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APLT

Applied Therapeutics, Inc. (NASDAQ:APLT) saw its stock soar after the FDA decided not to hold an Advisory Committee meeting for its drug govorestat, which is under Priority Review for treating Classic Galactosemia. The PDUFA target action date is set for November 28, and the company is expected to launch the drug in 2025, with projected sales exceeding $1 billion by 2030.

Portfolio Pulse from Vandana Singh

September 18, 2024 | 2:52 pm

SPY

The Federal Reserve is set to announce its rate decision at 2 p.m. ET. August building permits and housing starts have exceeded estimates, indicating a stronger housing market.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 2:50 pm

GE

Deep-pocketed investors are showing a bearish sentiment towards GE Aero, with significant options activity indicating potential market movements. The options activity includes both puts and calls, with a notable price window of $160 to $260. GE's stock is currently up 0.61% at $181.43, with an analyst setting a price target of $201.

Portfolio Pulse from Benzinga Insights

September 18, 2024 | 2:48 pm

MRVL

Investors are showing a bullish stance on Marvell Technology (NASDAQ:MRVL) with significant options trades. Benzinga's options scanner detected 12 unusual trades, with 66% bullish sentiment. Analysts maintain positive ratings, with price targets ranging from $85 to $120.

Portfolio Pulse from Benzinga Insights

September 18, 2024 | 2:48 pm

PYPL

Traders are circulating a rumor that PayPal's services have been added to Amazon Prime, which could potentially impact PayPal's stock price.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 2:44 pm

TGTX

TG Therapeutics, Inc. (NASDAQ:TGTX) stock is trading higher after the company updated its data presentations from the ULTIMATE I & II Phase 3 trials of BRIUMVI for multiple sclerosis. The data showed reduced relapse rates and stable safety over five years.

Portfolio Pulse from Dylan Berman

September 18, 2024 | 2:40 pm

SPAI

Safe Pro Group's shares are rising following the announcement of a Notice of Allowance from the USPTO for its AI-powered SpotlightAI technology, which detects and maps explosives.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 2:39 pm

AMBC

Ambac Financial Group's shares have risen by 10% recently as the company plans to sell its financial guarantee business by year-end. Analyst Harry Fong upgraded the stock to 'Buy' with a price target of $15, citing potential cash earnings and a $50 million share repurchase program post-sale.

Portfolio Pulse from Priya Nigam

September 18, 2024 | 2:38 pm

SPY

Reports have emerged of explosives found in a car near a Trump rally on Long Island, raising security concerns. This incident could potentially impact market sentiment, particularly affecting broad market indices like SPY.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 2:34 pm

SWVL

Swvl Holdings shares rose following the announcement of securing $2.6 million in new annual contracts in Saudi Arabia.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 2:32 pm