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NVO

Novo Nordisk's CEO announced that the company is conducting a large Phase 3 program to explore the benefits of using Semaglutide in treating Alzheimer's disease.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 2:17 pm

LLY

Lilly shares are trading higher after the company's tirzepatide was cleared for diabetes in China.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 2:16 pm

BA

Boeing has announced that it is in contact with Singapore Airlines regarding flight SQ321 and is prepared to offer support. This statement comes in response to an unspecified issue involving the flight.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 2:12 pm

SCCO

Southern Copper plans to start the $1.4B Tia Maria project in Peru by early 2025 and expects to increase copper production in Peru by 20% this year, compared to 2023's 374,149 tonnes.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 2:11 pm

GBTC

Grayscale Investments announced the departure of CEO Michael Sonnenshein, with Peter Mintzberg set to take over. The Grayscale Bitcoin Trust (GBTC) has shown strong performance, with significant YTD and one-year returns. The approval of GBTC's conversion to a spot bitcoin ETF has bolstered its popularity. Technical indicators suggest a bullish outlook for GBTC.

Portfolio Pulse from Surbhi Jain

May 21, 2024 | 2:08 pm

BLNK

BYDDY

Blink Charging Co (NASDAQ:BLNK) has been selected by Grupo Fame, an official dealership for Warren Buffett-backed BYD Co Ltd (OTC:BYDDY), to provide EV charging services at select locations in Mexico. Blink's Level 2 chargers are already installed in Querétaro, with more installations expected in Morelia and Hermosillo. Wall Street analysts generally view Blink as a Buy, despite some bearish outlooks.

Portfolio Pulse from Adam Eckert

May 21, 2024 | 2:06 pm

RIVN

Rivian Automotive, Inc. (NASDAQ:RIVN) has partnered with Geotab to provide an Integrated Data Solution for its commercial vehicles in North America. This collaboration aims to enhance fleet management by offering a unified dashboard for data insights, optimizing fleet performance, and reducing costs. The announcement was made at the Advanced Clean Transportation Expo. Despite this positive development, RIVN shares are trading lower by 1.46% to $10.13.

Portfolio Pulse from Nabaparna Bhattacharya

May 21, 2024 | 2:05 pm

INSG

Inseego Corp. (NASDAQ:INSG) has announced the release of the MiFi X PRO 5G mobile hotspot, the first in the industry to receive FIPS 140-2 certification. This certification ensures high security standards for government agencies and businesses. The product is now available through North American mobile network operators and resellers.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 2:02 pm

AMZN

NVDA

Nvidia shares are falling after a report that Amazon has halted orders for Nvidia's 'superchip' to wait for updated models. Amazon's cloud computing business has transitioned to Nvidia's latest Grace offering, causing concerns about a potential slowdown in demand for Nvidia's AI chips.

Portfolio Pulse from Adam Eckert

May 21, 2024 | 2:00 pm

MSFT

NSIT

QCOM

Insight Enterprises (NASDAQ:NSIT) will be among the first to adopt Windows-based AI PCs with dedicated neural processing units powered by Qualcomm Snapdragon X Elite processors. These devices will feature the new Windows 11 always-on AI experience with Copilot+.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 2:00 pm