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VRAX

Virax Biolabs Group Limited (NASDAQ:VRAX) stock surged 30.3% after announcing a distribution agreement for RT-PCR Mpox detection kits in 13 European countries and the Gulf Cooperation Council. The kits have high sensitivity and specificity rates, providing results in under 70 minutes.

Portfolio Pulse from Dylan Berman

August 28, 2024 | 2:14 pm

META

Meta Platforms announced that parents who have approved access to a managed Meta account for their preteens will soon be able to approve access to specific experiences in Meta Horizon Worlds.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 2:08 pm

POSAF

POSaBIT Systems Corporation reported a 69% year-over-year revenue drop for Q2 2024, but improved its net loss by 71%. The company achieved adjusted EBITDA profitability and positive free cash flow, launched new products, and saw a 28.61% increase in share price.

Portfolio Pulse from Nina Zdinjak

August 28, 2024 | 2:06 pm

AAPL

AMZN

GOOGL

MAGS

META

MSFT

NVDA

SPY

TSLA

A Benzinga poll reveals that Nvidia is the top pick among the Magnificent 7 stocks for retirement investment, outperforming others like Apple and Microsoft. The Magnificent 7 have consistently outperformed the SPDR S&P 500 ETF over the past five and ten years.

Portfolio Pulse from Chris Katje

August 28, 2024 | 2:06 pm

BANL

CBL International Limited (NASDAQ:BANL) has expanded its global port coverage to over 60 ports across 14 countries and regions in four continents. This marks a 70% increase in port coverage since its Nasdaq listing in March 2023, enhancing its position in the marine fuel logistics industry.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 1:52 pm

FSTA

JD

WMT

XLP

Walmart Inc. (NYSE:WMT) is trading higher premarket after announcing new initiatives for the holiday season, including category expansion and multichannel fulfillment. The company also sold its stake in JD.com Inc. (NASDAQ:JD) and reported strong earnings. Investors can gain exposure through ETFs like SPDR Select Sector Fund – Consumer Staples (NYSE:XLP) and Fidelity MSCI Consumer Staples Index ETF (NYSE:FSTA).

Portfolio Pulse from Lekha Gupta

August 28, 2024 | 1:39 pm

NVS

Novartis AG's cholesterol-lowering drug, Leqvio, showed positive results in a Phase 3 study, meeting its primary endpoints. The study is part of a larger clinical trial program assessing Leqvio for cardiovascular disease prevention. Novartis also announced a strategic collaboration with Lindy Biosciences to transition select medicines to subcutaneous injections.

Portfolio Pulse from Vandana Singh

August 28, 2024 | 1:33 pm

IMMX

Immix Biopharma is expanding its U.S. clinical trial sites for NEXICART-2, a treatment for relapsed/refractory AL Amyloidosis. New sites include Cleveland Clinic, UC Davis, and Sutter Health, with MSKCC as the lead site. Ex-U.S. data shows a 92% response rate.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 1:33 pm

MARA

MSTR

NVDA

TSLA

The article covers a range of topics including a surge in Bitcoin millionaires, challenges faced by major crypto companies like Binance, and the impact of the crypto market downturn on companies like Tesla, MicroStrategy, and Marathon. It also discusses the flatlining of Nasdaq and S&P 500 futures ahead of Nvidia's earnings report, and the doubling of public EV chargers since Biden took office.

Portfolio Pulse from Akanksha Bakshi

August 28, 2024 | 1:29 pm

AMZN

SUMO

Sumo Logic has entered into a strategic collaboration agreement with Amazon Web Services (AWS) to enhance its AI-powered log analytics solutions for development, security, and operations teams.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 1:25 pm