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BIVI

BioVie Inc (NASDAQ:BIVI) shares surged after announcing two presentations at the International Conference on Alzheimer’s and Parkinson’s Diseases 2024. The company reported significant improvements in non-motor and motor symptoms for Parkinson’s Disease patients treated with NE3107, based on phase 2a study data. Additionally, phase 3 trial outcomes for NE3107 in Alzheimer’s disease showed promising directional data despite missing statistical significance due to protocol violations. BIVI shares are up 176.7% at $3.45 in premarket trading.

Portfolio Pulse from Vandana Singh

March 01, 2024 | 3:21 pm

ADIL

BIVI

DELL

FSR

GIA

NXU

SCLX

U.S. stocks traded mixed with the Dow Jones falling and NASDAQ rising. Dell Technologies reported better-than-expected Q4 results and increased its dividend by 20%. BioVie, Adial Pharmaceuticals, and Nxu saw significant stock price increases due to positive developments. Conversely, GigCapital5, Fisker, and Scilex Holding experienced substantial declines. Oil and gold prices rose, while European and Asian markets were mostly higher.

Portfolio Pulse from Avi Kapoor

March 01, 2024 | 2:47 pm

AMD

TSLA

The article covers a range of topics from cryptocurrency trends, with Dogecoin surging and Bitcoin and Ethereum cooling, to US politics, including Biden vs. Trump voter preferences. It also touches on US and world politics, the economy, tech developments, electric vehicles, consumer issues, communication, industrial contracts, healthcare, general news, space exploration, and energy sector updates. Notably, it mentions companies like AMD, Tesla, and Boeing, among others, in various contexts from stock performance to new contracts and product updates.

Portfolio Pulse from Akanksha Bakshi

March 01, 2024 | 2:46 pm

EQNR

Equinor ASA (NYSE:EQNR) is expanding its helicopter fleet for Norwegian continental shelf operations by procuring 15 new helicopters from Bell and Leonardo. This includes ten Bell 525 and five AW189 helicopters, supplementing the current Sikorsky S-92 models. The new helicopters, featuring technological improvements, aim to enhance flexibility, regularity, and safety for offshore personnel transport. The first deliveries are expected in the first quarter of 2025. This announcement follows the recent resumption of helicopter traffic in Norway after a crash. EQNR shares rose 2.03% to $25.12.

Portfolio Pulse from Shivani Kumaresan

March 01, 2024 | 2:37 pm

OAIB

China has approved the expansion of the Julong copper mine, making it the world's largest, as part of its strategy to secure more copper resources. Copper's importance is highlighted due to its use in electricity and battery technology, essential for the global energy transition. The US and China are competing globally, including in Zambia, to secure copper supplies. For investors, the article suggests ETFs as a way to invest in copper, highlighting the Teucrium AiLA Long-Short Base Metals Strategy ETF (OAIB) which invests in critical base metals and has shown a 12.65% annualized return from 2017-2023.

Portfolio Pulse from Johnny Rice

March 01, 2024 | 2:34 pm

AMKR

ARM

CMC

EQIX

INFY

SIG

Jim Cramer discussed various companies on CNBC's 'Mad Money Lightning Round,' praising Equinix, Signet Jewelers, Infosys, and Commercial Metals Company, while noting a lock-up expiration for Arm Holdings. Equinix reported strong Q4 sales and a dividend, Signet Jewelers appointed a new board member, Infosys launched its Responsible AI Suite, and Commercial Metals is expected to report earnings soon. Amkor received a neutral rating from Goldman Sachs.

Portfolio Pulse from Avi Kapoor

March 01, 2024 | 2:29 pm

AMC

BNGE

DIS

NFLX

WBD

Netflix Inc (NFLX) shares have surged 24% in 2024, outperforming rivals and traditional cinemas. Despite a price hike, it remains a cost-effective option for consumers. Competitors like Warner Bros Discovery Inc (WBD) and Walt Disney Company (DIS) have seen mixed results, with WBD's shares falling and DIS's rising due to Disney+ growth. The shift to streaming, exemplified by Amazon Prime and Apple TV+, has hurt cinema attendance, with AMC Entertainment Holdings Inc. (AMC) shares plummeting. The cinema industry struggles with recovering from the pandemic and a lack of blockbuster hits, despite some potential in upcoming releases like "Dune: Part Two."

Portfolio Pulse from Neil Dennis

March 01, 2024 | 2:23 pm

KVYO

Analyst ratings for Klaviyo (NYSE:KVYO) show a mix of bullish to indifferent sentiments, with an average 12-month price target of $37.89, reflecting a 1.04% increase from the previous target. Klaviyo's financial performance indicates positive revenue growth but challenges in profitability and efficiency. The company's SaaS platform focuses on marketing automation within eCommerce, generating revenue through subscription plans.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 2:00 pm

NXU

TSLA

Nxu shares experienced an increase following the announcement that the company successfully charged a Tesla Cybertruck on February 26.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 1:50 pm

CRDF

Cardiff Oncology's shares surged following the announcement of favorable Q4 financial outcomes, a positive update on the Phase 2 ONSEMBLE trial for RAS-mutated mCRC, and the initiation of dosing in a first-line RAS-mutated mCRC trial.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 1:49 pm