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STLA

Stellantis is investing over $406 million in three Michigan facilities to support its multi-energy strategy, with the Sterling Heights Assembly Plant set to be the first U.S. plant to build a fully electric vehicle.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 12:10 pm

ORCL

UBER

Uber has partnered with Oracle to migrate its big data, AI infrastructure, and thousands of microservices to Oracle Cloud Infrastructure (OCI). This move supports over one million trips per hour and aims to accelerate innovation.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 12:09 pm

AAPL

AMZN

GOOGL

Apple Inc. is focusing on selling more iPhones, leveraging its strong brand trust and consumer loyalty, rather than competing directly with Amazon and Alphabet in innovation. WisdomTree's Christopher Gannatti emphasizes Apple's strategy of turning innovation into consumer loyalty.

Portfolio Pulse from Surbhi Jain

September 11, 2024 | 12:08 pm

IONQ

IonQ and the University of Maryland have expanded their partnership with a $9 million investment to advance quantum innovation. This collaboration will provide UMD students and researchers access to IonQ's trapped ion quantum computers at the National Quantum Lab.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 12:05 pm

ACTU

Actuate Therapeutics has received FDA Orphan Drug Designation for its drug Elraglusib, a GSK-3β inhibitor, aimed at treating soft tissue sarcomas. This designation could help address unmet medical needs in difficult-to-treat cancers.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 12:03 pm

TMCI

Treace Medical Concepts will showcase new product innovations and present interim data from clinical studies at the AOFAS Annual Meeting 2024. Key highlights include the Nanoplasty™ MIS 3D Osteotomy System, IntelliGuide™ PSI Cut Guides, Mini-Adductoplasty™ Guides, and new SpeedPlate™ innovations.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 12:02 pm

TMCI

Treace Medical Concepts, Inc. (NASDAQ:TMCI) is set to showcase new product innovations and present updated clinical study data at the AOFAS Annual Meeting 2024. The company will focus on its Lapiplasty® and Adductoplasty® procedures, highlighting interim data from the ALIGN3D™ and Mini3D™ Lapiplasty® clinical studies.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 12:01 pm

STRO

Sutro Biopharma, Inc. (NASDAQ:STRO) will host a Research Forum on October 10, 2024, to showcase its next-generation antibody drug conjugates (ADCs) pipeline. The event will be webcast live.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 12:01 pm

NVO

Novo Nordisk shares rise following positive trial results for liraglutide in children aged 6 to 12.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 11:42 am

DIA

SPY

USO

UUP

U.S. markets closed mixed with the S&P 500 gaining and the Dow dipping due to concerns over economic growth and declining bank stocks. Asian markets fell, while European markets saw gains. Oil prices rebounded on supply fears, and the U.S. dollar weakened.

Portfolio Pulse from Akanksha Bakshi

September 11, 2024 | 11:38 am