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NVAX

Novavax has submitted their Covid-19 vaccine targeting the Omicron XBB.1.5 subvariant for people aged 12 and older to Health Canada for approval.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 3:09 pm

MRNA

Health Canada has authorized the use of Moderna's Spikevax Covid-19 vaccine targeting the Omicron XBB.1.5 subvariant for people aged six months and older.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 3:08 pm

PYPL

PayPal (NASDAQ:PYPL) has launched PayPal On and Off Ramps integration, a secure payment solution aimed at making the process of buying and selling crypto in the U.S. more efficient. The offering will make digital wallets, decentralized applications (dApps), and NFT marketplaces more accessible. PayPal is also the first financial service company to launch its native stablecoin PYUSD to promote the use of crypto as a payment method.

Portfolio Pulse from Khyathi Dalal

September 12, 2023 | 3:06 pm

AAPL

Apple's shares are trading lower following a report that Huawei is increasing its Mate 60 series smartphone shipment target by 20%. Apple's stock is down by 1.6%.

Portfolio Pulse from Bill Haddad

September 12, 2023 | 3:04 pm

CRNX

Crinetics Pharmaceuticals, Inc. (NASDAQ:CRNX) shares are trading higher after the company announced positive results from its Phase 3 PATHFNDR-1 study of investigational compound paltusotine. The company also announced a $250 million public offering of its common stock, with an additional $37.5 million option for underwriters. The proceeds will be used to fund the development of paltusotine and other R&D programs.

Portfolio Pulse from Erica Kollmann

September 12, 2023 | 2:56 pm

AAPL

The Apple Store has gone offline ahead of an Apple event, a common practice by the company to update its online store with new products.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 2:51 pm

AAPL

Apple Inc. (AAPL) is expected to announce its iPhone 15 lineup at the 'Wonderlust' event. The new devices are predicted to support USB-C charging and share features from its predecessors. Rosenblatt Securities reiterated a Neutral rating on Apple and maintained its $198 price target. The analyst expects the event to underscore Apple’s strategic tilt towards premiumization. Despite a 7% decline in global smartphone sales, Rosenblatt projects a potential 7% uptick in iPhone sales during the December quarter.

Portfolio Pulse from AJ Fabino

September 12, 2023 | 2:48 pm

WKEY

WISeSat.Space is taking a quantum leap with secure IoT satellites amid growing space cybersecurity threats. The company is focusing on enhancing the security of its IoT satellites to counter the increasing threats in space cybersecurity.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 2:43 pm

EWC

EWW

SPY

UNP

Union Pacific has introduced a new service that removes a full day of transit between the U.S., Mexico, and Canada. This new route is expected to bring needed competition for trucking as Mexican exports increase.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 2:37 pm

AAPL

AMZN

DKNG

MGM

MRNA

NVAX

PFE

STLA

UPS

WRK

DraftKings apologizes for a controversial promotion on its app. MGM Resorts is dealing with a cybersecurity issue. WestRock is merging with Smurfit Kappa to create a sustainable packaging company. Moderna and Pfizer receive FDA approval for updated COVID-19 vaccines, while Novavax's vaccine is still awaiting approval. GlobalFoundries expands its presence in Singapore. Amazon invests in direct air capture climate technology. Acelyrin's izokibep fails to meet statistical significance in a study. UAW is in labor talks with General Motors, Ford, and Stellantis. Apple plans to sell 'Made in India' iPhone 15 on launch day. Arm Ltd is preparing for an IPO. Cadence Design Systems' CEO says semiconductor packaging is key to U.S. leadership in AI. UPS CEO pitches new labor contract.

Portfolio Pulse from Vandana Singh

September 12, 2023 | 2:32 pm