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HPE

IONS

RBRK

Rubrik, Ionis Pharmaceuticals, Hewlett Packard Enterprise, and other major stocks experienced declines in Tuesday's pre-market session. Rubrik reported better-than-expected Q2 results but still saw an 8.1% drop in share price. Ionis Pharmaceuticals and Hewlett Packard Enterprise also faced declines due to public offerings.

Portfolio Pulse from Avi Kapoor

September 10, 2024 | 12:32 pm

NNE

NANO Nuclear Energy has been selected for inclusion in the Russell 3000 Index, effective September 23, 2024, following a quarterly review and its recent IPO.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 12:31 pm

HOOD

FTX has filed a motion to settle a dispute over $600 million worth of Robinhood shares by paying $14 million to Emergent Fidelity Technologies. This settlement aims to resolve Emergent's bankruptcy case and facilitate FTX's reorganization efforts. The court will review the motion on October 22.

Portfolio Pulse from Murtuza Merchant

September 10, 2024 | 12:28 pm

EQNR

GINX

KEAT

Equinor ASA (NYSE:EQNR) has discovered gas and condensate in the Norwegian Sea, but its shares are trading lower premarket. The discovery is part of the Lavrans development, with estimates of 2-4 million Sm³ of recoverable oil equivalent. Equinor plans significant investments in offshore oil and gas projects in Norway until 2035. Investors can access Equinor through ETFs like SGI Enhanced Global Income ETF (NASDAQ:GINX) and Keating Active ETF (NASDAQ:KEAT).

Portfolio Pulse from Lekha Gupta

September 10, 2024 | 12:27 pm

BABA

Alibaba's Chair Joe Tsai has expanded his investments into elite French vineyards, while Alibaba's stock sees a rise after entering China's Stock Connect. Morgan Stanley predicts a $12 billion fund unlock for Alibaba within six months.

Portfolio Pulse from Anusuya Lahiri

September 10, 2024 | 12:25 pm

WFC

Wells Fargo shares rise as CFO Mike Santomassimo reports positive performance in consumer and commercial sectors, with strong overall deposits.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 12:21 pm

PERF

Perfect Corp. has launched its new Skincare Pro Aesthetic Simulator, an AI-powered tool for non-surgical facial treatments, aimed at dermatologists and beauty professionals.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 12:20 pm

KARS

NIO

PGJ

NIO Inc. shares are trading lower despite a new partnership with Chery to expand its charging network. NIO's stock has dropped over 46% in the past year. Investors can access NIO through ETFs like Invesco Golden Dragon China ETF and KraneShares Electric Vehicles and Future Mobility Index ETF.

Portfolio Pulse from Nabaparna Bhattacharya

September 10, 2024 | 12:20 pm

AZN

AstraZeneca's investigational cancer drug, datopotamab deruxtecan, showed disappointing results in a late-stage lung cancer trial, failing to achieve statistical significance in improving overall survival compared to standard chemotherapy. Despite a numerical improvement in survival, the results did not meet expectations, leading to a decline in AstraZeneca's stock price.

Portfolio Pulse from Vandana Singh

September 10, 2024 | 12:16 pm

PLRX

Pliant Therapeutics presented data from its Bexotegrast program at the European Respiratory Society International Congress 2024, highlighting its advancements in fibrotic disease treatments.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 12:16 pm