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JNJ

Johnson & Johnson received FDA approval for RYBREVANT and LAZCLUZE, a new chemotherapy-free treatment for certain types of lung cancer. This marks a significant milestone as it is the first multitargeted regimen approved for EGFR-mutated NSCLC.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 11:05 am

TNXP

Tonix Pharmaceuticals has enrolled the first patient in its Phase 2 CATALYST study for TNX-1300, a treatment for cocaine intoxication. This marks a significant step in the development of this potential treatment.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 11:00 am

AEM

GDX

GLDM

GOLD

IAU

NEM

Gold prices have reached an all-time high, driven by potential Federal Reserve interest rate cuts, geopolitical risks, and increased demand from central banks and consumers. Gold mining stocks and related ETFs have also seen significant gains.

Portfolio Pulse from Navdeep Yadav

August 20, 2024 | 11:00 am

AUUD

Auddia Inc. has announced the launch of faidr 3.1, an updated version of its audio streaming platform. This development could enhance user experience and potentially increase user engagement and revenue for the company.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 10:59 am

NVDA

Wedbush Securities predicts strong Q2 earnings for Nvidia, driven by AI chip demand. Despite recent share drops due to demand concerns and potential GPU issues, Wedbush maintains a 'buy' rating. Nvidia's upcoming earnings report is crucial, with investors keen on future AI chip demand insights.

Portfolio Pulse from Benzinga Neuro

August 20, 2024 | 10:57 am

LLY

Eli Lilly's SURMOUNT-1 study reveals that weekly injections of Tirzepatide significantly reduce the risk of progression to Type 2 diabetes by 94% in adults with pre-diabetes and obesity.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 10:52 am

AMGN

COIN

INTC

MCD

MSTR

PANW

QQQ

SPY

US stocks may pause after an 8-session winning streak, with potential risks ahead. The S&P 500 and Nasdaq have reached new highs, but strategists warn of a possible pullback. Tech and crypto-exposed stocks are expected to maintain momentum. Key events include Fed speeches and Powell's upcoming address.

Portfolio Pulse from Shanthi Rexaline

August 20, 2024 | 10:48 am

BA

GCAD

ITA

Boeing shares are trading lower premarket due to FAA's directive for inspections on 787 Dreamliners following a mid-air incident. Boeing also halted 777-9 test flights due to a component issue. The stock is down 0.97% premarket.

Portfolio Pulse from Lekha Gupta

August 20, 2024 | 10:41 am

BA

EADSY

Saudi Arabia's Sovereign Wealth Fund is in exploratory talks with Boeing and Airbus to acquire freighters for a new cargo airline. This development could impact Boeing and Airbus as potential suppliers.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 10:40 am

BP

BP is set to develop Iraq's Kirkuk oil fields under a profit-sharing model, with a final agreement expected by the end of 2024. This development could impact BP's operations and profitability.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 10:37 am