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TSM

Taiwan Semiconductor Manufacturing Co (TSMC) reported a 33% year-on-year sales growth in August 2024, driven by demand for AI chips and smartphone market recovery. Analysts expect a 37% revenue growth for Q3. TSMC's stock has risen 82% over the past year, with exposure available through ETFs like SPDR S&P Emerging Asia Pacific ETF and ProShares Nanotechnology ETF.

Portfolio Pulse from Anusuya Lahiri

September 10, 2024 | 12:09 pm

SRRK

Scholar Rock has completed enrollment for its Phase 2 EMBRAZE trial, which investigates the drug Apitegromab's ability to preserve lean muscle mass in patients undergoing GLP-1 RA therapy for obesity. Results are expected in Q2 2025 and will inform the development of SRK-439 for cardiometabolic disorders.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 12:09 pm

HLIT

Harmonic (NASDAQ:HLIT) will introduce new features for its VOS family at IBC2024, enhancing video streaming, monetization, and viewer engagement. Innovations include AI speech-to-text for captions, server-guided ad insertion, and JPEG-XS support.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 12:08 pm

ENPH

Enphase Energy has started shipping its IQ8HC microinverters, which now include increased domestic content from U.S. manufacturing facilities. These products are identified by the 'DOM' SKU suffix.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 12:07 pm

RKT

Rocket Companies is hosting its first Investor Day to present its AI-driven homeownership strategy and financial priorities aimed at long-term shareholder value.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 12:07 pm

LFVN

LifeVantage has announced promising in vitro study results showing that their new two-product system significantly increases GLP-1 production and downregulates DPP-4 gene expression. This could enhance GLP-1 availability, aiding in weight management and glucose regulation.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 12:06 pm

LASE

Laser Photonics has unveiled a concept animation for its CleanTech Robotic Cell CTIR-6040, highlighting advanced safety features. The robot cell market is expected to grow significantly, driven by safety priorities, labor shortages, and technological advancements.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 12:06 pm

HGTY

Hagerty has renewed its multi-year partnership with Agero to continue providing specialized roadside assistance to its Drivers Club members. This partnership aims to enhance customer-focused experiences for Hagerty's clients.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 12:05 pm

GILD

Gilead Sciences has entered into a strategic collaboration with Genesis Therapeutics to develop novel small molecule therapies. Gilead gains exclusive rights to use Genesis's GEMS AI platform for target optimization, enhancing its drug development capabilities.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 12:04 pm

SEDG

SolarEdge has launched a new home solar and storage solution with a modular design that reduces installation time by 50%. The product is expected to be manufactured in the U.S., qualifying for domestic content incentives.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 12:03 pm