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BBIO

PFE

BridgeBio Pharma's stock rose after presenting positive data from its Phase 3 study of acoramidis for ATTR-CM at the ESC 2024. The company has submitted a marketing application to the FDA, with a decision expected by November 29, and to the European Medicines Agency, with a decision in 2025. BridgeBio has also partnered with Bayer for commercialization in Europe.

Portfolio Pulse from Vandana Singh

August 30, 2024 | 5:10 pm

CRWD

DAL

CrowdStrike Holdings Inc. (CRWD) is facing a potential 'Death Cross' as its stock's short-term moving average dips below its long-term average, signaling bearish trends. A dispute with Delta Air Lines (DAL) over a $500 million loss from a software update adds to the pressure. CrowdStrike's stock has dropped 42% in two weeks, losing $40 billion in market cap.

Portfolio Pulse from Surbhi Jain

August 30, 2024 | 4:54 pm

GOOG

GOOGL

Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) is collaborating with Salcit Technologies on a bioacoustics AI model, HeAR, to detect illnesses through sound. This venture could open new revenue streams and make healthcare diagnostics more accessible globally.

Portfolio Pulse from Chris Katje

August 30, 2024 | 4:33 pm

TOVX

Theriva Biologics (AMEX:TOVX) shares are trading higher due to recent positive developments, including FDA's Rare Pediatric Drug Designation for VCN-01 and a new patent allowance. A reverse stock split has also contributed to price volatility.

Portfolio Pulse from Erica Kollmann

August 30, 2024 | 4:18 pm

SUNUSD

Tron founder Justin Sun challenges critics of his SUN token, offering to buy it at $0.03 amidst significant price gains. His statement draws parallels to a past remark by former FTX founder Sam Bankman-Fried.

Portfolio Pulse from Murtuza Merchant

August 30, 2024 | 4:16 pm

ZCAR

Zoomcar Holdings, Inc. (NASDAQ:ZCAR) has launched a Generative AI Assistant to enhance its car-sharing platform in India. This tool provides 24/7 support to Hosts, aiding in onboarding, platform navigation, and vehicle safety, aiming to boost earnings. The AI assistant is expected to improve the overall user experience and will soon be available for Guests as well.

Portfolio Pulse from Nabaparna Bhattacharya

August 30, 2024 | 4:10 pm

CBDD

CBD of Denver, Inc. reported a 37.4% YoY increase in Q2 revenue to $1,002,240, slightly below expectations. The company is expanding into the German market, facing regulatory challenges. Operating expenses and salaries have decreased, indicating improved efficiency.

Portfolio Pulse from Jelena Martinovic

August 30, 2024 | 3:57 pm

EQNR

Equinor ASA is downsizing its renewables unit, shifting focus from growth to profitability, and will undertake fewer projects in fewer markets. The company is in talks with unions about the impact on employees.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 3:46 pm

GE

GE Vernova has announced that their analyses indicate the recent turbine blade failures at U.S. and UK offshore wind farms are unrelated. This clarification may alleviate concerns about systemic issues in their turbine technology.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 3:45 pm

EWY

SPY

USO

Three U.S. Democratic Senators have urged the Biden administration to reduce the current import quota for South Korean Oil Country Tubular Goods. This request could impact trade relations and the energy sector.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 3:42 pm