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ZEAL

Zealand Pharma (NASDAQ: ZEAL) has received a positive opinion from the European Medicines Agency's Committee for Medicinal Products for Human Use (CHMP) for its dasiglucagon solution for injection, intended for the treatment of severe hypoglycemia in diabetes patients. This recommendation is a significant step towards obtaining marketing authorization in Europe.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 2:11 pm

CRM

MSFT

Salesforce Inc (NYSE:CRM) reported its first quarterly revenue miss since 2006 and provided softer-than-expected guidance. Despite this, analysts remain optimistic about Salesforce's potential in the AI space. The company reported an 11% revenue growth to $9.13 billion, missing the consensus estimate of $9.17 billion. Net income grew significantly to $1.53 billion. Salesforce's second-quarter guidance fell short of expectations, but it raised its fiscal 2025 adjusted earnings guidance. Analysts believe Salesforce will benefit from generative AI, although competition from Microsoft and others remains a concern.

Portfolio Pulse from Upwallstreet

May 31, 2024 | 2:10 pm

WMT

Walmart is expanding its delivery services in Greater Philadelphia, Minnesota, Michigan, Massachusetts, and California, aiming to enhance customer convenience and market reach.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 2:09 pm

BTCUSD

DELL

ETHUSD

The article covers a range of topics including Ethereum facing major attacks and dominating May's cryptocurrency losses, Bitcoin spot ETFs seeing significant inflows, and various market and political updates. Key highlights include Ethereum's potential to hit $10K by year-end, Ripple CEO's predictions on crypto ETFs, and significant movements in tech stocks like Dell and Zscaler.

Portfolio Pulse from Akanksha Bakshi

May 31, 2024 | 2:07 pm

WDAY

Financial giants have shown a bullish interest in Workday (NASDAQ:WDAY) through unusual options trades. Analysis reveals 44% bullish and 33% bearish sentiment among traders. The stock price is currently up by 2.2% at $212.0, with analysts setting an average price target of $306.0.

Portfolio Pulse from Benzinga Insights

May 31, 2024 | 2:01 pm

TAK

Takeda has received a positive opinion from the European Medicines Agency's Committee for Medicinal Products for Human Use for its recombinant ADAMTS13 enzyme replacement therapy for congenital thrombotic thrombocytopenic purpura (cTTP). If approved, it will be the first and only enzyme replacement therapy for cTTP in the European Union.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 1:59 pm

CSCO

WIT

Wipro has expanded its retail media offering through a collaboration with Cisco and AT&T. The new solution, Wipro VisonEdge+, aims to enhance customer experience and drive incremental ad revenue within physical stores.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 1:36 pm

AMZN

The US National Highway Traffic Safety Administration (NHTSA) is seeking more details on crashes involving Zoox, a self-driving vehicle company owned by Amazon (AMZN). The agency is investigating the safety and performance of Zoox's autonomous vehicles.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 1:33 pm

AEO

ANF

LEVI

SHOO

WINA

The resurgence of '90s fashion is benefiting several US-listed companies. Abercrombie & Fitch (ANF) and American Eagle Outfitters (AEO) have reported strong earnings, with ANF hitting an all-time high. Levi Strauss (LEVI) and Steve Madden (SHOO) have also seen significant stock gains. Winmark Corp (WINA) is expected to benefit from increased thrift shopping.

Portfolio Pulse from Aaron Bry

May 31, 2024 | 1:33 pm

COIN

The cryptocurrency market's maturity, marked by reduced volatility, is expected to impact Coinbase's trading revenue. Despite exceeding Q1 projections, Coinbase's trading volume has significantly dropped from its 2021 peak. The company's future remains promising with diversified revenue sources and potential growth if the bull market continues.

Portfolio Pulse from Benzinga Neuro

May 31, 2024 | 1:30 pm