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GAUZ

Gauzy Ltd (NASDAQ:GAUZ) is set to unveil its AI-powered driver assistance system for commercial trucks at IAA TRANSPORTATION 2024. The system, integrated by Ford Trucks, aims to enhance safety and efficiency in the trucking industry. Gauzy's stock recently saw insider buying.

Portfolio Pulse from Anusuya Lahiri

September 16, 2024 | 10:31 am

AA

PWER

XME

Alcoa Corporation (NYSE:AA) has agreed to sell its 25.1% stake in the Ma’aden Joint Venture to Saudi Arabian Mining Company for $1.1 billion. The deal includes Ma’aden shares and cash, with Alcoa retaining some shares for at least three years. The transaction is expected to close in the first half of 2025, pending approvals. Alcoa's stock is trading higher following the announcement.

Portfolio Pulse from Lekha Gupta

September 16, 2024 | 10:28 am

EPIX

ESSA Pharma presented promising data on its prostate cancer therapy, masofaniten, at the ESMO 2024 Congress. The Phase 1/2 study shows prolonged PSA reduction when combined with enzalutamide, with no median time to PSA progression reached after 15.2 months.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 10:21 am

DRMA

NCNA

RFL

XCUR

Exicure, Inc. (NASDAQ:XCUR) shares surged over 49% in pre-market trading after the company entered into debt-for-equity exchange agreements and regained Nasdaq compliance. Other notable pre-market movers include NuCana plc (NASDAQ:NCNA) with a 94.4% gain due to positive Phase 2 study data, and Dermata Therapeutics, Inc. (NASDAQ:DRMA) rising 73.4%. On the downside, Rafael Holdings, Inc. (NYSE:RFL) fell 40.1% after previous gains.

Portfolio Pulse from Avi Kapoor

September 16, 2024 | 10:07 am

RIVN

TSLA

Tesla's Cybertruck significantly boosted EV registrations in the U.S. in July, with Tesla seeing a 1.2% increase in registrations. Despite heavy incentives driving sales, Tesla's dominance in the EV market remains strong, while Rivian saw a slight decline.

Portfolio Pulse from Anan Ashraf

September 16, 2024 | 9:57 am

DJT

Shares of Trump Media & Technology Group Corp (NASDAQ:DJT) rose 4.23% in pre-market trading following an attempted assassination on Donald Trump at his Florida golf club. Trump reassured supporters of his safety, and the suspect was apprehended. The incident is under investigation.

Portfolio Pulse from Pooja Rajkumari

September 16, 2024 | 9:43 am

NTRA

Natera has announced the publication of three new peer-reviewed papers, bringing the total to over 85 publications on its cancer diagnostic test, Signatera. This milestone highlights the growing validation and acceptance of Signatera in the medical community.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 9:21 am

ADAG

Adagene presented new clinical data at the ESMO Congress for its ADG126 and Keytruda combination, showing improved response rates and survival in certain cancer patients. The combination maintained a favorable safety profile.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 9:17 am

AAPL

Apple is facing lower than expected demand for its iPhone 16 Pro and Pro Max models during the first weekend of pre-orders, according to analyst Ming-Chi Kuo. Despite robust overall sales, the Pro models are underperforming, potentially impacting Apple's revenue projections. The iPhone 16 series, introduced with new AI capabilities, is also facing competition in China, and Apple has increased battery replacement prices for the Pro models.

Portfolio Pulse from Rounak Jain

September 16, 2024 | 9:15 am

VGK

The Eurozone's trade balance for July was reported at 21.2 billion euros, surpassing the estimated 14.9 billion euros but slightly below the prior month's 22.3 billion euros.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 9:03 am