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ARGX

Argenx shares are trading higher due to disappointing myasthenia gravis data from competitors Chugai and Roche, indicating a competitive advantage for Argenx.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 1:12 pm

BMY

The European Commission approved Bristol Myers Squibb's Abecma for early treatment of relapsed and refractory multiple myeloma, marking it as the first CAR-T therapy for this condition in the EU. Additionally, the company announced positive results from a trial of Opdivo plus Yervoy for advanced hepatocellular carcinoma, showing significant improvement in overall survival. BMY shares rose 0.29% in premarket trading.

Portfolio Pulse from Vandana Singh

March 21, 2024 | 1:10 pm

WILC

G. Willi-Food International Ltd. (NASDAQ:WILC) reported a 9% increase in sales for fiscal year 2023, reaching a record high despite a decrease in gross and operating profit. The company faced challenges such as the appreciation of the Israeli shekel, worldwide increase in goods prices, and increased transport costs due to military conflicts. Despite these, Willi-Food expanded its product range and improved product visibility, and is working on improving commercial terms and constructing a new logistics center to support growth.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 1:08 pm

CHH

Choice Privileges has introduced a new auction tool, expanding its offerings with new experiences in sports and music through partnerships with Learfield and Monumental Sports & Entertainment. Members can now bid on these experiences.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 1:07 pm

PLTR

Palantir Technologies Inc (NYSE:PLTR) shares are trending due to overall market strength after the Federal Reserve's decision to leave rates unchanged with a potential future cut. This, along with strong earnings from Micron, which highlighted the demand for AI servers, is boosting Palantir's stock. Palantir, a leader in the AI space, has seen its stock rise nearly 200% over a year. The company's stock is currently trading above its 200-day moving average, indicating a bullish signal for investors.

Portfolio Pulse from Adam Eckert

March 21, 2024 | 1:02 pm

MU

Micron Technology Inc (NASDAQ:MU) shares surged after reporting Q1 revenue of $5.82 billion, surpassing estimates of $5.342 billion, and a surprise profit of 42 cents per share against expected losses. The company's positive outlook includes Q3 revenue expectations of $6.6 billion and adjusted earnings of 38 to 52 cents per share, driven by strong demand for AI servers and anticipated price hikes for DRAM and NAND products. Analysts have raised price targets, reflecting optimism in Micron's performance and market position.

Portfolio Pulse from Adam Eckert

March 21, 2024 | 1:02 pm

DASH

DoorDash (NASDAQ:DASH) and Wing have launched a drone delivery partnership in Christiansburg, VA, starting with Wendy's as the first restaurant partner. This U.S. pilot follows a successful drone delivery program in Australia. The service aims to offer efficient, sustainable, and convenient delivery options, with plans to expand to other U.S. cities. The partnership emerged from DoorDash Labs, focusing on automation to enhance platform efficiency and consumer satisfaction.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 1:00 pm

SPRC

SciSparc's shares surged following an announcement from its MitoCareX joint venture, which reported the identification of molecules with potential for anti-cancer treatments.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 1:00 pm

KZIA

Kazia Therapeutics has entered into a licensing agreement with Sovargen for the use of Paxalisib in treating intractable seizures in rare central nervous system diseases. This partnership aims to expand the application of Paxalisib beyond its current uses.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 12:54 pm

SVRE

SaverOne 2014 Ltd. (NASDAQ:SVRE) has partnered with a global consultancy firm to develop a strategic plan for its Vulnerable Road User (VRU) solution, which enhances Advanced Driver Assistance System sensors. The plan may include a spin-off of the VRU business. The technology aims to improve road safety by detecting pedestrians and cyclists through their cellphone signals, even in challenging conditions.

Portfolio Pulse from Happy Mohamed

March 21, 2024 | 12:54 pm