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RBLX

The Bear Cave's Edwin Dorsey accuses Hindenburg Research of plagiarism, claiming they used his research on Roblox without credit. Hindenburg's Nate Anderson denies the allegations, stating he never used Dorsey's work. The dispute centers around similar reports on Roblox and other companies.

Portfolio Pulse from Adam Eckert

October 16, 2024 | 4:23 pm

EPAC

Enerpac Tool Group's shares declined following the release of disappointing Q4 EPS results.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 4:23 pm

LRMR

Larimar Therapeutics shares rose after Oppenheimer initiated coverage with an Outperform rating and a $26 price target.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 4:23 pm

HCM

HUTCHMED shares rose following the announcement of positive high-level results from the SAVANNAH Phase II trial.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 4:22 pm

UNH

UnitedHealth Group Inc (NYSE:UNH) reported better-than-expected Q3 earnings, but analysts have cut forecasts due to higher medical costs and other pressures. Despite the earnings beat, the company's Medical Loss Ratio was worse than expected, leading to reduced price targets from several analysts.

Portfolio Pulse from Priya Nigam

October 16, 2024 | 4:18 pm

WVE

Wave Life Sciences shares rose after the company announced successful therapeutic RNA editing in humans from its RestorAATion-2 trial of WVE-006 for Alpha-1 antitrypsin deficiency.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 4:17 pm

ARKF

RVER

SOFI

SoFi Technologies is enhancing its payment services by adopting Galileo's Cyberbank Core, a cloud-based platform, to improve commercial payment services. This move is part of SoFi's ongoing partnership with Galileo, a subsidiary, and is expected to be completed by November 2024. The platform offers scalability, real-time processing, and agility, supporting SoFi's growth and innovation in financial services.

Portfolio Pulse from Lekha Gupta

October 16, 2024 | 4:16 pm

AMZN

NNE

Nano Nuclear Energy Inc. (NASDAQ:NNE) shares are rising due to Amazon Web Services' $500 million investment in nuclear power, including agreements for Small Modular Reactors. NNE's recent initiatives in space applications also contribute to the positive sentiment.

Portfolio Pulse from Nabaparna Bhattacharya

October 16, 2024 | 4:10 pm

CCJ

DNN

LEU

UEC

UUUU

Uranium stocks are experiencing a rise in share prices following Amazon Web Services' announcement of a $500 million investment in nuclear power.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 4:06 pm

BAC

C

JPM

WFC

Bank of America reported strong Q3 earnings, with analysts maintaining positive ratings and slightly increasing price targets. The bank's net interest income and core revenues exceeded expectations, and the positive trend is expected to continue into Q4. Analysts noted stability in consumer spending and credit quality.

Portfolio Pulse from Priya Nigam

October 16, 2024 | 4:05 pm