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ATVI

MSFT

SONY

Microsoft Corp is close to completing its $68.7 billion acquisition of Activision Blizzard, Inc, potentially by October 13. The deal is contingent on the approval of the U.K.'s Competition and Markets Authority (CMA), which had previously obstructed the deal. Microsoft secured preliminary approval from the CMA after restructuring the agreement to transfer cloud gaming rights for current and new Activision Blizzard games to Ubisoft. Microsoft had also cut similar deals with Nvidia Corp and Sony Group Corporation to win support for the acquisition.

Portfolio Pulse from Anusuya Lahiri

October 06, 2023 | 12:35 pm

SPY

The USA participation rate for September remained steady at 62.8%, unchanged from the prior month.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 12:31 pm

SPY

The USA Nonfarm Payrolls for September came in at 336K, significantly higher than the estimated 170K and the prior figure of 227K.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 12:30 pm

JNJ

Johnson & Johnson's Janssen has submitted a supplemental marketing application to the European Medicines Agency for Rybrevant (Amivantamab) in combination with chemotherapy for advanced non-small cell lung cancer with EGFR Exon 20 insertion mutations.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 12:13 pm

ARQT

The FDA has approved Arcutis Biotherapeutics' supplemental new drug application (sNDA) to expand the indication of ZORYVE (roflumilast) cream 0.3% for the topical treatment of plaque psoriasis in children aged 6 to 11 years.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 12:02 pm

BABA

Alibaba Group Holding Limited (NYSE:BABA) is facing challenges due to a weak economy, impending U.S. technology sanctions, and potential espionage concerns at its European logistics hub. The company's live commerce model, heavily reliant on star influencers, is also posing risks. Despite these issues, BABA shares traded higher by 0.73% at $84.28 premarket on the last check Friday.

Portfolio Pulse from Anusuya Lahiri

October 06, 2023 | 11:59 am

NKE

UAA

The deal between PGA and LIV is facing delays due to antitrust concerns and demands from players for a stake in the deal. This could potentially impact the stocks of companies like Nike (NKE) and Under Armour (UAA), which are mentioned in the article.

Portfolio Pulse from Charles Gross

October 06, 2023 | 11:59 am

PRZO

ParaZero Technologies has received approval from the Australian regulator for the first commercial drone flights in populated areas and near people using ParaZero safety systems. This is a significant milestone for the company as it opens up new markets and opportunities.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 11:37 am

RNLX

Renalytix has announced that the US Patent Office has issued a new notice of allowance of claims surrounding biomarkers sTNFR1 and sTNFR2 used in its kidneyintelX.dkd test.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 11:33 am

BTCUSD

Politicians worldwide are incorporating Bitcoin (CRYPTO: BTC) into their government plans. In the U.S., Republican presidential candidate Vivek Ramaswamy is developing a crypto policy framework and accepts donations in Bitcoin. Democratic candidate Robert F. Kennedy Jr. proposed issuing treasury bills backed by hard assets, including Bitcoin. The 2024 U.S. election is being called the 'Bitcoin elections' due to the increasing prominence of cryptocurrency as a political issue.

Portfolio Pulse from Mehab Qureshi

October 06, 2023 | 11:30 am