Streetbeat News

Products Services

QCOM

Qualcomm shares are trading higher after Dell unveiled PCs with Qualcomm Snapdragon chips.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 7:33 pm

MT

VFS

The U.S. International Trade Commission (ITC) has initiated a patent investigation requested by ArcelorMittal concerning certain aluminum automotive products. This probe could impact companies involved in the production and distribution of these products.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 7:28 pm

BTCUSD

ETHUSD

Bloomberg reporters Eric Balchunas and James Seyffart have increased their odds of a spot Ether ETF approval to 75% from 25%, based on recent chatter suggesting the SEC might reverse its stance on this issue.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 7:27 pm

MSFT

Microsoft shares are trading higher following the company's AI Day conference.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 7:12 pm

GTBP

GT Biopharma (NASDAQ:GTBP) shares surged on heavy trading volume despite no specific news. The stock is trending on Stocktwits, indicating retail trader interest. GT Biopharma recently reported better-than-expected Q1 losses and has sufficient funds to operate into 2025. The stock is up 147% today but has lost 17.55% year-to-date.

Portfolio Pulse from Erica Kollmann

May 20, 2024 | 7:00 pm

NBY

NovaBay Pharmaceuticals Inc (NASDAQ:NBY) shares surged by 50% to $0.18 despite no new company-specific news. The rise follows last week's launch of new Avenova product bundles for dry eye relief, aligning with the 2024 Eyes on Eyecare Dry Eye Report. CEO Justin Hall highlighted the growing prevalence of dry eye syndrome and the expected market growth from $3.02 billion in 2023 to $4.86 billion by 2030.

Portfolio Pulse from Henry Khederian

May 20, 2024 | 6:59 pm

AMGN

AZN

Amgen and AstraZeneca announced results from the Phase 2a COURSE trial of Tezspire for severe COPD, showing mixed efficacy results. The drug showed a 17% reduction in COPD exacerbations overall, but more significant reductions in specific patient subgroups. The safety profile was consistent with its approved severe asthma indication.

Portfolio Pulse from Vandana Singh

May 20, 2024 | 6:38 pm

KRRO

Korro presented additional preclinical data for KRRO-110 at the American Thoracic Society 2024 International Conference. KRRO-110 demonstrated sustained editing efficiency and significantly increased alpha-1 antitrypsin protein levels in a genetic AATD mouse model.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 6:33 pm

DELL

NOW

NVDA

Nvidia's Jensen Huang, ServiceNow's Bill McDermott, and Dell's Michael S. Dell discussed partnerships on Bloomberg TV. Dell's CEO described the current technological advancements as a 'tsunami of change.'

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 6:32 pm

AKTS

JAGX

MIRA

MMV

NKGN

SOHU

VIRI

U.S. stocks traded mixed with the Dow Jones falling over 150 points. Sohu.com reported a Q1 loss, missing analyst estimates. NKGen Biotech, MIRA Pharmaceuticals, and MultiMetaVerse Holdings saw significant stock price increases, while Virios Therapeutics, Akoustis Technologies, and Jaguar Health experienced sharp declines.

Portfolio Pulse from Avi Kapoor

May 20, 2024 | 6:31 pm