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NVDA

Nvidia's stock has surged 155% year-to-date despite facing ethical scrutiny for using YouTube video data without creators' consent. The stock saw an 86% rise over two months but has recently been trading sideways. Nvidia, along with Apple and Anthropic, is under scrutiny for AI training practices that may violate YouTube's terms of service.

Portfolio Pulse from Zaheer Anwari

July 17, 2024 | 2:53 pm

AZN

The UK's Medicines and Healthcare products Regulatory Agency (MHRA) has approved Capivasertib for the treatment of patients with advanced breast cancer.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 2:50 pm

LLY

NVO

PFE

RHHBY

Pfizer and Roche have announced advancements in their weight loss drug programs. Pfizer is moving forward with a once-daily version of its weight loss pill, danuglipron, after discontinuing a twice-daily version due to side effects. Roche also reported promising early-stage results for its oral weight-loss drug, CT-996. Both companies aim to compete with Eli Lilly and Novo Nordisk, who currently dominate the weight loss drug market.

Portfolio Pulse from Upwallstreet

July 17, 2024 | 2:48 pm

GPCR

LLY

NVO

VKTX

Stocks of Eli Lilly, Novo Nordisk, Viking Therapeutics, and Structure Therapeutics fell on Wednesday following Roche's announcement of promising Phase 1 trial results for its obesity drug CT-996, which showed superior weight loss results compared to existing treatments.

Portfolio Pulse from Vandana Singh

July 17, 2024 | 2:47 pm

BLNK

RIVN

Blink Charging Co. (NASDAQ:BLNK) shares are trading lower after its unit, Envoy Technologies Inc., announced a deal with Meristem Communities to deploy EV car-sharing services at Indigo, a new neighborhood in Texas. Residents will have access to Rivian Automotive (NASDAQ:RIVN) R1T vehicles. This marks Envoy's first expansion into Texas.

Portfolio Pulse from Nabaparna Bhattacharya

July 17, 2024 | 2:47 pm

BABA

FXI

Chinese government officials are testing AI companies' large language models. The Cyberspace Administration of China has mandated AI start-ups like ByteDance, Alibaba, Moonshot, and 01.AI to participate in a review of their AI models.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 2:44 pm

BTCUSD

MSTR

NVDA

Nvidia (NVDA) has seen significant stock performance over the last five years, but MicroStrategy (MSTR) has outperformed it since adopting a Bitcoin (BTC) standard in August 2020. Michael Saylor, founder of MicroStrategy, advocates for investing in Bitcoin for superior returns.

Portfolio Pulse from Chris Katje

July 17, 2024 | 2:43 pm

LEXX

Lexaria's interim results from a diabetes animal study show that its DehydraTech technology appears to work effectively with GLP-1 drugs Liraglutide and Semaglutide. DehydraTech-CBD is showing strong performance relative to GLP-1 drugs, both with and without SNAC technology.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 2:37 pm

Bloom Energy Corp (NYSE:BE) shares are trading higher after announcing a strategic partnership with CoreWeave to deploy fuel cells for a high-performance data center in Illinois. The partnership highlights Bloom Energy's capability to meet the energy demands of the AI sector.

Portfolio Pulse from Adam Eckert

July 17, 2024 | 2:35 pm

CSIQ

FSLR

JKS

LNVGY

JinkoSolar (NYSE:JKS) announced a $1 billion joint venture in Saudi Arabia to produce 10 GW of solar cells and modules annually. This move aims to bypass Western protectionism and aligns with Saudi Arabia's green energy goals. Despite a 7.3% stock rise, JinkoSolar faces bearish analyst ratings and financial challenges due to global price wars and overcapacity.

Portfolio Pulse from The Bamboo Works

July 17, 2024 | 2:25 pm