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Former President Donald Trump has expressed his opposition to the sale of United States Steel, stating he will take action to prevent it. This statement was made during a press conference in Savannah, GA.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 5:09 pm

SPY

Former President Donald Trump delivered remarks in Georgia focusing on the tax code and inflation. The discussion may have implications for the stock market, particularly for indices like the S&P 500.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 5:04 pm

NVO

Novo Nordisk's CEO, Lars Fruergaard Jorgensen, discussed with the U.S. Congress the high prices of their weight loss drugs, Ozempic and Wegovy, in the U.S. compared to other countries. He expressed willingness to explore ways to make these drugs more affordable in the U.S., following commitments from pharmacy benefit managers to maintain coverage if prices are reduced.

Portfolio Pulse from Michael Juliano

September 24, 2024 | 4:53 pm

META

VGK

Meta Platforms Inc. has decided not to participate in the European Union's voluntary AI safety pledge, which is intended as a temporary measure before the AI Act becomes fully effective in 2027.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 4:50 pm

NVDA

V

Visa Inc. shares are declining due to reports of an impending DOJ antitrust lawsuit accusing the company of monopolizing the U.S. debit card market. The DOJ's investigation focuses on Visa's exclusivity agreements and tokenization technology pricing.

Portfolio Pulse from Vaishali Prayag

September 24, 2024 | 4:35 pm

NVO

Novo Nordisk shares are experiencing an uptick as CEO Lars Jorgensen testifies before the Senate regarding pricing strategies.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 4:10 pm

GLD

SPY

U.S. consumer confidence fell sharply in September due to labor market concerns, increasing the likelihood of a 50-basis-point interest rate cut by the Federal Reserve in November. The SPDR S&P 500 ETF Trust (SPY) stalled, and the SPDR Gold Trust (GLD) rose as market reactions were swift.

Portfolio Pulse from Piero Cingari

September 24, 2024 | 3:56 pm

BNTX

PFE

Pfizer Canada and BioNTech have received Health Canada approval for their Omicron KP.2 variant adapted COVID-19 vaccine, COMIRNATY. The vaccine is authorized for individuals 6 months and older and will be available in Canada soon.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 3:47 pm

INVH

Invitation Homes has agreed to a proposed settlement order with the FTC, requiring the company to pay $48 million to refund consumers harmed by its actions. The settlement addresses allegations of deceiving renters, charging junk fees, and withholding security deposits.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 3:45 pm