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ENGN

enGene announced preliminary data from the LEGEND study of Detalimogene Voraplasmid (EG-70) in treating Bacillus Calmette-Guérin-unresponsive, non-muscle invasive bladder cancer with carcinoma in situ, showing a complete response rate of 71%.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 10:34 am

KTRA

MU

TBIO

Telesis Bio shares surged 109.9% in pre-market trading after announcing a partnership with Beckman Coulter Life Sciences to enhance DNA and mRNA synthesis. Other notable pre-market movers include Micron Technology, which rose 15.5% following strong Q4 results, and Kintara Therapeutics, up 41.8% after adjourning a stockholder meeting.

Portfolio Pulse from Avi Kapoor

September 26, 2024 | 10:31 am

ENTA

Enanta Pharmaceuticals announced that its Phase 2A study of EDP-323 in healthy adults infected with RSV met primary and secondary endpoints, showing significant reductions in viral load and symptoms compared to placebo.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 10:02 am

FXI

China's new stimulus package is split equally between boosting consumption and aiding local governments with debt issues. This could impact the iShares China Large-Cap ETF (FXI), which tracks major Chinese companies.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 9:30 am

FXI

China plans to issue $284 billion in sovereign debt as part of a new fiscal stimulus package. Some measures could be announced this week, according to sources.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 9:28 am

IBIT

The U.S. is regaining its dominance in Bitcoin holdings, driven by increased demand for spot Bitcoin ETFs. This trend is highlighted by a rise in the U.S. To The Rest Reserve Ratio, indicating growing institutional adoption. BlackRock's iShares Bitcoin Trust ETF (NASDAQ:IBIT) holds a significant portion of these assets.

Portfolio Pulse from Aniket Verma

September 26, 2024 | 9:02 am

TIP

Analyst Gordon Johnson challenges Transportation Secretary Pete Buttigieg's claim that inflation decreased after the Inflation Reduction Act of 2022. Johnson argues that inflation is still rising, albeit at a slower pace. Economist Peter Schiff also criticizes the Act, suggesting it could lead to higher inflation due to government spending. The iShares TIPS Bond ETF, which tracks inflation-protected U.S. Treasury bonds, saw a slight decline.

Portfolio Pulse from Shanthi Rexaline

September 26, 2024 | 8:20 am

TSLA

Tesla is sending invites to select shareholders for its robotaxi unveiling event on October 10 in Los Angeles. The event, initially scheduled for August, was postponed to make improvements and prepare additional showcases. CEO Elon Musk aims to transition Tesla into an AI and robotics company, focusing on autonomous driving technology.

Portfolio Pulse from Anan Ashraf

September 26, 2024 | 7:49 am

KMX

CarMax, Inc. (NYSE:KMX) is set to release its Q2 earnings on September 26, with analysts expecting an EPS of 86 cents and revenue of $6.79 billion. Recent analyst ratings show mixed sentiments, with price targets ranging from $65 to $105.

Portfolio Pulse from Avi Kapoor

September 26, 2024 | 7:35 am

PLTR

Palantir Technologies (NYSE:PLTR) is expected to see a 20% stock price increase due to its AI platform, AIP, which is gaining traction among enterprises. Analyst Daniel Ives from Wedbush has raised the price target from $38 to $45, citing increased demand for Palantir's AI solutions and its strategic importance for enterprises.

Portfolio Pulse from Shanthi Rexaline

September 26, 2024 | 7:17 am