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EFTR

ONFO

QH

eFFECTOR Therapeutics reports positive data from Phase 2 expansion cohorts for Zotatifin in ER+ metastatic breast cancer patients. Onfolio completes development of generative AI search tool. Quhuo's homestay sector achieves RMB12 million in sales during Labor Day holiday.

Portfolio Pulse from Benzinga Newsdesk

May 26, 2023 | 12:54 pm

AI

FFIV

VZ

WMT

Insiders at Walmart, Verizon, F5, and C3.ai have recently sold shares, signaling potential concerns about the companies' prospects or stock valuations. Walmart reported strong sales growth, while Verizon's sales declined. F5 is reducing its workforce, and C3.ai reported strong preliminary financial results.

Portfolio Pulse from Lisa Levin

May 26, 2023 | 12:51 pm

GPS

Gap shares rose 11.8% in pre-market trading after reporting a profitable quarter on an adjusted basis, defying analysts' expectations of a significant loss. Other pre-market gainers include Oncorus, eFFECTOR Therapeutics, Shuttle Pharmaceuticals, and Arcus Biosciences, while losers include SunCar Technology Group, Beamr Imaging, Tilray Brands, Wearable Devices, and Peraso.

Portfolio Pulse from Lisa Levin

May 26, 2023 | 12:51 pm

ISUN

iSun Inc. CEO Jeffrey Peck and CFO John Sullivan each purchased 50,000 shares of iSun common stock at an average cost of $0.53 per share. The company reaffirmed its full-year revenue guidance of $95M-$100M and reported strong Q1 results, including a 15% revenue growth and a 30% reduction in operating expenses.

Portfolio Pulse from Happy Mohamed

May 26, 2023 | 12:49 pm

MRK

PDSB

PDS Biotechnology announced positive interim data from the VERSATILE-002 Phase 2 trial of PDS0101 in combination with Merck's Keytruda, in patients with HPV16-positive head and neck cancer. The 12-month overall survival rate was 87.1%, and median progression-free survival was 10.4 months. PDSB shares are up 26.96% in premarket trading.

Portfolio Pulse from Vandana Singh

May 26, 2023 | 12:48 pm

SPY

UUP

The Personal Consumption Expenditure (PCE) price index rose 4.4% YoY in April 2023, higher than expected, increasing market expectations for a June interest rate hike. The US dollar index (DXY) and the policy-sensitive two-year Treasury yield increased, while S&P 500 futures traded flat.

Portfolio Pulse from Piero Cingari

May 26, 2023 | 12:48 pm

SIRE

Sisecam Resources LP (NYSE:SIRE) has announced the completion of its acquisition by Sisecam Chemicals Wyoming LLC and the delisting of its common units from the NYSE. The transaction was valued at $25.00 per unit in cash.

Portfolio Pulse from Happy Mohamed

May 26, 2023 | 12:45 pm

ONFO

Onfolio announced the completion of a generative AI search tool development, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

May 26, 2023 | 12:44 pm

EFTR

EFFECTOR Therapeutics reported positive data updates from the Phase 2 expansion cohorts evaluating zotatifin in patients with ER+ metastatic breast cancer at the ASCO 2023 Annual Meeting, leading to higher trading of its shares.

Portfolio Pulse from Benzinga Newsdesk

May 26, 2023 | 12:44 pm

SPY

USA retail inventories excluding auto for April decreased by 0.1% compared to a 0.1% increase in the prior month.

Portfolio Pulse from Happy Mohamed

May 26, 2023 | 12:39 pm