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ASTS

PTF

UFO

AST SpaceMobile, Inc. (NYSE:ASTS) shares rose after confirming a September 12 launch for BlueBird Satellites, expecting to raise over $155 million from warrant redemptions. The satellites aim to provide cellular broadband service in the U.S. and select markets. ASTS shares increased by 10.4%.

Portfolio Pulse from Lekha Gupta

September 04, 2024 | 2:50 pm

BIIB

Biogen Inc. announced positive topline results from the Phase 2/3 DEVOTE study, showing that a higher dose regimen of nusinersen (Spinraza) significantly improves motor function in infants with spinal muscular atrophy (SMA). The study met its primary endpoint and showed the higher dose regimen to be well tolerated. Biogen's stock saw a slight increase following the news.

Portfolio Pulse from Vandana Singh

September 04, 2024 | 2:43 pm

HUM

Humana shares are experiencing an uptick following the company's announcement of a new study focused on senior primary care.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 2:40 pm

BLCR

SONY

SROI

Sony Group Corporation (NYSE:SONY) is experiencing a decline in share price after announcing the discontinuation of its multiplayer shooter game, Concord, shortly after its launch. The game will go offline on September 6, 2024, with sales stopping immediately and full refunds offered to purchasers. This decision follows a recent price increase for the PlayStation 5 in Japan and the launch of a new Accessories app for Windows. Investors can access Sony stock through ETFs like BlackRock Large Cap Core ETF (NASDAQ:BLCR) and Calamos ETF Trust Calamos Antetokounmpo Global Sustainable Equities ETF (NYSE:SROI).

Portfolio Pulse from Lekha Gupta

September 04, 2024 | 2:39 pm

BTCUSD

DOGEUSD

ETHUSD

GTLB

The article covers a range of topics including a drop in Bitcoin, Ethereum, and Dogecoin prices due to increased liquidations, GitLab's share price surge, and a potential 15-20% drop in Bitcoin if the Fed cuts interest rates. It also discusses political developments, market trends, and various company news.

Portfolio Pulse from Akanksha Bakshi

September 04, 2024 | 2:35 pm

BFLY

Butterfly Network's shares are rising following the launch of its next-generation butterfly iQ3 in Europe, which offers advanced 3D imaging and enhanced portability across 16 countries.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 2:35 pm

SPY

USO

OPEC+ members are reportedly considering delaying their planned production increase, according to delegates. This decision could impact oil prices and related markets.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 2:30 pm

ATHA

Athira Pharma's Alzheimer's drug candidate failed to show improvement in cognition and function in patients with mild to moderate disease, leading to a decline in its stock price.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 2:28 pm

MMM

3M has announced that it has manufactured and sold over 300 million Friction Shims globally. These shims are used in various demanding applications, including automotive, wind energy, and aerospace, to enhance load and torque in bolted connections.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 2:11 pm

CAE

CAE Defense & Security USA has secured a $57 million contract from the U.S. Navy to provide training devices for the Indian Navy's MH-60R helicopter pilots and crew. This contract includes the development of two training devices and support for the MH-60R platform.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 1:59 pm