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SNDX

Syndax Pharmaceuticals Inc (NASDAQ:SNDX) stock rose after positive trial results for revumenib in acute leukemias were presented at the ASH Annual Meeting. The AML trial showed a 100% response rate, with 67% achieving MRD negative status. Data from the BEAT AML and AUGMENT-102 trials also showed high rates of CR/CRh and MRD negative status, with several patients proceeding to transplant. SNDX shares increased by 8.9% to $18.14.

Portfolio Pulse from Vandana Singh

December 11, 2023 | 6:47 pm

NEM

Newmont (NYSE:NEM) has seen significant options activity indicating a bullish sentiment among investors, with 62% of trades being bullish and 37% bearish. The options trades suggest a target price range of $37.5 to $42.5 for Newmont over the last 3 months. Notable trades include both calls and puts with varying sentiments and expiration dates. Newmont, the world's largest gold miner, recently acquired Newcrest and is expected to produce 7.3 million ounces of gold in 2023. The stock price is currently down at $38.67 with potential overbought signals. An analyst from Macquarie has set a price target of $45 with an Outperform rating.

Portfolio Pulse from Benzinga Insights

December 11, 2023 | 6:46 pm

BLUE

KTTA

MARA

NIR

bluebird bio, Inc. (NASDAQ:BLUE) shares increased by 6.6% after presenting positive gene therapy data at the ASH Annual Meeting. Other stocks experienced significant movement in Monday's mid-day session, with notable gainers including Pasithea Therapeutics Corp. (NASDAQ:KTTA), NextPlay Technologies, Inc. (NASDAQ:NXTP), and MorphoSys AG (NASDAQ:MOR). The Cigna Group (NYSE:CI) shares rose after withdrawing from a merger with Humana Inc. (NYSE:HUM), and Macy's, Inc. (NYSE:M) increased on news of a buyout bid. Conversely, Near Intelligence, Inc. (NASDAQ:NIR) and Troika Media Group, Inc. (NASDAQ:TRKA) fell sharply due to bankruptcy filings, while Altamira Therapeutics Ltd. (NASDAQ:CYTO) dropped after announcing a reverse stock split. Cryptocurrency-related stocks like Marathon Digital Holdings, Inc. (NASDAQ:MARA) and Riot Platforms, Inc. (NASDAQ:RIOT) declined alongside a drop in Bitcoin's price.

Portfolio Pulse from Avi Kapoor

December 11, 2023 | 6:13 pm

BTCUSD

Maj. Jason Lowery, a U.S. Space Force engineer and MIT fellow, proposed to the Department of Defense an innovative cybersecurity strategy using a global, private Proof-of-Work (POW) network to make hacking too costly. This approach, inspired by Bitcoin's model, would leverage the global power grid to create a resource-intensive system that is expensive and difficult to exploit. Christopher Alexander, CMO of Pioneer Development Group, believes the concept is feasible and could deter security threats while providing infrastructure advantages. The idea has not been tested outside of Bitcoin, and the high energy demands of POW networks are a concern for U.S. politicians.

Portfolio Pulse from Justin Roberti

December 11, 2023 | 6:11 pm

AAPL

Apple has announced a new feature for the iPhone 15 Pro and iPhone 15 Pro Max, enabling users to record spatial videos with iOS 17.2. These videos can be relived on the upcoming Apple Vision Pro. The feature uses advanced camera systems and computational videography to capture videos in 3D, which can be viewed in 2D on other devices and in immersive 3D on Apple Vision Pro.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 6:07 pm

AMD

AMD shares are experiencing an uptick due to overall strength in the semiconductor sector. The positive momentum is likely a continuation from last week's announcement of the new MI300X chip.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 6:07 pm

RTX

Raytheon's Exoatmospheric Kill Vehicle (EKV), part of RTX business, successfully intercepted an Intermediate-Range Ballistic Missile in a test by the U.S. Missile Defense Agency and U.S. Northern Command. This marks the 13th intercept for the Ground-based Midcourse Defense System, demonstrating operational reliability and readiness. Raytheon, with over 30 years of experience, is a leading provider of missile defense capabilities and is developing next-generation interceptors and kill vehicles.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 5:56 pm

LULU

NKE

PTON

Lululemon Athletica Inc (NASDAQ:LULU) reported an 18.7% increase in Q3 revenue to $2.2 billion, with net income slightly down by 2.6% to $248.7 million. The company saw growth in North America and significant expansion internationally. Lululemon also announced a partnership with Peloton Interactive Inc (NASDAQ:PTON), ditching its Mirror home workout device. The company is expanding into men's footwear and raised its full-year profit and revenue guidance. Lululemon is challenging Nike (NYSE:NKE) in the athleisure market, particularly in menswear and footwear.

Portfolio Pulse from Upwallstreet

December 11, 2023 | 5:53 pm

SNDX

Syndax Pharmaceuticals' stock is up following the announcement of positive data from trials of Revumenib and the AGAVE-201 trial of axatilimab.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 5:48 pm

AAPL

CMCSA

DIS

GOOG

MAT

NFLX

WBD

Google, owned by Alphabet Inc, was the go-to search engine for 2023's top sports and entertainment queries. Damar Hamlin topped athlete searches due to his on-field cardiac arrest. Travis Kelce's popularity surged, partly due to his relationship with Taylor Swift. Soccer's global appeal was evident with Kylian Mbappe and Harry Kane being highly searched. Inter Miami CF, with Messi, was the most searched sports team, benefiting Apple Inc's media rights deal with MLS. Jeremy Renner led actor searches after his accident, with Disney's 'Hawkeye' role noted. Netflix's 'Wednesday' starring Jenna Ortega was a hit. 'Barbie' was the most searched movie, a joint venture by Mattel Inc and Warner Bros. Discovery, while 'Oppenheimer' by Comcast's Universal Pictures also saw high interest. 'The Last of Us' from Warner Bros. Discovery's HBO was the most searched TV show.

Portfolio Pulse from Chris Katje

December 11, 2023 | 5:45 pm