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Boeing is facing significant challenges in 2024, including union strikes, safety concerns, and competition from SpaceX. Over 30,000 Boeing employees are on strike, affecting operations and potentially benefiting SpaceX in future space contracts. Boeing's Starliner mission faced issues, leaving astronauts stranded, while SpaceX's Dragon capsule will bring them back. These setbacks may impact Boeing's ability to secure future contracts with NASA and other agencies.

Portfolio Pulse from Chris Katje

September 24, 2024 | 7:01 pm

EADSY

Hawaiian Airlines has announced the implementation of fast and free Starlink Wi-Fi across its entire Airbus fleet. This move is expected to enhance passenger experience by providing reliable internet connectivity during flights.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 7:01 pm

NNE

GAIN has announced the fourth round of FY 2024 nuclear energy voucher recipients, granting four companies access to DOE National Labs for advanced nuclear technology innovation. Nano Nuclear Energy is among the selected companies.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 6:51 pm

SRZN

Surrozen shares rise following a $10 million payment from Boehringer for the development of SZN-413, a treatment for retinal vascular diseases.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 6:46 pm

AMZN

CRM

GOOGL

MSFT

ORCL

Piper Sandler analyst Brent Bracelin upgraded Salesforce (CRM) to Overweight, raising the price target to $325, citing potential doubling of free cash flow by 2029 due to AI initiatives. Salesforce's valuation is favorable compared to peers, and new pricing strategies could boost growth. The company is accelerating product updates, particularly in AI, and leveraging strategic partnerships.

Portfolio Pulse from Anusuya Lahiri

September 24, 2024 | 6:40 pm

CYN

Cyngn shares rose following the successful completion of the first build of its next-generation 12,000 lb drivemod tugger at its OEM partner's facility.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 6:40 pm

NVAX

Health Canada has approved Novavax's Nuvaxovid and XBB.1.5 Omicron subvariant COVID-19 vaccines for both primary and booster doses. This approval could potentially impact Novavax's market position and stock performance.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 6:33 pm

INTC

SMCI

VOT

XLK

Super Micro Computer, Inc. (SMCI) has launched new high-performance servers powered by Intel's latest Xeon 6900 Series Processors. These additions to the X14 portfolio aim to support a wide range of workloads, including AI and cloud-native applications. Analyst Quinn Bolton sees Super Micro as a key player in AI infrastructure, predicting significant revenue growth. SMCI stock has risen 89% over the past year, and investors can gain exposure through ETFs like VOT and XLK.

Portfolio Pulse from Anusuya Lahiri

September 24, 2024 | 6:33 pm

AMZN

AVGO

QCOM

STLA

TSM

WMT

China's exports to the U.S. face potential disruptions due to anticipated U.S. port strikes, typhoons in China, and the Golden Week holiday. These events could impact various U.S. sectors, including retail, automotive, and semiconductors, as they rely heavily on Chinese imports.

Portfolio Pulse from Michael Juliano

September 24, 2024 | 6:28 pm

AMGN

REGN

VTRS

Regeneron Pharmaceuticals' stock is trading lower after a judge denied its request to block Amgen's Eylea biosimilar. Regeneron plans to appeal the decision, which could impact its business due to alleged patent infringements by Amgen.

Portfolio Pulse from Vandana Singh

September 24, 2024 | 6:21 pm