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BA

Boeing Co. (NYSE:BA) has decided to return its Starliner spacecraft from the ISS without a crew due to thruster performance concerns. NASA opted to bring astronauts back on a SpaceX vehicle instead. Boeing shares fell 2.79% following the news.

Portfolio Pulse from Vaishali Prayag

September 06, 2024 | 8:04 pm

TCBP

TC BioPharm is set to begin preclinical studies for its lead therapy TCB008 aimed at treating monkeypox. The company plans to collaborate with an infectious disease center to expedite these studies.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 8:02 pm

AVGO

Broadcom Inc. (NASDAQ:AVGO) shares are trading lower despite reporting strong Q3 earnings that exceeded expectations. The company reported a 42% revenue increase, driven by AI semiconductor demand and VMware's contribution. Analysts remain bullish, but the stock dipped 9.7% due to cautious guidance.

Portfolio Pulse from Vaishali Prayag

September 06, 2024 | 7:24 pm

SONY

Sony Group Corp. (NYSE:SONY) may have unintentionally confirmed the design of the PS5 Pro in a recent blog post, aligning with previous leaks. Speculation suggests a release could be imminent, possibly by November 2024, with a price around $600. The PS5 Pro is expected to feature significant hardware upgrades.

Portfolio Pulse from Franca Quarneti

September 06, 2024 | 7:19 pm

EBS

GOVX

INO

MRNA

The CDC reports no cases of Clade I Mpox in the U.S. as of September 6, while Clade II Mpox continues to circulate at low levels.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 7:18 pm

F

GM

RIVN

TSLA

Tesla's Cybertruck has created its own category in the electric pickup market, surpassing competitors like Ford's F-150 Lightning and Rivian's R1T in sales. While traditional automakers like Ford and GM have a long legacy in the pickup market, Tesla's unique approach with the Cybertruck sets it apart. Meanwhile, Worksport is expanding its presence with new clean energy products for major truck brands.

Portfolio Pulse from Upwallstreet

September 06, 2024 | 7:18 pm

TSLA

VWAGY

Volkswagen's PowerCo battery subsidiary is cutting production at its Salzgitter plant, raising concerns about broader cost-saving measures amid weak EV sales. The company faces financial challenges following the Dieselgate scandal, with profits down and potential plant closures looming.

Portfolio Pulse from Michael Juliano

September 06, 2024 | 7:17 pm

BGNE

LLY

Innovent Biologics faces challenges with delayed approval of its obesity drug mazdutide, a significant net loss, and the sudden retirement of its R&D chief. Despite strong revenue growth driven by anti-cancer drugs, the company's stock experienced a mild decline. Innovent is shifting focus to cardiovascular and metabolic drugs, but faces competition from established players.

Portfolio Pulse from The Bamboo Works

September 06, 2024 | 7:16 pm

EWN

RTX

SPY

The U.S. State Department has approved a potential sale of Sidewinder missiles to the Netherlands, valued at approximately $691 million. This deal involves the Pentagon and could impact defense contractors and related ETFs.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 7:03 pm

X

U.S. Steel, along with the United Steelworkers union and Wheeling-Nippon, has filed antidumping and countervailing duty petitions with the U.S. Department of Commerce and the U.S. International Trade Commission. These petitions target imports of corrosion-resistant steel from several countries, aiming to address low-priced and subsidized imports affecting the U.S. market.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 6:50 pm