Streetbeat News

Products Services

ALNY

IONS

RHHBY

Alnylam Pharmaceuticals' KARDIA-1 Phase 2 study of zilebesiran, a drug for hypertension, has met its primary endpoint. The drug is being co-developed with Roche Holdings. The study showed a significant reduction in blood pressure and met key secondary endpoints. The results reaffirm the program's potential and could impact Ionis Pharmaceuticals, which is developing a similar therapeutic. Alnylam's shares are up 0.92%.

Portfolio Pulse from Vandana Singh

September 07, 2023 | 6:07 pm

RIVN

Rivian Automotive Inc's CFO announced at the Goldman Sachs Conference that the company has experienced significant deflation in battery material prices, which will continue to benefit the company.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 6:03 pm

AMZN

CMCSA

DKNG

The 2023 NFL season kicks off with the Detroit Lions vs. Kansas City Chiefs game. The game will air on NBC and stream on Peacock, both units of Comcast Corporation (NASDAQ:CMCSA). Future games will stream on Amazon Prime Video, a unit of Amazon.com, Inc. (NASDAQ:AMZN). Betting odds are provided by DraftKings Inc (NASDAQ:DKNG). Key storylines include an injury to Chiefs' Travis Kelce and the Lions' new running back lineup.

Portfolio Pulse from Chris Katje

September 07, 2023 | 5:46 pm

GE

TXT

General Electric's (GE) Aerospace unit has been selected by Bell Textron Inc., a unit of Textron Inc (TXT), to develop components for the Bell V-280 Valor future long-range assault aircraft. The deal includes providing a digital backbone, voice and data recorder, and health awareness system for the aircraft. GE Aerospace aims to adhere to the U.S. Army's Modular Open Systems Approach for rapid testing and fielding of mission-focused capabilities.

Portfolio Pulse from Nabaparna Bhattacharya

September 07, 2023 | 5:43 pm

BA

SPR

Spirit Aerosystems' CEO announced at the Jefferies Industrials Conference that the company will be on the low end of 370-390 737 fuselage deliveries to Boeing.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 5:41 pm

AAPL

Apple Inc is expected to release new products at its upcoming 'Wonderlust' event, with the focus on the iPhone 15. Analysts from Morgan Stanley and Wedbush have laid out expectations for the launch, including limited upgrades for the iPhone 15 and 15 Plus models, and significant changes for the Pro models. The analysts also expect Apple to enhance the camera quality and introduce a new 'Action Button'. They believe that the iPhone estimates for 2024 are too low and that Apple can continue to outperform. Both firms have Overweight/Outperform ratings on Apple stock with price targets of $215 and $230, respectively.

Portfolio Pulse from Adam Eckert

September 07, 2023 | 5:36 pm

MSFT

Microsoft Corp has announced a collaboration with digital pathology provider Paige to develop the world's largest image-based artificial intelligence model for cancer detection. The AI model will be trained on billions of images and can identify common and rare cancers. Paige will utilize Microsoft's advanced supercomputing infrastructure to train the technology at scale and deploy it to hospitals and laboratories across the globe using Azure. The AI model is expected to address storage challenges for healthcare systems while accelerating the diagnostic process for pathologists.

Portfolio Pulse from Vandana Singh

September 07, 2023 | 5:21 pm

BP

BP Plc has launched the UK's largest public electric vehicle (EV) charging hub on the NEC Campus in the West Midlands. The Gigahub can charge 180 EVs simultaneously and is a collaboration between bp pulse, The EV Network (EVN), and NEC Group. BP has plans to invest up to £18 billion in the UK energy system by 2030, including £1 billion for EV charging infrastructure.

Portfolio Pulse from Shivani Kumaresan

September 07, 2023 | 5:13 pm

EVLV

Omnilert, a leader in active shooter solutions, has partnered with Evolv Technology to integrate its AI visual gun detection software into the newly announced Evolv Extend. The software can identify a weapon in less than a second and initiate a robust response such as locking doors, contacting police, and notifying staff. The alerts are sent to onsite security staff positioned near the Evolv Express system, allowing them to swiftly implement emergency operational procedures.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 5:08 pm

HLT

TSLA

Tesla Inc has signed a deal to install up to 20,000 Universal Wall Connectors across 2,000 Hilton Worldwide Holdings Inc. locations. The expansion of the existing collaboration between the two companies will solidify Hilton's position as a leader in electric vehicle (EV) charging within the hospitality industry. Starting in 2024, these chargers will be deployed in Hilton hotels across the U.S., Canada, and Mexico. The chargers are designed to support a wide range of EVs, including Tesla's own models and those from other manufacturers that use the North American Charging Standard (NACS).

Portfolio Pulse from Benzinga EV Insights

September 07, 2023 | 5:06 pm