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ITRI

Itron has launched a Low Voltage Distributed Energy Resource Management System specifically for the Australian market, announced at Energy Networks 2024.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 10:09 pm

NGM

NGM Bio announced it will present two posters featuring clinical data from the ongoing Phase 1/2 trial of NGM707, a dual ILT2/ILT4 antagonist antibody product candidate, at the AACR 2024 Annual Meeting.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 9:32 pm

AMSYF

AUMN

MTAL

NEXA

VALE

Nexa Resources suspends operations at Morro Agudo, impacting zinc and lead production. Metals Acquisition reports high copper grades at CSA Copper Mine, aiming for resource expansion. Golden Minerals announces 2023 financial results, with decreased revenue and a net loss, alongside mining operation updates. ArcelorMittal appoints Kleber Silva as EVP and CEO of its mining division, leveraging his extensive industry experience.

Portfolio Pulse from Austin DeNoce

March 19, 2024 | 9:08 pm

TSHA

Taysha Gene Therapies, Inc. (NASDAQ:TSHA) reported its FY23 results, showing a significant reduction in losses per share from $3.78 to 96 cents and an increase in cash reserves to $143.9 million. The company highlighted progress in its REVEAL Phase 1/2 trial, including expansion into the U.S. and promising safety and efficacy data. Shares surged 31.11% after-hours to $2.95.

Portfolio Pulse from Erica Kollmann

March 19, 2024 | 9:07 pm

FLOKIUSD

Floki (CRYPTO: FLOKI), a Dogecoin rival, has gained 2% ahead of its marketing announcement and roadmap reveal. The token's community has scheduled events for these announcements, and Floki has also burned 3.7 billion tokens, making it deflationary. This, along with a 20% increase in trading volumes and positive analyst sentiment, positions Floki for potential growth.

Portfolio Pulse from Khyathi Dalal

March 19, 2024 | 9:02 pm

GTLB

GitLab Inc (NASDAQ:GTLB) reported upbeat Q4 results but faced mixed 2025 outlook pressures. KeyBanc Capital Markets views GitLab as a key beneficiary of the DevSecOps platform expansion, with a total addressable market over $120 billion. Analyst Jason Celino maintains an Overweight rating with a $70 price target, citing potential for growth acceleration driven by gen AI and GitLab Duo. GitLab's shares slightly rose to $55.29.

Portfolio Pulse from Priya Nigam

March 19, 2024 | 8:14 pm

PGEN

Precigen announced significant progress in the development of PRGN-2012 AdenoVerse immunotherapy for RRP treatment, planning a BLA submission for accelerated approval in 2H 2024. The company received FDA's Breakthrough Therapy Designation for PRGN-2012 and is advancing other studies, including PRGN-2009 in combination with pembrolizumab for cervical cancer, and PRGN-3006 and PRGN-3007 UltraCAR-T therapies. Financially, Precigen reported $62.9 million in cash and investments as of December 31, 2023, and a 16% reduction in SG&A costs year-over-year.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 8:11 pm

AAPL

GOOGL

LMT

MSFT

Redditors on the r/investing subreddit have identified Microsoft Corp (NASDAQ:MSFT) as the top stock to hold for the next 30 years, citing its industry dominance, innovation, adaptability, and financial stability. Other stocks mentioned for long-term investment include Lockheed Martin Corp (NYSE:LMT), Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG), and Apple Inc (NASDAQ:AAPL), each recognized for their respective strengths in defense technology, information retrieval services, and innovative consumer products.

Portfolio Pulse from Surbhi Jain

March 19, 2024 | 8:07 pm

BTCUSD

Arthur Hayes, co-founder of BitMEX and CIO at Maelstrom Fund, predicts Bitcoin (BTC) could reach a $1 million valuation due to the current macroeconomic environment. He cites negative real yields and the introduction of Bitcoin ETFs as key drivers for Bitcoin's integration into the traditional financial system and its appeal to investors seeking alternatives to government bonds. Hayes emphasizes the role of macroeconomic trends, including government spending and inflation concerns, in supporting Bitcoin's potential growth.

Portfolio Pulse from Murtuza Merchant

March 19, 2024 | 8:06 pm

NYXH

Nyxoah announced that its DREAM US pivotal study met its primary endpoints. CEO Olivier Taelman stated they are finalizing the PMA application's fourth module and anticipate launching Genio in the U.S, pending FDA approval.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 8:06 pm