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VIEW

View Inc has received a Notice of Allowance for its U.S. patent application 17/250,586, which is focused on control methods and systems using external 3D modeling and neural networks. This development could enhance View Inc's intellectual property portfolio and potentially its market position in technologies related to smart windows and glass.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 6:15 pm

MNPR

Monopar Therapeutics Inc (NASDAQ:MNPR) shares surged 67.30% to $0.95 on high volume after announcing promising preclinical data for its MNPR-101 radiopharmaceutical program targeting cancers. The program showed significant tumor uptake and near-complete tumor elimination with a single injection. Additionally, Monopar received clearance in Australia to commence a Phase 1 trial of MNPR-101-Zr in patients with advanced cancers.

Portfolio Pulse from Vandana Singh

February 22, 2024 | 6:02 pm

ETH-USD

On Wednesday, 8,516.58 Ether (ETH) worth approximately $25.4 million was burned, permanently removing it from circulation. This action is part of the Ethereum blockchain's EIP-1159 upgrade implemented on August 5, 2021, which introduced a variable base fee for transactions that is burned. The current issuance rate of new Ether is 4% per year, expected to decrease to 0.5-1% with the Ethereum 2.0 upgrade, potentially making ETH a deflationary currency. The net annualized issuance rate for Ether was -9.51% yesterday.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 6:00 pm

AAPL

AMZN

GOOG

META

MSFT

NVDA

QQQ

SPY

TSLA

NVIDIA Corp (NASDAQ:NVDA) reported earnings that exceeded expectations, with significant growth in AI inference shipments, indicating rapid AI adoption. The FOMC minutes were hawkish, suggesting no near-term rate cuts. Jobless claims were lower than expected, showing a strong job market. Japan's Nikkei 225 reached a 34-year high, highlighting the potential for long bear markets. Early trade showed positive money flows in major tech stocks and ETFs, while Bitcoin's sentiment was boosted by NVIDIA's earnings.

Portfolio Pulse from The Arora Report

February 22, 2024 | 5:42 pm

MCD

McDonald's expects the ongoing Middle East war to continue negatively impacting its systemwide sales and revenue, as disclosed in a recent SEC filing.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 5:37 pm

SPY

Fed's Jefferson emphasized the need for a comprehensive body of evidence before considering a rate cut, indicating that the decision will not be based on a single indicator.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 3:48 pm

RTNTF

Rio Tinto (OTCPK: RTNTF) has received board approval for the $20 billion Simandou iron ore project in Guinea, set to be the world's largest mining project. The project, aiming for a 2025 production start, is expected to add 5% to the global seaborne supply and create 45,000 jobs. It involves collaboration with the Guinean government, China's Chalco Iron Ore Holdings, and other partners. The project emphasizes environmentally friendly steelmaking and has already seen $11.6 billion invested by Rio Tinto.

Portfolio Pulse from Stjepan Kalinic

February 22, 2024 | 3:48 pm

SPY

Fed's Jefferson emphasized the importance of considering the totality of data before making a decision on rate cuts, highlighting the need to see evidence that inflation is sustainably moving towards the target.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 3:47 pm

SPY

Fed's Jefferson highlighted the unpredictable nature of the labor market, suggesting changes can occur rapidly in ways that policymakers cannot foresee. This statement underscores the challenges in monetary policy decision-making, especially in times of economic uncertainty.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 3:41 pm

SPY

Fed's Jefferson highlighted a recent increase in productivity, suggesting that the supply side of the economy is recovering from the pandemic's impacts. He also speculated that this might indicate a potential rise in GDP growth.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 3:39 pm