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NSPR

InspireMD, Inc. (NASDAQ:NSPR) presented 30-day results from the C-GUARDIANS U.S. Investigational Device Exemption (IDE) clinical trial at the Vascular InterVentional Advances (VIVA) meeting. The trial evaluated the safety and efficacy of the CGuard™ Carotid Stent System. The follow-up data supports the safety of the C-Guard EPS stent, with a low rate of major adverse events observed through 30 days. InspireMD anticipates reporting primary endpoint results from C-GUARDIANS in the second half of 2024 that may support a Premarket Approval (PMA) application.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 6:26 pm

TGTX

TG Therapeutics reported Q3 FY23 Briumvi sales of $25.1 million, up from $16 million in Q2 FY23. Total net product revenue since launch is approximately $48.9 million. Overall revenues reached $165.8 million, including a license revenue of $140 million from Neuraxpharm. The company reported a Q3 EPS of 73 cents compared to a loss of 26 cents a year ago. The FDA approved Briumvi in January 2023 for relapsing forms of multiple sclerosis. The company's cash position stood at $229.2 million. TGTX shares were up 31.5% at $10.16.

Portfolio Pulse from Vandana Singh

November 01, 2023 | 6:11 pm

MRK

The FDA has approved Merck & Co Inc's cancer drug, Keytruda, for use in treating locally advanced unresectable or metastatic biliary tract cancer (BTC). The approval was based on results from the Phase 3 KEYNOTE-966 trial, which showed a significant improvement in overall survival rates. This marks the sixth indication for Keytruda in gastrointestinal cancers. Merck also released data from the Phase 3 KEYNOTE-564 trial evaluating Keytruda for certain patients with renal cell carcinoma.

Portfolio Pulse from Vandana Singh

November 01, 2023 | 5:51 pm

AMD

INTC

QCOM

Advanced Micro Devices (AMD), Intel Corporation (INTC), and Qualcomm Incorporated (QCOM) have all reported positive developments, suggesting a recovery in the chip industry. AMD's Q3 results exceeded expectations, but a weaker-than-expected outlook led to a 2% drop in pre-market trading. Intel's Q3 report topped profit and revenue estimates, showing the PC market is rebounding. Qualcomm unveiled new PC laptop chips with AI features for 2024, aiming to challenge Apple Inc (AAPL) and boost Microsoft Corporation's (MSFT) AI rise.

Portfolio Pulse from Upwallstreet

November 01, 2023 | 5:49 pm

MNPR

Monopar Therapeutics Inc (NASDAQ:MNPR) is presenting data from its ongoing Phase 1b trial of camsirubicin in patients with advanced soft tissue sarcoma at the CTOS Annual Meeting. The trial has enrolled 14 patients, with 9 showing stable disease after treatment. All patients in the fourth and fifth cohorts achieved stable disease, with some experiencing a ~20% tumor size reduction. No dose-limiting toxicity has been observed. The company's shares are up 50.90% at $0.65.

Portfolio Pulse from Vandana Singh

November 01, 2023 | 5:22 pm

CLGN

CollPlant Biotechnologies has been granted a patent by the U.S. Patent and Trademark Office for its photocurable dermal filler product candidate, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 5:03 pm

BR

Aviad Stein, global head of innovation at Broadridge Financial Solutions (NYSE:BR), will be a panelist at Benzinga's Future of Digital Assets conference. Stein aims to leverage emerging technologies like Web3, AI, and digital assets to foster innovation within Broadridge. He has launched and scaled new products and services like the Broadridge Data Insights Platform, the Broadridge Blockchain Center of Excellence, and the Broadridge Digital Assets Network. Stein emphasizes the importance of executive-level acknowledgment for driving change and transformation.

Portfolio Pulse from Stjepan Kalinic

November 01, 2023 | 5:02 pm

COIN

DAIUSD

MakerDAO has transferred $250 million from its Coinbase custody account to DAI’s peg stability module (PSM) to protect the peg for its DAI stablecoin. The reserves had dropped below $60 million, and the transfer was necessary to keep the DAI price stable. MakerDAO runs on Ethereum with DAI as a stablecoin, maintaining its value close to USD through a system of decentralized participants incentivized by smart contracts.

Portfolio Pulse from Khyathi Dalal

November 01, 2023 | 4:38 pm

ADP

AMD

MSFT

SPY

WE

The stock market has just finished a three consecutive month losing streak, the longest since the pandemic. However, historical data shows that the stock market usually goes up in November after a three-month losing streak. The U.S. Department of the Treasury is offering $112 billion of Treasury securities, which is better than expectations and is bringing in buyers in the stock market. Employment Change data from Automatic Data Processing Inc indicates a strong jobs picture. WeWork Inc is filing for bankruptcy. Advanced Micro Devices, Inc. reported worse than expected earnings, but investors are buying the stock due to excitement about its AI chip. Microsoft Corp is selling its AI Copilot to enterprises, which is exciting investors. Money flows are positive in Apple Inc, Amazon.com, Inc., Alphabet Inc Class C, Meta Platforms Inc, Microsoft Corp, and Tesla Inc, but negative in NVIDIA Corp. Money flows are mixed in SPDR S&P 500 ETF Trust and Invesco QQQ Trust Series 1.

Portfolio Pulse from The Arora Report

November 01, 2023 | 4:13 pm