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NVO

Novo Nordisk's shares are trading lower following a report that most patients using weight loss drugs like Wegovy stop within a year.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 4:03 pm

IMXUSD

SimWin Sports, a virtual sports league for daily fantasy and esports, has announced a strategic partnership with Immutable, a leading Web3 gaming platform. The partnership aims to expand SimWin's presence in the Web3 gaming space, with Immutable providing strategic advisory, marketing assistance, community building, and virtual asset drops. SimWin Sports, which uses AI and machine learning for simulations, offers a blockchain experience for sports fans with virtual football contests. The company is backed by sports legends including Magic Johnson, who is also an investor.

Portfolio Pulse from Chris Katje

July 11, 2023 | 4:00 pm

NVO

The European Medicines Agency has extended its review of Novo's drugs Ozempic, Saxenda, and Wegovy, which started on 3 July 2023, to include other GLP-1 receptor agonists.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 3:47 pm

RIVN

Rivian Automotive, Inc. (NASDAQ:RIVN) shares are volatile after rising more than 25% over the last week. Barclays analyst Dan Levy maintained an Overweight rating on Rivian and raised the price target from $22 to $30. Rivian was also granted a U.S. Patent for a battery module. The company will report its Q2 financial results on August 8.

Portfolio Pulse from Erica Kollmann

July 11, 2023 | 3:28 pm

ACHV

SCHV

Achieve Life Sciences has announced the publication of its Phase 3 ORCA-2 Smoking Cessation Trial in the Journal of the American Medical Association. The trial demonstrated the efficacy and tolerability of cytisinicline, a potential pharmacotherapy for smoking cessation. This could be the first such therapy approved in nearly two decades.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 3:26 pm

RGF

Real Good Food Company Inc (NASDAQ:RGF) is expanding its Global Entrees platform into the supermarket chain Publix, with the addition of two new flavors. The company's products can now be found in over 10,000 stores nationwide. RGF shares are trading higher by 0.22% at $4.57.

Portfolio Pulse from Shivani Kumaresan

July 11, 2023 | 3:21 pm

MSFT

SONY

Microsoft Corp. (NASDAQ:MSFT) has reintroduced its $1 deal for the first month of Xbox's Game Pass Ultimate subscription, following a price hike in the subscription and an increase in the cost of the Xbox Series X console. The move comes as Microsoft aims to attract more subscribers and plans to release at least one new exclusive game every upcoming quarter.

Portfolio Pulse from Franca Quarneti

July 11, 2023 | 3:05 pm

AMZN

SPY

Amazon.com, Inc. (NASDAQ:AMZN) launched its first Amazon Prime Day on July 15, 2015. Since then, the stock has performed well, with a $1,000 investment in Amazon stock on its first Prime Day now worth $5,470.40, representing a return of 447% over the last eight years. In comparison, the SPDR S&P 500 ETF Trust (NYSE:SPY), which tracks the S&P 500, is up 108.1% over the same time period, not including dividends.

Portfolio Pulse from Chris Katje

July 11, 2023 | 3:04 pm

DDD

OERLF

SSYS

3D Systems Corp (NYSE:DDD) has announced a partnership with OC Oerlikon Corp AG, Pfaffikon (OTC:OERLF) to boost scale metal additive manufacturing in high-criticality industries such as semiconductors and aerospace. As part of the deal, Oerlikon AM will acquire its fourth 3D Systems DMP Factory 500 system. Last month, 3D Systems offered an enhanced acquisition proposal to Stratasys Ltd. (NASDAQ:SSYS).

Portfolio Pulse from Lekha Gupta

July 11, 2023 | 3:04 pm

SIEN

Sientra's High-Strength Cohesive Silicone Gel Breast Implants have been launched in Canada, marking the first new silicone gel breast implant manufacturer to be approved by Health Canada in nearly 20 years. The implants are distributed by Clarion Medical Technologies and are backed by clinically proven data demonstrating a strong safety profile. Sientra's implants are exclusively available from board-certified plastic surgeons in Canada. The company's President and CEO, Ron Menezes, sees this as a significant milestone in Sientra's strategic international expansion.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 2:29 pm