TRFK

TSM

Nvidia's Blackwell GPUs, featuring advanced chip technology and system-level architecture innovations, have sparked analyst excitement, with Wedbush analyst Matt Bryson reiterating an Outperform rating and a $1,000 price target. The new lineup includes the B100, B200, GB200, and GB200 NVL72, promising significant performance gains in AI training and inference. Major cloud providers like Microsoft Azure, Amazon AWS, Alphabet's Google Cloud, and Oracle Cloud have committed to integrating the GB200 NVL72. The launch is seen as a major step in AI innovation, with Nvidia maintaining leadership in the AI accelerator market. Nvidia's stock has seen a significant increase, and exposure to Nvidia's growth in AI can also be gained through ETFs like Invesco Nasdaq Free Cash Flow Achievers ETF and Pacer Funds Pacer Data And Digital Revolution ETF.

Portfolio Pulse from Anusuya Lahiri

March 19, 2024 | 6:11 pm

TSLA

XPEV

XPeng Inc (XPEV) reported a reduced Q4 loss due to cost cuts, improving margins, and delivered 60,158 vehicles, marking a 170.9% YoY growth. Despite this, XPeng provided a cautious EV delivery guidance amid economic slowdown, similar to Tesla Inc (TSLA), which also expects lower vehicle volume growth. Both companies are launching affordable EVs, with XPeng's new model priced between $14,000 and $21,000, launching next month, and Tesla's at around $25,000, expected in mid-2025. The China Passenger Car Association noted a slowdown in China's EV sales, highlighting the competitive and challenging market environment.

Portfolio Pulse from Upwallstreet

March 19, 2024 | 5:52 pm

VERI

Veritone has partnered with WSI Technologies to automate public records requests for a primary state-wide law enforcement agency using its AI-powered redaction software. This collaboration aims to streamline processes and efficiently handle the growing number of FOIA requests.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 5:36 pm

AMC

AMC Entertainment Holdings Inc (NYSE:AMC) shares dropped 2.7% to $4.28 amid general market volatility and ahead of the Federal Reserve's FOMC meeting. The potential for rising interest rates poses a threat to AMC's borrowing costs, profitability, and growth initiatives. The entertainment industry's competitive landscape could also shift unfavorably for AMC due to these financial pressures. Additionally, the article touches on how to buy AMC stock and mentions its 52-week trading range.

Portfolio Pulse from Henry Khederian

March 19, 2024 | 5:32 pm