Streetbeat News

Products Services

NVS

SNY

Novartis released data showing its multiple sclerosis drug, Kesimpta, effectively reduces disability progression over six years compared to Sanofi's Aubagio. The FDA also approved Novartis' Kisqali for early breast cancer treatment. Despite positive news, Novartis' stock saw a slight decline.

Portfolio Pulse from Vandana Singh

September 18, 2024 | 4:03 pm

SPAI

Safe Pro Group Inc. (NASDAQ:SPAI) shares rose after receiving a Notice of Allowance from the USPTO for their SpotlightAI technology, which uses machine learning to detect explosives. The company is also seeking global patent protection.

Portfolio Pulse from Dylan Berman

September 18, 2024 | 3:59 pm

PYPL

Revolut, a London-based fintech company, is planning to launch its own stablecoin as part of its mission to enhance cryptocurrency offerings. The stablecoin market is currently dominated by Tether, with new entrants like PayPal and Ripple. Revolut aims to become a leading provider of crypto asset services.

Portfolio Pulse from Murtuza Merchant

September 18, 2024 | 3:35 pm

ERIC

NOK

TMUS

T-Mobile has partnered with NVIDIA, Ericsson, and Nokia to launch an AI-RAN Innovation Center. This initiative aims to combine 5G Advanced and AI technologies to revolutionize mobile networking and enhance customer experiences.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 3:35 pm

APLT

IGMS

IWM

LUNR

SLY

SPY

VB

The Russell 2000 Index has outperformed the S&P 500, driven by anticipation of a Federal Reserve interest rate cut. Small-cap stocks, particularly those in the Russell 2000, have surged, with notable gains in IGM Biosciences, Intuitive Machines, and Applied Therapeutics. ETFs like IWM and VB offer exposure to this trend. However, potential economic challenges could impact the rally's sustainability.

Portfolio Pulse from Surbhi Jain

September 18, 2024 | 3:22 pm

JNVR

Janover shares rise following the launch of Janover Engage, a platform connecting real estate syndicators with a large network of verified investors.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 3:20 pm

CMCSA

The prediction market Polymarket lists a 51% chance of Vice President Kamala Harris appearing on 'Saturday Night Live' before the 2024 election. This speculation is fueled by the show's history of featuring political figures. Maya Rudolph is set to return to portray Harris, while Steve Martin declined to play her running mate. SNL airs on NBC, owned by Comcast Corporation.

Portfolio Pulse from Chris Katje

September 18, 2024 | 3:17 pm

LODE

Comstock Fuels has signed an international license agreement with SACL to advance lignocellulosic biomass refining in Australia and New Zealand. This partnership aims to enhance the production of renewable fuels and chemicals in the region.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 3:12 pm

LMT

Lockheed Martin has been awarded a $297 million contract to develop GeoXO Lightning Mapper instruments for severe weather monitoring. This contract highlights Lockheed Martin's role in advancing weather monitoring technology.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 3:03 pm

TUP

Tupperware Brands Corporation has filed for Chapter 11 bankruptcy due to declining demand and a lack of e-commerce strategy. The company plans to maintain operations and transform into a digital-first organization.

Portfolio Pulse from Nabaparna Bhattacharya

September 18, 2024 | 3:03 pm