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ARDX

Ardelyx, Inc. (NASDAQ:ARDX) presented new data on XPHOZAH® (tenapanor) at the NKF 2024 Spring Clinical Meetings, highlighting additional positive clinical observations. The company is also hosting an Exhibitor Showcase on hyperphosphatemia management.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 12:30 pm

MSFT

Microsoft announced a €4 billion investment to enhance its Cloud and AI infrastructure in France, aligning with the French government's 'Choose France' initiative. The stock has shown a 9% recovery after a near 10% decline, with potential to reach $500.

Portfolio Pulse from Zaheer Anwari

May 16, 2024 | 12:27 pm

VEON

VEON Ltd (NASDAQ:VEON) reported a 6.6% year-on-year revenue growth in Q1 FY24, driven by its Digital Operator strategy. The company saw significant increases in digital service users and 4G subscribers. EBITDA grew slightly, but the margin decreased. VEON maintained its full-year guidance for revenue and EBITDA growth.

Portfolio Pulse from Shivani Kumaresan

May 16, 2024 | 12:26 pm

WMT

Walmart's CFO reports significant Q1 share gains in fashion, home, appliances, and electronics. Additionally, marketplace sales in furniture, sporting goods, kids apparel, and home grew over 20%.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 12:26 pm

GAME

GameSquare Holdings, Inc. (NASDAQ:GAME) has announced the formation of FaZe Media, a creator-led IP and media company, following its acquisition of FaZe Clan. FaZe Media will be led by CEO FaZe Banks and has secured an $11 million investment from Matt Kalish, who will also join the board.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 12:25 pm

SHIBUSD

Shiba Inu (SHIB) has seen a 6.7% increase in the past 24 hours, driven by bullish sentiment from traders and the launch of ShibaSwap on Shibarium. Analysts predict further short-term upside due to technical patterns and increased SHIB burns.

Portfolio Pulse from Khyathi Dalal

May 16, 2024 | 12:22 pm

BFRG

BullFrog AI Holdings, Inc. (NASDAQ:BFRG) has announced significant advancements in its collaboration with the Lieber Institute for Brain Development, identifying potential drug targets for neuropsychiatric disorders using AI and machine learning. This collaboration has led to the identification of novel subgroups within disorders like major depression, schizophrenia, and bipolar disorder, potentially paving the way for more precise treatments.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 12:18 pm

DELL

EQIX

Equinix has launched a new enterprise-grade Storage as a Service (STaaS) solution called Dell PowerStore on Equinix Metal. This service allows enterprises to manage and deploy storage, compute, and networking globally, simplifying infrastructure management and reducing operational overhead. The solution is designed for cloud-adjacent environments, providing fast, secure, and scalable access to public cloud providers.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 12:17 pm

PLSE

Pulse Biosciences' CellFX Nanosecond Pulsed Field Ablation Technology will be featured in several presentations at the HRS 2024 Annual Meeting, highlighting its potential in treating atrial fibrillation.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 12:16 pm

VTYX

Ventyx Biosciences, Inc. (NASDAQ:VTYX) has appointed Matthew Moore as its new Chief Operating Officer. Ventyx is a clinical-stage biopharmaceutical company focused on developing novel oral therapies for inflammatory diseases.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 12:13 pm