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APLT

Applied Therapeutics, Inc. (NASDAQ:APLT) saw its stock soar after the FDA decided not to hold an Advisory Committee meeting for its drug govorestat, which is under Priority Review for treating Classic Galactosemia. The PDUFA target action date is set for November 28, and the company is expected to launch the drug in 2025, with projected sales exceeding $1 billion by 2030.

Portfolio Pulse from Vandana Singh

September 18, 2024 | 2:52 pm

AMZN

PYPL

Amazon has announced the integration of PayPal as a payment option on 'participating merchants' websites through its 'Buy with Prime' and 'Amazon Multi-Channel Fulfillment' services. This move is expected to enhance the payment flexibility for customers and potentially increase the adoption of Amazon's services by merchants.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 2:51 pm

TGTX

TG Therapeutics, Inc. (NASDAQ:TGTX) stock is trading higher after the company updated its data presentations from the ULTIMATE I & II Phase 3 trials of BRIUMVI for multiple sclerosis. The data showed reduced relapse rates and stable safety over five years.

Portfolio Pulse from Dylan Berman

September 18, 2024 | 2:40 pm

SPAI

Safe Pro Group's shares are rising following the announcement of a Notice of Allowance from the USPTO for its AI-powered SpotlightAI technology, which detects and maps explosives.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 2:39 pm

AMD

The options market shows a bearish sentiment towards Advanced Micro Devices (AMD), with 62% of trades being bearish. The price target for AMD is between $120 and $380. Currently, AMD's stock is trading at $149.65, down by 0.78%.

Portfolio Pulse from Benzinga Insights

September 18, 2024 | 2:31 pm

MULN

Mullen Automotive (NASDAQ:MULN) shares have dropped nearly 50% in the past five days following a 1-for-100 reverse stock split to meet Nasdaq's minimum bid requirements. The stock has lost 99.83% year to date, with an RSI of 19.21 indicating oversold conditions. Bollinger Motors, a Mullen subsidiary, announced the 2025 Bollinger B4 Chassis Cab electric truck with a MSRP of $158,758, eligible for significant incentives.

Portfolio Pulse from Erica Kollmann

September 18, 2024 | 2:28 pm

VEEA

Veea's stock is rising following the announcement of a strategic partnership with Crowdkeep. The collaboration aims to integrate their technologies to offer a comprehensive solution for tracking assets, people, and conditions.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 2:28 pm

VEEA

Veea Inc. (NASDAQ:VEEA) shares surged after announcing a partnership with Crowdkeep to integrate AI-enabled solutions for asset and personnel tracking. The stock is trading above its 50-day moving average and nearing its 52-week high.

Portfolio Pulse from Erica Kollmann

September 18, 2024 | 2:22 pm

DELL

LNVGY

SMCI

Lenovo is expanding its AI server production in India, aiming to export a significant portion to the Asia-Pacific region. The AI server market is growing rapidly, but Super Micro Computer faces scrutiny over accounting issues, impacting its stock. Analysts see potential in Dell's AI server margins.

Portfolio Pulse from Anusuya Lahiri

September 18, 2024 | 2:20 pm

AAPL

GOOGL

NVDA

TSM

Taiwan Semiconductor Manufacturing Co (TSMC) has started producing Apple A16 chips at its Arizona facility, with plans to increase production. This comes as Apple faces market share challenges in China. TSMC is also benefiting from strong demand for Nvidia AI chips and may secure a deal with Google for Pixel chips.

Portfolio Pulse from Anusuya Lahiri

September 18, 2024 | 2:19 pm