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MRK

The FDA has granted priority review to Merck's application for Keytruda, in combination with concurrent chemoradiotherapy, for the treatment of newly diagnosed high-risk locally advanced cervical cancer. The Prescription Drug User Fee Act date is set for January 20, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 10:48 am

BA

Boeing Co (NYSE:BA) predicts that China will require 8,560 new commercial airplanes through 2042 due to economic growth and increasing demand for domestic air travel. China's commercial airliner fleet is expected to more than double to nearly 9,600 jets over the next 20 years, accounting for one-fifth of the world's airplane deliveries. China's domestic aviation market is expected to be the largest in the world by the end of the forecast period, generating demand for $675 billion in aviation services.

Portfolio Pulse from Shivani Kumaresan

September 20, 2023 | 10:32 am

CLVT

Clarivate Plc has launched Forecast, an AI-driven solution designed to optimize intellectual property portfolios and strategy. The tool provides predictive budget forecasting and is fully integrated with IPfolio, an IP management system. The launch comes as IP portfolios expand and the costs of securing, maintaining, and protecting patent and trademark rights increase.

Portfolio Pulse from Shivani Kumaresan

September 20, 2023 | 10:24 am

AIU

CART

NKLA

RVNC

SPRY

TM

Several stocks recorded losses in Wednesday's pre-market trading session. ARS Pharmaceuticals shares dipped 46.8% after the FDA requested additional study for its neffy® Epinephrine nasal spray. Revance Therapeutics shares declined 5.8% following the company's plan to exit the OPUL payments business. Instacart shares fell 4.4% despite pricing its IPO at the top end of the expected range. Meta Data Limited, Nikola Corporation, and Toyota Motor Corporation also experienced declines.

Portfolio Pulse from Lisa Levin

September 20, 2023 | 10:23 am

INFY

NVDA

Infosys and NVIDIA have partnered to help enterprises boost productivity with generative AI. The collaboration aims to leverage NVIDIA's AI technology to enhance Infosys' offerings and provide businesses with advanced AI capabilities.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 10:06 am

AAPL

SCKT

Socket Mobile has announced that its entire product line is now compatible with iOS 17. This ensures that Apple iPhone users can maximize the utility of both their Socket Mobile device and their Bluetooth-paired Apple device.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 10:04 am

COHR

Coherent has introduced Wavemaker and Waveshaper instruments aimed at reducing the cost of testing next-generation technology for optical networks.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 10:03 am

TXT

Textron Aviation and NetJets have signed a fleet agreement for up to 1,500 Cessna Citation Jets. The deliveries of the Citation Ascend are expected to begin in 2025. The financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 10:03 am

WATT

Energous and Veea have partnered to integrate Energous' PowerBridge technology, Wiliot's IoT Pixel tags, and Veea's Edge Platform for real-time asset tracking of mass IoT deployments in industrial, logistics, and retail applications. The collaboration aims to reduce installation costs, lower latency, improve bandwidth efficiency, and enhance security, privacy, and reliability.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 10:01 am

FFIE

Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) announced that Kelvin Sherman, one of FF's newest car owners and Developer Co-Creation Officers, took delivery of his FF 91 2.0 Futurist Alliance at FF's '919 Developers AI Co-Creation Festival'. Sherman also joined FF's 'Futurist Spire Club Salon', an exclusive group of FF's Developer Co-Creation Officers.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 9:53 am