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AUNA

Auna S.A. (NYSE:AUNA) is set to IPO on March 22, offering shares between $13.00 and $15.00 with a 180-day insider lock-up period. The company operates hospitals and clinics in Mexico, Peru, and Colombia, and offers prepaid healthcare plans in Peru and dental and vision plans in Mexico.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 3:00 pm

AMZN

Travis Kelce, Kansas City Chiefs tight end and Super Bowl winner, is reportedly in talks to host a reboot of 'Are You Smarter Than a Fifth Grader?' on Amazon Prime Video. This move comes as Kelce's popularity has surged due to his NFL achievements, a high-profile relationship with Taylor Swift, and previous ventures into entertainment. Amazon.com Inc (NASDAQ:AMZN), which owns Amazon Prime Video, could see this as an opportunity to expand its reality and gaming content, leveraging Kelce's growing brand.

Portfolio Pulse from Chris Katje

March 21, 2024 | 2:47 pm

LLY

NVO

The Medicare agency has announced that obesity drugs can be covered for reducing heart risk, allowing drug plans to cover these medications for additional uses. This decision could potentially increase the usage and insurance coverage of obesity drugs, impacting companies involved in their production.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 2:43 pm

KMTUY

LASE

Laser Photonics Corporation (NASDAQ:LASE) shares surged after announcing a distribution agreement with Incredible Supply & Logistics for its military and industrial laser solutions. The partnership is expected to expand Laser Photonics' customer base and distributor network, leveraging ISL's strong connections with U.S. defense agencies and its national distribution network. Additionally, Laser Photonics recently received an order for its CleanTech LPC-500-CTHD laser cleaning system from Komatsu (OTC:KMTUY) through its Japanese distributor.

Portfolio Pulse from Lekha Gupta

March 21, 2024 | 2:30 pm

CBL

CBL Properties (NYSE:CBL) has announced partnerships with MINISO and other brands like Five Below, Aerie, and Garage to expand their U.S. presence in 13 CBL malls. The expansion includes new MINISO store openings across various states starting from November 2023, aiming to cater to a generation preferring mall shopping. This move is part of CBL's strategy to enhance its mall properties by adding a mix of retailers, restaurants, and entertainment options.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 2:17 pm

RTX

Raytheon, a business unit of RTX (NYSE:RTX), has been awarded a $1.2 billion contract to supply Germany with additional Patriot air and missile defense systems. This contract includes the latest Patriot Configuration 3+ radars, launchers, command and control stations, and associated support, enhancing Germany's air defense capabilities and interoperability with allies.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 2:13 pm

BABA

Alibaba.com announced a 14% increase in active U.S. B2B buyers and a 10% growth in average daily transaction volume for the U.S. market during its March Expo from March 1-18, 2024. The platform introduced new guaranteed services for SMEs, reflecting a shift towards online sourcing amid macroeconomic uncertainty and supply chain pressures. A survey revealed 66% of U.S. businesses plan to increase online cross-border purchasing, with competitive pricing and product selection as key motivators.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 2:10 pm

AAPL

GOOGL

MSFT

Apple Inc. is in discussions with both Alphabet Inc.'s Google and Microsoft Corp.-backed OpenAI to potentially integrate their large-language AI models into the iPhone's AI features, aiming to enhance Siri and other on-device capabilities. No decision has been made yet, and any formal announcement is not expected until the summer. The talks are part of Apple's broader strategy to advance its AI capabilities, with iOS 18 playing a significant role. Analysts see a potential partnership, especially with Google, as a win-win, potentially benefiting Google through substantial annual payments and distribution across Apple's vast device ecosystem.

Portfolio Pulse from Rounak Jain

March 21, 2024 | 1:56 pm

ASST

INTJ

KAVL

MVLA

TRML

YTEN

U.S. stocks traded higher with the Dow Jones gaining around 200 points. Information technology shares rose by 0.9%, while consumer staples fell by 0.1%. U.S. initial jobless claims declined to 210,000. Yield10 Bioscience, Kaival Brands Innovations Group, and Asset Entities saw significant stock movements after specific company announcements. Movella Holdings, Tourmaline Bio, and Intelligent Group Limited experienced notable declines.

Portfolio Pulse from Avi Kapoor

March 21, 2024 | 1:47 pm

BNOX

Bionomics Limited (NASDAQ:BNOX) released detailed data from its Phase 2b ATTUNE trial of BNC210 for PTSD, showing significant improvements in primary and several secondary endpoints. The trial demonstrated BNC210's efficacy in reducing PTSD symptoms, depressive symptoms, and improving sleep, with a favorable safety profile. Bionomics plans to discuss these results with the FDA in Q2 2024 and proceed to a late-stage trial in Q4 2024. Following the news, BNOX shares experienced volatility, dropping 1.09% to $1.03 after initially spiking to $1.30 in premarket trading.

Portfolio Pulse from Vandana Singh

March 21, 2024 | 1:36 pm